Amazon-backed multifamily project in Takoma heads to foreclosure auction (opens original article in a new tab)

Amazon-backed multifamily project in Takoma heads to foreclosure auction. The project received financing from Amazon as part of a broader campaign by the e-commerce tech giant to fund affordable housing, but it's a local bank that has moved to foreclose.

• Amazon-backed multifamily project in Takoma faces foreclosure auction
• Project received financing from Amazon for affordable housing
• Local bank initiated foreclosure proceedings