Here For You... Senate Bill 9 unpacked and explained. Learn why it needs a little more work before C.A.R. can fully endorse the measure.
Government Affairs
340-Unit Affordable Housing Development – Glendale’s Largest
Glendale’s Largest Affordable Housing Slated for a large parcel just south of the SR-134 freeway. An agreement struck between Glendale officials and two non-profit developers is expected to result in the construction of the largest affordable housing complex in the city’s history. A study found that there are more than 4,322 residential...Continue reading
Redistricting – How It Works
Let’s take this opportunity to talk about the process that will influence elections and representation in California for the next 10 years — redistricting. What Is Redistricting? Who Draws The New District Maps? How Do They Decide Where To Draw The Lines? How CAn I Check On My Congressional/State Senate/State...Continue reading
2nd Foreclosure Crisis? GAD Corner
Would-be homebuyers who are waiting for a surge in foreclosures and for prices to plunge are likely to find themselves facing even higher prices next year. To add potential insult to injury, many forecasts suggest that homebuyers will be facing higher interest rates after the crisis as well. There are...Continue reading
First Time Home Buyers Rent History Can Now Be Used in Risk Assessment
This is a BIG Deal for First-Time Home Buyers! Fannie Mae Will be adding the history of rent payment for the 1st time buyer to its DU (Desktop Underwriter). ““Positive rent payment history” refers to a new feature, effective Sept. 18, which will allow DU to use verification of asset...Continue reading
What are 1031 Like-Kind Exchanges?
1031 Like-Kind Exchanges are critical to America’s economy. Hear the whole story and how eliminating this tax incentive can be bad for your clients and their investments. Like-kind exchanges — when you exchange real property used for business or held as an investment solely for other business or investment property...Continue reading
Glendale Police Are All Out on National Night Out
National Night Out is an annual event that promotes police-community partnership and neighborhood camaraderie to make our neighborhood a safer and more caring place to live. National Night Out is about getting to know your neighbors and the officers that patrol your neighborhoods. By knowing who your neighbors are, you...Continue reading
Say No To A Rental Registry For The City of Glendale
The Glendale City Council is considering the formation of a Rental Registry in our city. Please lend your voice to our cause and oppose the formation of a Rental Registry. This issue is important to Realtors® and their clients because this is just another attempt to chip away at private...Continue reading
Workforce Housing Projects in Glendale and Pasadena Funded Through Cal Cities
Workforce housing properties were acquired by the cities of Glendale and Pasadena from the issuance of more than $481.5 million in tax-exempt Essential Housing Revenue Bonds through the California Statewide Communities Development Authority’s (CSCDA) new Workforce Housing Program. The projects will be converted to rent-restricted units for low and middle-income...Continue reading
L.A. Tenants Have New Protections From Landlords Who Harass Them
After years of debate, the Los Angeles City Council on Wednesday, June 23, 2021, passed an ordinance giving renters new protections from landlords who harass them. The ordinance lists a number of actions that could constitute harassment, including: Reducing the services outlined in a tenant’s lease (for example, taking away...Continue reading