- Apple has deployed nearly $1.5 billion to help 40,000 Californians find affordable housing.
- The company has committed to investing $2.5 billion since 2019.
- Apple has also helped launch the California Housing Finance Agency Bond Recycling Program.
Apple has now deployed nearly $1.5 billion to help 40,000 Californians find a home. The initiative was launched in 2019 and the company has committed to investing $2.5 billion since then. Apple has also helped launch the California Housing Finance Agency Bond Recycling Program, which has been able to access hundreds of millions of dollars above and beyond Apple’s direct investment.
One of the people benefiting from the new housing developments is Linda Smith, who, with her husband, saw their home of 28 years foreclosed on them. Now the couple live in Apple’s Cedar Grove Apartments in Santa Rosa, California. Apple has also continued its now years-long collaboration with Destination: Home, which has now created homes in the Bay Area.
Fernando Cortes is an individual and his family who benefited from Apple’s efforts in 2021. Together with Destination: Home, Apple helped defray the cost of his rental payments that were threatening to see him lose his home. Cortes is now contributing to Destination: Home, working on an advisory board and wishing to ensure other people know that when they go get help, there’s somebody there listening to them and working to improve things.
