ESG News For Washington Metropolitan Area Transit Authority

Affordable housing investments in two new residential buildings are among Amazon’s first from its $300 million transit-oriented development commitmentIn 14 months alone, Amazon has committed over $795 million in the Arlington, Virginia-Washington, D.C. region to create and preserve more than 4,400 affordable homes for local residentsAmazon’s investments have increased affordable housing units in Arlington by 22% over the past year

New affordable housing investments include four new transit-oriented developments in these headquarter regionsWith these latest initiatives, the Amazon Housing Equity Fund will have committed more than $1.2 billion to create or preserve over 8,000 homes in its first 14 months

This unique transit-oriented development approach to affordable housing promotes diverse, connected, and sustainable communitiesNew transit-oriented deal is part of Amazon’s more than $2 billion Housing Equity Fund, which aims to preserve and create more than 20,000 affordable housing units in regions it calls home