BRIDGE Housing Names CEO
Cynthia A. Parker, a regional president for Mercy Housing, has been selected as president and CEO of BRIDGE Housing, one of the largest affordable housing developers and owners in California.
Matt Franklin is president of Mid-Peninsula Housing Coalition, one of California's leading nonprofit affordable housing developers.
L.A. Ranked Meanest to the Homeless
Los Angeles is the meanest city in America when it comes to its treatment of the homeless, according to a new report by the National Law Center on Homelessness & Poverty and the National Coalition for the Homeless.
New Head of CDLAC Appointed
SACRAMENTO, CALIF.—Sean L. Spear has been named executive director of the California Debt Limit Allocation Committee (CDLAC) by state Treasurer Bill Lockyer.
California Grabs Redevelopment Money
A lawsuit is brewing in California over a state budget package that takes $2.05 billion from redevelopment agencies in the next two years.
California Distributes $67 Million in StimulusFunds
The California Tax Credit Allocation Committee (CTCAC) will distribute $67 million in federal stimulus money to jump-start 14 affordable housing projects throughout the state.
New Development Serves Abused Seniors
Abused seniors have a place to go with the opening of a project in Sacramento, Calif.
California Awards LIHTCs, Stimulus Funds
California has awarded nearly $147 million in low-income housing tax credits to affordable housing developments that will create more than 4,862 units for low-income families and individuals across the state.
CTCAC Schedules Additional Mandatory Workshops
The California Tax Credit Allocation Committee is requiring developers who have received a preliminary reservation of American Recovery and Reinvestment Act (ARRA) funds to attend a workshop that will provide an overview of the loan process, disbursement procedures, reporting requirements, and...
Freeze on California Funds
Affordable housing projects in California are in jeopardy of being delayed or halted after key state financing has been put on hold.