County

CerraCap Cares and Karma Automotive Collaborate to Launch InnoV8, an Innovation Platform to Empower Women-Led Innovation

Retrieved on: 
Friday, February 23, 2024

IRVINE, Calif., Feb. 23, 2024 /PRNewswire/ -- Karma Automotive, an ultra-luxury vehicle manufacturer, and CerraCap Cares, a 501c3 impact fund, have partnered to launch InnoV8, a women-focused innovation platform aimed at fueling, supporting and cultivating solutions in the technology industry. InnoV8 blends the expertise and resources of CerraCap Cares, which is dedicated to education, empowerment and the environment, and Karma Automotive, which specializes in enabling mobility technologies through the delivery of American-designed, engineered and manufuctured ultra-luxury electric vehicles.

Key Points: 
  • IRVINE, Calif., Feb. 23, 2024 /PRNewswire/ -- Karma Automotive, an ultra-luxury vehicle manufacturer, and CerraCap Cares, a 501c3 impact fund, have partnered to launch InnoV8, a women-focused innovation platform aimed at fueling, supporting and cultivating solutions in the technology industry.
  • "We are committed to driving innovation within our segment and within our community," said Karma President Marques McCammon.
  • However, through our CerraCap Cares partnership and the launch of InnoV8, we are able to unlock opportunities to transform industries by empowering our community's most dynamic women entrepreneurs.
  • Karma and CerraCap were introduced as a part of an initiative launched by the City of Irvine and spearheaded by Mayor Farrah N. Khan.

TEAMSTERS RESPOND TO WAYMO APPLICATION SUSPENSION FOR ROBOTAXI OPERATIONS IN LA, SAN MATEO: 'WAYMO EXPANSION SHOULD NEVER HAVE BEEN ON THE TABLE'

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- The Teamsters commend the decision today by the California Public Utilities Commission (CPUC) to suspend Waymo's application to expand its robotaxi operations in Los Angeles and San Mateo counties for a minimum of 120 days or at least until June 2024. The decision comes just one week after Waymo recalled its robotaxi software following two crashes involving Waymo robotaxis in Phoenix, Arizona, in December 2023, and less than one month after a Waymo robotaxi crashed into a cyclist in San Francisco, leading to an investigation by the California Department of Motor Vehicles (DMV).

Key Points: 
  • Autonomous vehicles are not ready for prime time, and do not belong on our streets."
  • "The Teamsters are calling on all California elected leaders to protect their constituents and pass this legislation."
  • Founded in 1903, the International Brotherhood of Teamsters represents 1.3 million hardworking people in the U.S., Canada, and Puerto Rico.
  • Follow us on Twitter @Teamsters and "like" us on Facebook at Facebook.com/teamsters.

CVS Health invests nearly $35 million in affordable housing in Hawai'i

Retrieved on: 
Thursday, February 22, 2024

WOONSOCKET, R.I., Feb. 21, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced its contribution of nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawai'i. Located in Lahaina, Maui and Kapolei, Oahu, the communities will also offer residents supportive social and educational programs tailored to address their specific needs. In addition to other multiple funding partners, these investments support the state of Hawai'i's priorities in early childcare and affordable housing and exemplify the power of public and private collaborations.

Key Points: 
  • WOONSOCKET, R.I., Feb. 21, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS ) today announced its contribution of nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawai'i.
  • In collaboration with Urban Housing Communities, Ikaika 'Ohana, and Hunt Capital Partners, CVS Health invested $17.5 million to help build 200 new affordable housing units at Kaiāulu o Kūku'ia in Lahaina, Maui.
  • With the addition of Kaiāulu o Kūku'ia and Parkway Village, CVS Health has invested $62.2 million in affordable housing across Hawai'i to date, highlighting the company's efforts to advance health equity by addressing social determinants of health at the local level.
  • CVS Health customers contributed over $2 million to our in-store fundraising campaign to support the Maui Strong Fund and the Maui United Way.

Linc Housing and County of Riverside Celebrate Grand Opening of 48 New Affordable Homes in Beaumont for Families

Retrieved on: 
Wednesday, February 21, 2024

BEAUMONT, Calif., Feb. 21, 2024 /PRNewswire-PRWeb/ -- Linc Housing, a nonprofit developer of affordable and supportive housing, and Riverside Community Housing Corp., the nonprofit affiliate of the Riverside County Housing Authority, gathered with new residents, Beaumont Mayor David Fenn, Riverside County Supervisor Yxstian Gutierrez and other partners to celebrate the grand opening of The Blossom, a 48-home apartment community in Beaumont for families earning at or under 30 percent of the area median income for Riverside County. The Blossom joins Liberty Village as Linc Housing's second affordable community in Beaumont.

Key Points: 
  • Linc Housing and Riverside Community Housing Corp., gathered with new residents, Beaumont Mayor David Fenn, Riverside County Supervisor Yxstian Gutierrez and other partners to celebrate the grand opening of The Blossom, a 48-home apartment community in Beaumont for families earning at or under 30 percent of the area median income for Riverside County.
  • BEAUMONT, Calif., Feb. 21, 2024 /PRNewswire-PRWeb/ -- Linc Housing, a nonprofit developer of affordable and supportive housing, and Riverside Community Housing Corp., the nonprofit affiliate of the Riverside County Housing Authority, gathered with new residents, Beaumont Mayor David Fenn, Riverside County Supervisor Yxstian Gutierrez and other partners to celebrate the grand opening of The Blossom, a 48-home apartment community in Beaumont for families earning at or under 30 percent of the area median income for Riverside County.
  • "Nearly half of all families in Beaumont are rent burdened," said Suny Lay Chang, president and chief operating officer, Linc Housing.
  • "The Blossom has affordable rents that allow families to spend less on housing and more on other necessities such as food, healthcare, education and transportation.

Coalition of Advocates for Ceasefire Lobby Metro Washington D.C. Councils

Retrieved on: 
Monday, February 19, 2024

According to the DC/MD/VA Coalition for a Free Palestine, over 48 municipalities across the country have passed resolutions, but so far none near the nations's capitol.

Key Points: 
  • According to the DC/MD/VA Coalition for a Free Palestine, over 48 municipalities across the country have passed resolutions, but so far none near the nations's capitol.
  • Consequently, Israel launched a crushing attack on Gaza that has killed about 30,000 Palestinian civilians, including 12,000 children and teenagers.
  • Councils throughout the region have also heard from advocates for Israel and its priority to eliminate Hamas to ensure against further attacks.
  • Meanwhile the Howard Country Council board, after months of reviewing community action, voted on a ceasefire resolution which failed.

Hundreds of San Francisco City Workers Rallied Against Outsourcing at SF General Hospital

Retrieved on: 
Saturday, February 17, 2024

SAN FRANCISCO, Feb. 16, 2024 /PRNewswire/ -- On Friday, February 16, over 500 San Francisco city workers represented by SEIU 1021, IFPTE Local 21, and other City unions rallied outside of San Francisco General Hospital and Trauma Center to shed light on the dangerous impacts of understaffing. In bargaining with City unions, the City administration has recently rejected demands to prevent wasteful spending on contracting out.

Key Points: 
  • SAN FRANCISCO, Feb. 16, 2024 /PRNewswire/ -- On Friday, February 16, over 500 San Francisco city workers represented by SEIU 1021, IFPTE Local 21, and other City unions rallied outside of San Francisco General Hospital and Trauma Center to shed light on the dangerous impacts of understaffing.
  • In bargaining with City unions, the City administration has recently rejected demands to prevent wasteful spending on contracting out.
  • Photos and videos available for use: https://www.dropbox.com/scl/fo/1x88llbxne5zaweo9z159/h?rlkey=2k9v65ix4au...
    The City spends on average $5.2 billion each year on contracts—and the vast majority of these dollars are awarded to contractors based outside of San Francisco.
  • The Public Employee Committee of the San Francisco Labor Council brings together over 30,000 dedicated public service workers among 26 unions.

TEAMSTERS DEMAND IMMEDIATE INVESTIGATION INTO DEATH OF LOS ANGELES COUNTY WORKER

Retrieved on: 
Friday, February 16, 2024

LOS ANGELES, Feb. 16, 2024 /PRNewswire/ -- The following is a statement from Teamsters Local 911 Secretary-Treasurer Raymond B. Whitmer regarding the tragic death last week of Heather Hughes, an Environmental Health Specialist at the Los Angeles County Department of Public Health, Environmental Health Division:

Key Points: 
  • LOS ANGELES, Feb. 16, 2024 /PRNewswire/ -- The following is a statement from Teamsters Local 911 Secretary-Treasurer Raymond B. Whitmer regarding the tragic death last week of Heather Hughes, an Environmental Health Specialist at the Los Angeles County Department of Public Health, Environmental Health Division:
    "We are heartbroken to hear of the tragic passing of our Teamsters sister Heather Hughes.
  • We demand an immediate investigation by the County of Los Angeles into the circumstances surrounding Heather's tragic death.
  • Teamsters Local 911 represents 369 workers at the Los Angeles County Environmental Health Department.
  • Teamsters Local 911 is an affiliate of the International Brotherhood of Teamsters representing over 8,500 public and private sector workers across Southern California.

MTS and Affirmed Housing Celebrate Groundbreaking of New Transit-Oriented Development

Retrieved on: 
Friday, February 16, 2024

SkyLINE is a remarkable example, and it’s a particularly special project for Affirmed Housing as it serves as our new home, as well,” said Affirmed Housing President Jimmy Silverwood.

Key Points: 
  • SkyLINE is a remarkable example, and it’s a particularly special project for Affirmed Housing as it serves as our new home, as well,” said Affirmed Housing President Jimmy Silverwood.
  • To activate the underutilized land and maximize development potential, Affirmed Housing is engaged in a 99-year lease with the transit agency, MTS.
  • As part of the partnership, Affirmed Housing enhanced the property’s sewer and water systems and worked alongside MTS to meet their current and future parking needs for MTS riders.
  • Affirmed Housing’s partners on SkyLINE include San Diego MTS, Bank of America, Citi Community Capital, Lument Capital, City of San Diego, California Department of Housing and Community Development, County of San Diego, San Diego Housing Commission, Compass for Affordable Housing, HA Builder Group, Architects Orange, and ConAm Management Corporation.

Monarch Casino & Resort Reports 2023 Fourth Quarter Financial Results

Retrieved on: 
Wednesday, February 14, 2024

Despite these factors and ongoing construction disruptions, we grew market share in the fourth quarter of 2023.

Key Points: 
  • Despite these factors and ongoing construction disruptions, we grew market share in the fourth quarter of 2023.
  • The slight decline in hotel revenue in the 2023 fourth quarter reflects increased competitive pressures in Reno.
  • During the 2023 fourth quarter, the Company made $2.5 million in principal payments on its credit facility.
  • Subsequent to the end of the fourth quarter, the Company paid down the remaining principal and currently has no outstanding long-term debt.

Hudson Valley Property Group Acquires 1140-Unit Portfolio Across Maryland & North Carolina

Retrieved on: 
Tuesday, February 13, 2024

ROCKVILLE, Md., Feb. 13, 2024 /PRNewswire/ -- Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, today announced the acquisition of a five-property portfolio spanning 1140 units across the D.C. metropolitan area and North Carolina.

Key Points: 
  • ROCKVILLE, Md., Feb. 13, 2024 /PRNewswire/ -- Hudson Valley Property Group (HVPG) , a leading, national affordable housing preservation company, today announced the acquisition of a five-property portfolio spanning 1140 units across the D.C. metropolitan area and North Carolina.
  • The deal, with total project costs of $208 million, transfers ownership of four properties in Prince George's County and Montgomery County, Maryland, and one property in Gastonia, North Carolina, to HVPG.
  • While the firm has previously undertaken rehabilitation projects in Maryland, the acquisition also represents HVPG's first project in North Carolina.
  • The acquisition and property rehabilitations are financed from Hudson Valley Property Group's latest fund, as well as debt financing from Fannie Mae arranged through JLL.