Apple, Google and Facebook committed $4.5 billion for housing. Now comes the hard part
Leslye Corsiglia, executive director of SV@Home, an affordable-housing advocacy group in San Jose, plans to meet with Apple and other companies to boost their policy engagement. “Itʼs really great to get all this land and money, but in order to get units under construction and moving forward, we need to get project approvals,” she said. […]
Apple Pledges $2.5 Billion to Ease California Housing Crisis
Leslye Corsiglia, executive director for Silicon Valley at Home, applauds Apple’s contribution. “I don’t think one corporation is going to solve the problem, but it’s nice to have Apple at the table, particularly to the extent that it encourages other companies.” MATTHEW RENDA │Courthouse News Service November 4, 2019 (CN) – Apple committed […]
How big a dent could Apple’s $2.5B make in Silicon Valley’s housing problem?
Leslye Corsiglia, executive director of SV@Home, notes that Apple’s commitment of $2.5 billion toward California’s housing crisis can provide a subsidy amount of $125,000 per unit, she said, which could be leveraged into 20,000 units. By Jody Meacham │ Silicon Valley Business Journal Nov 4, 2019, 3:06pm PST Updated Nov 4, 2019, 5:14pm PST […]
Cupertino & Mountain View Consider New Head Taxes
In the wake of Seattle’s action to adopt a $275 “Head Tax” which enacted a per-employee tax on large businesses to fund homelessness services and programs for affordable housing , both the Cupertino and Mountain View Councils have announced plans to study a similar tax. San Jose and Sunnyvale already have similar business taxes in […]
