{"id":161935,"date":"2025-09-16T23:39:05","date_gmt":"2025-09-16T23:39:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/161935\/"},"modified":"2025-09-16T23:39:05","modified_gmt":"2025-09-16T23:39:05","slug":"amazon-hits-goal-of-10000-affordable-homes-in-puget-sound","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/161935\/","title":{"rendered":"Amazon hits goal of 10,000 affordable homes in Puget Sound"},"content":{"rendered":"<p>In 2021, Amazon set course on an ambitious goal to create 10,000 affordable homes throughout the Puget Sound region. As of Friday, Sept. 12, Amazon <a href=\"https:\/\/www.aboutamazon.com\/news\/community\/amazon-headquarters-seattle-bellevue-puget-sound-news\" target=\"_blank\" rel=\"noopener nofollow\">announced<\/a> it has reached its housing commitment vision.<\/p>\n<p>More than 10,000 affordable homes across the Puget Sound region represent more than $900 million in housing investments, benefitting an estimated 22,000 residents, according to Amazon, by providing stable housing close to jobs, schools, and transit. The e-commerce giant began this venture after it launched the <a href=\"https:\/\/www.aboutamazon.com\/impact\/community\/housing-equity\" target=\"_blank\" rel=\"noopener nofollow\">Housing Equity Fund<\/a> in 2021.<\/p>\n<p>\u201cWhen I think about these affordable homes, I see families finding stability and new opportunities,\u201d Alice Shobe, director of community impact at Amazon, said in a prepared statement. \u201cI\u2019m grateful to celebrate this milestone with our amazing housing partners, passionate community advocates, and the local officials who\u2019ve championed these efforts. These are solutions that will make a difference for generations to come.\u201d<\/p>\n<p>The Housing Equity Fund is part of Amazon\u2019s broader $3.6 billion commitment to support affordable housing in the Puget Sound area, Washington D.C., and Nashville.<\/p>\n<p>Keeping these homes affordable for generations<\/p>\n<p>Amazon stressed that a requirement within the overarching project was to keep the newly-created units affordable for 99 years.<\/p>\n<p>\u201cAmazon\u2019s partnership has been transformative for affordable housing development in the Puget Sound region. Their approach combines critical financial resources with a genuine commitment to long-term community stability through 99-year affordability requirements,\u201d Joe Thompson, president of Mercy Housing Northwest, stated. \u201cAt Connection Angle Lake, this partnership allowed us to create not just housing, but a community where residents can thrive near transit, jobs, and services.\u201d<\/p>\n<p>Amazon is currently accepting new applications for Puget Sound projects through Sept. 30.<\/p>\n<p>Follow Frank Sumrall <a href=\"https:\/\/x.com\/FMSumrall\" target=\"_blank\" rel=\"noopener nofollow\">on X<\/a>.\u00a0Send\u00a0<a href=\"https:\/\/mynorthwest.com\/contact-us\" rel=\"nofollow noopener\" target=\"_blank\">news tips here.<\/a><\/p>\n<p><a href=\"https:\/\/mynorthwest.com\/newsletters\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/MyNWBreakingNewsEmail-300X250.jpg\" style=\"margin: 0 auto;\" class=\"mobile-signup\"\/>\t&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/MyNWBreakingNewsEmail-830x100-1.jpg\" style=\"margin: 0 auto;\" class=\"desktop-signup\"\/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"In 2021, Amazon set course on an ambitious goal to create 10,000 affordable homes throughout the Puget Sound&hellip;\n","protected":false},"author":2,"featured_media":161936,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[192,2976,2989,2985,79,99,2988,2987,2986],"class_list":["post-161935","post","type-post","status-publish","format-standard","has-post-thumbnail","category-environment","tag-environment","tag-home","tag-mynorthwest-com","tag-mynorthwest-com-seattle-news","tag-science","tag-sports","tag-talk-and-community","tag-traffic","tag-weather"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/161935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=161935"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/161935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/161936"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=161935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=161935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=161935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}