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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
A collaboration between the California Housing Finance Agency, local and federal partners, nonprofit developer BRIDGE Housing Corporation and other contributors has resulted in a sparkling renovation of Ocean View Senior Apartments in the Bay Area community of Pacifica
Rep. Susan Davis: Earth Day takes on new significance with Environmental Protections Being Rolled...
Congresswoman Susan Davis (D-San Diego), a member of the Sustainable Energy & Environment Coalition, released the following statement for Earth Day 2017.
The following is an update from the Department of Water Resources (DWR) on construction-related activities on the Oroville Spillway Recovery project. DWR is committed to informing the surrounding communities and the general public about the work being done to repair the damaged spillway and related impacts to roads, recreation, public access and surrounding infrastructure.
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
Building on his recent actions to protect federal energy efficiency standards, California Attorney General Xavier Becerra, with the California Energy Commission and six Attorneys General, filed a motion late yesterday to intervene in a lawsuit in order to defend energy saving light bulb regulations. In March, the National Electrical Manufacturers Association (NEMA) filed a lawsuit against the U.S. Department of Energy (DOE) challenging energy efficiency regulations for lamps (light bulbs).
Real Estate Business Services® Inc. (REBS®), a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.), through its C.A.R. Business Products division, has signed a partnership with 3D home tour provider immoviewer, to help REALTORS® easily create virtual property tours and boost their business
Democratic Leader Nancy Pelosi joined San Francisco Mayor Ed Lee, Board of Supervisors President London Breed, Supervisor Malia Cohen and community leaders to honor the newly opened Hunters View Community Housing. Below is a transcript of the Leader’s remarks
The U.S. Bureau of Reclamation announced an update to the 2017 water allocation for San Joaquin Valley agricultural service contractors who receive water through the Central Valley Project (CVP).
Congressman Sherman Introduces Legislation to Provide Consumer Protections to Homeowners that ‘Go Green’
Congressman Brad Sherman, a senior member of the Financial Services Committee, joined Senator Tom Cotton (R-AR) and Congressman Ed Royce (R-CA) in introducing legislation to increase transparency for homeowners who take out loans to make environmentally-focused home improvements
The Department of Water Resources (DWR) today awarded a contract to Kiewit Infrastructure West Co., for repair work on Oroville Dam’s spillways. Repairs are scheduled to begin immediately to have the system operational by November 1, the traditional start of the winter rainy season.
Each year in April, REALTORS®® join the U.S. Department of Housing and Urban Development (HUD), the California Department of Fair Employment and Housing, and rest of the nation in recognizing April as Fair Housing Month. On April 11, 1968, 49 years ago, President Lyndon Johnson signed the landmark U.S. Fair Housing Act, Title VII of the Civil Right Act of 1968, which strives to ensure equal housing opportunity for all and prohibits housing discrimination based on race, color, national origin, religion, sex, disability, and family status.
An Orange County, California man was sentenced today in U.S. District Court in Santa Ana, California to serve 109 months in prison including the last 12 months in a halfway house for his role as the owner and operator of a multi-million dollar fraudulent mortgage modification scheme that posed as a successful law firm, the Justice Department announced.
A federal court in Helena, Montana permanently barred Ron Broyles of San Rafael, California from preparing - or assisting others in preparing - any property appraisal that will be used in connection with federal taxes, the Justice Department announced. Based upon evidence the government submitted to the Court in support of a request to bar Broyles, the Court found that Broyles assisted in the organization of a timeshare donation scheme, directly participated in and promoted that scheme, which resulted in timeshare owners claiming improper federal tax deductions for donating their timeshares
A Northern California real estate investor was sentenced yesterday for his role in a conspiracy to rig bids at public real estate foreclosure auctions in Northern California, the Department of Justice announced.
U.S. Representatives Ed Royce (R-Calif.) and Earl Blumenauer (D-Ore.) introduced H.R. 1558, the Repeatedly Flooded Communities Preparation Act. The bill aims to limit the financial resources expended by the National Flood Insurance Program (NFIP) on claims for properties flooded multiple times
U.S. Representative Ed Royce (R-Calif.) questioned expert witnesses about his proposal to help local communities mitigate flood risk and ways to increase transparency in flood insurance coverage for homeowners during a Housing and Insurance Subcommittee hearing entitled “Flood Insurance Reform: A Community Perspective."
Rep. Pete Aguilar issued a statement in response to President Donald Trump’s “skinny budget,” which outlines the priorities of the federal budget for Fiscal Year 2018. The president’s proposal would gut funding for critical federal programs affecting San Bernardino County residents, such as affordable housing, after school and summer programs, work-study aid, and transportation and infrastructure projects including the Redlands Passenger Rail, which is funded through the TIGER grant program
Rep. Grace F. Napolitano (D-El Monte) rejected President Donald Trump’s budget proposal for fiscal year 2018, issuing the following statement: “In gutting the EPA and firing over 3,000 employees who work to remove toxins from our air, ground, and water, President Trump is risking the health of the public and our planet.
America’s colleges and universities are positioned to lead the transition to 100 percent renewable energy, according to a report released today by UCLA CALPIRG Students. The report stresses that a complete shift to clean, renewable energy is the best way for colleges and universities to achieve their carbon reduction goals and highlights schools across the country that are taking measures to make the transition to renewable energy