San Francisco Chronicle: Apple, Google and Facebook committed $4.5 billion for housing. Now comes the hard part
As Apple built the Bay Area’s most valuable building, its new $3.6 billion headquarters that opened in 2017, the housing shortage intensified. The tech giant stayed largely out of it, paying $5.85 million to help fund only 19 affordable housing units in its hometown of Cupertino. It was neutral as a battle raged over the last few years about redeveloping its neighbor, the defunct Vallco Mall, into housing and offices.