CLPHA Executive Director Speaks to Marketplace about Tech Companies' Investments in Affordable Housing

Date Published: 
November 6th, 2019

In an interview with radio program Marketplace for its November 4 story "Apple pledges $2.5 billion to ease California’s housing crisis," CLPHA Executive Director Sunia Zaterman told reporter Jack Stewart that Apple's recent $2.5 billion Bay Area affordable housing pledge is an important starting point in addressing the nation's affordable housing shortage, but also noted that much more money is needed to help public housing authorities provide affordable housing for low-income individuals and families. Zaterman told Stewart that public housing needs an injection of $50 to 70 billion to address its massive capital needs backlog. 

“The giving back here [by Apple] should be seen as necessary and required,” said Zaterman, “because these corporations are benefiting from the workforce, from the transportation systems, health systems, that are already in their communities.”

Read or listen to Marketplace's story.


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