Dec. 9, 2016
Issue #100

Editor's Note

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2017-18 Legislature Sworn In, Senate Introduces Package of Infrastructure and Housing Bills

The Capitol was busy on Monday, Dec. 5. Members of the 2017-18 Legislature came to town to be sworn in and quickly got to business introducing a record number of bills for a first day. Along with the usual ceremony and celebrations, legislators also passionately debated resolutions on immigration.

Assembly, Senate, Legislation, Housing, Transportation
 

Sens. Atkins and Beall Introduce Key Affordable Housing Legislation

League of California Cities Strongly Supports Both Measures

The League of California Cities® applauds the Senate’s introduction of a meaningful and proactive infrastructure funding package that includes affordable housing. As part of the “California Rebuild” legislative package, Sen. Toni Atkins (D-San Diego) introduced SB 2, The Building Homes and Jobs Act. This measure establishes a permanent source of funding for affordable rental or ownership housing, supportive housing, emergency shelters, transitional housing and other housing needs via a $75 recordation fee on real estate transaction documents. It is estimated that this fee will generate hundreds of millions of dollars annually for much needed housing.

Senate, Assembly, Legislation, Affordable Housing


CalPERS Board Eying Discount Rate Reduction (Assumed Rate of Return)

With Potential Action as Soon as Dec. 20, Cities Encouraged to Share Concerns and Comments with CalPERS and the League

CalPERS reported another year of low annual investment returns in July 2016. Due to volatile financial markets and challenging global economic conditions, the country’s largest pension fund reported 0.61 percent net return on investments — well below the assumed rate of return of 7.5 percent. Of additional concern, overall CalPERS pension funded status recently dropped from 73 percent funded to 68 percent.

Pensions, Employee Relations, Meetings and Events
 

Informational Briefing: Housing —  What to Expect During the 2017 Legislative Session

Free Webinar for Members

Addressing the housing affordability challenges facing California is a top priority for the League of California Cities® and the Legislature. Join League Legislative Representative Jason Rhine and Interim Acting Executive Director Director Dan Carrigg for a webinar being held Dec. 15 from 2 to 3 p.m. regarding pending housing related legislation and what to expect when the Legislature reconvenes on Jan. 4.

Legislation, Housing, Meetings and Events, Action Item
 

Community Health Partnerships Resource Center Now Available

ILG recently launched an online Community Health Partnerships Resource Center with tools for local officials and staff interested in using collaborative approaches to address community challenges.

Institute for Local Government
 

League-Sponsored Bond Agency Issues $11 Million in Tax-Exempt Affordable Housing Bonds in Vacaville

Some of the most significant benefits of League membership for cities since 1988 have flowed from the League’s co-sponsorship of the California Statewide Communities Development Authority (CSCDA).

Financial Solutions for CA Cities
 

California City Solutions: Manhattan Beach Creates A Healthy Community by Committing to Blue Zones Project

This story is part of an ongoing series featuring Helen Putnam Award entries. The 2016 entries are available on the League’s website as a resource for cities in a searchable database called California City Solutions. The Manhattan Beach Blue Zones Project was submitted in 2016 for the Health and Wellness Programs award category.

CA City Solutions, Helen Putnam, Health and Wellness
1400 K Street ■ Sacramento, CA 95814 ■ (916) 658-8200
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