Housing & Development

Housing & Development
Congressman Ed Royce

Reps. Royce, Sinema, and Sewell Push for Credit Score Competition

U.S. Representatives Ed Royce (R-CA), Kyrsten Sinema (D-AZ), and Terri Sewell (D-AL) introduced H.R. 898, the Credit Score Competition Act. The bill enables Fannie Mae and Freddie Mac to consider alternative credit scoring models when making mortgage purchasing decisions.

Sherman Introduces Legislation to Prohibit Homebuyer Tax

Congressman Brad Sherman, a senior member of the House Financial Services Committee, joined Congressman Mark Sanford (R-SC) in introducing legislation that would permanently prohibit the use of guarantee fees (g-fees) as a budget offset

Northern California Man Convicted of Rigging Bids at Public Foreclosure Auctions

A federal jury convicted Thomas Joyce for his role in a conspiracy to rig bids at public real estate foreclosure auctions held in Contra Costa County, California, the Department of Justice announced today.

Rep. Vargas Introduces the “Imperial Valley Desert Conservation and Recreation Act”

Congressman Juan Vargas (CA-51) introduced the Imperial Valley Desert Conservation and Recreation Act (H.R. 827). This bill designates and transfers land in order to protect key habitats and creates new recreational areas including permitting motorized recreation on designated routes.
Congressman Ed Royce

Chairman Royce Statement on Chao DOT Confirmation

U.S. Representative Ed Royce (R-Calif.), Chairman of the House Foreign Affairs Committee, released the following statement regarding the confirmation of Elaine Chao as the 18th United States Secretary of Transportation

California State Historical Resources Commission to Consider 10 Properties for Action

The California State Historical Resources Commission (Commission) will consider 10 nominations for federal historic designation Friday, February 3. The Commission meeting will be held at 9 a.m. in the Justice Anthony M. Kennedy Library and Learning Center in the Robert T. Matsui Federal Courthouse, located at 501 I Street, Suite 1-400, Sacramento
Congressman John Garamendi

Congressman Garamendi Meets with Local Leaders in Yuba-Sutter for Far Ranging Conversation on Regional...

Congressman John Garamendi (D-Fairfield, Davis, Yuba City, CA) met with public officials in the Yuba-Sutter region to discuss many important issues facing the community. The discussion focused on generating economic development at the local and federal levels, improving local transportation and water infrastructure, and preserving and enhancing the missions at Beale Air Force Base, protecting public safety and address the homelessness crisis.

Congressman Lowenthal Renamed as Ranking Member of Energy and Mineral Resources Subcommittee

Congressman Alan Lowenthal on January 24 was renamed ranking minority member of the House Natural Resources Committee's Subcommittee on Energy and Mineral Resources (EMR), which oversees American energy production and mining on federal lands – both onshore and offshore. This will be Congressman Lowenthal’s second Congressional term as ranking member on EMR
Congressman Ed Royce

Royce Assigned to Subcommittees on Financial Institutions, Consumer Credit, GSEs, and Insurance

U.S. Representative Ed Royce (R-Calif.) released the following statement after being assigned to the Financial Institutions and Consumer Credit Subcommittee and the Housing and Insurance Subcommittee by House Financial Services Committee Chairman Jeb Hensarling (R-Texas) for the 115th Congress

NAPOLITANO REELECTED RANKING MEMBER OF WATER RESOURCES SUBCOMMITTEE, ANNOUNCES COMMITTEE ASSIGNMENTS FOR 115TH CONGRESS

Rep. Grace F. Napolitano proudly announced her reelection to serve as the Ranking Democratic Member of the House Transportation and Infrastructure Subcommittee on Water Resources and Environment and the rest of her committee assignments for the 115th Congress

Rep. Bass Condemns Trump’s Executive Actions that Roll Back Environmental Protections, Advance the Dakota...

Rep. Karen Bass (D-Calif.) released the following statement on President Trump’s decision to sign an executive order to advance the Dakota Access and Keystone XL Pipelines, while freezing grants and contracts at the Environmental Protection Agency

California REALTORS® call on HUD and new Administration to make reinstatement of FHA insurance...

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the announcement by the U.S. Department of Housing and Urban Development (HUD) that the Federal Housing Administration (FHA) will indefinitely suspend a recently announced cut in its annual mortgage insurance premium

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.

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Northern California Real Estate Investor Convicted of Rigging Bids at Public...

A federal jury convicted real estate investor Glenn Guillory for his role in a conspiracy to rig bids at public foreclosure auctions held in Contra Costa County, California, the Department of Justice announced today

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Homebuyers Can Now Use Income from ADUs to Help Qualify for...

The California Housing Finance Agency has revised its guidelines so first-time homebuyers may apply rental income from an Accessory Dwelling Unit (ADU) toward loan qualification. This update follows the guidelines of Fannie Mae and the Federal Housing Administration and will take effect on May 1, 2017