Affordable Housing Forum Moved to February 1
State Housing Director to Seek Business Guidance
on Permanent Funding Solutions
OCBC will participate in the first of seven sessions being conducted across the state to address the possibility of a permanent funding source for affordable housing in California. Conducted by Governor Schwarzenegger’s Director of Housing and Community Development, Lynn Jacobs, the information gathered in these sessions will be used to make recommendations to the Administration regarding a course of action on this critical issue.
Director Jacobs’ expressed hope is to engage the broader business and education community, to ensure all voices and all potential approaches are voiced and on the table. OCBC contends that a diverse housing market is critical to the long-term success of Orange County. A broad spectrum of housing products needs to be made available to residents to ensure the ongoing success of the local economy, and as such OCBC is proud to partner with Director Jacobs on this issue.
The event will take place February 1 at the Irvine Hyatt, from 9:00 to 11:00 a.m. For more information on this event please contact OCBC Director of External Affairs Michelle Hart.
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Orange County Housing Trust
Unveils 2007 Progress Report
The Orange County Housing Trust has unveiled its final progress report for 2007, including information from key speakers at the “Housing our Workforce Symposium.” In the report OCBC’s VP of Research and Communications Dr. Wallace Walrod was noted for his research and discussion on the difficulties faced by wage earners seeking affordable housing in Orange County. Dr. Walrod’s comments were echoed by Past OCBC Chairman Peter Villegas of Washington Mutual, who promotes vigilance in advocating for workforce housing across Orange County and beyond.
To read the full report, please click here.
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