Amazon is creating a $2 billion housing equity fund to demonstrate its commitment to affordable housing in three cities where it will have at least 5,000 employees in the coming years: Washington State’s Puget Sound region; Arlington, Virginia; and Nashville, Tennessee. The fund will provide below-market loans, lines of credit, and grants to preserve and create 20,000 units of affordable housing. It will also provide $125 million in cash grants to businesses, nonprofits, and minority-led organizations to promote inclusive solutions to help communities of color.