California Legislature Approves Fast-Track Housing Aid Plan
California legislators in a special session ordered by Gov Brown moved to create a state housing authority and issue 450 million in bonds for low interest loans. The plan aims to fund about 100 new rental units yearly, secure 1 billion in federal rent subsidies, and speed passage within six weeks.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Brown
California
Ronald Reagan
New Housing Agency
Arlen Gregorio
D-San Mateo
Senate passes welfare tax aid bill in California
The Senate approved an emergency measure to extend the homeowner property tax exemption to welfare recipients, sparing them tax on the first 1,750 of assessed value. Sponsor Sen. Nicholas Petris said the plan costs about 18 million dollars yearly and would apply this year if enacted quickly.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Senate
California
Nicholas C. Petris
Oakland
Assembly
Ronald Reagan
James E. Whetmore
Buena Park
Petris
California veterans loan limits proposed to rise
California veterans could gain higher Cal Vet loan limits under a bill by Sen. John Dunlap. The measure would raise Cal Vet home loans from $25,000 to $30,000 when the loan represents 95 percent of market value, and to $35,000 if the loan is at least 0 percent of market value.
MENTIONED IN THIS ARTICLE
Sacramento
California
Dunlap
Also Mentioned on This Page
James R. Mills
Dsan Diego
Leo T. McCarthy
San Francisco
Peter Chacon
San Diego
George Zenovich
Fresno
George Moscone
Moscone
Paramount
Alondra
Wilmington
Fwy
Firestone
Downey Blvd
Rosecrans
Santa Ana
Fay
Smyth
Smyth-Greyhound Fine Service
Crecte
Atlantic Ave
Long Beach
Sen
John Dunlap
Dnapa
Prathy
First Federal Sarvices
E. Ocean Ave
Ximeno Ave
Beach Branch
Texaco
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