Apple Partners with Housing Experts to Launch Bay Area Housing Innovation Fund
As part of its $2.5 billion pledge to address housing affordability in California, Apple has formed a partnership with the San Francisco Housing Accelerator Fund, Sobrato Philanthropies, and Destination: Home to establish the Bay Area Housing Innovation Fund. In the next two years, the fund intends to support four initiatives in the San Francisco Bay Area, resulting in the construction of more than 400 residences with an initial investment of $50 million to facilitate the development of affordable housing by offering targeted, advantageous financing…
