Tag Archives: housing

California needs more homes built. Google and Facebook are betting on this modular housing startup

Vallejo modular housing startup Factory_OS has raised $55 million from tech giants Google and Facebook, the software firm Autodesk, Citigroup, Morgan Stanley and asset manager Lafayette Square Holding. The money will enable Factory_OS to increase production at its second Mare Island factory and expand to Los Angeles, the company said Friday…. Source link

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The housing market is still on fire: Morning Brief

TipRanks Billionaire Ken Griffin Bets on These 3 “Strong Buy” Stocks Stocks have turned up since the end of October, buoyed by an election that may offer stability and by news that effective vaccines for the novel coronavirus are closer than we had dared to think. The quick market shifts are enough to make investors dizzy – or at least, to get them looking to the experts to make sense of the financial landscape.In times like these, the legends can offer some guidance. We are referring to… Source link

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Google commits over $100 million of $1 billion affordable housing pledge

Google has allocated $115 million out of a $250 million investment fund for affordable housing projects in the Bay Area. The Mountain View tech giant said that the $115 million commitment should help fund the creation of at least 24,000 affordable units by 2029, with the majority of using modular construction. The company pledged $1 billion for affordable housing in the region last year; the majority, it… Source link

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