Temecula wants more affordable housing. The city wants to create a special zoning designation called an “Affordable Housing Overlay” that would encourage the development of roughly 2,000 affordable housing units on various properties throughout the city, according to a report that originally appeared in The Press-Enterprise. Such a designation would …
Read More »Infill sale closes in Perris
A private investment group has bought a 19-acre parcel in Perris. Stone River Capital LLC in Stanton purchased the land from Water Avenue 20 LLC, another private investment group, for an undisclosed sum, said David Harbour, senior land advisor with WD Land in Irvine. The property, which is open space, …
Read More »Forecast for Inland housing market: cautiously optimistic
Analysts say the market should continue to improve in 2014, but a return to the booming pre-recession housing industry isn’t expected this year and may never happen While no one is predicting a return to the heady days of the mid-2000’s, the Inland Empire housing market should continue to improve …
Read More »Native American files suit over tax
A local Native American tribe is suing Riverside County regarding a tax that tribal official believe is illegal. The Agua Caliente Band of Cahuilla Indians filed a lawsuit in federal court that seeks to prevent the county from collecting a “possessory interest tax”, which the tribe maintains is illegal, according …
Read More »Union rejects offer
Members of the Teamsters Union at YRC Worldwide, the global logistics firm, have declined a company proposal that would have required them to give up wage increases and pension payments. Sixty one percent of those workers voted against the proposal, which would have required the union members to extend their …
Read More »Inland trade school may be in its last days
A trade school in San Bernardino is near closing. Students and administration at Career Colleges of America were told Monday that school officials were looking for another college to take over the school’s academic schedule, according to a report originally published in The Press-Enterprise. Career Colleges of America has three …
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