HCD Web News - June 29, 2012

  
Thanks!
Curtis D. Harris, BS, CGREA, REB
Bachelor of Science in Real Estate, CSULA
State Certified General Appraiser
Real Estate Broker
ASTM E-2018 Commercial Real Estate Inspector
HUD 203k Consultant
HUD/FHA Real Estate Appraiser/Reviewer
FannieMae REO ConsultantCTAC LEED CertificationThe Harris Company, Forensic Appraisers and Real Estate Consultants
*PIRS/Harris Company and the Science of Real Estate-Partners*630 North Sepulveda Boulevard, Suite 9A, Number 702
El Segundo, CA. 90245
310-337-1973 Office
310-251-3959 CellWebSite: http://www.harriscompanyrec.com Resume: http://www.harriscompanyrec.com/CURRICULUMVITAENAME2011a.pdfCommercial Appraiser Blog: http://harriscompanyrec.com/blog/ We Make a Simple Pledge to

Communicate, in a timely fashion, each appraisal, analysis, and opinion without bias or partiality

Abstain from behavior that is deleterious to our clients, the appraisal profession, and the public

Hold paramount the confidential nature of the appraiser/consultant - client relationship

and

Comply with the requirements of the Uniform Standards of Professional Appraisal Practice and the
Code of Professional Ethics of the National Society of Real Estate Appraisers
IT'S THE LAW- Statement 7: Prohibition Against Discrimination
State agencies should be aware that Title XI and the Agencies' regulations prohibit federally regulated financial institutions from excluding appraisers from consideration for an assignment by virtue of their membership, or lack of membership, in any appraisal organization. Federally regulated financial institutions should review the qualifications of appraisers to ensure that they are qualified for the assignment for which they are being considered. It is unacceptable to assume that an appraiser is qualified solely due to membership in, or designation from, an appraisal organization, or the lack thereof. The Agencies have determined that financial institutions' appraisal policies should not favor appraisers from one or more organizations or exclude individuals based on their lack of such membership. If a State agency learns that a certified or licensed appraiser allegedly has been a victim of such discrimination, the State agency should inform the Agency which has regulatory authority over the involved financial institution. INCLUDING THE APPRAISAL INSTITUTE-MAICONFIDENTIALITY/PRIVILEGE NOTICE: This transmission and any attachments are intended solely for the addressee. The information contained in this transmission is confidential in nature and protected from further use or disclosure under U.S. Pub. L. 106-102, 113 U.S. Stat. 1338 (1999), and may be subject to consultant/appraiser-client or other legal privilege. Your use or disclosure of this information for any purpose other than that intended by its transmittal is strictly prohibited and may subject you to fines and/or penalties under federal and state law. If you are not the intended recipient of this transmission, please destroy all copies received and confirm destruction to the sender via return transmittal
 
From: HCD Lists [mailto:[email protected]]
Sent: Friday, June 29, 2012 11:41 AM
To: Curtis D. Harris BS CGREA REB
Subject: HCD Web News - June 29, 2012

  June 29, 2012TODAY'S NEWS HOUSING DEVELOPMENTGLOBE ST.COM: AMCAL Breaks Ground on Affordable ComplexBy Natalie Dolce // TEMECULA, CA -- AMCAL Multi-Housing Inc. has broken ground for Portola Terrace in the Old Town Temecula neighborhood. ... A 100% affordable building, Portola Terrace will feature 45 total two-bedroom & three-bedroom units to families whose household income ranges between 50% and 60% of the area median income. HOUSING MARKETS / REAL ESTATEINMAN NEWS: Mortgage rates stay tanked: Purchase loan demand down slightly from a year ago[6/28/12] // Mortgage rates remained at all-time lows this week as worries about the European debt crisis persist, making bonds that fund most mortgages look like safe bets to investors. While the spring buying season brought buyers out in numbers and boosted prices in many markets, demand for purchase loans fell … MORTGAGE & FORECLOSURE ISSUESLOS ANGELES TIMES: EDITORIAL: Foreclosure fairness for CaliforniansIt's been five years since the housing bubble burst, but California lawmakers are finally poised to make lenders do something they should have been doing all along: evaluating less-expensive alternatives to foreclosure before starting the process of repossessing a home. SAN FRANCISCO CHRONICLE: Homeowner Bill of Rights plans move forwardBy Carolyn Said // On Wednesday, despite opposition from large banks and title companies, housing advocates moved a step closer to passing a Homeowner Bill of Rights that they say would help people like Bombola trying to stave off foreclosures. The most significant parts of the legislation passed out of a bipartisan conference committee in Sacramento, the final step before an expected vote by the full Senate and Assembly next week. THE BAY CITIZEN: Risk of foreclosure looms over 700,000 Californian'sBy Aaron Glantz // California’s housing crisis isn't over, with 11 percent of borrowers in the state at risk of foreclosure, according to a new report released this week by the nonprofit Center for Responsible Lending, a Washington-based think tank. COMMUNITY DEVELOPMENTNBC SAN DIEGO: Poway awarded $200K for park improvementsBy Monica Garske // The city of Poway will receive $200,850 for improvements to be made at Community Park, the California Department of Housing and Community Development announced Wednesday. Poway is one of 33 jurisdictions to be awarded grant money under the Department’s Housing-Related Parks Program. The program provides grants from Prop 1C funds and is specifically designed to benefit jurisdictions that assist in the development of affordable housing. SACRAMENTO BUSINESS JOURNAL: Cities, county get chunks of housing-related park grantsBy Sanford Nax // Three cities in the Sacramento metropolitan region and Sacramento County received portions of $11.3 million that state officials have targeted for the creation and renovation of housing-related parks and recreational facilities in 33 neighborhoods. The state Department of Housing and Community Development allocated $437,650 to Elk Grove, $434,875 to Sacramento, $203,200 to Sacramento County and $196,250 to Davis. TRANSPORTATION / TRANSIT-ORIENTED DEVELOPMENTAMERICA 2050: Two Reports: Benefits of California High-Speed Rail Outweigh CostsBy Matt Taylor // … Two independent reports have come out in support of the California High-Speed Rail Authority's revised business plan. The Bay Area Council Economic Institute's white paper "The Economic Impact of CalTrain Modernization" joins TransForm's "Moving Ahead with High Speed Rail" in highlighting the potential economic, environmental, and quality-of-life benefits …TRANSFORM CA: Moving Ahead With High Speed Rail (Executive Summary; 4 p.)http://transformca.org/files/executive_summary_document_june_20.pdfBAY AREA COUNCIL: Economic Impact of Caltrain Modernization (Report; 39 p.)http://www.bayareaeconomy.org/media/files/pdf/CaltrainModernizationImpactRpt11June2012.pdf POPULATION / CENSUSBUSINESS JOURNALS: California's population passes 38 million markBy G. Scott Thomas // California has passed another population milestone. America's largest state now has more than 38 million residents, according to the latest projections by On Numbers. No state in American history has ever been as large. ENVIRONMENT / CLIMATE CHANGESAN JOSE MERCURY NEWS: San Jose teams up with SolarCityBy Dana Hull // San Jose Mayor Chuck Reed has installed solar panels on his own home and has made renewable energy a key platform of his "Green Vision" for the city. Now the city is working with San Mateo-based SolarCity to install rooftop solar panels on 16 municipal buildings, with 14 additional sites under consideration. SACRAMENTO BEE: Rancho Cordova neighbors on solar energy's cutting edgeBy Mark Glover // More than 40 Sacramento Municipal Utility District household customers in the Anatolia community just east of Sunrise and Kiefer boulevards are participating in a two-year project to help the utility, the California Energy Commission and the U.S. Department of Energy better understand the best ways to use solar power. The nearly $6 million project includes $4.3 million in funding from the Energy Department under the American Recovery and Reinvestment Act and $500,000 from the Energy Commission. GOVERNMENT SITES: California Dept. of Finance – Governor’s Budget http://www.dof.ca.gov/Budget/Historical_Documents.asp California Dept. of Housing & Community Development - Press Releaseshttp://www.hcd.ca.gov/news/release/ California Dept. of Housing & Community Development – Housing Policy Development Bibliographieshttp://www.hcd.ca.gov/hpd/biblio.html California Dept. of Housing & Community Development – HCD Web Newshttp://www.hcd.ca.gov/hpd/news/index.html California Housing Financing Agencyhttp://www.calhfa.ca.gov/ California Tax Credit Allocation Committeehttp://www.treasurer.ca.gov/ctcac/ California Debt Limit Allocation Committeehttp://www.treasurer.ca.gov/cdlac/ HUD Newsroomhttp://www.hud.gov/news/ HUD Sustainable Communities Resource Centerhttp://www.huduser.org/portal/sustainability/home.html Federal Register, Table of Contents http://www.gpo.gov/fdsys/search/getfrtoc.action  U.S. Census Bureauhttp://www.census.gov/main/ Fannie Mae Foundation- KnowledgePlexhttp://www.knowledgeplex.org/ California Supreme Court Decisions / California Courts of Appeal Decisions (last 120 days are posted in full text)http://www.courtinfo.ca.gov/opinions/ COVERAGE INFORMATION: California Department of Housing & Community Development WEB NEWS service coverage: Mondays, Wednesdays and Fridays each week includes electronic format articles retrieved from newspapers or news services that report housing and community development news in California and some national services. Coverage is for California newspapers that are available electronically via the Internet – and any significant related breaking news. (C) Copyright 2012, California Department of Housing & Community Development, Division of Housing Policy DevelopmentLinks to web sites do not constitute an endorsement from The California Department of Housing and Community Development. These links are provided as an information service only. It is the responsibility of the user to evaluate the content and usefulness of information obtained from these sites. HCD does not provide full text articles – user must access expired articles via newspaper archives online or local public library. --------------------------------------------------------------------------------This email was sent to [email protected] by the California Department of Housing and Community Development
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