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Stock impact report

Google Pledges $1 Billion to Develop 20,000 New S.F. Bay Area Homes Over the Next Decade [Fortune]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: Fortune
Google Pledges $1 Billion to Develop 20,000 New S.F. Bay Area Homes Over the Next Decade In an effort to “build a more helpful Google “We hope this plays a role in addressing the chronic shortage of affordable housing options for long-time middle and low income residents,” Pichai said in a blog post Google started in the SF Bay Area, and we know our responsibility to help starts at home: we’re making a $1B investment to enable the development of 20K new homes in the region at all income levels, including affordable housing options in the next 10 years https://t.co/vVEYOFIUm5 — Sundar Pichai (@sundarpichai) June 18, 2019 Three quarters of the $1 billion commitment will come by repurposing Google-owned land zoned for office space into residential housing areas, which could support the development of 15,000 homes “at all income levels” over the next decade. The remaining $250 million will create an investment fund to offer developers incentives to build 5,000 affordable homes throughout Show less Read more
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