Google Helps Finance Boulder's Affordable Housing Market

BOULDER, Colo. (CBS4)- Google is helping boost Boulder's affordable housing market.

The tech giant is helping finance affordable housing with a nearly $42 million investment through tax-exempt bonds.

According to the Daily Camera, the money will be used for more than 200 apartments.

The City of Boulder contributed $11 million towards its affordable housing program in July 2015.

Google is building an office campus in Boulder and has invested in affordable housing in 43 other cities.

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