As housing shortages deepen across the country, single-family zoning is increasingly becoming a prime target of lawmakers who seek to remake neighborhoods by adding density. Over recent years, some local and state governments—such as Minneapolis and the state of Oregon—have essentially eliminated single-family zoning to make way for more types of housing in response to […]
Government Affairs
Cities Report – October 2020
AZUSA The Citrus Community College District Board of Trustees unanimously voted to appoint Anthony Contreras, Ed.D., as the provisional trustee for Area 1 at its Oct. 6 board meeting. Trustee Area 1 includes Azusa and portions of Duarte. Dr. Contreras assumes the seat of Dr. Barbara R. Dickerson, who resigned on Sept. 14. Contreras’ term […]
Investors Await January Carnage
Single-family landlord giants are expecting a surge in repossessed homes as millions of homeowners have fallen behind on their mortgage payments and may be at risk of losing their homes once eviction moratoriums end. The Wall Street Journal reports that landlords are waiting for a “potential bonanza” of distressed properties as well as the emergence […]
Residential Towers in Montclair Place Plan a Blueprint for Future?
The Montclair City Council approved a plan to transform Montclair Place into a 104-acre mixed-use district encompassing roughly 5 million square feet of residential space that would create a new downtown for Montclair. The plan includes up to 6,312 units of apartments, homes and high-rise condos, with residential towers rising as tall as 20 stories. […]
IE Double the Late Payers
In Riverside and San Bernardino counties, 336,000 adults live in households that are behind on rent due at the end of August, according to the U.S. Census Bureau. That’s 30% of all Inland Empire tenants and almost twice the rate in Los Angeles and Orange counties where 537,000 who live in rentals were late payers […]
HUD’s Alters Fair Housing Rule
The U.S. Department of Housing and Urban Development (HUD) officially repealed the Affirmatively Furthering Fair Housing (AFFH) rule, replacing it with a rule titled “Preserving Community and Neighborhood Choice.” The 2015 AFFH rule required all local, state, and public housing officials to use the Affirmatively Fair Housing Assessment Tool, which uses HUD data and questionnaires […]
Cities Report & Propositions August-September 2020
California Propositions – Here are the propositions related to real property that will be on the ballot. Proposition 15: Increase commercial property taxes for education funding Summary: Amends the constitution to allow commercial and industrial properties to be taxed at their market value rather than their purchase price. There are exceptions for properties zoned as commercial agriculture […]
Sept. 21 – CVAR Connect
CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions Latest COVID-19 Updates from C.A.R. Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see classes below). ____________ Watch the REALTOR® Safety Replay! Offered Free for all of REALTOR® Safety Month (September) […]
Make Plan to Vote; Register Here
by Teresa Boardman, Boardman Realty Voting during a pandemic increases the chance that things will go wrong during the 2020 election. One of the most civic-minded actions a REALTOR® can take is to volunteer at a polling location. Also, people who want to vote will need to have a plan that should be in place now. […]
LA Controller Calls for Faster, Cheaper Housing
Los Angeles Controller Ron Galperin released a report in September that claims if the costs to build Proposition HHH-funded permanent supportive housing aren’t reduced, delays will continue, prices for materials will rise, and the city’s homeless population will increase. “Nearly four years after voters approved spending a billion-plus dollars to reduce homelessness, only three new housing projects […]