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Microsoft pitches in an additional $65 million for affordable housing

Microsoft signage is displayed outside a Microsoft Technology Center in New York, U.S., on Wednesday, July 22, 2020. Microsoft Corp. is set to post quarterly results after the closing bell and the tech bellwether’s performance will likely uphold its standing as a darling of Wall Street. Photographer: Jeenah Moon/Bloomberg 775538623

Microsoft says it will make two loans totaling $65 million to local housing groups with the goal of creating more than 1,000 new affordable housing units in the Seattle area.

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