HCD Web News – November 9, 2012

HCD Web News is an electronic clipping service which features stories related to California and national housing and community development related issues. HCD staff compiles current news sources on Monday, Wednesday, and Friday.

November 9, 2012

TODAY’S NEWS

AFFORDABLE HOUSING

REUTERS.COM: Breaking ground on housing for LGBT Seniors

By Mark Miller // Chicago — (Reuters) – Gay rights took a big stride forward in this week’s elections, with voters in four states affirming the right of same-sex couples to marry. But here’s an issue in the LGBT community that continues to fly under the radar: what happens to LGBT Americans when they get old? “Our community has been focused for years on other issues, like AIDS/HIV, marriage equality and bullying,” says Mark Segal, a well-known advocate in the LGBT community …

HOUSING DEVELOPMENT

NATIONAL ASSOCIATION OF HOME BUILDERS: Builder Confidence in the 55+ Housing Market Continues to Improve in the Third Quarter

News Release [11/8/12] — Builder confidence in the 55+ housing market for single-family homes showed significant improvement in the third quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ (NAHB) latest 55+ Housing Market Index (HMI) released today. The index more than tripled year over year from a level of 12 to 36, which is the highest third-quarter reading since the inception of the index in 2008 …

LAND USE / PLANNING / REGULATION

DAILY BREEZE: San Pedro: Downsized plan for Ponte Vista housing development debuts

By Donna Littlejohn // After seven years of off-and-on debate, a new downsized version of the proposed Ponte Vista housing development in San Pedro was rolled out Thursday.

HOUSING MARKETS / REAL ESTATE

SACRAMENTO BUSINESS JOURNAL: Sacramento to update rental housing inspection program

By Sanford Nax [11/8/12] // Bolstered by the success of its program for inspecting rental housing, city officials are moving ahead with plans to refine and extend the program. Since the Rental Housing Inspection Program took effect in March 2008, the number of housing and dangerous building complaints in Sacramento fell 22 percent. In addition, the percentage of rental properties with violations has decreased each year

HOMELESSNESS

SAN LUIS OBISPO TRIBUNE: Panel: Guidance needed to combat homelessness in SLO County

By AnnMarie Cornejo [11/6/12] // San Luis Obispo — Joseph Clower’s children still don’t like to talk about the three years that they spent homeless. But Clower said he believes that sharing his story will help others. He and two other formerly homeless individuals spoke Monday night about their personal experiences in shelters & on the streets at an informal panel discussion moderated by county Supervisor Jim Patterson at Mission San Luis Obispo de Tolosa …

SACRAMENTO BEE: Sacramento’s Tubman House scrambles to replace lost federal funding

By Cynthia H. Craft // Tubman House, a transitional living program for homeless pregnant youths and young parents, has served more than 100 young adults ages 19 to 21 since it was launched with its first $200,000 federal grant in 2003.

TIMES STANDARD: A look at ‘build it and they will come’

Low-income housing continues to lag behind the need, as it does everywhere in the nation. The county’s general plan update is meant to address some of this problem in the coming years. A huge amount of time and effort has been devoted to inventorying the available land in Humboldt County for various kinds of development, including low- and very-low income housing. The finalization of this process has again been delayed, but when it becomes reality, should help ease the gridlock in development of all kinds in the county.

REDEVELOPMENT / INFILL / REVITALIZATION

SACRAMENTO BUSINESS JOURNAL: Review: West Sac redevelopment-land transfer is valid

By Sanford Nax // A review by the state controller’s office showed West Sacramento’s transfer of redevelopment agency assets was legally executed — and that it is the first review by the state that does not require follow-up action by the city. Legislation eliminated redevelopment agencies, and transferred assets and liabilities to successor agencies. However, oversight boards on those successor agencies can return property and other assets to the cities if oversight panels …

HUD: Redevelopment of Oak Park Public Housing revitalizes Paso Robles

Located in the heart of central California’s wine country, surrounded by mountains and rolling hills and peppered with hot springs, the city of Paso Robles is home to about 30,000 residents. The northwestern portion of the city includes its historic downtown and Uptown neighborhoods with older infrastructure and buildings.

 NATIONAL HOUSING NEWS

HOUSING WIRE: Freddie Mac: Mortgage rates remain near record lows

By C. Mlynski [11/8/12] // Mortgage rates remained near record lows over the last six weeks, following the October employment report, according to Freddie Mac’s weekly mortgage survey. The 30-year, fixed-rate mortgage averaged 3.4%, with an average 0.7 point. This increased from last week when the average was 3.39%. The 30-year FRM average was 3.99% a year prior.

HUFFINGTON POST: Obama’s Housing Policy: Fix is crucial to President’s Economic Legacy

President Barack Obama secured reelection while managing to talk around one area of economic policy in which experts frequently charge him with failure: managing the national housing crisis.

To subscribe to the email version of Web News visit: http://www.hcd.ca.gov/hpd/news/

Advertisements