Categories: Briefs

Harbor Currents: NEWS April 25, 2013

Bye, Bye Kiosk
SAN PEDRO — Thanks to the efforts of the Central San Pedro Neighborhood Council, the kiosk at 6th and Mesa streets was removed April 25.
The area will be repurposed for residents and tourists, after being in long disrepair and home to vagrants.
Art Steedle, owner of Steedle Construction in Long Beach, removed the kiosk.
 
Woman Killed in Long Beach
LONG BEACH — A woman was killed, April 23, on the 1600 block of Cherry Avenue in Long Beach.
Long Beach Police Department officers responded to a shooting report at about 11:40 p.m. The officers found 31-year-old Samantha Hollins on a sidewalk with gunshot wounds to her upper body. The Long Beach Fire Department pronounced the woman dead at the scene.
The motive for the shooting is unknown and no suspects have been arrested.
Anyone with information is asked to call (562) 570-7244 or anonymously at (800) 222-8477.

California Community Development Organizations Get $405 Million in Tax Credit
WASHINGTON, D.C.The U.S. Department of the Treasury’s Community Development Financial Institutions Fund announced, April 24, New Markets Tax Credit authority for investments totaling $405 million to 10 California-based community development entities. Treasury will provide this tax credit allocation authority under the 10th award round of the program.
The program, established by Congress in December 2000, permits individual and corporate taxpayers to receive a credit against federal income taxes for making equity investments in vehicles known as Community Development Entities. The credit provided to the investor totals 39 percent of the cost of the investment and is claimed over a 7-year period.  For every dollar invested by the federal government, the program generates more than $8 in private investment, which is one of the reasons why President Barack Obama’s Fiscal Year 2014 budget included an expansion and permanent extension of the New Markets Tax Credit.
The 85 organizations receiving awards under the 2012 round were selected from a pool of 282 applicants that requested those programs for about $21.9 billion in investments. They are headquartered in 28 states and the District of Columbia, but will be providing services in a wide range of local and state areas as well as on the national level.

Details: www.cdfifund.gov/statesserved

 

 

Terelle Jerricks

During his two decade tenure, he has investigated, reported on, written and assisted with hundreds of stories related to environmental concerns, affordable housing, development that exacerbates wealth inequality and the housing crisis, labor issues and community policing or the lack thereof.

Recent Posts

County to Protect Medi-Cal and CalFresh Access for 1.7 Million Residents Amid New Federal Work Requirements

The motion also calls for the expansion of workfare and volunteer opportunities across county departments…

20 hours ago

Governors Briefs: CalRx® Insulin, $11 a Pen, Will Soon be Available and Appointment Announced

This launch marks a significant step in the state's ongoing effort to lower prescription drug…

20 hours ago

Purdue Student Paper Shows Solidarity With Rival

  After the Indiana University Media School fired its director of student media and banned…

21 hours ago

POLA Lead Attorney Steve Otera Named Corporate Counsel of the Year by LA Business Journal

  LOS ANGELES — The Los Angeles Business Journal has given a top legal honor…

21 hours ago

Ports Briefs: POLB Cargo Slows as Clean Truck Study and Air Quality Report Highlight Progress

The Final 2024 Class 8 Drayage Truck Feasibility Assessment Report focuses on battery electric and…

24 hours ago

Public Health Investigating Possible Local Spread of Clade I Mpox; Third Case Confirmed in Los Angeles County

So far in 2025, Public Health has reported 118 cases of clade II mpox.

2 days ago