“Nearly four months to the day after Apple Inc. promised $2.5 billion to spur housing and address homelessness in the Bay Area, the first $150 million of that commitment is up for grabs by developers.
““This is exactly what we mean when we talk about creating bolder measures and greater equity in the region,” Kevin Zwick, CEO of Housing Trust Silicon Valley, said in a statement. “This grant creates opportunities to do what couldn’t be done otherwise, and we’re excited by the impact this fund will have.”
““This Fund will inspire innovative solutions from around the Bay Area, and we can’t wait to see the solutions our affordable housing industry proposes moving forward,” Amie Fishman, executive director of Non-Profit Housing Association of Northern California, said in a statement.
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