Yearly Archives: 2017
Valadao Releases Statement on Updated Water Allocation
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
DWR Awards Contract for Oroville Spillways Repair
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.
April is Fair Housing Month: Fair Housing Equals Opportunity
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.
California Twice Convicted Felon Sentenced to Prison for Operating Fake Law Firms That Promised...
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.
Hanley Investment Group Completes Sale of Two Multi-Tenant Pad Transactions in Kansas City Metro...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of two new construction multi-tenant pad buildings in separate transactions in the Kansas City metro area. The total purchase price for both properties was $5,430,000.
Federal Court Permanently Bars California Man From Preparing Property Appraisals
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
SummerHill Housing Group Announces 994-Unit Mixed-use Master Plan Development on 27 Acres Located within...
SummerHill Housing Group, the umbrella organization for SummerHill Homes, an award-winning residential builder, and SummerHill Apartment Communities, an apartment, mixed-use infill rental housing developer, announced today its plans to develop 994 residential units in the 65+/-Lawrence Station Area Plan in Santa Clara, California. Located on nearly 27 acres bounded by Lawrence Expressway, Central Expressway and Kifer Road, SummerHill has named this exciting new development Nuev. More...
Northern California Real Estate Investor Sentenced for Rigging Bids at Public Foreclosure Auctions
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.
Bipartisan Repeatedly Flooded Properties Insurance Reform Introduced
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
Royce Pushes for Better Flood Risk Mitigation and Transparency
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."
AGUILAR RESPONDS TO TRUMP’S PLAN TO SLASH FUNDS SUPPORTING SAN BERNARDINO COUNTY RESIDENTS
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
NAPOLITANO REJECTS TRUMP’S BUDGET PROPOSAL
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.
Colleges and Universities Can Lead America’s Shift to 100 Percent Renewable Energy
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
RANKING MEMBER NAPOLITANO CALLS FOR RENEWED FEDERAL COMMITMENT TO WATER-RELATED INFRASTRUCTURE
Rep. Grace F. Napolitano (D-El Monte), Ranking Member of the Subcommittee on Water Resources and Environment, called for renewed federal commitment to water-related infrastructure at the Subcommittee’s first hearing of the 115th Congress
Pelosi Statement on Civil Engineers’ D+ Grade for American Infrastructure
Democratic Leader Nancy Pelosi today released the following statement after the American Society of Civil Engineers (ASCE) released the quadrennial American Infrastructure Report Card, which scores a D+ for our nation’s infrastructure.
Hanley Investment Group Arranges Sale of Single-Tenant NNN Rite Aid in Menifee, Calif., for...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, arranged the sale of a new single-tenant absolute net-lease Rite Aid property located at 28995 Newport Road in Menifee, Calif. The purchase price was $9 million, which represented a cap rate of 4.72 percent. More...
Learning from Leaders Promotes Leadership in Real Estate
“Learning from Leaders in the Year of the Fire Rooster” last Friday aimed at encouraging real estate professionals to be leaders in organized real estate. The event, hosted by the SILVAR's Global Business Council and Young Professionals Network (YPN), attracted over 100 members from SILVAR and other real estate associations.
LaMalfa and Garamendi Introduce Legislation to Facilitate Funding of Sites Reservoir
Northern California Representatives Doug LaMalfa (R-CA) and John Garamendi (D-CA) announced the introduction of H.R. 1269, which will accelerate the federal review of Sites Reservoir and better position the project for funding under Proposition 1. The bill also authorizes the federal government to be involved in construction of the project should it be found feasible and is an innovative new way for the federal government to participate in a locally controlled project
Garamendi Meets with Levee Stakeholders, Local Farmers, and Tours Emergency Levee Repairs
Over the course of five meetings on March 3rd, Congressman John Garamendi (D-Yuba City, Fairfield, Davis, CA) met with a number of local leaders and farmers focused on the Oroville Dam spillway crisis, its impact on farmers, job training programs, and affordable housing