The Amazon Housing Equity Fund’s commitment will provide long-term affordable housing for more than 18,000 people. With low-rate loans, grants, and partnerships with local governments and mission-driven partners, Amazon is at the forefront in addressing a nationwide housing affordability shortage.
Partnerships With Developers and Organizations of Color
A distinguishing factor for the $2 billion Amazon Housing Equity Fund is its emphasis on and support for communities of color who have been disproportionately affected by the affordable housing crisis.
Equity is, in fact, our middle name. The Amazon Housing Equity Fund focuses on equity in increased access to affordable housing and in partners who will build housing in these communities.
Central to this effort is the Fund’s support of both minority -owned development firms and minority-led local nonprofits. The biggest challenge that minority-led development companies face is access to capital and resources needed to advance affordable housing projects that benefit their communities.
Arlington, VA/Washington D.C Region
Amazon has preserved 1,953 units in Arlington, VA and increased the stock of long-term (99 years) multifamily units in Arlington County by 22%.
Puget Sound Region
Amazon has provided funding to support over 5,200 affordable units across the Puget Sound. In the city of Bellevue, WA, the Fund's commitments have increased the stock of long-term affordable multifamily units by approximately 20%
Amazon’s donations have helped over 700 households pay property taxes for up to five years and remain in their homes.
Apply To The Fund
Due to an overwhelming number of applications, Amazon Housing Equity Fund will temporarily pause accepting applications.