American City Business Journals
Amazon, MWCOG partner on affordable housing grants
Amazon.com Inc.’s Housing Equity Fund will grant $656,300 for 10 affordable housing developments and studies in Greater Washington, which the Metropolitan Washington Council of Governments will administer through a newly formed program. MWCOG’s new Housing Affordability Planning Program is designed to move faster toward the regional housing targets the organization established in 2019 — “especially near transit,” said Catherine Buell, director of the Amazon Housing Equity Fund, in a statement to the Washington Business Journal. While the grant dollar figures aren’t large, MWCOG Executive Director Chuck Bean said he hopes they attract other funders like banks or local governments to offer their own financing toward crucial affordable housing projects, given the players involved.
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