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GOVERNOR NEWSOM SUMMONS LOCAL WATER LEADERS DEMANDING AGGRESSIVE RESPONSE TO ONGOING DROUGHT
The State Water Resources Board Responds with Strict Measures
At meeting with the state’s largest urban water suppliers at the end of May, Governor Newsom called for an increase in water conservation. At the meeting, which included the state’s largest urban water suppliers serving nearly two-thirds of Californians, the Governor implored water suppliers to take more aggressive actions to combat drought and better engage customers to ensure all Californians are conserving water.
After the last drought, local water agencies pushed for greater flexibility on water conservation and drought response based on regional needs and water supplies, arguing that tailored local approaches would be more effective than statewide mandates. While Governor Newsom had embraced this localized approach, he now has voiced concerns about poor conservation levels throughout the state and called on all water agencies to increase efforts to reduce water usage. Governor Newsom warned that if this localized approach to conservation does not result in a significant reduction in water use statewide during summer, the state could be forced to enact mandatory restrictions. The likely outcome: higher water costs and installation of expensive water saving devices.
Following the Governor’s meeting with the water agencies, the State Water Resources Control Board voted unanimously to implement a statewide ban on watering of non-functional turf in the commercial, industrial, and institutional sectors, as well as regulations requiring local agencies to implement water use restrictions amid the possibility that water
supplies may be up to 20% lower due to extreme weather.
CALIFORNIA PROPOSED FUNDING FOR HOMEOWNERSHIP
Billing Dollars of Taxpayer Funds to be Invested in Down Payments
Under a proposal circulating in Sacramento, homebuyers will no longer need to rely on “mom and dad” nor borrow from their 401(k) Plan! California Legislators are proposing to let taxpayers undertake the role of generous parents and wealthy relatives. Under a recent proposal, a multi-billion-dollar fund would be created and launched within the latest state budget. The funding would provide first-time buyers either all of the money they need for a down payment or very close to it, depending upon qualifications, and in exchange, the new homebuyers would make California their partner by giving up partial ownership stakes in their properties.
The proposal is being put forward by state Senate President Pro Tem, Toni Atkins, to encourage homeownership despite California’s ever-increasing property values, and to broaden and extend home
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APARTMENT MANAGEMENT MAGAZINE - JULY 2022 CS-3