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Apple announces $2.5 billion plan to tackle California housing crisis

Apple today announced that it is launching a scheme worth $2.5 billion to address the housing crisis in California. Apple wants to tackle the issue of skyrocketing house prices in its home state.

Apple’s commitment includes $1 billion in affordable housing investments, $1 billion in mortgage assistance for first-time buyers, and $300 million worth of Apple land opened up to affordable housing projects.

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The post Apple announces $2.5 billion plan to tackle California housing crisis appeared first on 9to5Mac.

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