Facebook has shared an update about its Catalyst Housing Fund, an initiative it began in 2016 with $20 million of investment. The firm says it's on track to invest $1 billion in the next decade.
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Google has announced that it's investing $10 billion in 2020 to expand and improve its offices and data centers in many areas across the United States, as well as supporting affordable housing.
Social media goliath Facebook announced today a commitment of $1 billion to tackle the affordable housing crisis in the State of California. The investment will be injected over the span of a decade.
Microsoft had made its largest ever pledge, committing $500 million to fix the Seattle housing crisis. Mayors of the nine largest cities around Seattle will also aim to increase affordable housing.
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