CSCDA Issues $80,725,746 in Tax-Exempt and Taxable Bonds
for Silvey Villas at Homestead
The California Statewide Communities Development Authority
(CSCDA) is pleased to announce the issuance of $80,725,746 in
tax-exempt multi-family affordable housing bonds for Vintage at
Lockwood Apartments in Oxnard, California.
CSAC continues to push forward on the AT HOME Plan, and
we need your help. The deadline to pass the state
budget (June 15) is quickly approaching, and CSAC is advocating
for inclusion of the AT HOME Accountability pillar before this
deadline.
At an Imperial County Board of Supervisors meeting on Tuesday,
CSAC Chief Executive Officer (CEO) Graham Knaus thanked the
Supervisors as they voted unanimously to become the first county
to access the
CSAC Grants Initiative (Initiative) annual consulting
package.
The California Statewide Communities Development
Authority (CSCDA)
CSCDA has long been a sponsor of the annual Local Governance
Summer Institute (LGSI) seminar at Stanford
University. LGSI is designed to present the best blend of the
academic and the practitioner worlds to local government
professionals who want to expand their outlook and skill set in
this continually evolving field.
There are a number of important developments related to CSAC’s
advocacy efforts in support of the Accountability pillar of AT
HOME. Most significantly, CSAC has drafted the Accountability
pillar as trailer bill language (TBL) and is advocating for its
inclusion in the 2023-24 state budget. Below are further details
on this and other AT HOME Accountability-related efforts. Please
know that we remain fully immersed on all other aspects of AT
HOME as well, including engaging on bills, budget investments,
and federal efforts that align with all six pillars of AT HOME.
The Institute for Local Government (ILG) promotes good
government at the local level with practical, impartial resources
for California communities. Below is information about upcoming
events of interest to counties. Additionally, ILG releases its
2022 Annual Report.
Upcoming events
Budget Season: How Local Governments Can Build and
Maintain Fiscal Health
On Wednesday, April 12, CSAC and Cal Cities gathered together in
Sacramento County for a historic convening on homelessness.
Joined by state lawmakers, local leaders, and federal officials,
a robust lineup of speakers shared their perspectives on
preventing and reducing homelessness, as well as the roles,
responsibilities, and resources needed to support California’s
most vulnerable residents.
Napa County has become the 16th county to join the
Easy Smart Pay (ESP) program. Taxpayers in Napa County will now
be able to pay their property tax in monthly installments at the
lowest credit card transaction rate in the state. ESP promotes
and ensures easy monthly installment payments and allows
taxpayers to avoid large one-time payments and/or significant
penalties, benefiting both counties and taxpayers.
The CSAC Finance Corporation shares an update on recent endeavors
from the California Statewide Communities Development
Authority (CSCDA) and California Statewide Communities
Development Corporation (CSCDC). CSCDA and CSCDC help
provide local governments and private entities access to
low-cost, tax-exempt financing for projects that provide a
tangible public benefit, contribute to social and economic
growth, and improve the overall quality of life in local
communities throughout California.
Following a four day “Tour of the State,” Governor Gavin Newsom
delivered a
letter to the Legislature this week, fulfilling his annual
duty to report to the Legislature on the condition of the state.
The letter, which was delivered in lieu of a formal speech,
highlights the Administration’s accomplishments over the past
four years and the major policy announcements made on his
statewide tour of California.
After successfully distributing funds to nearly 13,000 eligible
homeowners statewide, the
California Mortgage Relief Program has expanded to assist
even more homeowners who have struggled with housing payments due
to the impact of the COVID-19 pandemic.
CSAC Platinum Partner, DRC Emergency Services, is a trusted
partner to the CSAC community.
DRC’s natural disaster response and recovery services may be
critical for many of our Counties impacted by the intense
atmospheric river storm events that our State has experienced. If
your County has experienced flooding, especially flooding of
homes or commercial buildings, disaster debris removal and
management services are imperative.
