LinkedIn, Cisco, and Pure Storage are joining together to invest a total of $20 million into the TECH Fund, a program started by Housing Trust Silicon Valley that aims to get more high-tech organizations, large employers and philanthropists involved with creating affordable housing in the Bay Area.
For the second day in a row, U.S. stocks are roiled over prospects for the economic downturn. Dow Jones Industrials had fallen more than 300 points by early afternoon, after computer network hardware provider Cisco reported weak demand.
HUD’s objectives are sometimes distributed by factors ranging from politics, socio-economic disparities and even natural disasters. When American homeowners fall victim to any of these elements, HUD is not only there to offer a helping hand, but often serves as the tool that leads to recovery.