June 7, 2025

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Loans

California bill calls for program to insure multifamily development loans

  • May 19, 2025

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

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Funds

Sheng Thao considered using Oakland’s funds to hire consultant her campaign owed

  • April 4, 2025

OAKLAND — Nearly six months after Sheng Thao took office, she still owed tens of thousands of dollars to the campaign manager who had helped deliver her a victory. Long-established state law prohibits politicians from using public funds to finance election campaigns, but in newly released records, Thao’s top staffer said her boss had considered

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