Microsoft will fund housing projects with at least 100 units that set aside at least 40 percent of those units for middle-income families, or 80 percent for low-income families. Real estate developers will further have to commit to keeping those units affordable for 10 years.
Source: Inman News
Microsoft’s $500M affordable housing plan begins to shape
More from affordable housingMore posts in affordable housing »
- LA’s so-called ‘mansion’ tax has failed. It’s time to overturn it
- Dems seek answers on impact of Fannie, Freddie IPO on rates
- Brad Inman: ‘AI will be god-like,’ and other real estate predictions
- Mortgage rates drop sharply as Powell shifts stance on rate cuts
- ‘Construction is in a funk’: Homebuilding improves, but inventory issues remain
More from Buyers ToolsMore posts in Buyers Tools »
- Lenders getting a jump on higher 2026 conforming loan limits
- With fresh capital, Knock ups the limit on its bridge loans to $1M
- Colorado MLS begins offering complimentary Rayse access
- Meme stock rally? Short squeeze? Opendoor’s share price is soaring
- Waltz secures credit to scale foreign investment platform
More from Industry NewsMore posts in Industry News »
More from LifestyleMore posts in Lifestyle »
- Top 7 safety risks for real estate agents — and how to avoid them
- A security expert’s top 10 tips for keeping real estate agents safe
- MDLLA’s James Harris and David Parnes announce business split after 13 years together
- How single women are reshaping today’s real estate conversation
- Miami-based Elliman luxury agent Darin Tansey dies at 50
More from microsoftMore posts in microsoft »
- The 15 priciest home sales of 2025 so far are pretty huge
- How to automate 60% of workflow without sacrificing service
- Real estate AI increasingly blurs the lines between humans and tech
- Trump bump flattens for luxury homebuyers in Silicon Valley
- Jeff Bezos sells Seattle-area estate for recording-breaking $63M
More from News BriefMore posts in News Brief »
More from seattleMore posts in seattle »
- The modern tech stack agents and brokerages need now: Streaming
- How the escrow process offers a chance to show your value: Step 7
- Why Flyhomes is quitting the real estate brokerage business
- Support buyers as they navigate the home inspection: Step 6
- Guiding homebuyers through the offer’s fine print: Step 5
More from TechnologyMore posts in Technology »
More from washingtonMore posts in washington »
- How the escrow process offers a chance to show your value: Step 7
- Why Flyhomes is quitting the real estate brokerage business
- Better shares soar on bullish thesis by activist investor Eric Jackson
- On ‘Education Day,’ buyers teach you what they really want: Step 4
- Why is the Fed cutting interest rates — and what happens next?
Be First to Comment