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California is the 6th largest economy in the world. We're the global hub of innovation and the largest farm state in the country. We're creating jobs and driving the nation's economy. "
- US
Senator Dianne Feinstein
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Media Highlights
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LA County leaders approve millions for more than 500 affordable homes, but say it's not enough to keep pace with homelessness,
February 20
LA County leaders seek a plan to boost the supply of affordable housing,
February 20
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Inclusionary Housing Laws Proposed for LA County Could Worsen Housing Crisis
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On Tuesday, the Los Angeles County Board of Supervisors introduced a motion to instruct the Department of Regional Planning to prepare four ordinances related to housing. VICA commends the work the County is doing to help address the housing crisis, but voiced strong concerns about a potential inclusionary housing ordinance. Incusionary housing policies require a certain percentage of units to be set aside as affordable housing, meaning the cost of market-rate units is increased to subsidize the affordable units. Inclusionary housing will make it even more expensive to build housing in Los Angeles, restricting the supply and making housing even less affordable for working families. Los Angeles County is in dire need of more housing, but inclusionary housing threatens to undermine efforts that will help address the housing crisis. At the hearing, VICA urged the Board of Supervisors to fully consider the impact that policy decisions such as this could have on overall housing production.
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Assembly District 39 Forum
Join VICA for a special Newsmaker Connection as the top candidates for Assembly District 39 gather to discuss issues affecting businesses across the San Fernando Valley. This special Election Forum will provide members with the unique opportunity to meet, listen and speak with the AD 39 contenders.
Tuesday, March 6, 2018
8:30 - 10 a.m.
VICA Office- 16600 Sherman Way, Suite 170, Van Nuys
CONFIRMED SPEAKERS
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Feedback on draft City Economic Development Strategy
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The City of Los Angeles Economic and Workforce Development Department has prepared a draft Citywide Economic Development Strategy and Five-year Implementation Plan. The Strategy addresses a range of goals and objectives including: robust economic growth for the City's residents; enhanced economic competitiveness for businesses and industry sectors; broadly-shared prosperity and wealth; and access to opportunity. Your feedback is critical to help the City identify the importance of various business, workforce, and community issues, as well as actions that the City's economic development strategy should prioritize. Complete the City's survey to make sure the Valley's business concerns are heard.
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VICA Welcomes New Members
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Today, VICA hosted a 'New Members Breakfast' attended by over 30 new members. The meeting, catered by new member
Sweet Lady Jane, provided an overview of VICA's services for members, annual events, legislative advocacy process and also provided an opportunity for members to network. VICA Vice Chair Ross Pendergraft (
Leavitt Group) and Ambassador Committee Chair Matt Swearman (
Child360) gave welcoming remarks and spoke about the professional and personal benefits they have enjoyed as part of their VICA membership. New members represent the diversity of the industries that help drive economic growth in the Valley and throughout Los Angeles, including educational institutions, manufacturers, restaurants, financial and insurance services, and many more.
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FRIDAY, MARCH 9, 2018
5:30 - 8:30 p.m.
The Globe Theatre at
Universal Studios Hollywood
Don't miss this opportunity for Valley business leaders to connect with state lawmakers in an informal and fun setting, during our Annual State Officeholders Dinner.
CONFIRMED SPEAKERS:
(as of 2/23)
SENATORS
Ben Allen
Steven Bradford
Kevin de Leon
Bob Hertzberg
Holly Mitchell
Josh Newman
Henry Stern
BOARD OF EQUALIZATION
Jerome Horton
Fiona Ma
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ASSEMBLYMEMBERS
Dante Acosta
Heath Flora
Jim Frazier
Laura Friedman
Mike Gipson
Tim Grayson
Miguel Santiago
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Committee Reports
Government Affairs (2/21)
Hosted by Providence Tarzana Medical Center
- Paul Silvern, HR&A Advisors presented information on the draft Los Angeles City Economic Development Strategy and heard feedback from the committee.
- The committee recommended to support Proposition 70, which relates to cap and trade revenue expenditure plans.
- After a lively discussion, the committee recommended to oppose SB 227, which would allow Californian's to 'donate' their state income tax and claim the charitable donation deduction on their federal tax returns.
- The committee also recommended to oppose SB 1394, which would require signature gatherers for initiatives to be voluntary or paid on an hourly basis, not per-signature.
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Member Messages:
Get Your Message in VICA Weekly!
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VICA members can promote their business, events and news in VICA Weekly. Member messages are available for $50 per week or $175 for four weeks. Messages are text-based and may not contain more than 70 words. A logo may be added for an additional $5 per week.
For more information or to schedule your member message, contact
Helene@vica.com
or
call (818) 817-0545.
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