Yearly Archives: 2015

NAI Capital expands its presence in Southern California opening a new office at Sunset Business Park, 13911 Park Avenue, Victorville, Calif. CEO Tim Foutz announced he has hired Victorville market leaders Mehdi Mostaedi, Graeme Carr and Emelie Kwon to open the new office.

Nearly 700 low-income and homeless veterans and their families will benefit from affordable housing opportunities announced today by three state agencies. Seventeen projects throughout California will receive funding through Proposition 41 and the Veterans Housing and Homeless Prevention Program (VHHP)

The Town of Mammoth Lakes now has funds through the Community Development Block Grant Program (CDBG) available for the rehabilitation of units within the town limits. Both owner-occupants and investors may be eligible.

Todd Renfrew, broker and owner of California Outdoor Properties, represented both the buyer and seller in the sale of Greenwood Creek Ranch. The ranch is one of the few large Sierra Foothill ranches left in El Dorado County and with 553 acres of land, there is plenty of room to roam. Ranch style home, two large shops, hay barn, shop, caretaker residence, year round creek, pond, and six fenced pastures for livestock make it the perfect getaway.

Todd Renfrew, broker and owner of California Outdoor Properties, represented the both sides of the transaction in the sale of Alder Creek Ocean Ranch for $3,500,000. This 266 acre ranch is located in Mendocino County about 2.4 miles north of the town of Manchester, CA and 8 miles north of Pt. Arena, CA. The scenic drive through the redwoods and wine country takes about three hours from the San Francisco Bay Area.

deasy/penner & partners, the Southern California-based residential real estate firm, is pleased to announce the launch of plumBid, an accelerated online marketing and sales platform that utilizes a descending Dutch bidding methodology, rather than an ascending auction format to sell exceptional properties to a global audience—a potentially game-changing approach to the buying and selling of luxury homes

U.S. Rep. Mike Thompson (CA-5), co-chair of the Invasive Species Caucus, and Scott De Leon, Director of the Lake County Water Resources Department were honored last week in Washington, D.C. at the second annual Reduce Risks from Invasive Species Coalition (RRISC) Congressional Reception and Awards Program. Thompson, along with co-chair Dan Benishek (R-MI), received the “Outstanding Leadership by an Election Official in Protecting America’s Environment and Economy” award. De Leon received the “Outstanding Achievement by a Local Government Agency” award.

California’s four-year drought has reduced the amount of water flowing through the State Water Project and into bodies of water along the project, including reservoirs and lakes frequented by the public. As a consequence, a large algal bloom has developed in Pyramid Lake, and the public is advised to avoid body contact with algal scum or visible blooms and take precautions during recreation at the lake.

This Program Bulletin supersedes Program Bulletin #2015-02, dated March 9, 2015. It provides updated CalHFA Income Limits for the MCC program. The attached income limits apply to all MCC Tax Credit Program applications. The attachment shows the maximum income limits by household size for non-targeted and targeted areas.

hristy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP); Benjamin B. Wagner, United States Attorney for the Eastern District of California; Wade Walters, Special Agent in Charge of the Federal Deposit Insurance Corporation Office of Inspector General (FDIC-OIG); Birgit Fladager, Stanislaus County (Calif.) District Attorney; and Leslie DeMarco, Special Agent in Charge of the Federal Housing Finance Agency Office of Inspector General (FHFA-OIG), today announced

Congressman Xavier Becerra (CA-34) announced that Volunteers of America – Los Angeles (VOALA), People Assisting The Homeless (PATH), and New Directions, Inc. received $1.8 million in federal grants from the U.S. Department of Labor to help homeless veterans in Los Angeles overcome homelessness and secure employment

Continuing with its 20-year history of advocating for home buyers, the National Association of Exclusive Buyer Agents filed an Amicus Curiae or “friend of the court” brief on behalf of the plaintiff in a case currently before the California Supreme Court. In his suit Horiike v. Coldwell Banker, plaintiff Hiroshi Horiike contends that even though the listing agent was originally contracted by the seller, because the listing agent was an agent of the same broker and in the same brokerage as his buyer agent, the listing agent also owed him, the buyer, representation as well.

Congressman Kevin McCarthy released the following statement on the introduction of new California water legislation. H.R. 2898, the Western Water and American Food Security Act of 2015 achieves four main goals: it moves water through the Delta, creates a path for new storage, protects the State Water Project, and preserves water rights.

Today Representative Valadao (R-CA) introduced a so-called drought relief bill that could have devastating impacts on California’s rapidly-dwindling wetlands and imperiled wildlife, especially salmon and migratory birds. The bill overrides critical federal endangered species protections and undermines environmental laws under the guise of making more water available for consumption

Governor Jerry Brown signed the 2015-2016 budget yesterday, which included $3 million in funding to expand the Earthquake Brace and Bolt (EBB)program and clarified that the program's grants are income-tax exempt at the state level. This expansion represents an important public investment in the protection of Californians from the dangers of earthquakes

Recognizing that research has shown low-income students lose more academic skills over summer than their middle-class peers, Peoples’ Self-Help Housing will continue operating its Youth Education Enhancement Program (YEEP) at learning centers at eight of its affordable rental complexes throughout the summer, serving 240 students

Congressman Ted W. Lieu (D-Los Angeles) and 17 original cosponsors introduced theAdvocating for Homeless Veterans Act to reauthorize the Department of Veterans Affairs (VA) Advisory Committee on Homeless Veterans through December 31, 2020. The Advisory Committee was created in 2001 by then-House Veterans Affairs Committee Chairman Chris Smith (R-NJ) to review the VA’s efforts to serve homeless veterans and provide the Department with recommendations.

Congressman Part of Legislative Effort to Provide Drought Relief to California. Representative Steve Knight (CA-25) is an original cosponsor of a bill that would set up a framework to provide relief from California’s drought crisis.

The Los Angeles Metropolitan Transportation Authority (Metro), chaired by Los Angeles Mayor Eric Garcetti, voted today to award a $11 million contract to Bicycle Transit Systems, Inc. to launch bike sharing in Downtown L.A.

U.S. Senator Barbara Boxer (D-CA) today released the following statement on the new House Republican water bill: “It’s unfortunate that House Republicans – with much fanfare – are rolling out a bill that is the same-old, same-old and will only reignite the water wars.