Apple's $1.5 Billion Initiative Eases California's Housing Crisis

Apple has deployed nearly $1.5 billion to address the housing crisis in California, with over 40,000 people benefiting from affordable housing and resources. The partnership with the state government has resulted in the creation of nearly 20,000 new homes, while nearly 24,000 people have received direct financial assistance. The Kelsey, a fully accessible apartment building in San Francisco, is one of the developments created through Apple's collaboration with Housing Trust Silicon Valley.