NEW YORK, January 17. /TASS/. Microsoft will provide $500 million for the construction of affordable housing in the suburbs of Seattle (Washington state). This was stated Wednesday to The Seattle Times, the Corporation President, brad Smith.
According to him, most of this money is intended to expand access to housing for workers of low and medium incomes, who “teach our children in schools, put out fires in our homes and save our lives in hospitals.”
President declines to say exactly how many apartments and homes expects to build on the funds of the Corporation. We are talking about “tens of thousands of units” of housing, Smith said. He called the above mentioned amount to the largest transfer of funds for these purposes in 44 years of existence of Microsoft.
In November 2018 the capitalization of the American Corporation has reached more than $812,93 billion, exceeding the figure of Apple — $812,6 billion
Founded in 1975 by entrepreneurs bill gates and Paul Allen, Microsoft is one of the largest corporations producing software for different devices, from personal computers to mobile phones. The headquarters of Microsoft is located in Redmond (Washington state).
Read more •••