iLoungeiLounge
  • News
    • Apple
      • AirPods Pro
      • AirPlay
      • Apps
        • Apple Music
      • iCloud
      • iTunes
      • HealthKit
      • HomeKit
      • HomePod
      • iOS 13
      • Apple Pay
      • Apple TV
      • Siri
    • Rumors
    • Humor
    • Technology
      • CES
    • Daily Deals
    • Articles
    • Web Stories
  • iPhone
    • iPhone Accessories
  • iPad
  • iPod
    • iPod Accessories
  • Apple Watch
    • Apple Watch Accessories
  • Mac
    • MacBook Air
    • MacBook Pro
  • Reviews
    • App Reviews
  • How-to
    • Ask iLounge
Font ResizerAa
iLoungeiLounge
Font ResizerAa
Search
  • News
    • Apple
    • Rumors
    • Humor
    • Technology
    • Daily Deals
    • Articles
    • Web Stories
  • iPhone
    • iPhone Accessories
  • iPad
  • iPod
    • iPod Accessories
  • Apple Watch
    • Apple Watch Accessories
  • Mac
    • MacBook Air
    • MacBook Pro
  • Reviews
    • App Reviews
  • How-to
    • Ask iLounge
Follow US

News › Apple

Apple

Apple To Help California Housing Crisis with a $2.5B Plan

Last updated: Nov 5, 2019 1:19 pm UTC
By Samantha Wiley
Apple To Help California Housing Crisis with a $2.5B Plan

Apple has announced that they have a $2.5 billion plan to fix the housing issue in California.

Advertisements

Currently, the state is experiencing an ever-increasing price on its real estate. Apple’s $2.5B scheme involves $300M of Apple land for affordable housing projects, $1B first-time buyer mortgage assistance and $1B for affordable housing investments.

Apple To Help California Housing Crisis with a $2.5B Plan

The Cupertino-based company has also mentioned that they will be working with community organizations and California Governor Gavin Newsom.

The budget for affordable housing involves opening a line of credit for households with low to moderate income. Mortgage assistance will help first-time buyers with down payment and financing. Apple states that they will be exploring new ways on how to help veterans, school workers and emergency services staff as well.

Lisa Jackson, Apple’s VP of Environment says they will be addressing challenges on all fronts and continue to explore new solutions in regards to housing efforts.

Advertisements

Latest News
M3 iPad Air
The 11-inch M3 iPad Air 256GB Wi-Fi is $70 Off
1 Min Read
iOS 19
iOS 19 to have AI-Powered battery management feature
1 Min Read
Apple TV+
‘Knife Edge: Chasing Michelin Stars’ to arrive on Apple TV+
1 Min Read
Mac to School
New ‘Mac to School’ Video ads surface online
1 Min Read
M4 MacBook Air
The 13-inch M4 MacBook Air 256GB is $150 Off
1 Min Read
Folding iPad and Touchscreen Mac
Folding iPad and Touchscreen Mac might debut before 2030
1 Min Read
Fortnite
‘Fortnite’ App submitted again for review to the App Store
1 Min Read
Apple
Apple reportedly skirting around tariff with Brazil facility
1 Min Read
AirPods 4
The AirPods 4 is $30 Off
1 Min Read
Apple Smart Glasses
Apple smart glasses might debut late 2026
1 Min Read
Total War: Rome II
New ‘Total War: Rome II’ arrives on macOS
1 Min Read
Netflix
Netflix to add AI to user search
1 Min Read

iLounge logo

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond. iPod, iPhone, iPad, iTunes, Apple TV, and the Apple logo are trademarks of Apple Inc.

This website is not affiliated with Apple Inc.
iLounge © 2001 - 2025. All Rights Reserved.
  • Contact Us
  • Submit News
  • About Us
  • Forums
  • Privacy Policy
  • Terms Of Use
Welcome Back!

Sign in to your account

Lost your password?