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2021-07-14

Wow! Like please

Apple says it has deployed $1 billion from $2.5 billion California housing fund

(Reuters) - Apple Inc on Wednesday said it had committed more than $1 billion out of a $2.5 billion

Apple says it has deployed $1 billion from $2.5 billion California housing fund

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Like please","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/144199159","repostId":1130085793,"repostType":4,"repost":{"id":"1130085793","kind":"news","pubTimestamp":1626268245,"share":"https://www.laohu8.com/m/news/1130085793?lang=&edition=full","pubTime":"2021-07-14 21:10","market":"us","language":"en","title":"Apple says it has deployed $1 billion from $2.5 billion California housing fund","url":"https://stock-news.laohu8.com/highlight/detail?id=1130085793","media":"Reuters","summary":"(Reuters) - Apple Inc on Wednesday said it had committed more than $1 billion out of a $2.5 billion ","content":"<p>(Reuters) - Apple Inc on Wednesday said it had committed more than $1 billion out of a $2.5 billion fund aimed at addressing California's affordable housing crisis.</p>\n<p>Apple, whose Northern California home has one of highest housing costs the United States, created the fund in 2019, saying that $1 billion would go toward a state-run affordable housing investment fund, another $1 billion toward first-time home buyer assistance and the remainder toward programs aimed at building new affordable housing and nonprofit groups in the San Francisco Bay Area.</p>\n<p>Apple said Wednesday that the funding has supported the creation of affordable housing in 25 of California's 58 counties, including rural counties such as Amador.</p>\n<p>Apple did not disclose specific figures but said that it had provided mortgage and down payment assistance to \"thousands\" of low- and moderate-income first-time home purchasers through the California Housing Finance Authority, up from several hundred a year before.</p>\n<p>Apple said that nearly two-thirds of borrowers identify as Hispanic, Black, Asian, Pacific Islander, or American Indian. 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