Sen. Dave Cortese of San Jose began pushing for the audit after touring a massive homeless encampment on vacant land near the San Jose Mineta International Airport. San Jose will be one of two cities targeted by the audit.
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California Approved $300M in State-backed Home Loans — Who Got the Money?
A new loan program for first-time home buyers only served a couple thousand borrowers, most of them white, non-Latino and living in the Sacramento area.
FDIC Says Agreement By SVB To Invest $11B in Communities Died with Bank
The March 27 purchase by First Citizens Bancshares of all assets and liabilities of the failed Silicon Valley Bank did not include a community reinvestment pledge signed by SVB in 2021 as part of an acquisiton of Boston Private Bank.
Gordon E. Moore, Silicon Valley Pioneer and Intel Co-Founder, Dies at 94
In the 1960s the San Jose State grad predicted the rapid advances in computer chip technology, which became known as the iconic Moore's Law, charting a course for the age of high tech.
Mayor Mahan Takes His Budget Case to the Public Before Council Showdown
How to spend approximately $1.5 billion in 2023-24 will be the first big test of political power for the mayor.
Fentanyl Overdoses at Elmwood Jail Prompt Sheriff to Begin Investigation, Add More Searches
To combat the presence of fentanyl in the correctional facility, Jonsen said he has taken “extraordinary” measures, including conducting multiple facility searches, more frequent welfare checks and numerous K-9 searches.
California Announces San Jose Will Receive 200 Tiny Homes to Ease Homelessness
Tiny homes from the state will help the City of San Jose reach Mayor Matt Mahan’s ambitious goal of sheltering 1,000 unhoused residents by the end of the year.
As Emergency Aid Flows to Flooded Communities, Will Thousands Be Left Out?
Gov. Gavin Newsom said $600 United Way checks are on their way to flood-affected farmworkers regardless of their immigration status — but he did not commit state funds to either undocumented workers or cannabis businesses, both of which don’t qualify for federal emergency aid.
San Jose, San Francisco Trail Other Metro Areas in Post-Pandemic Economic Recovery
San Jose and San Francisco scored well in just one category -- investment -- with the San Jose metro area attracting the most venture capital funding of the 25 measured regions. San Francisco ranked eighth, near Philadelphia and New York.
Week Begins with More Snow in the Hills, Rain and Thunderstorms in the Valley
Wind gusts are expected to reach 40 to 50 mph, with blowing snow and reduced visibility in the higher elevations.
Is Ending Homelessness in California Just a Matter of Money?
The political debate over California’s highest-in-the-nation homelessness has boiled down to money with Gov. Gavin Newsom and local officials at odds.
Mayor Mahan’s Community Committees Propose 2023 Budget Goals
Building more emergency housing, adding more cops on the streets, expanding neighborhood cleanups and speeding up the permit process are key recommendations from advisory committees created last month by San Jose Mayor Matt Mahan. The mayor’s office today announced the recommendations released by the five “transition committees” he launched in January identifying approaches to solve what he calls the city’s most significant challenges. They are to be presented to the City Council Tuesday.
California Helps Homeowners by Expanding Mortgage Relief
The state is expanding mortgage relief to more California homeowners who are struggling through the pandemic. The program now covers second mortgages and loan deferrals, with a maximum total grant of $80,000.
Meet San Jose’s New City Council: Six New Faces, More Diverse, Fewer Women
The city’s shifting demographics, a continuing affordable housing shortage, endemic homelessness, a looming budget deficit and the reality of five council elections – plus another mayoral ballot – in just two years create additional uncertainties.
Work-from-home Patterns Continue Post Pandemic, Threatening BART Deficits
Without additional revenue from fares, new taxes or some other source, BART is on track to run out of pandemic-era emergency relief funding by mid-2025.
Arjun Batra Is New District 10 San Jose Council Member
Arjun Batra led on all three ballots during the council selection process, which required a two-thirds majority to win.
