With California short of nearly half a million affordable homes and a slew of projects stalled amid adverse market conditions, Sen. Dave Cortese has proposed a bill that would allow the state to use its credit to insure construction and permanent loans for multifamily housing, giving developers access to more favorable interest terms and letting
The former owner of a trio of San Diego businesses that provided surrogacy consulting services to prospective parents was sentenced Friday to two years in prison for stealing money from her clients. Lillian Arielle Markowitz, 40, who owned My Donor Cycle, Surrogacy Beyond Borders and Expecting Surrogacy, pleaded guilty to taking hundreds of thousands of
California is joining 16 other states in a federal lawsuit to force the Trump administration to release billions of dollars in funds for electric vehicle chargers approved by former President Joe Biden’s hallmark infrastructure law. “Alongside 16 attorneys general, I’m suing the Federal Highway Administration for their efforts to thwart Congress’s $5 billion program to
A Newport Beach attorney who admitted that she swindled investors out of $8.7 million in order to bankroll her lavish lifestyle and high-rolling gambling habit was sentenced Monday, May 5 to one year and nine months in federal prison. A luxuriant lifestyle of high-end jewelry, luxury cars, a six-month stay at a opulent Las Vegas
Santa Clara County and San Francisco, along with seven other local governments, are asking a federal judge to block the U.S. Department of Housing and Urban Development from placing “unlawful” conditions on federal funds — stipulations that could put millions of dollars to address homelessness at risk. The lawsuit, which is being led by King
OAKLAND — Oakland’s interim mayor is delaying the release of a deeply consequential, two-year budget proposal that had been expected to detail how the city would balance a looming $265 million budget shortfall. The move by Interim Mayor Kevin Jenkins comes just two weeks after Oakland’s top finance official quietly resigned from the job she’s
REDWOOD CITY – A jury on Wednesday found a former Caltrain deputy director guilty of embezzling public funds to build a personal “crash pad” in a historic Burlingame train station, declining the defense’s argument that his supervisor had given him permission to put the funds toward renovating the apartment and residing there while working 80-hour
For 25 years, Denverites have waited and wondered what would become of the old Gates Rubber factory at the intersection of Broadway and Interstate 25 south of downtown. Beautiful but badly contaminated solid brick buildings were torn down with the promise of remediation and redevelopment that never materialized. Millions were spent on the cleanup of
The U.S. Department of Education’s plan to begin collecting federal student loans in default has caused anxiety among some Maryland graduates, while others say the time has come for them to accept fiscal responsibility. The Department of Education will begin collecting federal student loans in default on May 5, having issued a warning that borrowers
The Trump administration is trying to claw back more than $106 million in migrant funds from New York City coffers — bringing the total the feds have attempted to recover to nearly $188 million. In a letter to the city, feds wrote that the grant money, from the Federal Emergency Management Agency’s Shelter and Services