Amazon and Microsoft, which separately have each promised to invest hundreds of millions of dollars in housing, have announced several new developments to fulfill these commitments.
Amazon, in a joint announcement with the Washington Metropolitan Transit Authority, said it will invest a total of $81.7 million in two multifamily projects adjacent to Metro train stations in Prince George's County in Maryland.
Amazon will invest $56.3 million in Gilbane Development Co.'s 451-unit Atworth College Park project, on a site adjacent to the College Park, MD Metro station at the University of Maryland.
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