Rocklin City Manager Speaks to Placer Builder/Developer Council
Recently City Manager Steve Rudolph updated the Placer BDC regarding City of Rocklin issues, including single-family permit issuances through March, which were only 50% compared to previous years. Additionally, Rocklin's circulation element will be presented to their Planning Commission on April 30th. Rudolph stated that Rocklin is feeling pressure from Governor Newsom tying SB1 funding to RHNA numbers like many other jurisdictions in the region which would likely come to a head for Rocklin in early summer.
Placer County Board of Supervisors Appoints New District 5 Supervisor
Placer County's board unanimously voted Cindy Gustafson to fill the District 5 vacancy left by Supervisor Montgomery, who accepted an appointment to serve as Governor Newsom's Forest Management Task Force. Supervisor Gustafson officially began her term on April 22nd and will serve till the end of 2020.
Statewide Community Infrastructure Program (SCIP) 2019B Applications Due May 1st
California Statewide Communities Development Authority's (CSCDA) first annual issuance of SCIP pooled financing Bonds is underway for 2019. There are currently 17 participating projects, all new single-family or multi-family residential developments located throughout 8 different counties in California. The anticipated size of the bond issue is between $40 and 45 million in par amount, planned to price this April and close in May. CSCDA is accepting applications through May 1st for the Statewide Community Infrastructure Program's Annual Fall "Series B" financing, expected to price in August and close in September 2019. The application to do so is found