Monthly Regional news & updates
August | 2022
Shape our Roundtable and Advocacy Agenda!
Regional Leadership
The San Fernando Valley Regional Council plans the Regional Roundtables (discussions on CRE, community, or business issues within the region) and Power Hours, as well as other programs or events for the region.

The region includes portions of LA north of the Santa Monica Mountains up to the Ventura County line and east toward Burbank. It also includes members in the Santa Clarity Valley and the incorporated cities in the San Fernando Valley, including the City of San Fernando.
ERIN HEATH
CBRE
CHAIR
PETER SALAZAR
UG2
CO-CHAIR
Region in Action
Last month, members from the region came together over Zoom to participate in a Regional Roundtable discussion on issues they were dealing with in the San Fernando Valley. A challenging issue for members has been problems connected to the ongoing homelessness crisis in the region. Additionally, members have experienced issues with vandalism and other property crimes. Both have contributed to the challenge of encouraging tenants to return to the office.  

At times, the members' frustration with city policies was palpable. Advocacy staff encouraged members to channel that frustration into making their voices heard directly by the city’s policy makers. Direct action makes BOMA/GLA’s advocacy stronger and unable to be ignored.  

Please join us at the next Roundtable on December 13th so you too can participate in these types of discussions and get to know your San Fernando Valley neighbors better.
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POLITICS AND POLICY
  • New LA City encampment enforcement ordinance prohibits encampments within 500 feet of schools and day-care centers.
  
  • Real Estate Transfer Tax Initiative will be on LA City Ballot this November. Transfer tax rates would rise from 0.45% to 4% for properties sold for $5-10 million and 5.5% for properties sold for over $10 million.  

  • San Fernando Valley area LA City Councilmembers Bob Blumenfield and Monica Rodriguez win re-election outright during June primary election.  

  • The city of LA is developing policies around building decarbonization that may look more like building electrification requirements, including for existing buildings. Conversations remain ongoing, with draft policy proposals expected later this year. 

  • San Fernando Valley State Senator Bob Hertzberg advances to the November election against West Hollywood City Councilwoman Lindsey Horvath for LA County Supervisor District 3.
NEWS
Government Affairs Manager Meets with LA City Councilman John Lee
Our government affairs manager, Blake Perez, had the opportunity to meet with Councilman John Lee and his staff, representing the LA City Council’s Twelfth District. The Twelfth District is in the northwest portion of the San Fernando Valley, including the communities of Northridge and Chatsworth.  

Councilman Lee and his staff heard us out on our issues, especially issues for our members in the San Fernando Valley. Homelessness is a critical issue our members are concerned about addressing immediately. The council member and his staff were sympathetic and acknowledged how troublesome the issue remains. They expressed that difficulty in action lies with getting more council members on board with ideas that will work. They hoped we would continue using our voices to push for more common sense and practical solutions.
WERE YOU THERE?
IYKYK: The CRE Summit and Showcase was phenomenal! Engaging speakers, energetic Associate Members, and a packed house. Watch the highlight reel.
BOMA ON THE FRONTLINE
Regional Drought Restrictions Vary with Approach
With most local water utilities purchasing water from a single source, drought restrictions will look similar across the regions. But it is essential to pay attention to the different approaches the regions will take with implementation. 
BOMA/GLA | www.bomagla.org