Author name: Ricky Vasquez

Costa Mesa okays 2,300 homes as California pursues its lawsuit

For years, California Gov. Gavin Newsom threatened to sue cities that didn’t adequately update their plans for new housing or slow-walked the adoption of new reforms. They weren’t idle threats. He’s followed through, with the latest round coming in July. Orange County’s Costa Mesa was among five municipalities sued for missing deadlines to plan for […]

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Two competing Chicago rent ordinances head for a showdown

Chicago’s City Council is weighing competing rewrites of the city’s four-decade-old rental rules, setting up a fight over renter protections, landlord costs and the city’s housing-production strategy. Mayor Brandon Johnson’s Protecting Renters Ordinance, known as PRO, and the rival Fair and Accountable Illinois Rental Ordinance, or FAIR, advanced from separate city council committees last week.

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HouseCanary bankruptcy gets first day court approval

HouseCanary received U.S. Bankruptcy Court approval for its first-day motions and access to debtor-in-possession financing, allowing the company to continue normal operations while it moves through its Chapter 11 reorganization, according to an announcement from the company Thursday evening. HouseCanary filed for chapter 11 bankruptcy protection on Tuesday seeking to prevent an undisclosed lender from

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