California
Building Industry of Southern California Hosts Successful Economic Forecast and Housing Strategy Summit
IRVINE, Calif., Could 12, 2022 /PRNewswire/ — The Constructing Business Affiliation of Southern California (BIASC) and their Los Angeles/Ventura (LA/V) Chapter hosted the Financial Forecast & Housing Technique Summit on the Ronald Reagan Presidential Library in Simi Valley, Calif. on April twenty fifth. The occasion was co-hosted by Southern California Management Council (SCLC) and had over 200 registered attendees.
The occasion befell from 3pm – 8pm consisting of a library tour, all-regions board assembly, VIP Reception and concluded with a particular friends panel that includes native elected representatives. In attendance have been BIASC management and Chapter Presidents, together with Southern California’s high builders and landowners.
Former California Governor Pete Wilson, the thirty sixth Governor of California, recorded a message for the viewers stating Sacramento should cut back the regulatory burdens homebuilders face as a way to reverse the state’s declining homeownership charges. “Ten years in the past, 50% of Californians might afford a medium priced residence, however now it is lower than half that, and every time the house affordability statistic drops one other level, one other swath of our inhabitants loses its maintain on the American dream of possession,” he mentioned. “That could be a tragedy, as a result of it additionally signifies that all of the financial and social advantages that include residence possession have been misplaced for them.”
Company heard opening remarks from Los Angeles Supervisor Fifth District Kathryn Barger. The moderator of the occasion was Invoice McReynolds, BIA LA/V Chapter President and Vice President of Land Acquisitions at Warmington Residential. Former Governor Grey Davis, the thirty seventh Governor of California and Co-Chair of SCLC, was a highlighted speaker on the occasion on Wednesday. Christopher Thornberg, founding father of Beacon Economics, offered perception into the 2022 constructing financial forecast and past.
The Land and Growth Panel included:
- Greg Bielli, President and CEO, Tejon Ranch
- Mike Balsamo, Senior Vice President, Governmental Relations, Rancho Mission Viejo
- Randall Lewis, Senior EVP of Advertising and marketing, Lewis Group of Corporations
- Nicole Murray, Division President, Shea Holmes
- Greg McWilliams, Chief Coverage Officer and VP, Fivepoint
The Land and Growth Panel set the tone for the night by expressing the necessity for predictability to exist to ensure that land buying and constructing to proceed efficiently. The regulatory companies must be stopped from promulgating extra guidelines and hurdles to recover from to get away from the huge financial transformation forcing gentrification. All palms on deck are wanted as a way to get neighborhoods and high quality of life again on monitor.
“Our Financial Forecast & Housing Technique Summit gives invaluable info for our members and elected officers to raised interact on housing options,” mentioned BIASC CEO Jeff Montejano. “The rising giant variety of attendees for these management summit’s are excellent and a transparent indication concerning the rising want for higher regional housing insurance policies.”
About
The Constructing Business Affiliation of Southern California (BIASC) is the voice of the area’s constructing business, with 4 chapters providing localized providers to constructing professionals from Ventura to the southern tip of Orange County. All through its 99-year historical past, the affiliation has served its builder and affiliate members by anticipating, defending and selling their widespread pursuits by way of its many applications, providers, councils and committees. For extra info on the Constructing Business Affiliation of Southern California, go to https://biasc.org/.
IMAGE DOWNLOAD
IMAGE CAPTION – Invoice McReynolds (BIA LA/V Chapter President and Vice President of Land Acquisitions, Warmington Residential), Christopher Thornberg (Founder, Beacon Economics), Mike Balsamo (Senior Vice President, Governmental Relations, Rancho Mission Viejo), Randall Lewis (Senior EVP of Advertising and marketing, Lewis Group of Corporations), Nicole Murray (Division President, Shea Holmes), Greg Bielli (President and CEO, Tejon Ranch), and Greg McWilliams(Chief Coverage Officer and VP, Fivepoint).
SOURCE Constructing Business Affiliation of Southern California, Inc.
California
Northern California driver dies after vehicle found in floodwaters, 1 other found dead
SONOMA COUNTY – A man died when he was found in a flooded vehicle after an atmospheric river dumped heavy rain in Northern California, authorities said.
In Sonoma County’s Guerneville, first responders responded to a report around 11:30 a.m. Saturday for a vehicle that was seen in floodwaters near Mays Canyon Road and Highway 116.
The caller believed that at least one person was inside the vehicle.
When crews arrived, they said the vehicle was recovered but a man was pronounced dead at the scene. He has not been identified.
The Russian River, which flows through Guerneville, reached the flood stage on Friday evening and exceeded what was forecasted.
This area went into a flood warning around 2 p.m. Friday and was still in place as of Saturday afternoon.
Guerneville is about 75 miles north of San Francisco.
Around 8:45 a.m. Saturday in Santa Rosa, a man was found dead in Piner Creek just south of Guerneville Road, the police department said. His death is being investigated.
California
Laura Richardson completes a political comeback, winning tight race to represent South L.A. in the California Capitol
Laura Richardson emerged the victor of the competitive, costly and feisty election to win a South Los Angeles seat in the state Senate — completing her political comeback more than 10 years after a tumultuous tenure in the House of Representatives.
Richardson narrowly won the race against Michelle Chambers, a community justice advocate who faced accusations of misconduct in prior public office. The Associated Press called the race Friday after weeks of ballot counting.
The contest between two Democrats with similar social policies but differing views on crime and business attracted huge spending by special interests.
Independent expenditure committees poured more than $7.6 million into the race, making it the most expensive election for state Legislature this year, according to California Target Book, a political database. Negative campaigning dominated the race as business interests and labor unions battled for their favored candidate.
Richardson, a moderate Democrat, will join a Democratic supermajority in the Legislature. But Republicans are on track to flip three legislative seats this year, one in the Senate and two in the Assembly.
Richardson’s biggest supporters were businesses, including PACs funded by oil companies, and law enforcement associations that said they advocated for candidates who shared their beliefs on free enterprise and public safety. Meanwhile, Chambers’ biggest portion of support came from healthcare workers and teachers unions, who spent millions of dollars backing her.
Chambers wrote in a statement she was “proud of the campaign we ran,” thanking supporters who canvassed, phone-banked or cast votes for her “vision of better jobs, better wages and a California that works for everybody, not just the wealthy and well-connected.”
“This was the closest state senate race in the state, but unfortunately it appears that we will fall just short of victory,” she added. “Our people-powered efforts were not quite enough to overcome millions of dollars in outside spending on lies from the oil and tobacco industry and their allies.“
Richardson will succeed Sen. Steven Bradford (D-Gardena) in the 35th District, which encompasses the cities of Carson, Compton and stretches down to the harbor. Bradford, who had endorsed Chambers, said he believed both candidates were “qualified to do the job.”
Bradford, who championed reparations legislation during his tenure, hoped the future senator would be “willing to meet with all factions of the community, because it’s a great diverse need in this district.”
“I’m also deeply sad to see how negative this campaign was, probably one of the most negative campaigns I’ve experienced in my 30-plus years of being involved with elections,” he said. “I just hope that we can come together after such a negative campaign, regardless of who the victor is, and understand that we have to work together.”
Richardson and Chambers took aim at each other’s past controversies. For Chambers, who had picked up the endorsement of various state and local elected officials, opposition groups seized on a criminal misdemeanor charge from 30 years ago. She was also accused of bullying and intimidation from her time as a Compton City Council member, allegations that she has repeatedly denied.
Richardson faced criticism over her tenure in Congress, where a House Ethics Committee investigation found her guilty in 2012 of compelling congressional staff to work on her campaign. The committee report also accused Richardson of obstructing the committee investigation “through the alteration or destruction of evidence” and “the deliberate failure to produce documents.”
Richardson admitted to wrongdoing, according to the report, and accepted a reprimand and $10,000 fine for the violations. She previously said that during her time in Congress, Republicans frequently targeted members of the Black Caucus. After she lost her reelection bid for a fourth term, Richardson said she worked at an employment firm to improve her managerial skills and has recognized previous mistakes.
“It’s been said voters are very forgiving, and if you stand up and you accept responsibility and you improve in the work that you do — we need people who’ve been through things, who understand what it’s like to have had difficulties,” she previously told The Times. “And so that’s exactly what I did. I didn’t shy away from it.”
California
72-hour rain totals across Northern California
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