NPR

Google Will Devote $1 Billion To Try To Tame Housing Costs In SF Bay Area

Over the next 10 years, Google hopes to help bring 20,000 new homes to the local market. Part of the plan calls for rezoning company-owned land so that it can be used for residential housing.
RVs sit parked on a street near Google's headquarters in Mountain View, Calif. Some longtime area residents and lower-paid Google workers have had to look for alternatives to paying steep rental costs. Source: Justin Sullivan

Updated at 1:45 p.m. ET

Google is committing $1 billion to try to provide more affordable housing in the San Francisco Bay Area, where big tech firms have been blamed for putting home prices out of reach for anyone without a rich

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