Google Invests $28 Million In Affordable Housing [Headlines]
The search giant has broken into the low-income housing development market.
Google has the search, mobile, and advertising markets covered. Now it’s branching out once again, this time into low-income housing developments.
The Boston Globe reported today that Google has invested $28 million to build 240 housing units at the Charlesview Residences in Allston, a Boston neighborhood. According to the Globe, the Charlesview is one of the country’s largest low-income housing developments. Charlesview currently has 213 “one to four bedroom homes,” the property’s owner, Peabody Properties, says on the complex’s Web site. Cnet