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Torres Bill Would Fund State One-Stop Shops for Affordable Housing Financing
Rep. Norma Torres (D-CA) has introduced the Streamlining Affordable Housing Act. It would create a Department of Housing and Urban Development (HUD)…
Friedman Bill Would Tax Large Asset-Backed Loans at 23.8%, Exempting Mortgages up to $3...
Rep. Laura Friedman (D-CA) has introduced the Pay Your Taxes Avoided by Borrowing (TAB) Act, which would impose a 23.8% excise tax, paid by the borrower…
Daily Digest: California Housing and Real Estate News, October 20, 2026
California members of Congress sent letters to federal agencies on rural land crime, shipping, immigration enforcement and weather satellites…
Bipartisan Bill Would Let Innocent Partners Discharge Fraud-Related Debt in Bankruptcy
Rep. Lou Correa (D-CA) and Rep. Laurel Lee (R-FL) have introduced the Bankruptcy Relief for Innocent Partners Act.
Pelosi Joins Letters Urging HUD to Act on Housing Voucher and HOPWA Funding
Rep. Nancy Pelosi (D-CA) has joined Democratic colleagues in several recent letters urging federal agencies to release housing and energy assistance…
VA Announces New Bakersfield Outpatient Clinic to Replace Decades-Old Facility
The Department of Veterans Affairs (VA) has announced a new, modernized Community-Based Outpatient Clinic in Bakersfield, California…
Tran Bill Would Create Refundable Tax Credit of Up to $4,000 a Year for...
Rep. Derek Tran (D-CA) has introduced the COST Act, a bill that would set up a tax credit for renters facing rising housing costs. The proposal offers a refundable credit at a base rate of 8% to households with total income of $150,000 or less.
Lawmakers Urge USDA to Protect $232 Million in Rural Home Loan Funding
A bipartisan group of 14 members of Congress is urging the U.S. Department of Agriculture (USDA) to act now to protect about $232 million in funding for the Section 502 Single Family Housing Direct Loan Program, which is at risk of expiring at the end of Fiscal Year 2026. Rep. Jim Costa (D-CA) led the effort, which was outlined in a letter to USDA
LA Metro Gets $25 Million Federal Grant for SR-71 Freeway Upgrade in Pomona
The Los Angeles County Metropolitan Transportation Authority (LA Metro) will receive $25 million from the U.S. Department of Transportation for Phase 2 of the State Route 71 (SR-71) Gap Closure Project in Pomona, Rep. Norma Torres (D-CA) announced. The money comes from the department’s Fiscal Year 2026 INFRA grant program for highway and freight projects.
California Law Directs CPUC to Set Compensation for Utility Wildfire Victims
California Gov. Gavin Newsom has signed Assembly Bill 2700, which is meant to help victims of utility-caused wildfires get fair compensation, Rep. James Gallagher (R-CA) announced. Gallagher first introduced the bill while serving in the state Assembly.
