California RealEstateRama
Kennedy Wilson Sells Norwalk, CA Apartment Community
NORWALK, CA - December 23, 2008 - (RealEstateRama) — Following its carefully constructed three-year asset disposition plan, Kennedy Wilson Multifamily Management Group (KW Multifamily) has sold The Courtyards, a 153-unit apartment community at 12401 Studebaker Road in Norwalk, CA. KW Multifamily is a division of the Beverly Hills-based international real estate services and investment company Kennedy Wilson.
California Approves a Plan to Reduce Greenhouse Gas Emissions
December 22, 2008 - (RealEstateRama) — The California Air Resources Board (CARB) approved a plan on December 11 to reduce the state's greenhouse gas emissions to 1990 levels by 2020. The climate change "scoping plan" is a central requirement of AB32, the Global Warming Solutions Act of 2006, which was signed into law in September of that year.
Volunteers Needed to Count the City’s Homeless Population in January 2009
Long Beach, CA - December 19, 2008 - (RealEstateRama) — The Long Beach Department of Health and Human Services (Health Department) is recruiting volunteers to help conduct the City's fourth biannual homeless count, set for January 29, 2009.
CPUC Sets Utility Budgets for Low Income Energy Programs
SAN FRANCISCO, CA - November 13, 2008 - (RealEstateRama) — The California Public Utilities Commission (CPUC) today approved energy related low income program budgets totaling approximately $3.6 billion for 2009-11 for Pacific Gas and Electric Company, San Diego Gas and Electric Company, Southern California Edison, and Southern California Gas Company.
Affordable Housing Opportunities on Long Beach Boulevard
Long Beach, CA - November 11, 2008 - (RealEstateRama) — The City of Long Beach, through its nonprofit Long Beach Housing Development Company, is moving forward with plans to acquire the final property for the development of a new affordable housing development in the 1900 block of Long Beach Boulevard. This is immediately adjacent to the newly constructed Olive Villas mixed-income community, another affordable housing development created this past year by the City.
Congresswoman Maxine Waters Criticizes Hedge Funds for Opposing Loan Modifications to Prevent Foreclosures
Washington, DC - November 03, 2008 - (RealEstateRama) — Congresswoman Maxine Waters (D-CA), Chairwoman of the Housing and Community Opportunity and a leading advocate for homeowners, today renewed her efforts to encourage loan modifications to prevent foreclosures.
Senator Feinstein Expresses Support for More Robust Federal Efforts to Prevent Home Foreclosures
Washington, DC - October 31, 2008 - (RealEstateRama) — U.S. Senator Dianne Feinstein (D-Calif.) today expressed strong support for efforts by Federal Deposit Insurance Corporation (FDIC) Chairman Sheila C. Bair to prevent home foreclosures by expanding federal loan guarantees and expediting procedures for mortgage workout agreements.
Boxer Calls for Major Infrastructure Investment to Create Jobs, Boost Economic Recovery
San Francisco, CA - October 30, 2008 - (RealEstateRama) — U.S. Senator Barbara Boxer (D-CA), Chairman of the Senate Committee on Environment and Public Works, held a press conference today to call for major investments in America’s infrastructure to create jobs and restore the economy. Prepared text of her remarks follows.
Gov. Schwarzenegger Highlights Subprime Mortgage Agreement’s Progress in Preventing Foreclosures
October 30, 2008 - (RealEstateRama) — Governor Arnold Schwarzenegger today issued the following statement regarding the third quarter of 2008 mortgage servicer survey results. The latest data, released by the Department of Corporations who tracks and reports loan modification statistics, shows continued success for the Governor's Subprime Mortgage Agreement from November 2007 to the present time.
Foreclosure Activity Decreases 12 Percent in September According to RealtyTrac(R) U.S. Foreclosure Market Report
Third Quarter Activity Up 3 Percent From Q2 2008, Up 71 Percent From Q3 2007 New State Laws In California, Other States Impact Numbers
Snowe, Feinstein Tax Credit to Improve Energy Efficiency, Save Money and Reduce Pollution
WASHINGTON D.C. - October 20, 2008 - (RealEstateRama) — The Natural Resources Defense Council released a report last week applauding the Congressional passage of significant tax credit provisions introduced by U.S. Senators Olympia J. Snowe (R-Maine) and Dianne Feinstein (D-Calif.) within the Emergency Economic Stabilization Act of 2008 that will encourage energy efficient technology and construction.
Landlord pays for failing to disclose lead-based paint at Sacramento rental properties Property owner...
SAN FRANCISCO, CA - October 08, 2008 - (RealEstateRama) — The U.S. Environmental Protection Agency has fined a San Francisco-based property owner $25,410 for alleged violations of federal lead-based paint disclosure requirements at eight rental properties in Sacramento, California.
Attorney General Brown Announces Landmark $8.68 Billion Settlement with Countrywide
October 06, 2008 - (RealEstateRama) — Attorney General Edmund G. Brown Jr. today announced a landmark, multi-state settlement with Countrywide Home Loans, Countrywide Financial Corporation and Full Spectrum Lending that is expected to provide up to $8.68 billion of home loan and foreclosure relief nationally, including $3.5 billion to California borrowers.
Gov. Schwarzenegger Continues Commitment to Expand Charter Schools in California
"Funding and having access to affordable and adequate school facilities are some of the greatest challenges facing charter schools and their operators," said Governor Schwarzenegger. "The measures I signed today will help reduce these burdens and expand opportunities for charter schools to open in California."
CALIFORNIA ADOPTS GROUNDBREAKING LONG TERM ENERGY EFFICIENCY STRATEGIC PLAN AS ROADMAP TO ACHIEVE MAXIMUM...
SAN FRANCISCO, CA - September 25, 2008 - (RealEstateRama) —The California Public Utilities Commission (CPUC) today adopted California's first Long Term Energy Efficiency Strategic Plan, presenting a single roadmap to achieve maximum energy savings across all major groups and sectors in California.
Statement of U.S. Senator Barbara Boxer on Financial Rescue Plan
September 23, 2008 - (RealEstateRama) — We all agree that the government needs to act swiftly to prevent this crisis from further escalating, but we also need to ensure that as we act, we do no repeat the mistakes of the past—lax oversight by federal agencies and commissions and a continued disdain by this Administration for congressional oversight.
Senator Feinstein Seeks Major Grant Assistance for Stockton, Other California Communities Hit Hard by...
Washington, DC - September 16, 2008 - (RealEstateRama) — U.S. Senator Dianne Feinstein (D-Calif.) is urging the U.S. Department of Housing and Urban Development to ensure that Stockton and other California cities and counties hit hard by foreclosures receive substantial financial assistance to combat blight.
Existing Home Sales Up 41.6 Percent In July, Says California Desert Association of REALTORS
PALM DESERT, CA - September 9, 2008 - (RealEstateRama) — Coachella Valley existing home sales jumped significantly in July with a 41.6 percent increase over July 2007 sales, although the median price dropped homes declined 36.7 percent over July 2007, the California Desert Association of REALTORS® reported today.
Pacific Gas and Electric Company Signs Contracts for 800 Megawatts of Solar Photovoltaic Power
CA - September 2, 2008 - (RealEstateRama) — California's Pacific Gas and Electric Company (PG&E) has signed contracts for two of the most ambitious solar photovoltaic projects in the world: a 550-megawatt (MW) "solar farm" and a 250-MW "solar ranch," both of which will be located in San Luis Obispo County.
Tucson Association of REALTORS MLS Provides Access to Clarus MarketMetrics
LOS ANGELES, CA - August 29, 2008 - (RealEstateRama) — Real Estate Business Services Inc. (REBS) and the Tucson Association of REALTORS® MLS (TAR MLS) today announced that TAR MLS has signed an agreement to provide its members access to Clarus™ MarketMetrics