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Following last year’s new mortgage industry regulations that delayed some escrow closings, double-digit annual sales increases across every major region of the state propelled California existing home sales higher in November on a year-over-year basis, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

The Department of Water Resources (DWR) today commissioned a new research vessel as a state-of-the-art replacement for the San Carlos, which since America’s bicentennial year has been monitoring water quality in the Sacramento-San Joaquin Delta and upper San Francisco Estuary.

Rep. Jim Costa (CA-16) released the following statement after the Water Infrastructure Improvements for the Nation (WIIN) Act was signed by the President and enacted into law.  The WIIN Act includes language to assist in reducing the impacts of California’s drought crisis and to build additional long-term drought resiliency

A federal jury yesterday convicted four real estate investors for their roles in a conspiracy to rig bids at public real estate foreclosure auctions held in Alameda County, California, the Department of Justice announced.

Mayors gathered to discuss their shared commitment to upgrade and protect our cities’ aging infrastructure and improve resiliency for our communities against the threat of natural and human-made disasters. This is the second day of discussions at the 2nd annual West Coast Mayors Summit hosted in San Francisco

Thursday, two bills were introduced by a bipartisan group of members on the House Financial Services Committee to lay the groundwork for housing finance reform next Congress -- H.R. 6500, the Moving Housing Forward Act, introduced by Congressmen John K. Delaney (D-MD), John Carney (D-DE), and Jim Himes (D-CT) and H.R. 6487, the Taxpayer Protections and Market Access for Mortgage Finance Actintroduced by Congressman Ed Royce (R-CA) and Congresswoman Gwen Moore (D-WI). Both proposals seek to address issues in housing finance through pilot programs at Fannie Mae and Freddie Mac.

Rep. Jim Costa (CA-16) and Valley water and agriculture leaders held a press conference to urge the United States Senate to support the Water Infrastructure Improvements for the Nation (WIIN) Act with language to assist in reducing the impacts of California’s drought crisis and to build additional long-term drought resiliency

U.S. Congressman Scott Peters (CA-52) helped pass a bipartisan bill that will bring millions of dollars to the San Diego region to improve water security and drought mitigation. The Water Infrastructure Improvements for the Nation Act, a comprehensive water bill that decides water infrastructure projects and policy for the next two years, authorizes projects in the San Diego region and allocates federal funds for water desalination, recycling, and storage projects to support drought-ridden southern California.

It provides for $335 million for desperately needed surface water storage. It opens a new era of hatcheries to provide for burgeoning populations of endangered fish species. It adds flexibility to management of New Melones Reservoir and water transfers to assure water can be more efficiently moved to where it is most needed. It adds strong protection to Northern California area of origin water rights. It expedites review and approval of new projects. It updates flood control management criteria to make better use of our existing reservoirs.

U.S. Congressman David G. Valadao (CA-21) released the below statement following an agreement between the House and Senate regarding California water provisions. The legislative language will be included in the FY2017 Water Resources Development Act (WRDA) which is scheduled to be considered by the House and Senate this week

Los Angeles County District Attorney’s Office has filed a civil lawsuit to remove Maywood Councilman Sergio Calderon from serving as a director on a regional water board.

President-elect Trump has many difficult fiscal tasks ahead – one of which is to promote long-overdue infrastructure construction at a time when the national debt exceeds our entire economy and interest costs alone are eating us alive.

“The nomination of Dr. Carson as HUD Secretary could jeopardize protections put in place to undo historical and deeply entrenched and systemic housing discrimination. Just last year, Dr. Carson called Affirmatively Furthering Fair Housing a “failed experiment,” calling into question whether he will enforce or overturn the Fair Housing Act rule meant to ensure that there are proactive plans in place by municipalities that receive HUD funding to overcome historic patterns of segregation and foster inclusive communities.

Congresswoman Anna G. Eshoo (D-Calif­) released the following statement after Facebook, Envision Transform Build- East Palo Alto, and the cities of East Palo Alto and Menlo Park announced the creation of a new partnership to increase the supply of affordable housing in Silicon Valley.

Congressman Jared Huffman (D-CA) today slammed House Majority Leader Kevin McCarthy’s (R-CA) last-minute attempt to attach a nearly 100 page amendment to the Water Resources Development Act (WRDA). The amendment, first made public today despite months of negotiations on WRDA, would gut science-based environmental and clean water protections to benefit McCarthy’s own district, while threatening jobs across the West Coast’s multi-billion dollar salmon industry.

Rep. Jim Costa (CA-16) released the following statement after the Water Infrastructure Improvements Act for the Nation (WIIN) Actwas introduced with language to assist in reducing the impacts of California’s drought crisis and to build additional long-term drought resiliency

Congressman Ted W. Lieu (D | Los Angeles County) issued the following statement on the nomination of Dr. Ben Carson for Secretary of Housing and Urban Development