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California REALTORS® Bring Homeownership For All Message to Sacramento as Gov. Gavin Newsom Addresses In-Person Legislative Day 2022

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California REALTORS® Bring Homeownership For All Message to Sacramento as Gov. Gavin Newsom Addresses In-Person Legislative Day 2022


SACRAMENTO, April 26, 2022 /PRNewswire/ — As 2,000 REALTORS® come to Sacramento and the State Capitol for the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Legislative Day 2022, political momentum is rising for a legislative agenda that helps homeownership alternatives for working Californians and specifically communities of shade who’ve been traditionally discriminated in opposition to within the housing market. Gov. Gavin Newsom is scheduled to handle the REALTORS® on Wednesday, April 27, at C.A.R.’s first in-person Sacramento advocacy occasion since 2019. 

“California REALTORS® from throughout the state are coming to Sacramento to induce Gov. Gavin Newsom and legislators to assist insurance policies that can give working Californians the monetary safety and housing stability that solely comes from proudly owning a house,” mentioned C.A.R. President Otto Catrina. “At a time when the price of housing is past attain for many Californians, the state funds surplus offers our state’s elected leaders a as soon as in a lifetime alternative to make homeownership extra accessible. We ask that the governor and state legislature improve funding for possession housing and down cost applications, and our delegation of two,000 REALTORS® is raring to work with state authorities to make it occur.” 

In February, a coalition of REALTORS®, homebuilders and reasonably priced housing producers despatched a letter to Legislative Funds Committee leaders to attract public consideration to housing insurance policies which might be perpetuating and compounding California’s housing disaster by directing solely a really small share of State housing building funding to owner-occupied properties. Within the proposed State Funds for 2022-23, solely $69.56 million is allotted for homeownership applications, which isn’t even 3.5% of the funds allotted for deed-restricted rental housing applications.

As REALTORS® put together to interact with their state representatives, assist for this homeownership-focused funds request is gaining steam. Assemblymember Tim Grayson and 27 further assemblymembers — each Democrat and Republican — are calling for $600 million to assist homeownership within the 2022-23 state funds, together with $400 million for the event of deed-restricted possession housing and $200 million for the state’s current down cost help applications. The necessity for such applications is evident. With the median residence value in California anticipated to surpass $830,000 in 2022, California’s general homeownership fee has declined to only 55%. Among the many state’s largest ethnic group, Latinos, it is 44% and solely 37% of Black households personal their residence.

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“Homeownership stays one of the simplest ways for working folks to achieve financial safety and develop wealth,” mentioned Otto Catrina. “You possibly can’t say you need to deal with revenue inequality and shut the wealth hole for communities of shade with out supporting better entry to possession housing.”

Concerning the California Affiliation of REALTORS®
Main the way in which…® in California actual property for greater than 110 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.automobile.org) is without doubt one of the largest state commerce organizations in america with greater than 200,000 members devoted to the development of professionalism in actual property. C.A.R. is headquartered in Los Angeles.

SOURCE CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)



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California

Northern California driver dies after vehicle found in floodwaters, 1 other found dead

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Northern California driver dies after vehicle found in floodwaters, 1 other found dead


PIX Now morning edition 11-23-24

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PIX Now morning edition 11-23-24

09:29

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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.

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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. 

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Laura Richardson completes a political comeback, winning tight race to represent South L.A. in the California Capitol

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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.

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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.”

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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.

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“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.”



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72-hour rain totals across Northern California

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72-hour rain totals across Northern California


72-hour rain totals across Northern California – CBS Sacramento

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Here is a look at how much rain has accumulated across Northern California as of Friday night.

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