Factory_OS Raises $55 Million For Its Innovative Efforts To Solve The Bay Area Housing Crunch
November 23, 2020Factory_OS raised $55 million in a Series B funding round, led by Lafayette Square and backed by Autodesk, Citi, Facebook, Google and Morgan Stanley.
Factory_OS Joins Forces With Technology and Finance Leaders to Solve the Housing Crisis
November 20, 2020Factory_OS announced today that it has raised $55 million in Series B funding from six tech and finance industry giants—Autodesk, Citi, Facebook, Google, Morgan Stanley and round leader Lafayette Square. The investment will help Factory_OS accelerate growth and further integrate digital technologies to build multifamily housing.
It’s time to fight for the San Francisco we love, not abandon it
September 27, 2020The city of San Francisco spends at least $600,000 over seven years to build just one unit of permanent housing. By next year, in partnership with Factory OS, Mercy Housing and the Northern California Carpenters Union, Tipping Point will have completed 145 units in under three years for less than $400,000 per unit.
What Bay Area can do to solve its housing crisis
Leslye Corsiglia and Kevin Zwick | The Mercury News
Opinion: What Bay Area can do to solve its housing crisis Leslye Corsiglia and Kevin Zwick Michael Lerner works to build a “granny unit” in the backyard of his house in November, 2016, in San Jose. Building more granny units…
Affordable, much-needed modular homes on Vallejo’s Mare Island
Tom Vacar | KTVU
VALLEJO, Calif. (KTVU) – A new front opened up Wednesday on the struggle to build more housing, more quickly and for a lot less money. The official grand opening of Factory OS, on Vallejo’s Mare Island harkens new era in…
The modular revolution promises to shake up Bay Area housing
Blanca Torres | SF Business Times
Inside a cavernous industrial building where the U.S. Navy built hundreds of ships for overseas combat, longtime Bay Area housing developer Rick Holliday is battling a crisis closer to home: the Bay Area’s dire need for more housing. In March, Holliday’s Factory…
Housing Goes Modular
Robert Gammon | Oakland Magazine
As Rick Holliday strolled through his massive warehouse on Mare Island, he recalled the moment when he realized he had to change his business. The Oakland-based developer has spent much of his career building workforce and affordable housing for middle-…
SF set to start process for building modular housing for formerly homeless
J.K. Dineen | SF Chronicle
SF set to start process for building modular housing for formerly homeless By J.K. Dineen January 22, 2018 Doubling down on its commitment to using off-site construction methods to create faster and less-expensive housing for the formerly homeless, city officials are…
A little hope for a homeless solution: Tiny housing units sprout in the Bay Area
Kevin Fagan | SF Chronicle
Nearly two years after a smattering of tiny homes popped up in the Bay Area as a peculiar new way of housing homeless people, the technique is exploding from one end of the region to the other. Nearly 1,000 tiny…