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Food System Resilience Loan Program Provides Equitable Access To Financing For Santa Barbara County Food Businesses

Food System Resilience Loan Program Provides Equitable Access To Financing For Santa Barbara County Food Businesses

SANTA BARBARA, CA – The Santa Barbara County Food Action Network (SBCFAN) and the Economic Development Collaborative (EDC) have launched the Food System Resilience Loan Program, a unique financing option for local food businesses that provides an equitable opportunity to access financing, address gaps in our food system, and ensure that their businesses thrive. Many food […]

Six Evergrande Execs Face ‘Severe Punishment’ Over Early Redemptions For Themselves

Six Evergrande Execs Face ‘Severe Punishment’ Over Early Redemptions For Themselves

BY Tyler Durden | ZeroHedge Six senior Evergrande executives are facing “severe punishment” for securing early redemptions for themselves on investment products which the imploding Chinese real estate giant told retail investors they couldn’t repay on time. According to the Financial Times, over 40 group executives had personally invested in its investment products – with six of them securing early […]

Oxnard activist objects to wastewater financing

Oxnard activist objects to wastewater financing

. By Larry Stein re: UTF presentations and Minutes Please note my attachment: Debt Service It pertains to the expected rate to be paid on newly issued bonds of 6%. If we have the projected cash reserves in place prior to issuing new debt, the interest rate should be closer to 4% instead of the projected […]

Treasurer John Chiang is exploring possible program expansion of Green Bonds

Treasurer John Chiang is exploring possible program expansion of Green Bonds

State Treasurer John Chiang on Monday released an initial report on the state’s spending of nearly $300 million in proceeds for environmental purposes, financed by a first-ever sale of “green bonds.” The 2014 general obligation bonds, tax-exempt securities backed by the full faith and credit of the state of California, completely or partially pay for […]

Treasurer Chiang’s Affordable Housing Initiative Moves Forward

Treasurer Chiang’s Affordable Housing Initiative Moves Forward

Two state commissions chaired by California State Treasurer John Chiang on Wednesday gave final approval to regulations that make it easier to tap up to $6.5 billion in previously underutilized, federal government resources. These resources, coupled with major regulatory reform, aim to put a dent in the Golden State’s 1.5 million-unit deficit of affordable housing […]

‘Significant Financings’ or Putting it on the State’s Credit Card

‘Significant Financings’ or Putting it on the State’s Credit Card

Editor’s Note: Make no mistake about it, these bonds and “financings” are putting debt on the State’s Credit Card. One day, they will have to be paid back.  Oh well, like Scarlet, let’s think about that tomorrow.  Treasurer John Chiang oversees several boards, commissions and authorities that award financing, tax credits, grants, loans, and other […]

Simi Valley City Council approves City Fair and Cajun and Blues Festival

Simi Valley City Council approves City Fair and  Cajun and Blues Festival

By Debra Tash July 3, 2013 SIMI VALLEY—The Simi Valley City Council approved financially supporting both the Cajun and Blues Festival run by the Rotary Club of Simi Sunrise as well as the Simi Valley Fair and Music Festival, formerly known as Pioneer Days at its July 1st meeting. The City Council decided that Simi […]