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Study Shows Housing Industry is Vital to California’s Economic Recovery

SACRAMENTO, CA - February 12, 2010 - (RealEstateRama) -- A preliminary report released today by the California Homebuilding Foundation (CHF) in conjunction with the Center for Strategic Economic Research (CSER), shows that the downturn in new-home building has resulted in the loss of hundreds of thousands of jobs and tens of billions of dollars in economic output to California’s economy.

Corona Joins Growing List of Communities Reducing Development Fees

May 13, 2009 - (RealEstateRama) — California homebuilders today recognized the city of Corona as the latest jurisdiction to reduce development fees in an effort to jump-start homebuilding and its local economy

Six Home Building Leaders Named to California Homebuilding Foundation Hall of Fame

SACRAMENTO, CA - February 25, 2009 - (RealEstateRama) — Six home building leaders, including two HBANC members, will be inducted this year into the California Homebuilding Foundation Hall of Fame.

California New-Home Market Ends 2008 with a Whimper, CBIA Announces

SACRAMENTO, CA - February 18, 2009 - (RealEstateRama) — The pace of home sales at California new-home communities continued to slow in December following deteriorating credit conditions in the closing months of 2008, the California Building Industry Association reported today. CBIA officials urged the Legislature to quickly enact stimulus legislation that the Association believes will help reverse the continued depression in the state’s homebuilding industry.

California Homebuilding Depression Expected to Deepen in 2009, CBIA Announces

Forecast Calls for Record-Low 63,400 Housing Starts; Association Urges Lawmakers to Take Quick Action on Stimulus Measures

Popular Government & Nonprofit Press Releases

LA Metro Gets $25 Million Federal Grant for SR-71 Freeway Upgrade...

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.

Recent Government & Nonprofit Press Releases

Tran Bill Would Create Refundable Tax Credit of Up to $4,000...

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.