Google on Tuesday unveiled a $1 billion plan to build up to 20,000 new homes in the Bay Area, with a special focus on affordable housing.
The Mountain View-based search giant said it will ask city governments to rezone $750 million worth of office and industrial land that it currently owns, and give it the green light to build 15,000 new homes over the next 10 years. The company will also open up a new $250 million investment fund for real estate developers, in hopes of building at least 5,000 affordable…
