{"id":8031,"date":"2013-09-12T05:00:27","date_gmt":"2013-09-12T12:00:27","guid":{"rendered":"http:\/\/www.yardi.com\/blog\/?p=8031"},"modified":"2026-02-22T15:30:09","modified_gmt":"2026-02-22T23:30:09","slug":"google-invests","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/google-invests\/","title":{"rendered":"Google Invests"},"content":{"rendered":"<p>Franklin Street Family Apartments, a new affordable community in Mountain View, Calif., has a tech-savvy benefactor. The $23.4 million multifamily community, which was developed by ROEM Corp., received $6.5 million in equity from Google. The tech giant also<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-8032\" src=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2013\/09\/Franklin-Street-Family-Apartments_homework-room-300x200.jpg\" alt=\"Downtown Family Development\" width=\"300\" height=\"200\" \/> provided a grant to provide computers and free Internet access to residents.<\/p>\n<p>\u201cOur investment in Franklin Street Family Apartments is helping to create 51 new affordable housing units for families,\u201d Kojo Ako-Asare, head of Google\u2019s corporate finance team, says. \u201cMountain View has been a wonderful home to Google, so we couldn\u2019t be more thrilled to help others make this community their home as well.\u201d<\/p>\n<p>Franklin Street Family Apartments includes one-, two- and three-bedroom floor plans. There are 92 parking spaces available for residents, but the community is also located in close proximity to public transportation, making the apartments eco-conscious. Other green elements include photovoltaic panes, water and energy-efficient appliances and transit passes for residents.<\/p>\n<p>\u201cGoogle remains committed to supporting affordable housing options in areas that allow for use of alternative transportation,\u201d Ako-Asare says.<\/p>\n<p>Though the community just recently celebrated its grand opening, Franklin Street Family Apartments is already 100 percent occupied.<\/p>\n<p><a title=\"Franklin Street Apartments\" href=\"http:\/\/www.multihousingnews.com\/news\/google-invests-in-roem-corporations-new-affordable-community\/1004089642.html\" target=\"_blank\" rel=\"noopener\">Read more about Franklin Street Family Apartments here.<\/a><\/p>\n<p><em>Jessica Fiur is News Editor at <a href=\"http:\/\/www.multihousingnews.com\/\">Multi-Housing News.<\/a><\/em> <em>Find more of her insights on multifamily living on the \u201c<a title=\"What Renters Want\" href=\"http:\/\/blog.multihousingnews.com\/\" target=\"_blank\" rel=\"noopener\">What Renters Want<\/a>\u201d blog.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Franklin Street Family Apartments, a new affordable community in Mountain View, Calif., has a tech-savvy benefactor. The $23.4 million multifamily community, which was developed by ROEM Corp., received $6.5 million in equity from Google. The tech giant also provided a grant to provide computers and free Internet access to residents. \u201cOur investment in Franklin Street [&hellip;]<\/p>\n","protected":false},"author":443,"featured_media":8032,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3236,4],"tags":[26,47,76],"class_list":["post-8031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-affordable-housing","category-news","tag-affordable-housing","tag-google","tag-technology-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"Franklin Street Family Apartments, a new affordable community in Mountain View, Calif., has a tech-savvy benefactor. 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