Urgent.News

What's breaking now, across thousands of outlets.

Business

Airbnb commits $250M to build stalled US housing, starting with Austin

Airbnb has announced a robust initiative to inject $250 million into stalled housing projects, targeting funding shortfalls in construction-ready developments. The first investment of $6.4 million is earmarked for creating affordable housing in Austin, Texas. Additionally, a $5 million innovation prize will encourage advancements in housing technology, all part of Airbnb's commitment to tackling…

Airbnb commits $250M to build stalled US housing, starting with Austin

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

More in Business

More from Tuesday 15 September →