Archive for the ‘Housing finance’ Category
Friday, February 27th, 2009
Yesterday Housing California announced that Senate President pro tem Darrell Steinberg has authored SB 500, a bill to create a dedicated state revenue source for affordable homes. This is a high-profile start to a campaign that has been a few years in the making -- since voters approved Prop. 1C, ...
Posted in Housing finance, News, State funding | No Comments »
Thursday, February 12th, 2009
This is straight from the House Appropriations Committee's press release of 2/12/09 about the American Recovery and Reinvestment Act of 2009:Infrastructure
$2.25 billion through HOME and the Low Income Housing Tax Credit program to fill financing gaps caused by the credit freeze and get stalled housing development projects moving
$1 billion for ...
Posted in Federal, Foreclosures, Housing finance, News | 1 Comment »
Wednesday, August 20th, 2008
The League of California Cities sent out an action alert, saying that a proposal is under serious consideration for the state to use local redevelopment funds in an effort to balance the budget. HLC believes this would be a shortsighted, ill-advised move. This is the alert from the League REDEVELOPMENT ...
Posted in Housing finance, News | No Comments »
Wednesday, July 23rd, 2008
This just in from the Non-Profit Housing Association of Northern California:The House of Representatives on July 23 overwhelmingly passed H.R. 3221, the Housing and Economic Recovery Act of 2008, which would establish a permanent affordable housing trust fund. By a vote of 272 to 152, the House agreed to a ...
Posted in Housing finance, Uncategorized | No Comments »
Friday, June 20th, 2008
This just in from the National Low-Income Housing Coalition:
Senate To Continue Action on Housing Bill on June 24
Amendments Likely, Stay TunedThanks to your action, by a strong bipartisan vote of 77-11, the U.S. Senate rejected an attempt to gut the dedicated revenue source for the National Housing Trust Fund. Senator ...
Posted in Events, Housing finance, News | No Comments »
Monday, March 24th, 2008
California voters approved the Prop. 1C housing bond measure in November 2006. The State of California's Housing and Community Development Department (HCD) is gradually rolling out funding. Details are available on their website at http://www.hcd.ca.gov/fa/bonds.html.
Today the Los Angeles Times reports that Southern California officials are feeling left out in the ...
Posted in Housing finance, News | No Comments »
