Gov.Gavin Newsom is hoping his latest round of homeless encampment resolution funding will not just help clear the state’s sidewalks — but also hold cities and counties more accountable for making it happen.

Newsom on Friday doled out $130.7 million to 12 cities and six counties, aiming to clear homeless encampments and provide shelter, care and support. Among the recipients are Riverside and San Bernardino counties, Pasadena and Los Angeles cities, but missing this round was Los Angeles County.

Newsom said L.A. County’s absence is not an oversight, nor is it a political maneuver.

“A disproportionate share has gone to L.A. City and L.A. County, as well as their C.O.C. (Continuum of Care), so they’ve been well resourced,” Newsom said. “It’s not intentional. I wouldn’t read between the lines.”

L.A. County received $51 million of homelessness funding from the state in May.

Newsom said so far, the state’s $1 billion encampment resolution program has doled out more than $737 million to clear encampments across California.

As part of this latest round of funding, Newsom said he’s also stepped up accountability measures and promised to claw back funding if the cities or counties fail to meet the requirements. The new standards, he said, are essential to reduce encampments and reclaim California’s public spaces.

Related story: Newsom makes good on threats against Norwalk for its ban on homeless shelters

“We need to re-democratize our streets and do it in a compassionate way, with our values intact, support the people who are out there and the underlying causes,” Newsom said. “But, we need to take back the streets.”

Newsom said the encampment resolution program is working. Since July, 991 encampments have been removed and more than 12,000 have been removed over the past three years.

Riverside District Attorney’s Office found faulty scales and scanners that regularly overcharged for food.

Originally Published: October 4, 2024 at 2:33 p.m.

Citizens Financial Group has entered the next phase of its West Coast expansion strategy, appointing a private banking team in Southern California, and announced plans to open new private bank offices in the region.

This move follows prior announcements regarding Citizens’ California development plan, which aims to serve the market in an integrated and comprehensive manner that fosters growth across Private Banking, Wealth Management, and Corporate & Investment Banking.

In an effort to expand its clientele, Citizens has launched two new Private Banking locations in Mill Valley and Downtown San Francisco, California.

These locations mark the bank’s first West Coast locations. The new offices of Citizens Private Bank offer high-net-worth individuals, families, businesses, entrepreneurs in the innovation economy, and charitable organisations comprehensive, personalised private banking and asset management services.

The sites stand out as centres of excellence within Citizens’ portfolio, delivering an assortment of tailored financial services suited to the unique needs of clients in the Northern California market. For their regular banking needs, all Citizens clients in the area are welcome to visit the new Private Banking locations.

In order to better serve the San Diego and Newport Beach regions, Citizens Private Bank has expanded its footprint by adding a highly skilled Private Banking staff to Southern California.

Victor Mena, a private bank market executive with deep ties in the area, substantial area expertise, and a track record of providing outstanding client service, leads the new team.

Mena will work with a group of seasoned bankers to increase Citizens Private Bank’s presence in California, reporting to Susan deTray, Head of the bank.

By the middle of 2025, Citizens Private Bank plans to open more Private Banking locations around California, notably in Newport Beach, San Diego, and Silicon Valley.

Susan deTray, head of Citizens Private Bank stated: “We’re pleased to continue executing against the Citizens Private Bank growth strategy with the opening of our first two Private Banking offices in the San Francisco Bay Area, and the addition of experienced bankers in Southern California. We look forward to deepening our presence and delivering a robust suite of comprehensive banking and wealth management services with an emphasis on personal relationships, extraordinary service, and tailored solutions and advice.”

“Citizens to expand and branch into California” was originally created and published by Private Banker International, a GlobalData owned brand.

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