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Two California Ballot Initiatives to be Aware of this November…

Election officials in California have assigned numbers to two initiatives that have the potential to cause tremendous impact on property owners: Proposition 15: Intended to “revise” California’s property tax law that was originally introduced as Proposition 13 in 1978. Proposition 15 allows for higher property taxes on commercial and industrial properties while allegedly keeping the tax measures for residential and agricultural properties in place …for the time being. Proposition 21: Known as the “Rental Affordability Read more…

By donnaostak, ago

More Relief for Small Businesses

On Thursday, April 23rd, Congress passed an additional stimulus package to replenish the financial relief for small businesses and institutions that are being hit hard by the pandemic. This latest stimulus package allocates: $340 billion to the Paycheck Protection Program $60 billion for the Economic Injury Disaster Loan $75 billion for hospitals $25 billion towards COVID-19 testing It is anticipated that the same application process and criteria will apply as did previously.

By donnaostak, ago