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News : Displaying 1644-1663 of 2425

East Palo Alto seeks to revise its rent-control law
by Gennady SheynerPalo Alto Online
City to host meeting tonight to discuss new ordinance, which is headed for June 8 ballot

S.D. could require multifamily water meters
by Mike LeeSan Diego Union-Tribune
March 8th, 2010
The San Diego City Council is expected to pass a proposed ordinance that would require separate water meters for each unit in multi-unit housing. According to the article, Studies indicate that renters cut their water use by 15 percent to 39 percent if their water charges aren't folded into their overall monthly bill.

Page Mill Properties Go Back To Bank
by Sharon SimonsonThe Registry
March 5th, 2010
A bold redevelopment play in East Palo Alto spearheaded by Bay Area developer David Taran and funded by CalPERS, has reached its anticipated end: The bank has foreclosed on the 101-property portfolio.

Future of E. Palo Alto settlement talks uncertain
by Jessica Bernstein-WaxSan Jose Mercury News
March 4th, 2010
Settlement talks aimed at resolving about 10 active lawsuits between East Palo Alto and predatory landlord, Page Mill Properties are now in limbo after Wells Fargo Bank assumed ownership of the company's roughly 1,800 rental units in the city, officials said Wednesday.

Where landlords, developers, and cars are king
San Francisco Bay Guardian
March 3rd, 2010
According to the editors of the Guardian, the Ellis Act has been responsible for thousands of San Franciscans losing their homes — and a new twist has been developing in the city's Chinatown-North Beach neighborhood.

Census seeks the 'hard to count'
by Kendall WrightPatterson Irrigator
March 3rd, 2010
The U.S. Census Bureau considers renters among the hardest groups to accurately count.

Wells Fargo aquires half of East Palo Alto rentals
KGO-TV San Francisco
March 3rd, 2010
About half the rental housing in East Palo Alto - some 1,800 units formerly owned by Page Mill Properties - has moved into the hands of Wells Fargo as a result of a foreclosure auction Tuesday.

Wells takes over East Palo Alto portfolio
San Francisco Business Times
March 3rd, 2010
Wells Fargo & Co. took title to 101 properties in East Palo Alto through trustee sales on Tuesday. The previous owner was Page Mill Properties, which bought the complex for just under $270 million. Wells Fargo has bid the property at $142 million.

Disaster loans available for Laguna Woods residents
by CLAIRE WEBBOrange County Register
March 2nd, 2010
Renters affected by recent flooding due to winter storms can take advantage of federal disaster loans through the U.S. Small Business Administration. Renters are eligible to apply for loans to replace a loss of personal property including cars.

Wells Fargo now biggest East Palo Alto landlord:
Bank becomes city's biggest landlord after foreclosure auction attracts no bids

by Gennady Sheyner Palo Alto Online
March 2nd, 2010
Wells Fargo took ownership of more than 1,800 housing units in East Palo Alto's Woodland Park neighborhood Tuesday afternoon, officially becoming the city's largest landlord.

Wells Fargo becomes East Palo Alto's largest landlord
by Shaun BishopSan Jose Mercury News
March 2nd, 2010
Wells Fargo became East Palo Alto's largest landlord on Tuesday, assuming ownership of about 1,800 rental housing units after no one bid on any of the properties at a foreclosure auction.

Newsom Criticizes Rent Measure on Ballot
by Barbara TaylorKCBS Radio
March 2nd, 2010
San Francisco Mayor Gavin Newsom is launching an early campaign against a rent control measure on the June 8 ballot that would prevent landlords from raising rents in cases where the tenant is experiencing economic hardship.

Newsom can't win them all
by Heather KnightSan Francisco Chronicle
March 2nd, 2010
San Francisco mayor Gavin Newsom has sent a letter to the Board of Supervisors asking them to remove a ballot measure that would make it easier for tenants to defer rent increases if they've seen their wages cut or experienced other financial hardship.

Daly Pens Letter Urging Support of Tenant Financial Hardship Measure
by Luke Thomas Fog City Journal
March 2nd, 2010
In a letter addressed to his colleagues on the San Francisco Board of Superviosrs, Chris Daly today urged continued support of a June ballot measure proposal that aims to provide tenants most impacted by the recession temporary relief from rent increases.

A real fix for the poorest victims of the foreclosure crisis: reauthorization of the Legal Services Corporation
by Emily Savner, research associate at the Brennan Center for Justice at NYU School of LawThe HIll
March 1st, 2010
Legislation recently introduced in Congress would reauthorize and revitalize the Legal Services Corporation, the federal body charged with distributing federal dollars to local, non-profit civil legal services programs nationwide.

Appellate court: E. Palo Alto won't have to pay $472K
by Jessica Bernstein-WaxSan Jose Mercury News
March 1st, 2010
East Palo Alto won't have to pay its biggest former landlord, Page Mill Properties, nearly $500,000 in attorneys' fees after the California Court of Appeal reversed a trial judge's 2009 ruling.

Fannie’s Lawyers Falsely Certify Compliance With PTAF in eviction context
by Robert Doggett, Texas RioGrande Legal
February 28th, 2010
This article is another detailing Fannie Mae’s refusal to adequately implement the Protecting Tenants at Foreclosure Act.

Fannie itself won’t certify compliance with PTAF – slows program to stabilize neighborhoods
by Robert Doggett, Texas RioGrande Legal Aid
February 26th, 2010
According to Legal Aid lawyer, Robert Doggett, Fannie Mae is not complying with the Protecting Tenants at Foreclosure Act.

A brutal 2 years for those in CalPERS
by Andrew RossSan Francisco Chronicle
February 26th, 2010
The SF Chronicle covers the story of CalPERS' failed predatory equity investments with Page Mill Properties in East Palo Alto and Tishman Speyer / BlackRock in New York. Assemblyman Tom Ammiano has introduced a bill to prevent future such investments with public pension funds.

Evictions spark responsible investment legislation
by  Emily Holding San Diego New Room
February 25th, 2010
Assemblyman Tom Ammiano (D-San Francisco) has recently introduced the Socially Responsible Investment Act (AB 2337). The bill would prohibit the California Public Employees’ Retirement System (CalPERS) and the California State Teachers’ Retirement System (CalSTRS) from investing in predatory schemes that evict tenants.

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