Microsoft is dropping a lot of money to help improve affordable housing in Seattle

Where the tech sector has boomed, affordable housing has suffered.

Now, Microsoft is following other tech giants in wanting to be part of the solution, announcing a $500 million fund targeting homelessness and affordable housing in Seattle on Wednesday.

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It’s the biggest pledge in the company’s history, and one of the largest by a private corporation towards housing, according to the Seattle Times.

Seattle, much like Northern California, is facing a lack of affordable housing, as the rapid growth of tech has led to people being priced out of the housing market. Read more…

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