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Microsoft pledges $500 million to address Seattle’s affordable housing problem 

Jan 17, 2019By

Microsoft has pledged $500 million to fund the construction of affordable housing in the Seattle area. The effort is a move to address criticism that tech companies have pushed out lower income residents, as an influx of well-paid tech employees have descended on the area, driving up home prices and making Seattle one of the most expensive cities to live in the nation.

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