Friday, September 29, 2023
  • Login
The Hospitality Daily
  • News
    • All
    • Cruise
    • Events
    • F&B
    • Hotels
    • Luxury
    • Recreation
    • Travel & Tourism
    memorable wedding

    Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

    Indian-Restaurant-Congress-2023-A-Gourmet-Gala-Uniting-Culinary-Visionaries-Thehospitalitydaily

    Indian Restaurant Congress 2023: A Joyous Gourmet Gala Uniting Culinary Visionaries

    5-Luxury-Honeymoon-Hotels-in-Singapore-TheHospitalitydaily

    Where Love Blooms: 5 Luxury Honeymoon Hotels in Singapore

    Luxury Hospitality Unraveled-Lessons from-the-Finest Hotels-around-the-Globe thehospitalitydaily

    Luxury Hospitality Unraveled: Lessons from the Finest Hotels around the Globe 2023

    Breakthrough in Air Travel: New York to London in Just 1 Hour!

    Breakthrough in Air Travel: New York to London in Just 1 Hour!

    Managing Staff in the 6 Best Hospitality Industry: Strategies for Recruitment, Retention, and Training

    Managing Staff in the 6 Best Hospitality Industry: Strategies for Recruitment, Retention, and Training

    The Growing Importance of Cybersecurity in Hospitality

    The Growing Importance of latest 6 Cybersecurity in Hospitality

    Top 5 best places to visit in Mumbai during a 5 - hour Layover

    Top 5 best places to visit in Mumbai during a 5 – hour Layover

    Business Trip Made Easy: 9 Guides to Choosing the Perfect Hotel

    • Hotels
    • Events
    • Cruise
    • Recreation
    • Travel & Tourism
    • Luxury
  • Insights
    • All
    • Analysis
    • Interviews
    • Opinion
    • Reports
    memorable wedding

    Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

    The-Role-of-Diversity-in-the-Hospitality-Industry-5-Key-Takeaways-Hospitality-Daily

    The Role of Diversity in the Hospitality Industry : 5 Amazing Key Takeaways!

    Future-Growth-Potential-of-the-Hospitality-Industry

    Future Growth Potential of the Hospitality Industry

    The-Rise-of-Home-Sharing-Accommodations-Hospitality-Daily

    The Rise of Home-Sharing Accommodations

    How Marriott's Mobile App Is A Customer Relationship Management System

    How Marriott’s Mobile App Is A Customer Relationship Management System

    Hospitality-Management-Degrees-What-Can-They-Do-For-Me-HOspitaltiy-DAily

    Hospitality Management Degrees: What Can They Do For Me?

    Accor Is Capturing the Leisure Travel Moment for Future Growth

    How Accor Is Capturing the Leisure Travel Moment for Future Growth

    Pyramid Global Hospitality

    Pyramid Global Hospitality and University of Virginia Breaks Ground on new Hotel and Conference Center in Charlottesville

    The Annual Hotel Conference Hoteliers Adapt, No Longer To Survive But To Thrive

    The Annual Hotel Conference: Hoteliers Adapt, No Longer To Survive But To Thrive

    • Analysis
    • Opinion
    • Reports
    • Interviews
  • HospitalityTech
  • F&B
  • Hotels
  • Luxury
  • NewsMakers
  • World
No Result
View All Result
  • News
    • All
    • Cruise
    • Events
    • F&B
    • Hotels
    • Luxury
    • Recreation
    • Travel & Tourism
    memorable wedding

    Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

    Indian-Restaurant-Congress-2023-A-Gourmet-Gala-Uniting-Culinary-Visionaries-Thehospitalitydaily

    Indian Restaurant Congress 2023: A Joyous Gourmet Gala Uniting Culinary Visionaries

    5-Luxury-Honeymoon-Hotels-in-Singapore-TheHospitalitydaily

    Where Love Blooms: 5 Luxury Honeymoon Hotels in Singapore

    Luxury Hospitality Unraveled-Lessons from-the-Finest Hotels-around-the-Globe thehospitalitydaily

    Luxury Hospitality Unraveled: Lessons from the Finest Hotels around the Globe 2023

    Breakthrough in Air Travel: New York to London in Just 1 Hour!

    Breakthrough in Air Travel: New York to London in Just 1 Hour!

    Managing Staff in the 6 Best Hospitality Industry: Strategies for Recruitment, Retention, and Training

    Managing Staff in the 6 Best Hospitality Industry: Strategies for Recruitment, Retention, and Training

    The Growing Importance of Cybersecurity in Hospitality

    The Growing Importance of latest 6 Cybersecurity in Hospitality

    Top 5 best places to visit in Mumbai during a 5 - hour Layover

    Top 5 best places to visit in Mumbai during a 5 – hour Layover

    Business Trip Made Easy: 9 Guides to Choosing the Perfect Hotel

    • Hotels
    • Events
    • Cruise
    • Recreation
    • Travel & Tourism
    • Luxury
  • Insights
    • All
    • Analysis
    • Interviews
    • Opinion
    • Reports
    memorable wedding

    Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

    The-Role-of-Diversity-in-the-Hospitality-Industry-5-Key-Takeaways-Hospitality-Daily

    The Role of Diversity in the Hospitality Industry : 5 Amazing Key Takeaways!

    Future-Growth-Potential-of-the-Hospitality-Industry

    Future Growth Potential of the Hospitality Industry

    The-Rise-of-Home-Sharing-Accommodations-Hospitality-Daily

    The Rise of Home-Sharing Accommodations

    How Marriott's Mobile App Is A Customer Relationship Management System

    How Marriott’s Mobile App Is A Customer Relationship Management System

    Hospitality-Management-Degrees-What-Can-They-Do-For-Me-HOspitaltiy-DAily

    Hospitality Management Degrees: What Can They Do For Me?

    Accor Is Capturing the Leisure Travel Moment for Future Growth

    How Accor Is Capturing the Leisure Travel Moment for Future Growth

    Pyramid Global Hospitality

    Pyramid Global Hospitality and University of Virginia Breaks Ground on new Hotel and Conference Center in Charlottesville

    The Annual Hotel Conference Hoteliers Adapt, No Longer To Survive But To Thrive

    The Annual Hotel Conference: Hoteliers Adapt, No Longer To Survive But To Thrive

    • Analysis
    • Opinion
    • Reports
    • Interviews
  • HospitalityTech
  • F&B
  • Hotels
  • Luxury
  • NewsMakers
  • World
No Result
View All Result
The Hospitality Daily
No Result
View All Result
Home News

Amazon to give out $2 billion for affordable housing in 3 US cities, for its workers

As per the statement of CEO Bezos, the funding will "help local families achieve long-term stability while building strong, inclusive communities."

Prerona by Prerona
January 7, 2021
in News, NewsMakers
0 0
0
0
SHARES
133
VIEWS
Share on FacebookShare on Twitter
  • Amazon has announced $2 billion in loans and grants for employees
  • The retail giant has stated that it would hand out approximately $185.5 million to the King County Housing Authority
  • Previously Amazon and Bezos have been involved in donating large sums towards affordable housing and homelessness services

THoD Newsdesk, Seattle: In a bid to secure cost-effective housing in 3 cities across the U.S for their employees, Amazon has announced $2 billion in loans and grants. This also includes a Seattle suburb which has approximately 5,000 workers, employed with Amazon. The retail giant has stated that it would hand out approximately $185.5 million to the King County Housing Authority, to assist them in affording apartments in the particular regions and keep the rents low, as per The Seattle Times.

The agency is expected to pair bond funding with the $161.5 million in loans and $24 million in grants from Amazon to fund the latest purchase on their bill, of 3 apartment buildings, including 470 units in Bellevue, about 10 miles (16 kilometres) west of Seattle, according to reports. Before Amazon, other tech companies too, have invested money to bolster affordable housing, after hordes of complaints flooded in about “worsened inequality in cities by pushing housing prices higher”.

RELATED POSTS

Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

Indian Restaurant Congress 2023: A Joyous Gourmet Gala Uniting Culinary Visionaries

In its latest venture, Amazon’s investment was also directed to Arlington, Virginia, and Nashville, and Tennessee- the region where it has hubs. The company officials mentioned that the $2 billion would preserve or create 20,000 affordable housing units over the span of 5 years.

As per the statement of CEO Bezos, the funding will “help local families achieve long-term stability while building strong, inclusive communities.”

Previously Amazon and Bezos have been involved in donating large sums towards affordable housing and homelessness services, which includes the setup of a homeless shelter on the campus of its Seattle headquarters.

ShareTweetShare
Prerona

Prerona

Prerona has a Master’s Degree in Advertising and Marketing Management. She plays with words for a living, having been into content writing for the past 4 years and counting.

Related Posts

memorable wedding

Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

by AdminTHDM
September 28, 2023
0

'Destination weddings are the wedding ceremonies that are held in a location that is away from your hometown or the...

Indian-Restaurant-Congress-2023-A-Gourmet-Gala-Uniting-Culinary-Visionaries-Thehospitalitydaily

Indian Restaurant Congress 2023: A Joyous Gourmet Gala Uniting Culinary Visionaries

by AdminTHDM
September 22, 2023
0

In the vibrant heart of Delhi, nestled within the elegant confines of Hotel Pullman, the culinary world is abuzz with...

5-Luxury-Honeymoon-Hotels-in-Singapore-TheHospitalitydaily

Where Love Blooms: 5 Luxury Honeymoon Hotels in Singapore

by AdminTHDM
September 20, 2023
0

A honeymoon is more than just a vacation; it's a magical beginning to a lifelong journey of love and togetherness....

Luxury Hospitality Unraveled-Lessons from-the-Finest Hotels-around-the-Globe thehospitalitydaily

Luxury Hospitality Unraveled: Lessons from the Finest Hotels around the Globe 2023

by AdminTHDM
July 2, 2023
0

Luxury hospitality is an art that goes beyond providing exceptional service and lavish amenities. It encompasses the creation of unforgettable...

Breakthrough in Air Travel: New York to London in Just 1 Hour!

Breakthrough in Air Travel: New York to London in Just 1 Hour!

by AdminTHDM
May 19, 2023
0

Table of Content: Introduction New York to London in just one hour Air Travel Hyperjet X- 1 Implementation Conclusion FAQs...

Next Post

India in talks with Sri Lanka regarding sectors of mutual cooperation

7-day institutional quarantine followed by week-long home isolation & COVID-19 test, mandatory for passengers arriving in Delhi from the UK

RECOMMENDED

Managing and Motivating Hospitality Staff: Best practices for creating a positive work culture

Managing and Motivating Hospitality Staff: Best practices for creating a positive work culture

September 29, 2023
memorable wedding

Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

September 28, 2023

MOST VIEWED

  • 5 Most Luxury Hotels in Maldives

    5 Most Luxury Hotels in Maldives

    0 shares
    Share 0 Tweet 0
  • 5 best places to visit in North America:

    0 shares
    Share 0 Tweet 0
  • 5 places where you can make your Christmas and New Year celebration memorable.

    0 shares
    Share 0 Tweet 0
  • How Airbnb Disrupted The Hospitality Industry

    0 shares
    Share 0 Tweet 0
  • Top 5 Most Profitable Airlines In The World

    0 shares
    Share 0 Tweet 0

About The Hospitality Daily

The Hospitality Daily

We are a media company focused on Hospitality B2B market. We create, aggregate and distribute actionable news, reports, analysis and more for the hospitality industry cohesively.

TRENDING

Managing and Motivating Hospitality Staff: Best practices for creating a positive work culture

Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

Indian Restaurant Congress Day 2: How Cloud-Kitchen & Delivery is Changing the Food Biz

Celebrating World Tourism Day 2023: Embracing Sustainable Travel

PRESS RELEASE

Managing and Motivating Hospitality Staff: Best practices for creating a positive work culture

Wedding Wonders: 10 Amazing Destination Wedding Countries for 2023

Indian Restaurant Congress Day 2: How Cloud-Kitchen & Delivery is Changing the Food Biz

Celebrating World Tourism Day 2023: Embracing Sustainable Travel

  • About
  • Submit Article/PR
  • Contact

© 2020 THD - A Medianiti Venture.

No Result
View All Result
  • Homepages
    • Homepage Layout 1
    • Homepage Layout 2
  • World

© 2020 THD - A Medianiti Venture.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In