Link for reference: https://www.seattletimes.com/seattle-news/homeless/microsoft-pledges-500-million-to-help-develop-affordable-housing-in-seattle-and-on-eastsi

Link for reference: https://www.seattletimes.com/seattle-news/homeless/microsoft-pledges-500-million-to-help-develop-affordable-housing-in-seattle-and-on-eastside/ https://www.seattletimes.com/seattle-news/homeless/microsoft... From that article: - $225M of the $475M will be loans below market interest rates, directed at middle-income housing. - The remaining $250M of the $475M will be loans at market interest rates, directed at low-income housing. Other than optics, I'm not sure what the point of the $250M in market-rate loans is. I'd think that the main constraint on the development of low-income housing is that it's unprofitable, not that it's difficult to secure financing.