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

You're reading a preview, sign up to read more.

More from NPR

NPR2 min readPolitics
Opinion: Should Republicans Still Call Themselves The Party Of Lincoln?
In defending the president's racist tweets, House Republican leader Kevin McCarthy declared, "We are the party of Lincoln." NPR's Scott Simon contends President Lincoln would object.
NPR3 min read
César Pelli, Renowned Architect Of Skyscrapers Around The World, Dies At 92
Pelli's legacy of modernist architecture lives on in buildings like the Petronas Towers in Malaysia, the Salesforce Tower in San Francisco and the Pacific Design Center in Los Angeles.
NPR7 min readTech
Space Spinoffs: The Technology To Reach The Moon Was Put To Use Back On Earth
Project Apollo spurred on a technological revolution — everything from advances in food packaging to computers. Fifty years later, we are still reaping the rewards.