Micron invests over $67M in local housing, transit and 'eligible' children - KBOI
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BOISE, Idaho (CBS2) - Micron announced Tuesday morning an additional $67 million in investments in Idaho and the Treasure Valley. Contributing money to housing and transportation projects as well as seeding 530A accounts, otherwise known as "Trump Accounts" for children. How the investments break down is $11.5 million to expand public transit in the Treasure Valley, $10.5 million in housing projects in Mountain Home and Boise and $45 million in the savings accounts. "We knew it was going to require, of course, investment in our facilities, investment in people... but we also knew it was going to require investment in the community," April Arnzen, Micron executive vice president and chief people officer told CBS2/FOX9 in an interview Tuesday morning. In transportation, $11.6 million is being invested over the course of five years in partnership with Valley Regional Transit to establish a new regional bus route that connects Caldwell, Nampa, Meridian and Boise. As well as expand VRT On-Demand near Micron's Boise campus. Elaine Clegg, the CEO of Valley Regional Transit, said in remarks to a room full of public and private partners that she believes this is a way to "begin" to provide more affordable options for transportation, and could potentially lead to less cars on the roads. To address housing, Micron announced a $10.5 million investment split between the Lusk District...
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