AB 602 Clears Legislature! Ask Governor Schwarzenegger to Sign Now!

AB 602 Clears State Legislature!
Now request Governor Schwarzenegger to Sign


AB 602 addresses something that was promised in the original SB 375 bill negotiations. AB 602 overturns a portion of the Urban Habitat Program v. City of Pleasanton (2008) case, in which an appellate court ignored clear legislative intent and limited all challenges to a housing element's adequacy to the first 90 days after the element is adopted.

Updated Information on the Community Reinvestment Act (CRA)

CRA

Updated information on the Community Reinvestment Act (CRA)

CRA Hearing Dates Announced for Los Angeles, CA. Public Comments Sought (updated July 15, 2010)

Thank You Senator's Barbara Boxer and Dianne Feinstein!

BoxerFeinstein

Thank You! US Senators Barbara Boxer and Dianne Feinstein for co-signing S. 3326
 

2008 Out Of Reach Reports Available Now

SCANPH publishes an annual look at the cost of rental housing and homeownership in the Southern California region and takes a look at what workers' and their families need to earn to be able to afford housing here. Please click on the Out of Reach fact sheets below:

Conference on the Future of Housing Finance Hosted by Treasury and HUD

Conference on the Future of Housing Finance Hosted by Treasury and HUD

Update: AB 2293 Passes State Senate Appropriations Committee

(SCANPH is sharing this news with our members via a communication we recevied from Julie Snyder of Housing CA) Good news! HCA's AB 2293 got off the Senate Appropriations Committee's suspense file yesterday on an 11-0 bipartisan vote.

This was a big step, as hundreds of bills didn't get off the suspense file. The bill was amended to require HCD to reserve/escrow permanent funds under MHP, TOD, and Joe Serna to provide a more solid guarantee to the construction lender.

UPDATE: HR 4213 Gains 60 Votes Support BUT Does Not Include Housing Provisions

(Updated Information July 20, 2010) The Senate is now on the verge of passing H.R. 4213, which among its many provisions had once included $1B in funding for the National Housing Trust Fund (NHTF) and the extension of the 9 percent Low Income Housing Tax Credit (LIHTC) exchange program.

Both provisions are now NOT part of the final legislation being voted upon today in the Senate. According to our advocates in Washington DC, we are hoping to see the Senate reconsider adding these provisions within another bill next week.

Set Southern California on Course to Achieve Economic Growth and Create Healthy Communities



SCANPH Advocates for CARB to Set Southern California on Course to Achieve Economic Growth and Create Healthy Communities

Senate Stalls On HR 4213

(from A.C.T.I.O.N) The Senate failed in its efforts to advance H.R. 4213, which among its many provisions included the extension of the 9 percent Low Income Housing Tax Credit (LIHTC) exchange program, the GO Zone LIHTC placed in service deadline, the LIHTC exchange program to apply to disaster LIHTC, and the New Markets Tax Credit (NMTC) program and allowing the NMTC to be taken against alternative minimum tax.

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