Microsoft Cannot Fix Seattle’s Housing Crisis

New York Times Opinion - January 18, 2019

On Wednesday, Microsoft announced a commitment of $500 millionto advance affordable housing solutions” in the greater Seattle area. While it was striking for the company to acknowledge how supremely difficult it is for “lower- and middle-income workers to afford to live close to where they work,” 95 percent of its commitment would be in the form of loans to housing developers, much of it for market-rate housing that will benefit more-affluent residents...

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