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A proposed multi-billion regional bond signals a shift in how Bay Area affordable housing is funded

Published Fri, 27 Dec 2024 10:13:53 GMT

A renewed push to tackle the Bay Area’s housing crisis at a regional level is underway, and it could be the solution for cities and counties tapped out of local funds for affordable housing.The Bay Area Housing Finance Authority, or BAHFA, was created in 2019 to address the area’s housing shortage. It’s a first-of-its-kind financing authority in California that has coalesced as advocates and state leaders move to take a more regional approach to combat the state’s housing-affordability problems.A recent report from BAHFA and Enterprise Community Partners found that there’s a $7.6 billion gap in public financing that needs to be filled in order to unlock nearly 33,000 new homes in the Bay Area.The organization is currently helping oversee a potential housing bond for the November 2024 election that could bring in $10 billion to $20 billion for affordable housing in the Bay Area, depending on the amount key players decide to pursue.That could mean as much...

Series of smaller earthquakes hit near Pacifica

Published Fri, 27 Dec 2024 10:13:53 GMT

(KRON) -- A series of magnitude 2.6 to 3.5 earthquakes hit about near Pacifica Tuesday morning, according to the United States Geological Survey. The first quake hit just after 6 a.m. It had a depth of almost 6 miles with light shakes reportedly felt down the Peninsula, parts of the East Bay and as far south as Santa Cruz, according to the USGS's Did You Feel It? reports.A 3.5-magnitude earthquake was the first in a series of small earthquake to hit near Pacifica. (United States Geological Survey)The second and third earthquakes hit at 6:03 a.m. and 6:04 a.m., according to the USGS. The USGS reported both as 2.6-magnitude quakes.Small earthquakes in the Bay Area this morning. Felt like someone was shaking my car. After working in the Midwest for two years, I forgot what they felt like and just got used to tornadoes and blizzards.👀 ❄️ 🌪️ None are fun, be safe everyone!— Michael Thomas (@michaeltnews) March 28, 2023Several viewers told KRON4 they felt its impacts, but no damage ...

Posters near Vatican urge pope to stop Latin Mass crackdown

Published Fri, 27 Dec 2024 10:13:53 GMT

ROME (AP) — Posters calling on Pope Francis to stop his crackdown on the old Latin Mass were plastered around the Vatican on Tuesday, in the latest display of conservative opposition to the pontiff.The posters featured images of Pope Benedict XVI and St. John Paul II and quoted from their texts speaking positively about the old rite, which Francis has sought to restrict.“For the love of the pope. For peace and unity of the church. For the free practice of the traditional Latin Mass,” the posters read.They were referring to Francis’ decision in 2021 to overturn one of Benedict’s signature liturgical decisions and reimpose restrictions on celebrating the old Mass. Francis said he had to act because the spread of the old rite was dividing parishes. He said Benedict’s decision to liberalize its use in 2007 had been exploited by people opposed to the modernizing reforms of the Second Vatican Council, the 1960s meetings that allowed for Mass in the vernacular, not just Latin.The poster in...

Russia convicts father of teen who drew antiwar pictures

Published Fri, 27 Dec 2024 10:13:53 GMT

TALLINN, Estonia (AP) — A Russian court on Tuesday convicted a single father over social media posts criticizing the war in Ukraine and sentenced him to two years in prison — a case brought to the attention of authorities by his daughter’s drawings against the invasion at school, according to his lawyer and activists.The case of Alexei Moskalyov, who was indicted and tried in his hometown of Yefremov, about 300 kilometers (about 186 miles) south of Moscow, has drawn international attention and is a grim indication that the Kremlin is intensifying its crackdown on dissent, targeting more people and handing out harsher punishments for any expression of criticism of the war.In a twist to the case, the 54-year-old Moskalyov fled house arrest overnight, court officials said, and wasn’t present for the outcome of his trial. He had been wearing a bracelet that tracked his movements but apparently had taken it off.Moskalyov was accused of repeatedly discrediting the Russian army, a cr...

Ibrahimovic injured again, misses Sweden vs Azerbaijan

Published Fri, 27 Dec 2024 10:13:53 GMT

STOCKHOLM, Sweden (AP) — Zlatan Ibrahimovic missed Sweden’s match against Azerbaijan in European Championship qualifying on Monday because of injury.Sweden coach Janne Andersson didn’t disclose the precise nature of Ibrahimovic’s problem when confirming the AC Milan striker’s absence ahead of the game.“It’s really frustrating for him and really frustrating for us. Unfortunately, that’s where we are,” Andersson said of Ibrahimovic, who made his first national team appearance in a year on Friday in the 3-0 loss to Belgium.Ibrahimovic has recently returned to fitness after nearly eight months out with a knee injury.Milan plays Napoli in the first leg of the Champions League quarterfinals on April 12.___More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_SportsSource

Analysis: Ravens are Lamar Jackson’s best, only option

Published Fri, 27 Dec 2024 10:13:53 GMT

PHOENIX (AP) — Lamar Jackson’s frustration over contract negotiations reached a boiling point when he announced Monday that he has requested a trade from the Baltimore Ravens.Staying in Baltimore might be his best and only option.“We made a decision to go with Lamar Jackson five years ago,” Ravens coach John Harbaugh said Monday at the NFL owners meetings in Phoenix soon after reporters informed him that Jackson revealed he asked for a trade on March 2. “Why? Because we love him. We love the way he plays. We love his mindset. We love his charisma, his style. The way he is in the locker room. Everything about him, we love him. I love him personally. I love being the coach of the team he’s playing for. That’s what you do. You build a team around your players, and that’s what I’m excited to do.”If the two sides can’t agree on a long-term deal by July 17, Jackson could play this season on the $32.4 million franchise tag.The 2019 NFL MVP hasn’t generated any interest in free agency...

Mexico president: Migrants set fire to mattresses in immigration center in protest after learning they would be deported

Published Fri, 27 Dec 2024 10:13:53 GMT

MEXICO CITY (AP) — Mexico president: Migrants set fire to mattresses in immigration center in protest after learning they would be deported.Source

An Arlington house is an average 173% more than an Arlington condo

Published Fri, 27 Dec 2024 10:13:53 GMT

There are markets across the country where the average price of a single-family house is less than the average price of a condo, but Arlington, Virginia, is most definitely not one of them.Real estate site Point2Homes reports the median selling price for a single-family house in Arlington County is $1.132 million, compared to the median price of a condo of $415,000, a difference of 173%. Arlington ranks second in the nation for the difference, behind only Bellevue, Washington, where the difference is 185% ($1.525 million versus $535,000).More Business and Finance NewsMore Local NewsIn the District, the median price of a single family home of $727,000 is 64% more than the median price of a condo, $443,000.Houses actually sell for less than condos in a handful of cities including Detroit (75%), Akron, Ohio (39%) and Cleveland (36%), according to Point2Homes.Point2Homes used the price spread in 150 cities and suburbs to determine how much extra income it would take for condo owners to ...

US makes corporate transparency commitment with 20 nations

Published Fri, 27 Dec 2024 10:13:53 GMT

WASHINGTON (AP) — Treasury Secretary Janet Yellen will announce America’s commitment to enhancing corporate transparency along with more than 20 other countries at the Summit for Democracy on Tuesday.While the Biden administration is already pursuing regulations to establish a new database on small business ownership, the commitment to be announced Tuesday morning promises to maintain that database, known as the beneficial ownership registry, and ensure that law enforcement will have access to the registry, and that individuals’ personal data will be protected, among other things.The registry will contain personal information on the owners of at least 32 million U.S. businesses as part of an effort to combat corruption.Colombia, Malta and Japan are some of the countries included in the commitment. “Unmasking shell corporations is the single most significant thing we can do to make our financial system inhospitable to corrupt actors,” Yellen said in prepared remarks to be deliv...

Armed suspect arrested after barricade situation lasting more than 8 hours

Published Fri, 27 Dec 2024 10:13:53 GMT

BOULDER, Colo. (KDVR) — A shelter-in-place was issued for a barricaded armed person who was inside a north Boulder home for several hours. According to the Boulder Police Department, officers were called to an armed person who barricaded themself inside a home near 17th Street and Yarmouth Avenue in the North Broadway-Holiday neighborhood. BPD originally tweeted about the incident at 12:05 a.m. Officers said the individual broke into the home and no one else was inside at the time. Loved ones of East High shooting suspect speak out After more than eight hours, the suspect was taken into custody without injury and was booked on multiple felony chargesA shelter-in-place was issued to those in the surrounding areas. The shelter-in-place was lifted at around 8:30 a.m.Officers were asking everyone to avoid the area.