1、The Amazon Housing Equity Fund Impact ReportYEAR IN REVIEW2022Corporate America plays a vital role in enriching its communities.Amazons belief is that all people should have access to housing they can afford.Low-income and minority families are disproportionately affected by an affordable housing sh
2、ortage in the U.S.While only governments at the local,state,and federal level have the capacity to implement more effective housing policies,Amazon believes the private and public sectors can work together to address this challenge.We will use our position as a large employer to support innovative h
3、ousing affordability initiatives.And,in locations where we have a sizeable presence,Amazon will invest directly in efforts where our financial support will make a difference.One key driver of our investments has been through the Amazon Housing Equity Fund(the Fund),which we established in January 20
4、21 with a more than$2 billion commitment to create or preserve more than 20,000 affordable housing units in our hometown communities.Amazon has partnered with public agencies and mission-driven partners to create inclusive housing developments and preserve existing housing through low-rate loans and
5、 grants.Our investments have quickly generated substantial community impact but there is more to do.As of March 2022,Amazon has announced total commitments of more than$1.2 billion1 in affordable housing initiatives in our hometown communities Arlington,Virginia;Puget Sound,Washington;and Nashville,
6、Tennessee.As of March 2022,the Amazon Housing Equity Fund has had a significant,positive impact on rental affordability in the communities Amazon calls home with more than$1.2B in loans and grants funded.THE AMAZON HOUSING EQUITY FUND YEAR IN REVIEW21 This figure includes Amazons investment of$379.9