Amazon.com Inc. is nearing $1 billion in the distribution of loans and grants for affordable housing projects in Greater Washington. The milestone comes about 19 months after the e-commerce giant pledged big housing commitments in its three hub markets.
In January 2021, Amazon (NASDAQ: AMZN) launched the Housing Equity Fund, a $2 billion commitment to preserve and build 20,000 affordable homes here locally as well as in the Seattle area and in Nashville, Tennessee.
Since then, the company said,…