The Southern California Association of Governments awarded $4,000 each to 11 Southern California students, including Oak Hills High School graduate Andrew Ballard.
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California’s financial services regulator has moved to revoke the license of bankrupt San Diego clean energy lender Renovate America after local homeowners had liens placed on their properties for nonexistent improvements in an apparent fraud.
The Department of Financial Protection and Innovation is seeking to terminate Renovate America’s Property Assessed Clean Energy (PACE) Administrator License the first time that the department has made such a move since the PACE program began in 2008.
Following an investigation, the Department found that Renovate America enrolled what turned out to be a bogus construction company to sell PACE-financed green home improvements such as solar panels, attic insulation and artificial turf installation.
Economy, finance, and budgets
California’s coastal urban centers, once the ultimate land of opportunity, suffer notorious traffic congestion, unaffordable housing, and a social chasm defined by a shrinking middle class, a small wealthy sector, and a sizable population seemingly locked in poverty. If there is a future for the region’s middle and upwardly mobile working class, it’s more likely to be found in the state’s large, generally more affordable, interior, known as the Inland Empire, or “the IE.” But for that to happen, the area’s promise needs to be better recognized and supported by policymakers.