Earlier this week, California’s legislature moved one step closer to enacting legislation designed to protect widows, widowers, and other heirs from unnecessary foreclosures. Senate Bill 1150, the Homeowner Survivor Bill of Rights (SBOR), was passed out of the Assembly Judiciary Committee on a 7 to 3 vote Tuesday. The next step is a vote by the entire Assembly, which is expected in August

On Wednesday, June 29, 2016, the County of Monterey celebrated the grand opening of Camphora Apartments, a development by Eden Housing and South County Housing, in partnership with the County and the City of Soledad. Camphora Apartments is located at 32101 McCoy Road, Soledad, CA 93960

This past month was National Homeownership Month, and the California Housing Finance Agency (CalHFA) showed just what you can do when you're willing to devote time and effort to helping those who need it the most.

Jordan Rubinstein and David Pressberg, two influential commercial real estate professionals in Los Angeles, have joined the brokerage team at Kennedy Wilson, a global real estate investment company. Previously with Century Park Realty, the move expands Kennedy Wilson’s foothold on the tenant representation side, and lengthens the firm’s list of nationally recognized clientele and expanding brands. The team will relocate to Kennedy Wilson headquarters in Beverly Hills.

New Navigation Center Provides More Support & Safety for Homeless Residents Living on Streets San Francisco, CA - June 29, 2016 - (RealEstateRama) -- Mayor...

Mayor Edwin M. Lee today announced the opening of the second Navigation Center located at the Civic Center Hotel at 20 12th Street. The Navigation Center is part of Mayor Lee’s pioneering approach to help homeless people move off the streets and into stable housing or residential programs where they have access to the services they need to stabilize their lives.

SILVAR’s fifth Certified International Property Specialist (CIPS) Institute at SILVAR took place this week with 17 students registered. The students, many of whom are SILVAR members, hail from the San Francisco Bay Area and Canada, and from different cultural backgrounds. Many are well-traveled and eager to learn more about the international real estate market and how to grow their global business.

Building on April’s gain, California pending home sales continued to rebound on a year-to-year basis, as listings increased, primarily in seven of nine Bay Area counties, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today

With the goal of getting San Diego’s fair share in federal homeless dollars, Mayor Kevin L. Faulconer and City Councilmember Todd Gloria today praised the U.S. Department of Housing and Urban Development (HUD) for moving forward with its commitment to reopen the comment period this summer regarding the decades-old federal funding formula for homeless services and realign it to more accurately reflect the realities facing American cities today.

Late yesterday evening, U.S. Congressman Scott Peters (CA-52) spoke with Secretary of Housing and Urban Development Julián Castro about progress on updating the Continuum of Care formula that determines how federal homelessness funding is allocated. Secretary Castro indicated that the Department of Housing and Urban Development (HUD) will put forward a proposal in mid-July that goes beyond Rep. Peters’ initial request of reopening the public comment period on the existing formula. Stressing the need for a long term solution, HUD will be seeking comments on specific approaches to modernize the formula.

With the near completion of 200 new, affordable housing homes, the $46 million Charlotte Park Apartments in San Jose, Calif., is a great example of ROEM’s expertise in building a high quality affordable residential rental community located within a market-rate development. In this case, ROEM Corp. satisfied most of the affordable housing requirement of the Hitachi master-planned community, with ROEM Builders, Inc., acting as both general contractor and construction manager.

A homeless man was sentenced today to four years in state prison for stealing a custom made tricycle for a teen with cerebral palsy, the Los Angeles County District Attorney’s Office announced.

Statewide median home price continues to climb; above $500,000 for second straight month - Existing, single-family home sales totaled 410,090 in May on a seasonally adjusted annualized rate, up 0.6 percent from April and down 3.2 percent from May 2015.

The House of Representative today passed an amendment offered by Congressman McClintock to forbid scarce defense dollars from being spent to fund Green Energy Executive Orders. The amendment was adopted to the 2017 Defense Appropriations Bill. The Congressman's remarks in support of the amendment are attached

Congresswoman Julia Brownley (D - Westlake Village) is pleased to announce that the U.S. Department of Housing and Urban Development (HUD) and U.S. Department of Veterans Affairs (VA) awarded $113,700 to the City of San Buenaventura and the City of Oxnard to help homeless veterans transition into safe and affordable housing. The award will support 13 new housing vouchers that provide rental assistance for homeless veterans and will include access to supportive services

With the Skyline Hills Branch Library under construction behind them, Mayor Kevin L. Faulconer was joined today by several City Councilmembers as he signed the Fiscal Year 2017 Budget – a balanced budget that marks a doubling of infrastructure funding and near-tripling of streets funding since Faulconer took office

Rep. Pete Aguilar announced that the Housing Authority of the County of San Bernardino (HACSB) was awarded a $409,800 grant by the U.S. Department of Housing and Urban Development (HUD) and the United States Department of Veterans Affairs (VA) through the Veterans Affairs Supportive Housing (HUD-VASH) program. With this additional grant funding, HACSB now has the ability to subsidize housing for 457 veterans

Representative Scott Peters (CA-52) was informed by Julián Castro, Secretary of the Department of Housing and Urban Development (HUD), that HUD is reopening the public comment period on the formula that determines federal homelessness funding no later than June 21st.