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Alameda County Launches $50 Million AC Boost Down Payment Assistance Program

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Funded by Measure A1 Affordable Housing Bond, Program expected to help over 350 households purchase their first homes in Alameda County

On March 20,  the Alameda County Board of Supervisors announced the launch of AC Boost, a $50 million countywide down payment assistance loan program funded by the County’s 2016 Measure A1 Housing Bond.

The program offers shared equity loans of up to $150,000 to first-time homebuyers who live, work, or have been displaced from Alameda County. The program is administered by Hello Housing, a local affordable housing nonprofit organization, on behalf of the Alameda County Department of Housing and Community Development.

“I’m thrilled to see this much-needed workforce housing program be offered to our middle-income County residents. AC Boost will be a critical tool in ensuring that we’re able to provide access to affordable and stable housing for teachers, first responders, and other professionals in our community who have simply been priced out of homeownership in our County,” said Supervisor Wilma Chan, Chair of the Board of Supervisors Housing and Homelessness Committee.

Investing in homeownership. AC Boost demonstrates a crucial investment by Alameda County in homeownership, widely considered the primary long-term strategy for building household wealth, which is in turn one of the strongest determinants of health.

 

Benefits of homeownership for individual households include resilience against displacement pressures, the ability to build wealth in the form of home equity, the stabilization of housing and related costs, the pride of ownership, and access to economic opportunities that extend to future generations. At a community level, affordable homeownership has been shown to promote better health and education outcomes, civic engagement, and neighborhood stabilization.

Many decades of government policies promoting racial discrimination, coupled with discriminatory real estate and lending practices, have contributed to the persistence of profound racial disparities in homeownership.

These disparities in turn play an outsize role in perpetuating a staggering racial wealth gap.

  For example, the rate of African American homeownership lags behind the rate of White homeownership by 30 percentage points, a key factor in limiting the median wealth of African-American households to less than 10 percent that of White households.

“Homeownership remains the single greatest way to build wealth in America, yet coming up with the 20 percent down payment needed to break into homeownership requires you already have access to wealth.

AC Boost is designed to eliminate this self-perpetuating barrier, opening up the benefits of homeownership to communities of color who have traditionally been excluded,” said Mardie Oakes, President, Hello Housing.

Program Requirements.

–Eligible buyers must currently live or work in Alameda

County or have been displaced from a home in Alameda County in the last 10 years.

–A preference is available for First Responders and Educators, including licensed childcare providers.

— Loan limits are $150,000 for households that earn less than 100 percent of the Area Median Income (e.g. annual income of $104,400 for a household of four) and $100,000 for households with a median income between 100 percent and 120 percent AMI (e.g. annual income of $125,280 for a household of four).

— Loans are shared appreciation loans, with no interest and no monthly payments.

–Eligible buyers also must be able to provide their own down

payment funds of at least 3 percent of the purchase price and must be qualified for a first mortgage from a participating lender.

— Eligible homes include single family homes, condos, townhomes and live/work units in Alameda County that will be owner-occupied by the buyer within 60 days of purchase.

Application Process.

Interested homebuyers should submit a pre-application on ACBoost.org by April 26, 2019, to be entered into a random lottery. Households with top-ranking lottery numbers will be invited to attend a mandatory workshop, then invited to submit a full application with supporting documentation within 21 days of the workshop.

Full applications will be considered on a “first completed” basis, and conditionally approved applicants have an initial 90 days to enter into a purchase contract.

There is a preference for Educators and First Responders, who will be entered into a preference lottery as well as the general lottery (definitions of those eligible for the preference may be found at https://www.acboost.org/check-eligibility).

Subsequent application periods are expected to be opened periodically until the funds are exhausted. Loan repayments will recycle back into the program to fund new down payment assistance loans.

For more information and full program details:

www.ACBoost.org (510) 500-8840 acboost@hellohousing.org

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City Government

LAO Releases Report on Racial and Ethnic Disparities in California Child Welfare System

Racial inequalities in California’s child welfare system disproportionately impact poor Black and Native American children, according to a report released April 3 by the nonpartisan Legislative Analyst’s Office (LAO). The report, which was presented to the Assembly Subcommittee No. 2 on Human Services — chaired by Assemblymember Corey Jackson (D-Moreno Valley) — states that the proportion of low-income Black and Native American children in foster care is four times larger than other racial and ethnic groups in the state.

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“Racial and ethnic disproportionality and disparities are present within initial allegations and persist at all levels of the system -- becoming the most pronounced for youth in care,” the report states.
“Racial and ethnic disproportionality and disparities are present within initial allegations and persist at all levels of the system -- becoming the most pronounced for youth in care,” the report states.

Racial inequalities in California’s child welfare system disproportionately impact poor Black and Native American children, according to a report released April 3 by the nonpartisan Legislative Analyst’s Office (LAO).

The report, which was presented to the Assembly Subcommittee No. 2 on Human Services — chaired by Assemblymember Corey Jackson (D-Moreno Valley) — states that the proportion of low-income Black and Native American children in foster care is four times larger than other racial and ethnic groups in the state.  Half of the children from each racial group has experienced some level of child welfare involvement before reaching legal age.

Jackson is a member of the California Legislative Black Caucus.

“Racial and ethnic disproportionality and disparities are present within initial allegations and persist at all levels of the system — becoming the most pronounced for youth in care,” the report states.

The disparities have persisted over the last decade across the state, the LAO found, adding that Black children living in poverty are more likely to enter foster care. State data shows that there is a correlation between poverty and foster placement in each county.

“Throughout all levels of the child welfare system, families experiencing poverty are more likely to come to the attention of and be impacted by the child welfare system,” stated the report.

Overall, the report revealed that more than half of the families affected by the state child welfare system earn $1,000 per month, significantly less than the national average of $5,000 a month.

The financial disparities highlighted in the LAO report align with existing research indicating that poverty is among the main factors contributing to the likelihood of child maltreatment. State anti-poverty programs include cash aid, childcare subsidies, supportive housing, and nutrition assistance.

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California Black Media

Commentary: Finding the Right Balance — Addressing Organized Retail Theft While Upholding Civil Liberties

Organized retail theft is a significant issue that impacts both consumers and businesses. While it is crucial to address theft and protect businesses from losses, we should also be mindful of safeguarding individuals’ constitutional rights, particularly the right to due process. AB 1990 by Assemblymember Wendy Carrillo, also known as the STOP Act, raises concerns about the balance between addressing theft effectively and ensuring civil liberties are upheld.

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Assemblymember Tina McKinnor (D-Inglewood)
Assemblymember Tina McKinnor (D-Inglewood)

By Assemblymember Tina McKinnor | Special to California Black Media Partners

Organized retail theft is a significant issue that impacts both consumers and businesses. While it is crucial to address theft and protect businesses from losses, we should also be mindful of safeguarding individuals’ constitutional rights, particularly the right to due process.

AB 1990 by Assemblymember Wendy Carrillo, also known as the STOP Act, raises concerns about the balance between addressing theft effectively and ensuring civil liberties are upheld. This bill allows law enforcement officers to make warrantless arrests for shoplifting offenses not witnessed by the officer, as long as there is reasonable cause to believe the individual committed the crime. This bill has a dangerous potential for overreach and infringes on civil liberties, particularly the right to due process.

While the stated intention behind the STOP Act is to combat organized retail theft and protect businesses, there are valid concerns that this bill is an overreach and that existing law works, if properly enforced by our partners in law enforcement. A petty theft involving property stolen valued at $950 or less may be charged as a felony or misdemeanor (called a wobbler) if the offender has the following prior convictions:  1) at least on prior petty or theft-related conviction for which a term of imprisonment was served, and 2) a prior conviction for a serious or violent offense, for any registerable sex offense, or for embezzlement from a dependent adult or anyone over the age of 65.  A misdemeanor can result in a sentence of up to one year in jail, whereas a felon can mean incarceration for 16 months, two years or three years.  Let’s look at shoplifting in California.  It occurs when a suspect enters a store, while that establishment is open, intending to steal property worth less than $950.  The crime is considered a misdemeanor, punishable by up to six months in the county jail.

Granting officers the authority to arrest individuals based on reasonable cause, without witnessing the crime firsthand, can lead to negative consequences and possible violations of individual rights. Probable cause is the legal standard by which police authorities have reason to obtain a warrant for the arrest of a suspected criminal and for the courts to issue a search warrant. A grand jury uses the probable cause standard to determine whether or not to issue a criminal indictment.  The principle behind the probable cause standard is to limit the power of authorities to conduct unlawful search and seizure of a person or its property, and to promote formal, forensic procedures for gathering lawful evidence for the prosecution of the arrested criminal.  Reasonable cause does not require any of this due process and only requires that an officer reasonably believes that a crime has been committed. It is essential to find a middle ground that effectively addresses organized retail theft without compromising the fundamental rights of individuals.

California’s current laws, including the use of witness statements and surveillance evidence are sufficient for addressing suspected shoplifting and organized retail theft. California Attorney General Rob Bonta recently prosecuted Michelle Mack, a suspected organized smash and grab ringleader who paid twelve women to travel around California and commit over $8 million in retail theft at 21 different stores. AG Bonta used California’s current laws to have the suspect arrested and brought to justice.

The State of California is also making significant investments to address retail theft. Just this past year California invested an additional $267 million to combat organized retail theft. It has been less than a year and our law enforcement partners should have the opportunity to address this recent spike in retail theft crime.

Los Angeles County recently applied for and received a grant for the State of California for $15.6 million dollars to address retail theft enforcement.  LA District Attorney George Gascon also recently formed an organized retail task force that partners with LA County Sheriff’s Department, Glendale, Beverly Hills, Burbank, Torrance and Santa Monica Police Departments to integrate their response to retail theft across the region. These collaborative efforts, such as those seen in initiatives like the organized retail task force in LA County, demonstrate the importance of a united approach to tackling theft while maintaining a balance between enforcement and civil liberties.

As we move forward, it is essential for policymakers, law enforcement agencies, businesses and communities to work together in finding solutions that effectively address organized retail theft without encroaching on individual rights. Ongoing evaluation and a commitment to thoughtful consideration will be crucial in navigating this challenge and fostering a safe and prosperous environment for all. Balancing the scales of justice to protect businesses while upholding civil liberties demands a comprehensive and conscientious approach from all stakeholders involved.

I am confident we can find that balance.

About the Author 

Assemblymember Tina McKinnor (D-Inglewood) represents the 61st District in Los Angeles County, which includes parts of the South Bay, Inglewood, Hawthorne and Lawndale.

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Oakland Post: Week of April 10 – 16, 2024

The printed Weekly Edition of the Oakland Post: Week of April 10 – 16, 2024

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