Commercial Appraiser
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Commercial Appraiser
From: Department of Housing & Community Development
Sent: Friday, September 30, 2016 1:25 PM
To: [email protected]
Subject: HCD Web News - September 30, 2016
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September 30, 2016
TODAY'S NEWS
AFFORDABLE HOUSING
Santa Monica Lookout: Santa Monica Program to Help Poor and Elderly with Rent Halted Before Starting
By Niki Cervantes [9-28-16] // A last-chance effort primarily aimed at saving Santa Monica's elderly and poor tenants from eviction because they can't made the rent has stalled before it could start, after the City learned that need far outstripped funding.
Los Angeles Times: Measure JJJ Could Make L.A.'s Housing Crisis Even Worse. Vote No.
By Editorial Board [9-27-16] // Measure JJJ on the November ballot purports to offer solutions to two of Los Angeles' most challenging problems: How to create more affordable housing for the city's poorest residents, and how to increase the number of good-paying jobs. Sounds like a slam dunk, right?
HOUSING DEVELOPMENT
Orange County Register: 50-unit Housing Complex for Vets Could Open in 2019
By Denisse Salazar [9-28-16] // A proposed housing project for homeless veterans could break ground next year in east Placentia. Colorado-based nonprofit Mercy Housing would develop the 50-unit Placentia Veterans Village, which would be the county's largest permanent housing development for homeless veterans, providing resources such as job training, Veterans Affairs services and financial literacy courses.
LAND USE / PLANNING / REGULATION
ABC News: CA Governor Signs Bill to Use Surplus Land Owned by Schools as Housing for Teachers
By Lyanne Melendez [9-28-16] // There's good news for California teachers: the governor signed a bill that will allow school districts to use any surplus property to build affordable housing for teachers and some staff.
National Law Review: California Governor Signs Four Bills Affecting Density Bonus Projects
By David H. Blackwell and Timothy Hutter [9-30-16] // On September 28, 2016, Governor Brown signed new legislation relating to the construction of affordable and market-rate housing. Although AB 2501 has drawn the most attention from commentators and the media, AB 2442 and AB 2556 also amend Government Code section 65915, and AB 1934 adds section 65915.7 to the State Density Bonus Law (or "DBL").
CityLab: Is Sustainability a Dodge for Housing in the Bay Area?
By Kriston Capps [9-29-16] // Leaders in Brisbane, California, want to prioritize sustainability-and exclude homes-in a massive new development just outside San Francisco.
HOUSING MARKETS / REAL ESTATE
PR Newswire: California Association of Realtors Releases Its 2017 California Housing Market Forecast
[9-29-16] // Following a dip in home sales in 2016, California's housing market will post a nominal increase in 2017, as supply shortages and affordability constraints hamper market activity, according to the "2017 California Housing Market Forecast," released today by the CALIFORNIA ASSOCIATION OF REALTORS®' (C.A.R.).
GlobeSt: Home Prices Outpace Wage Growth
By Paul Bubny [9-29-16] // Home prices in 89% of 414 US counties rose faster than wages in the third quarter, ATTOM Data Solutions said Thursday. Twenty-four percent of US county housing markets were less affordable than their historic averages in Q3, according to ATTOM's Q3 2016 Home Affordability Index.
MORTGAGE & FORECLOSURE ISSUES
Los Angeles Times: California Gov. Jerry Brown Signs a Bill that Boosts Protection for Surviving Spouses against Foreclosure
By Andrew Khouri [9-29-16] // California Gov. Jerry Brown on Thursday signed a bill that's designed to give widows and widowers a better shot at saving their homes when they fall behind on mortgage payments.
HOMELESSNESS
The Herald: Fresno, California, Group Helps Former Homeless Turn Apartments into Homes
By Carmen George [9-29-16] // Two years ago, a group of churchgoers arrived at the apartment of a former homeless woman they helped find housing and found her asleep on the floor in a bare room.
Orange County Register: Santa Ana Homeless Shelter with Beds, Showers, Meals, Services May Open Oct. 6
By Jordan Graham [9-27-16] // Orange County moved a step closer to opening a 230- to 300-bed homeless shelter in the Santa Ana Civic Center by Oct. 6 after the Board of Supervisors on Tuesday unanimously approved $1.7 million in contracts to operate the facility, which will be named The Courtyard. The decision comes a day after a county Health Care Agency survey found that 15 percent of the Civic Center's homeless population - tallied at 461 last month - has lived there for six or more years and that an increasing number of the homeless there now report having substance abuse problems.
SFGate: 100-year-old SF Woman Granted 11th Eviction Reprieve
By Sarah Ravani [9-28-16] // A 100-year-old San Francisco woman staved off eviction for at least another week when a judge granted her eleventh request for a stay since March, giving her lawyer more time to come up with a plan to keep her in her home for the remainder of her life.
ECONOMY / EMPLOYMENT
GlobeSt: California Outpaces Most US States, Says Economic Report
By Natalie Dolce [9-28-16] // Despite a slow start of 2016, a new economic forecast for California and the Inland Empire takes a relatively optimistic tone, with both the state and region outperforming the nation over the next year or more. The reason behind the outlook's optimism, say the authors, is that the headwinds facing these economies are coming largely from external rather than internal sources. "Problems abroad have slowed US exports and hurt commodity industries, leading to a modest decline in business investment, but steady consumer demand has more than offset that drop," says Christopher Thornberg, one of the forecast authors.
NATIONAL HOUSING NEWS
Bloomberg: The Fed Is Worried about Rent
By Patrick Clark [9-30-16] // When you think of the Fed, you think of Janet Yellen, or monetary policy, or the interest rate on your mortgage. Can we interest you in a little affordable housing? Patrick Harker interested us. The president of the Federal Reserve Bank of Philadelphia announced last week the launch of a new research initiative on how poverty affects the economy. The subject, Harker said, is important from a moral perspective, but also because investments to alleviate poverty can generate returns elsewhere in the economy.
DEMOGRAPHICS / QUALITY OF LIFE
The Nation's Health: Healthy, Safe Housing Linked to Healthier, Longer Lives: Housing a Social Determinant of Health
By Lindsey Wahowiak [10-2016] // Home is where the heart is. And, for too many Americans, where the health risks are. Americans spend about 90 percent of their time indoors - two-thirds of that in their own homes.
The Nation: 6.8 Million Teenagers Are Food-Insecure
By Michelle Chen [9-28-16] // a teenager's everyday life should be concerned with first crushes, final exams, and new friends at school, not whether they'll get to eat today. But for some, their most vital years of youth are a time of gnawing hunger.
ENVIRONMENT / CLIMATE CHANGE
Washington Post: California Governor Backs Rules on Cow, Landfill Emissions
By Jonathan J. Cooper (AP) [9-19-16] // California will begin regulating greenhouse-gas emissions tied to dairy cows and landfills under legislation signed Monday by Gov. Jerry Brown, escalating state efforts to fight climate change beyond carbon-based gases to include methane and other pollutants.
COVERAGE INFORMATION:
California Department of Housing & Community Development WEB NEWS service coverage:
Monday, Wednesday, and Friday 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 2016, California Department of Housing & Community Development
Links 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.
Copyright © 2015 California Department of Housing and Community Development
[email protected] | hcd.ca.gov | (916) 263-7400
2020 W. El Camino Avenue, Sacramento, CA 95833
Department of Housing & Community Development, 2020 W. El Camino Ave., Sacramento, CA 95833
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