Airbnb is committing $250 million to help stalled US housing projects get built; its first $6.4 million investment will support 201 affordable homes in Austin
- Airbnb has pledged $250 million (£190 million) in below-market financing to help restart stalled housing projects, with its first $6.4 million investment going toward an affordable housing development in Austin, Texas.
- The short-term rental company announced the Airbnb Housing Accelerator, a new program aimed at addressing the U.
- housing shortage by filling funding gaps for construction projects that are ready to begin.
Unverified
- Airbnb has pledged $250 million (£190 million) in below-market financing to help restart stalled housing projects, with its first $6.4 million investment going toward an affordable housing development in Austin, Texas.
- The short-term rental company announced the Airbnb Housing Accelerator, a new program aimed at addressing the U.
- housing shortage by filling funding gaps for construction projects that are ready to begin.
Sources: Times of India