Monday Morning Cup of Coffee: LinkedIn invests $10m in Silicon Valley affordable housing

Every week, it seems like there’s another example of people (or companies) going to extremes to secure housing in the Bay Area. Earlier this year, Facebook and Google both announced plans to help build new, affordable housing in Silicon Valley. And now, LinkedIn is joining in too. All that, and more, in your Monday Morning Cup of Coffee.

http://www.housingwire.com/blogs/1/post/42048

HUD Secretary Carson launches centers to drive households to self-efficiency

U.S. Department of Housing and Urban Development Secretary Ben Carson announced a new initiative to help HUD-assisted families achieve self-efficiency. HUD explained these centers will be hubs for what it calls the four key pillars of self-sufficiency: character and leadership, educational advancement, economic empowerment and health and wellness.

http://www.housingwire.com/articles/42034

Real estate startup Compass secures largest real estate tech investment in U.S. history

Less than one month ago, Compass, a real estate technology company based in New York City, celebrated that it raised $100 million in its Series E investment round, which placed the company’s valuation at $1.8 billion. But that investment is dwarfed by the company’s new round of funding, which transforms Compass into one of the biggest in the real estate space.

http://www.housingwire.com/articles/42030