Costa Mesa Decides to Not Pursue Workforce Housing-US News | The Epoch Times

The City of Costa Mesa decided to not pursue a request to create workforce housing for low and middle-income residents at their Oct. 19 council meeting. The request would have enabled the city to purchase 580 Anton Boulevard, a 250 unit complex, near South Coast Plaza for $171 million through government-affiliated bonds with a 35-year property tax waiver, and convert it into affordable housing. “In sum, the high level of risk posed by the $171 million in bonded indebtedness of this property against its current property value, via a public subsidy to produce minimal housing affordability, with fees well in excess of industry norms, are strong reasons not to proceed,” the report reads. One of the biggest concerns with the project has to do with the property tax waiver, given that the project would typically pay $1.7 million per year, with roughly 6 percent going to the county, 11 percent …

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San Diego Moves to Permanently Allow Outdoor Business Operations-US News | The Epoch Times

Thu Oct 28 , 2021
SAN DIEGO—The San Diego City Council tentatively approved on Oct. 26 the Spaces as Places program, which permanently allows outdoor dining and business operations in spaces previously envisioned as temporary during the COVID-19 pandemic. The program opens up outdoor areas for dining, walking, biking, and other activities while providing ways to turn […]

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