Lessons from Facebook’s $1B Housing Crisis Investment

credit: DUI

Facebook is one of the most recent examples of big tech making investment to ease California's housing crisis, which has led to a homelessness epidemic in recent years.

Facebook has pledged $1 billion and other tech giants such as Microsoft and Google have also committed to the cause.

Supporters say that tech giants like Facebook have a social responsibility to their community, their country, and their world. Because of their influence, Facebook, Microsoft, Google, and others have an opportunity to do good, and they should take every opportunity to be true leaders.

Nike, Patagonia, Dick's Sporting Goods are all examples of other corporations that have taken a stand to help solve societal issues.

Facebook's investment could positively impact the company in years to come. The article recommends that the best solution is for big tech and the government to work in tandem to achieve the larger societal solution.

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Energy Innovation Challenge Launches $2.4M Program to Diversify Alberta'S Energy Economy

The Canadian city of Medicine Hat is kicking off the country's first-ever Energy Innovation Challenge to help small energy startups get their ideas off the ground and into the market, the CBC...more

Oot Social Health Redefines Community Building with Innovative Platform Launch

Loneliness has been linked to a host of health issues, including heart disease, cancer, and respiratory depression. Now a Canadian company is hoping to change that with an app it's calling "OOt...more

Santa Barbara Education Foundation Raises $130000 to Support Local Students at Hope Awards

Santa Barbara's 99.9 KTYD radio station is known for its rock 'n' roll, so it was only a matter of time before the station received an award for its community service. The nonprofit Santa Barbara...more

P.B. Scott Named Ey'S Master Entrepreneur of the Year for Ja

"It's very nice to be recognized. It's an honor to be a part of something that's global." So says P.B. Scott, president and CEO of the Musson Group, after being named the Master...more

Just Energy Transition: Economic Implications for Jharkhand

As the world shifts away from fossil fuels, workers in coal-mining states in India are bracing for job losses, Bloomberg reports. According to a report from the Center for Policy Research,...more

Chikamhi'S Book Inspires, Empowers Smes

"When I came to Harare from Zaka, I had nobody and knew nobody, but I had to define my career path and carve my own niche, hence the confidence that all these important people here now have in...more

Greater Hermiston Community Foundation Seeks Grant Applicants

The Greater Hermiston Community Foundation is accepting applications for its 2024 grant cycle. Local organizations serving Hermiston, Umatilla, Stanfield, Echo, and Irrigon are eligible to...more

Sparking Innovation and Inspiration
Foundation: Kellogg Foundation

For more than 30 years,Henrie Treadwell has been fighting for racial equity at the University of South Carolina, where she became the school's first black graduate since Reconstruction, the...more

Mercer Law, School of Music and Capricorn Partner for Entertainment Law Seminar

If you're an artist trying to break into the music business, there's a good chance you've never heard of entertainment law. But if you're a law student at Mercer University in Georgia, you may...more

Arc and Ace Unveil Groundbreaking Cohort for Georgia Veterans, Integrating Business ...

Amy Reese, a veteran and CEO of ARC Business Solutions, says she's "thrilled to see the impact" her organization's "Business Boots on the Ground" program will have on military veterans in...more