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California home price ends year on high note while sales moderate in December; housing...

Despite strong headwinds of tight housing supplies and an affordability squeeze throughout much of 2016, California’s housing market ended the year on a positive note, posting a moderate sales pace and home price increases in December, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today
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New Owners Unveil Revitalization Plan for East Hills Mall in Bakersfield, Calif.

Local developers C & C Properties, Inc. and MarkChris Investments announced their plans for the revitalization of East Hills Mall in Bakersfield, Calif. The vision is to transform the enclosed mall into an exciting, destination open-air lifestyle center offering a collection of restaurants, shopping and entertainment in 350,000 square feet. A new, state-of-the-art, movie theater complex will serve as the centerpiece of the new development.

Reps. Huffman and Rohrabacher Introduce Bipartisan Legislation To Ease Tax Burden on Homeowners Making...

Congressmen Jared Huffman (D-San Rafael) and Dana Rohrabacher (R-Costa Mesa) led a bipartisan group of 5 members of Congress in reintroducing the Water Conservation Rebate Tax Parity Act today, legislation to amend Federal tax law to clarify that homeowners do not need to pay income tax when they receive rebates from water utilities for water conservation and water runoff management improvements that they have made

AGUILAR ASSIGNED TO HOUSE APPROPRIATIONS SUBCOMMITTEES

Rep. Pete Aguilar was assigned to the Appropriations Subcommittee on Energy, Water Development, and Related Agencies and the Subcommittee on Transportation, Housing and Urban Development, and Related Agencies on the powerful House Appropriations Committee

Water Scarce to Recharge Groundwater Basins, New Report Shows

A first-of-its-kind analysis of California’s water resources shows that bringing local groundwater basins into sustainable balance -- as state law demands – will require investments and innovations in integrated water management including conservation, storm water capture, recycling, desalination, water transfers, diversion, conveyance and storage.

FOIA Request Seeks Data on Reverse Mortgage Foreclosures at Steve Mnuchin’s Former Bank

Earlier today, two nonprofit groups submitted a Freedom of Information Act (FOIA) request about reverse mortgage foreclosures conducted against seniors by Financial Freedom, a reverse mortgage servicer previously owned by Steven Mnuchin, who has been nominated for the United States Treasury Secretary position by President Elect Trump.

Rep. Calvert Reintroduces the REBUILD Act

Congressman Ken Calvert (CA-42) reintroduced the Reducing Environmental Barriers to Unified Infrastructure and Land Development (REBUILD) Act, H.R. 481. The legislation would cut red tape and reduce costs for infrastructure projects.

Congressman Mark DeSaulnier To Serve On Transportation and Infrastructure Committee

Congressman Mark DeSaulnier (CA-11) announced that he has been appointed to the House Committee on Transportation and Infrastructure in the 115th Congress. In addition, he will continue to serve on the House Education and Workforce Committee.

Rep. Peters Named to Influential Energy and Commerce Committee for 115th Congress

U.S. Congressman Scott Peters (CA-52) was selected by his Democratic colleagues to serve on the House Energy and Commerce Committee during the 115th Congress. The committee has jurisdiction over legislation and regulation pertaining to energy and the environment, healthcare, telecommunications, and interstate commerce, making it one of the most influential policy-making bodies in Congress.

Rep. Denham Re-Introduces “New WATER Act,” Requests Local Authorities to Increase Capture of Storm...

U.S. Representative Jeff Denham (R-Turlock) today re-introduced H.R. 434, the “New Water Available To Every Reclamation State Act” (New WATER Act) to authorize a pilot project to help finance development of water resources infrastructure in reclamation states, such as California.

115th Congress Subcommittee Assignments Released

Chairman of the House Appropriations Committee, Rodney Frelinghuysen announced subcommittee memberships for the 115th Congress. U.S. Congressman David G. Valadao (CA-21) will serve on the Agriculture Subcommittee, the Military Construction and Veteran Affairs Subcommittee, as well as the Transportation, Housing, and Urban Development Subcommittee

Congressman Lowenthal Named To House Committee on Transportation and Infrastructure

Congressman Alan Lowenthal (CA-47) today was named as a new member of the House Committee on Transportation and Infrastructure (T&I) for the 115th Congress. “I am honored to represent not only my district and state, but all Americans as a new member on the T&I Committee,” Congressman Lowenthal said. “From bridges to airports, from ports to mass transit, our nation’s transportation infrastructure is the nervous system of a healthy economy.

Eshoo Legislation to Increase Energy Efficiency Passes House

Reps. Anna Eshoo (D-CA) and Adam Kinzinger’s (R-IL) legislation to in crease efficiency of federal data centers passed the House by a unanimous voice vote. The legislation, the Energy Efficient Government Technology Act (H.R. 306), directs the Executive branch to harness information and communications technologies to improve energy efficiency and reduce energy use within the federal government

Bipartisan Legislation Introduced to Free Up Credit Union Lending

U.S. Representatives Ed Royce (R-Calif.), Jared Huffman (D-Calif.), Don Young (R-Alaska), and Peter DeFazio (D-Ore.) introduced H.R. 389, the Credit Union Residential Loan Parity Act. The bill ensures that loans to finance the purchase of small apartment buildings from both credit unions and banks are considered residential real estate loans:
2626 Hanover

Meridian Completes $4 Million Repositioning of 12,500 SF General Office Building in Palo Alto,...

Meridian, a full-service real estate developer and owner of general and medical office real estate, is pleased to announce that it has completed the repositioning of a 12,500-square-foot single-tenant office building located in Santa Clara County at 2626 Hanover Street in Palo Alto, Calif. The building is located in the Stanford Research Park.
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KTGY-Designed Artisan Alley Wins Approval from City Council and Planning Commission

International award-winning KTGY Architecture + Planning announced today that Orange County-based Civic Partners, the developer of Artisan Alley at The Diamond, a unique retail development located in western Riverside County in the City of Lake Elsinore, Calif., designed by KTGY, recently received approval from the city council and planning commission.

Federal Analysis Downplays Fracking’s Threats to Public Land in California

Three years after a federal judge rebuked the Bureau of Land Management for ignoring the risks of hydraulic fracturing in California, the agency today issued a revised draft “environmental impact statement” that still fails to carefully evaluate fracking pollution's threats to public land along the state’s Central Coast.

Ruiz Appointed to Prestigious House Energy and Commerce Committee

Representative Raul Ruiz, M.D. (CA-36) announced that he was appointed to the prestigious House Energy and Commerce Committee, an exclusive committee that deals with a wide range of that will be front and center in the coming months, including health care and energy policy. Dr. Ruiz will be the only Democratic physician on the committee

REP. LIEU STATEMENT ON DEPT. OF VETERANS AFFAIRS PUSH TO HOUSE HOMELESS VETERAN HEROES

Congressman Ted W. Lieu (D | Los Angeles County) issued the following statement after VA Secretary Robert A. McDonald announced a concentrated 30-day effort by VA staff and partners to house as many homeless Veterans in their communities as possible

LaMalfa Blasts Order from the Secretary of Interior to Cut California’s Water Supply

Congressman Doug LaMalfa (R-Richvale) issued the following statement after U.S. Secretary of Interior Sally Jewell issued a Secretarial Order instructing the Bureau of Reclamation (BOR) and the U.S. Fish & Wildlife Service (FWS) to release 250,000 acre-feet of water per year from California reservoirs to address the endangered Delta smelt population. This proposal would significantly cut Californians’ access to water stored in Lake Shasta and would negatively impact many families and farmers around the state

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Preliminary Site

New Owners Unveil Revitalization Plan for East Hills Mall in Bakersfield,...

Local developers C & C Properties, Inc. and MarkChris Investments announced their plans for the revitalization of East Hills Mall in Bakersfield, Calif. The vision is to transform the enclosed mall into an exciting, destination open-air lifestyle center offering a collection of restaurants, shopping and entertainment in 350,000 square feet. A new, state-of-the-art, movie theater complex will serve as the centerpiece of the new development.

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California home price ends year on high note while sales moderate...

Despite strong headwinds of tight housing supplies and an affordability squeeze throughout much of 2016, California’s housing market ended the year on a positive note, posting a moderate sales pace and home price increases in December, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

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House Passes Rep. Peters’ Amendment to Increase Infrastructure Resiliency

Last night, the House passed U.S. Congressman Scott Peters’ (CA-52) amendment to the Water Resources Development Act that gives the Army Corps of Engineers the resources to evaluate the structural health of its current infrastructure and construction projects. By using structural health monitoring, the Army Corps can increase the resiliency of potentially vulnerable infrastructure before a disaster strikes, and be able to more quickly evaluate damage after a disaster. Bahamas Real Estate