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Housing State Aid

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NEWS
February 18, 1990 | PAUL JACOBS, TIMES STAFF WRITER
An ambitious $200-million program approved by voters eight years ago to help first-time home buyers break into the housing market proved to be a failure and vanished from view, its money unspent and its promise unfulfilled. Yet the message from voters was clear: Nearly 4 million of them agreed to a 1982 bond measure that would establish the Cal-First Home Buyers program and help a new generation of Californians break into the increasingly expensive housing market.
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August 10, 2010 | Michael Memoli, Los Angeles Times
The House of Representatives on Tuesday approved a $26.1-billion package of state aid that would help keep nearly 140,000 teachers nationwide on the job and continue extra funding to provide healthcare services to low-income households during the recession. The final vote was 247-161, largely along party lines. The legislation now heads to President Obama's desk for his signature. House Speaker Nancy Pelosi had called lawmakers back from their August recess to vote on the bill after it advanced from the Senate last week.
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NEWS
February 5, 1988 | From a Times Staff Writer
Residents whose homes were damaged in last October's earthquake will be able to get low-interest state loans within the next two weeks, the Department of Housing and Development announced Thursday. A total of $3.5 million for emergency loans will be distributed among 18 Los Angeles and Orange County communities, with Whittier, the city hardest-hit, slated to receive $525,000 for its homeowner loan program.
CALIFORNIA | LOCAL
January 11, 2001 | Tami Min, (714) 966-7410
The City Council voted Tuesday to approve an application for $400,000 in grant money from the California Department of Housing and Community Development. The money would fund the city's first-time home buyer and rehabilitation programs, aimed at helping current and prospective homeowners. The state allows each qualified household to receive up to $20,000 toward buying a home and making repairs.
CALIFORNIA | LOCAL
May 4, 1991
State officials announced $2 million in loans and grants Friday to construct a 22-unit apartment building in West Hollywood designed primarily to house AIDS patients. Half of the money, in the form of low-interest loans, will come from the Rental Housing Construction Program created by Proposition 107, approved by voters in June, 1990.
NEWS
February 8, 1989 | JAMES RISEN, Times Staff Writer
In an unprecedented attempt by government to aid first-time home buyers, Michigan Gov. James J. Blanchard on Tuesday proposed a state program that would guarantee that young families could save enough to make a down payment on a home. Under the plan, state residents would set aside funds by investing in tax-free state bonds that would pay no interest.
CALIFORNIA | LOCAL
January 31, 1989 | JILL STEWART, Times Staff Writer
Los Angeles officials and homeless advocates are mounting an intense lobbying effort to head off Gov. George Deukmejian's proposal to eliminate funding for the California Housing Trust Fund, which they say would cripple the day-to-day running of shelters for the homeless and "shared housing" programs for the elderly.
CALIFORNIA | LOCAL
January 11, 2001 | Tami Min, (714) 966-7410
The City Council voted Tuesday to approve an application for $400,000 in grant money from the California Department of Housing and Community Development. The money would fund the city's first-time home buyer and rehabilitation programs, aimed at helping current and prospective homeowners. The state allows each qualified household to receive up to $20,000 toward buying a home and making repairs.
CALIFORNIA | LOCAL
October 30, 1996 | TIMOTHY WILLIAMS
Residents of the Top o'Topanga Mobilehome Estates in Topanga received a boost Tuesday to their campaign to buy their trailer park when the Los Angeles County Board of Supervisors agreed to submit the residents' application documents to the state. The homeowners' association, known as Resident Owned and Run Inc., is attempting to obtain low-interest loans from the state's Mobilehome Park Resident Ownership Program to buy the trailer park at 3360 N. Topanga Canyon Blvd.
CALIFORNIA | LOCAL
April 13, 1994 | JEFF SCHNAUFER
A North Hills housing development for senior citizens and low-income families moved one step closer to reality Tuesday when a Los Angeles City Council committee approved a needed zone change. The action by the council's Planning and Land Use Management committee marks the second time in less than a week that city officials have voiced support for the $4.25-million project, which would be built in a vacant lot on Parthenia Street by the nonprofit Los Angeles Community Design Center.
CALIFORNIA | LOCAL
October 30, 1996 | TIMOTHY WILLIAMS
Residents of the Top o'Topanga Mobilehome Estates in Topanga received a boost Tuesday to their campaign to buy their trailer park when the Los Angeles County Board of Supervisors agreed to submit the residents' application documents to the state. The homeowners' association, known as Resident Owned and Run Inc., is attempting to obtain low-interest loans from the state's Mobilehome Park Resident Ownership Program to buy the trailer park at 3360 N. Topanga Canyon Blvd.
CALIFORNIA | LOCAL
April 13, 1994 | JEFF SCHNAUFER
A North Hills housing development for senior citizens and low-income families moved one step closer to reality Tuesday when a Los Angeles City Council committee approved a needed zone change. The action by the council's Planning and Land Use Management committee marks the second time in less than a week that city officials have voiced support for the $4.25-million project, which would be built in a vacant lot on Parthenia Street by the nonprofit Los Angeles Community Design Center.
CALIFORNIA | LOCAL
May 4, 1991
State officials announced $2 million in loans and grants Friday to construct a 22-unit apartment building in West Hollywood designed primarily to house AIDS patients. Half of the money, in the form of low-interest loans, will come from the Rental Housing Construction Program created by Proposition 107, approved by voters in June, 1990.
NEWS
November 28, 1990 | From Times Staff and Wire Reports
The state is offering $28 million in low-interest loans for the rehabilitation and development of rural hotels and rental properties in California. The Department of Housing and Community Development said the funds were approved by the voters in 1988 and 1990 as Propositions 77, 84 and 107. The 20-year and 30-year loans are being offered to commercial and nonprofit developers, owners of rental properties and local government agencies at a simple interest rate of 3%.
NEWS
February 18, 1990 | PAUL JACOBS, TIMES STAFF WRITER
An ambitious $200-million program approved by voters eight years ago to help first-time home buyers break into the housing market proved to be a failure and vanished from view, its money unspent and its promise unfulfilled. Yet the message from voters was clear: Nearly 4 million of them agreed to a 1982 bond measure that would establish the Cal-First Home Buyers program and help a new generation of Californians break into the increasingly expensive housing market.
NEWS
January 11, 1990 | CARL INGRAM, TIMES STAFF WRITER
As runaway housing prices threaten the American dream of homeownership for untold Californians, Gov. George Deukmejian acted Wednesday to prevent the vision from collapsing for many prospective first-time buyers. In a document accompanying his proposed state budget, Deukmejian called for a beefed-up housing program spread over five years that would provide first-timers with $2 billion in loans to acquire a down payment or obtain mortgage interest rates at below-market levels.
NEWS
January 11, 1990 | CARL INGRAM, TIMES STAFF WRITER
As runaway housing prices threaten the American dream of homeownership for untold Californians, Gov. George Deukmejian acted Wednesday to prevent the vision from collapsing for many prospective first-time buyers. In a document accompanying his proposed state budget, Deukmejian called for a beefed-up housing program spread over five years that would provide first-timers with $2 billion in loans to acquire a down payment or obtain mortgage interest rates at below-market levels.
NEWS
November 28, 1990 | From Times Staff and Wire Reports
The state is offering $28 million in low-interest loans for the rehabilitation and development of rural hotels and rental properties in California. The Department of Housing and Community Development said the funds were approved by the voters in 1988 and 1990 as Propositions 77, 84 and 107. The 20-year and 30-year loans are being offered to commercial and nonprofit developers, owners of rental properties and local government agencies at a simple interest rate of 3%.
NEWS
February 8, 1989 | JAMES RISEN, Times Staff Writer
In an unprecedented attempt by government to aid first-time home buyers, Michigan Gov. James J. Blanchard on Tuesday proposed a state program that would guarantee that young families could save enough to make a down payment on a home. Under the plan, state residents would set aside funds by investing in tax-free state bonds that would pay no interest.
CALIFORNIA | LOCAL
January 31, 1989 | JILL STEWART, Times Staff Writer
Los Angeles officials and homeless advocates are mounting an intense lobbying effort to head off Gov. George Deukmejian's proposal to eliminate funding for the California Housing Trust Fund, which they say would cripple the day-to-day running of shelters for the homeless and "shared housing" programs for the elderly.
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