Back in 2019, Apple announced a $2.5 billion plan to help address the housing crisis in California in partnership with the state government. Each year, the company shares an update on its progress.
By the numbers, here’s how Apple’s mission with the state of California has gone so far:
- Nearly $1.5 billion have been deployed so far
- Over 40,000 Californians have accessed affordable housing and resources with the help of the program
- Nearly 20,000 people have benefited from new homes created through the partnership
- Nearly 24,000 people have benefited from direct financial assistance from Destination: Home with Apple’s support
- Over 1,000 new homes, including The Kelsey in San Francisco, have been created through Apple’s partnership with Housing Trust Silicon Valley
The Kelsey in San Francisco is a “fully accessible, disability-forward apartment building” developed through the public-private partnership between Apple and Housing Trust Silicon Valley.
Two buildings are already in operation, five developments are complete or nearly complete, and an additional six developments are under construction.
When complete, The Kelsey in San Francisco will also be home to a “ground-level commercial space for green businesses that employ people of all abilities, incomes, and backgrounds.”
You can read the full update on Apple’s efforts to help California combat the housing crisis in their home state here.
More
- Apple announces $2.5 billion plan to help tackle California housing crisis
- Apple affordable housing fund announces plans for first $400M
- Apple deploys more than $1.3B in its California affordable housing fund
FTC: We use income earning auto affiliate links. More.
Comments