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PRESS ROOM: Amazon Commits an Additional $147 Million to Create and Preserve 1,260 Affordable Homes Primarily with Minority-Led Developers Across and Close to Washington D.C.

NNPA NEWSWIRE — The Amazon Housing Equity Fund has committed to create or preserve more than 10,000 affordable homes across the company’s hometown communities so far. Amazon’s commitment focuses on low-to-moderate income individuals and families, representing first responders, teachers, and service industry employees whose wages haven’t kept pace with escalating rents.
The post PRESS ROOM: Amazon Commits an Additional $147 Million to Create and Preserve 1,260 Affordable Homes Primarily with Minority-Led Developers Across and Close to Washington D.C. first appeared on BlackPressUSA.

Published

4 years ago

September 19, 2022

Oakland Post

Amazon’s Housing Equity Fund will support new developments in diverse and historically significant communities of color

ARLINGTON, VA — Amazon (NASDAQ: AMZN) announced a commitment of $147 million to create and preserve 1,260 affordable housing units in six of Washington D.C.’s eight wards and in nearby Maryland and Virginia communities – primarily in partnership with minority-led organizations.

This is the latest commitment from Amazon’s more than $2 billion Housing Equity Fund, which aims to combat affordable housing challenges and promote equity and inclusion in the communities the company calls home, including Washington state’s Puget Sound region; the Arlington, Virginia/Washington, D.C. region; and Nashville, Tennessee.

This announcement brings Amazon’s total commitment to help create or preserve affordable housing in the Washington, D.C. area to $992 million in support of over 6,200 affordable homes. This total includes Amazon’s marquee investment in Crystal House (which is over and above the $2 billion commitment), its $125 million transit commitment with the Washington Metropolitan Area Transit Authority (WMATA) and Amazon’s Real Estate Developers of Color Accelerator Programinvestments. Of this total, $696 million will be used to create or preserve nearly 3,600 units of affordable housing in partnership with minority-led organizations.

“We’re proud to work with a diverse set of experienced partners to create and preserve much-needed affordable homes that help keep long-term residents in the community while bolstering our diverse and historic neighborhoods,” said Catherine Buell, director of the Amazon Housing Equity Fund. “By working with these diverse development organizations, we can create long-lasting and inclusive affordable housing closer to public transit and other amenities that will improve quality of life for residents while helping ensure families across Washington D.C. are not displaced from their communities.”

Since launching in January 2021, the Amazon Housing Equity Fund has increased the long-term committed multifamily affordable housing stock in Arlington by 22% (based on data provided by Arlington County). These newly announced projects will build on this success and increase access to affordable housing throughout Washington, D.C.

“Working with minority real estate professionals in this way is impactful community development at its core,” said D.C. Mayor Muriel Bowser. “Amazon has taken the long view by standing with its partners and eliminating a significant barrier to entry for many real estate developers of color, access to capital. The Amazon Housing Equity Fund has empowered developers in the greater Washington D.C. area to expand opportunities for our neighbors through job creation and community revitalization.”

This announcement aligns with Mayor Bowser’s goal of creating 36,000 new housing units, a third of which will be affordable, by 2025. Each of these commitments will ensure the long-term preservation of affordability (generally 99 years, with limited exception) and makes housing available to individuals and families earning 30-80% of the area median income (AMI). Today’s announcement showcases partnerships with the following organizations:

The Congress Heights Apartments in the Congress Heights neighborhood of Ward 8, which will include the construction of 179 new affordable units for households earning between 30%-80% AMI. The Apartments will be developed by National Housing Trust (NHT), which works to ensure that privately owned rental housing remains in the affordable housing stock using the tools of real estate development, rehabilitation, finance, and advocacy – all with sustainability in mind.

Carver Terrace Apartments, located in the Carver Langston neighborhood of Ward 5, will include the preservation of 320 affordable units for households earning between 30%-60% AMI. These apartments will be preserved by Jair Lynch Real Estate Partners, a leading owner and developer of mixed-use properties and attainable housing.

The Residences at Benning Road will be the second affordable assisted-living community in Ward 7. This transit-oriented development, located at the former site of an Industrial Bank Branch (one of the first Black owned banks in the region), will create 156 new affordable apartments for households at 60% AMI within one block of the Benning Road Metro station. The Residences will be developed by Gragg Cardona Partners, a company that has been working for over two decades on revitalizing DC-area neighborhoods by using public/private partnerships to bring about new investments in housing, commercial space, and community facilities.

4111 Kansas Ave NW, a newly constructed residential building (originally designed as condominiums), to create 40 new affordable units for households earning between 50%-80% AMI in Ward 4. With Amazon’s support, the property was purchased by So Others Might Eat (SOME), a nonprofit with comprehensive programs that are designed to help neighbors experiencing homelessness and extreme poverty find pathways out of poverty and achieve long-term stability and success.

325 Vine will be a newly constructed apartment building in Ward 4 and will include 102 affordable units for households earning between 60%-80% AMI and will feature the preservation of two historic homes. The property is located across the street from the Takoma Metro station. SGA Companies is a full-service firm specializing in transit-oriented, multifamily residential and mixed-use retail properties in the Washington, D.C. metro area.

S Street Village will be a new development with 90 units of affordable housing at 60% AMI in Ward 1. The site will be developed by Manna, Inc., a nonprofit affordable housing consultancy and developer committed to helping low-income and moderate-income persons acquire affordable, quality housing across Washington, D.C.,

The Mount Pleasant Preservation Project will consist of the preservation of Richman Towers, Sarbin Towers and Park Marconiin the Mount Pleasant community in Ward 1. The Project will convert 165 apartments homes into affordable homes for households earning between 40%-80% AMI. Jubilee Housing is a nonprofit housing developer focused on creating affordable homes with onsite and nearby services in thriving communities.

Holmead Place Apartments consists of 100 homes in Ward 1, all of which will be converted in affordable, accessible residential units for households earning between 30%-80% AMI. Wesley Housing provides safe, quality and affordable housing to across the Washington D.C. metropolitan area.

In addition to these projects in Washington D.C., Amazon is providing funding to the following developers to create additional affordable housing in Maryland and Virginia:

A. Wash and Associates, Inc. and Northern Real Estate Urban Ventures (NREUV), are both Black-led real estate development organizations with deep ties to the Washington, D.C. area. They are collaborating on 210 on the Park, which will be a newly constructed development containing 130 affordable units for households earning between 70%-80% AMI. The apartment complex is located a short distance from the Capitol Heights Metro station in Prince George’s County, Maryland and includes retail space that will offer discounted rates for local and minority businesses.

Montgomery Housing Partnership (MHP) is a non-profit organization serving the residents of Montgomery County, Maryland and neighboring communities. The organization is committed to housing people, empowering families, and strengthening neighborhoods. Since 1989, MHP’s mission has been to preserve and expand access to quality, affordable housing. MHP is developing Nebel Street, which will be a new construction development containing 163 affordable homes for households earning between 30%-80% AMI.

Good Shepherd Housing and Family Services’ mission is to reduce homelessness, increase community support, and promote self-sufficiency. Good Shepherd Housing has served the housing needs of Northern Virginia families and individuals for more than 40 years. They are acquiring 18 homes in the Colchester Towne Condominiums and will preserve these at 50% AMI in Alexandria, Virginia.

With today’s announcement, the Amazon Housing Equity Fund has committed to create or preserve more than 10,000 affordable homes across the company’s hometown communities so far. Amazon’s commitment focuses on low-to-moderate income individuals and families, representing first responders, teachers, and service industry employees whose wages haven’t kept pace with escalating rents. To learn more about the Amazon Housing Equity Fund, please visit us here.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

The post PRESS ROOM: Amazon Commits an Additional $147 Million to Create and Preserve 1,260 Affordable Homes Primarily with Minority-Led Developers Across and Close to Washington D.C. first appeared on BlackPressUSA.

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Smooth Ride! Car Suspension & Comfort Tested #shorts

Smooth suspension meets surprisingly spacious legroom. Experience true comfort on any road!

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Oakland Post

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61 years since Selma, Houston leaders say the bridge remains to be crossed

61 years after Selma, Houston leaders say the fight for equality continues. The issues that sparked the marches still impact Black Americans today.

Published

1 month ago

October 4, 2026

Oakland Post

Houston leaders discuss the ongoing struggle for civil rights 61 years after Selma, emphasizing the need for continued action.

It has been 61 years since the Selma marches. But political leaders in Houston say that the issues protesters were marching for still plague the lives of Black Americans.

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Here is what you need to know about finding unique white elephant gift ideas that everyone wants to steal

The best white elephant gift ideas are funny enough to get a reaction but useful enough that people actually want to steal them. Look for gifts with a surprise factor, broad appeal, an inside joke, and just enough personality to spark some friendly competition. The wrapping paper comes off, the room goes quiet for half […]

Published

1 month ago

October 4, 2026

Oakland Post

The best white elephant gift ideas are funny enough to get a reaction but useful enough that people actually want to steal them. Look for gifts with a surprise factor, broad appeal, an inside joke, and just enough personality to spark some friendly competition.

The wrapping paper comes off, the room goes quiet for half a second, and suddenly everyone wants the same gift. That is the sweet spot. A great white elephant pick should make people laugh, lean in, and start plotting their next steal before the turn is even over.

Should a White Elephant Gift Be Funny or Useful?

A white elephant gift can be funny or useful, but the strongest choices usually give people a reason to laugh and a reason to keep the item. A practical gift with an odd design, unexpected feature, or playful theme can get a reaction without becoming something the recipient immediately wants to give away.

The right balance depends on the group. Close friends and family members may enjoy a ridiculous gag gift because they already understand one another’s sense of humor.

A workplace exchange, neighborhood party, or mixed-age gathering usually calls for something with broader appeal. In those settings, humor works better when it is built into an item people could still use afterward.

It also helps to think about how quickly the gift will make sense once it is opened. A strangely shaped kitchen tool, oversized mug, quirky desk accessory, or unexpectedly fancy everyday item can create an immediate reaction. Guests understand the joke right away, while the item still has enough practical value to attract a steal.

Pure gag gifts can be harder to pull off. Something that exists only for the punchline may get a big laugh during the reveal and then sit untouched for the rest of the game. If the goal is to bring one of the gifts everyone keeps fighting over, usefulness gives the joke staying power.

Memorable Present Ideas: Creating Inside Joke Gifts

Inside joke gifts can make a white elephant exchange feel much more personal, especially when most of the group shares the same stories. The trick is choosing a reference that people will recognize quickly instead of building the entire joke around something only two guests understand.

You can turn a memorable vacation mishap, office catchphrase, family story, or long-running group joke into the theme of the gift. A personalized comic book can work especially well when it turns familiar people or a ridiculous shared moment into part of the story.

Think carefully about who the joke involves before ordering anything permanent. The gift should make the person feel included in the fun, not singled out for the wrong reason.

Can You Bring Something You Already Own?

Holiday gift exchanges can be a good place to re-gift something you never used, especially if it is unopened and clean.

The following can all work if they still look presentable:

A duplicate kitchen gadget
An untouched game
A decorative item
A sealed gift set
An unopened candle
A new travel accessory

The goal is to give the item a second chance, not use the exchange as an excuse to clear out damaged or unwanted clutter.

Take a close look at the packaging before wrapping it. Faded boxes, missing pieces, visible wear, or anything that looks obviously used can make the gift feel careless.

Wrapping Budget-Friendly Gifts

Wrapping can make gifts more entertaining before anyone even knows what’s inside.

Misdirection works especially well for fun party games. Put a small gift inside a much larger box. Use packaging from an unrelated household item.

Add harmless weight so guests cannot guess what they are holding. The reveal becomes part of the joke without changing the gift itself.

You can also lean into the theme of the exchange. Bright paper, oversized bows, reusable bags, or deliberately over-the-top wrapping can make an ordinary item feel more memorable. If the gift itself is already funny, simple wrapping may work better so the surprise stays hidden until the last second.

Frequently Asked Questions

Is Picking Last an Advantage in White Elephant?

Picking last can be an advantage because you get to see almost every gift before making your move. Instead of choosing blindly from the remaining wrapped presents, you can steal something that has already caught your attention if the rules still allow it.

That advantage depends on the house rules. Some games limit how many times a gift can be stolen.

Others lock an item once it reaches a certain number of steals. If the most popular gifts are already unavailable, the final player may have fewer strong options than expected.

The first player can also get another turn at the end in some versions of the game. That rule can balance things out, since the person who started with the least information may get one final chance to steal.

How Do You Plan White Elephant for a Large Group?

For a large white elephant exchange, set a firm spending limit and establish the stealing rules in advance.

Create a clear turn order before the game begins. Drawing numbers as guests arrive can save time once everyone is ready to start.

Keep the number of steals per gift limited so the game does not drag on. It also helps to have one person track which creative holiday presents have been stolen and when they are locked, especially if dozens of people are participating.

Can You Play White Elephant Virtually?

A virtual white elephant exchange can work over a video call, with one person keeping track of the turn order and each steal. Guests can either mail physical gifts ahead of time or use digital gifts that can be delivered once the game ends.

Set the spending limit and stealing rules before everyone joins. It also helps to decide how gifts will be revealed and who is responsible for sending each one afterward so the exchange does not become confusing.