logo
Teacher housing program launches in San Diego

Teacher housing program launches in San Diego

Yahoo19-02-2025

SAN DIEGO (FOX 5/KUSI) — The City of San Diego is on track in helping teachers to be able to afford a home in a part of America's Finest City.
It's all part of a new program called HOPE and that's exactly what the city, a private developer, and partners are trying to give to San Diego teachers — hope that they can continue to afford to live in the communities they serve.
The HOPE program provides financial and homebuyer assistance to certified teachers. This is a $1 million grant that is privately funded by Lennar Home Construction.
The City of San Diego has been working with the company and together they've came up with a development agreement to make this possible.
Councilmember Marni von Wilpert and partners announced the details of this grant at a news conference Wednesday morning.
Teachers within San Diego Unified as well as Poway Unified will qualify.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Women are poised to inherit trillions in the coming decades. Will it give them more power, too?
Women are poised to inherit trillions in the coming decades. Will it give them more power, too?

Boston Globe

time34 minutes ago

  • Boston Globe

Women are poised to inherit trillions in the coming decades. Will it give them more power, too?

Write to us at . To subscribe, . TODAY'S STARTING POINT The largest wealth transfer in history is happening in slow motion. About $124 trillion worth of earnings, property, and other financial assets will change hands in the US over the next 23 years, financial experts estimate, as older Americans die off. And as men bequeath money to their spouses and divvy up their wealth among their children, most of the beneficiaries will be women. The so-called great wealth transfer seems poised to change the American economy's relationship with gender. 'Wealth and personal finance especially has for generations or centuries been squarely the domain of men,' said Josie Cox, a financial journalist who wrote ' Money, valuable on its own, can also buy status. Yet it remains uncertain whether greater wealth will also give women greater power in American society. Here's how the great wealth transfer will happen and what it may mean. Advertisement Share the wealth Understanding the great wealth transfer means getting a little morbid. Here's how it will work: Through 2048, many of the remaining members of the baby boom generation (defined as Americans born between 1946 and 1964) will die. Women tend to live longer, so most men will leave their assets to female spouses. Advertisement 'Something like 95 percent of the spousal inheritance goes to women,' said Kay Hope, a research analyst at Bank of America who has Shifting cultural mores also help explain women's outsized share of the proceeds. Parents today are more likely to divide their assets relatively evenly between their male and female children than in the past, when inheritances flowed primarily to sons, Hope said. That will mean another $47 trillion going to younger women. An economy transformed? Greater wealth for women is poised to reshape the US economy. Some companies are already recognizing the shift, and Hope expects more to follow. That could mean more financial advisers catering to women, travel companies marketing overseas vacations to older single women, or a medical industry that focuses on osteoporosis and other conditions that disproportionately affect women into old age. 'Men today control about two thirds of global wealth,' Hope said. 'When those numbers are more 50-50, how hard is it to ignore?' The great wealth transfer could, in turn, grow the economy as a whole. Gender gaps in wages and labor force participation have narrowed in the US. If greater wealth helps more women enter or stay in the workforce, it could add trillions in value. 'It's not about pushing anyone aside,' Hope said, but 'about growing the whole pie.' Still, the shift may not be seamless. 'There is still a real cultural narrative that implies that the world of money and the world of investment is a world that is geared towards men,' said Cox, the financial journalist. Experiences in her own life have proven as much, from waiters bringing her husband the check to a financial adviser who refused to talk until her husband got on the phone. (According to some estimates, 70 percent of widows fire their financial advisers.) Advertisement The transfer may also reinforce inequality because it won't benefit those whose spouses or parents have little or nothing to pass on. The wealthiest 1 percent of Americans hold Does money equal power? The transfer also may not radically reshape women's position in American society, at least not by itself. Women's wealth grew during the 20th century as more entered the workforce, went to college, and held political office. Those advances are real. But Cox doubts that money alone will enable enough women to climb the corporate ladder to reach gender parity, for example, because women still feel more pressure than men to leave the workforce to raise children. Changing that, she argues, would take policies like universal childcare, which the US doesn't have. Changes in gender relations can also invite backlash. Despite the broad benefits of women's economic participation, men often believe that gains by women mean losses for them. It happened after World War II, Cox said, when women who entered the workforce found themselves relegated back to homemaking when their husbands returned from overseas. A similar backlash may be brewing today. Polls show that the share of boys who think women should have the same job opportunities as men Advertisement Cox is hopeful that progress on gender equality will continue and that the great wealth transfer will be part of it. But it won't be enough, she said. 'I think this is more like a small step rather than a giant leap.' 🧩 1 Down: 86° POINTS OF INTEREST The Charles River under hazy skies due to Canadian wildfires in 2023. Craig F. Walker/Globe Staff Boston Mayoral race: A super PAC aligned with Michelle Wu launched its first TV ad 'Joyful protest': Amid a broader backlash to LGBTQ+ rights, the organizers of Saturday's Boston Pride parade say they expect Help from his friends: Here's how Bill Chisholm's Crawling along: Green Line trains Massachusetts and New England Karen Read retrial: A crash reconstructionist testified for the defense that John O'Keefe's injuries weren't consistent with a vehicle strike, Market Basket: Workers Fuming: Wildfires are burning 7 million acres of Canadian forest, sending toxic smoke Trump administration Khalil case: The administration can't deport or continue to detain Mahmoud Khalil, a Columbia University activist ICE arrested after he organized pro-Palestinian protests, a judge ruled. ( Jaundiced eye: Health secretary Robert F. Kennedy Jr. named eight new members to a CDC vaccine advisory panel he fired this week, including a Covid vaccine critic. ( Inflation: President Trump's tariffs haven't significantly driven up prices yet; inflation rose less than expected last month. ( Marcelo Gomes da Silva: The Milford High student from Brazil Withdrawals: The US evacuated Americans from parts of the Middle East ahead of a possible Israeli attack on Iran. ( Fort Bragg speech: The Army screened the uniformed soldiers who cheered Trump's political attacks this week for their political allegiance and appearance. 'No fat soldiers,' one message read. ( En masse: The Fulbright scholarship's board resigned, accusing the administration of political interference it called 'impermissible under the law.' ( China trade 'deal': Trump says it's done, but details are vague. Trump's commerce secretary said US tariffs on China wouldn't change again. ( Trump-Musk feud: Elon Musk spoke to Trump before writing on X yesterday that some of his posts about the president 'went too far.' ( Mixed reviews: Audience members booed and cursed Trump at a Kennedy Center performance of 'Les Miserables,' a musical The Nation Ousted: The Democratic National Committee removed David Hogg, 25, as vice chair after he backed primary challenges to incumbent Democrats. ( Brian Wilson: The former band leader of the Beach Boys, who helped pen some of its most beloved hits, died at age 82. BESIDE THE POINT By Teresa Hanafin 🍋 Summer recipes: Lemon is synonymous with summer, so here are recipes for mousse, cake, spaghetti, and fish soup that all 💙 We've got the blues: After 30 years, Blue Man Group is ending its Boston run on July 6. The production has already closed in Chicago and NYC, but will continue in Las Vegas and Orlando, as well as internationally. ( 🎙️ Talk show success: Sports media writer Chad Finn takes a 🌈 Pride events: In addition to the 💦 A good bet: There's now a reason to take your kids to a casino: A Great Wolf Lodge indoor water park Advertisement 🍷 Miss Conduct archives: This couple is very busy all summer. Can they give themselves a break by 📱 No more Muzak: If you hate waiting on hold, iPhone is introducing a feature that will stay on the line in your place, then alert you when a human finally picks up. ( Thanks for reading Starting Point. This newsletter was edited and produced by ❓ Have a question for the team? Email us at ✍🏼 If someone sent you this newsletter, you can 📬 Delivered Monday through Friday. Ian Prasad Philbrick can be reached at

San Diego flood victims eligible for up to $20K in mortgage aid through state fund
San Diego flood victims eligible for up to $20K in mortgage aid through state fund

Yahoo

time2 hours ago

  • Yahoo

San Diego flood victims eligible for up to $20K in mortgage aid through state fund

SAN DIEGO (FOX 5/KUSI) — San Diego flood victims may now qualify for a new state mortgage relief program meant to ease some of the financial burden of natural disasters. Nearly a year and half after historic flooding inundated parts of San Diego, some residents in hard hit areas are still rebuilding and the bills keep adding up. 'The original estimates that I've received was $435,000. So I'm a long way off from that,' said Southcrest resident Greg Montoya, whose Beta Street home is one of several severely damaged by the historic rainstorm in January 2024. Montoya said he's already spent more than $100,000. The majority of the cost was covered by flood insurance and some from FEMA dollars, but the rest out of pocket. A new program called CalAssist Mortgage Fund, consisting of $105 million, is giving him hope for a little extra help. Eligible homeowners whose homes were destroyed or left uninhabitable by a disaster between January 2023 and January 2025 can apply for three months of mortgage payments up to $20,000. Applicants' annual income in San Diego County must be below $172,000 to qualify. 'The application is really easy. If you have all the documents, it takes less than 30 minutes to apply. The documents are all very easily available online, like a mortgage statement or your bank account statement,' said Rebecca Franklin, Chief Deputy Director at the California Housing Finance Agency which oversees the fund. The program operates on a first come first serve basis and Franklin said the goal is to help 10,000 households statewide. When it comes to the hard-hit Southcrest neighborhood, some are done with repairs. 'Fortunately for me I was able to find a contractor that would do all the work for the $250,000 which to me is a lot of money,' said neighbor Josh Roche. Roche considers himself lucky that insurance came through, but he and his family still had out of pocket expenses. 'Especially immediately you know when we were completely displaced the city hadn't started their program where we were staying in the hotels. A lot of extra commuting. A lot of time lost from work,' Roche said. While residents said they're grateful for any help, some are still pointing the finger. 'The city should find the means to make everybody complete and start paying people because it was preventable,' said neighbor Greg Montoya. Residents can apply for the CalAssist Mortgage Fund starting Thursday. More information can be found here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Popular Tijuana taqueria opens location in San Diego County
Popular Tijuana taqueria opens location in San Diego County

Yahoo

time11 hours ago

  • Yahoo

Popular Tijuana taqueria opens location in San Diego County

(FOX 5/KUSI) — Tacos el Franc, one of Tijuana's most renowned taquerias, opened its first location in the United States this Wednesday in a shopping plaza in National City.••• Lee este artículo en español The new location is located in Westfield Plaza Bonita, right at the plaza's east entrance. Two Baja California restaurants receive Michelin stars The taco chain is known for its Tijuana-style meats, and its menu includes asada, adobada, cabeza, suadero, tripa, campechano, and lengua, as well as vegetarian tacos and other dishes. Its name comes from the French ancestry of the family that founded the company. Founder Javier Valadez worked at a taco stand in Tijuana in 1974 and opened the first Tacos el Franc in 1996. Visit The San Diego Guide to find unique places and experiences The taqueria has been recognized by the Michelin Guide and gained even more fame when it was featured in the popular Netflix series, Taco Chronicles. The Tijuana location is located at the intersection of downtown and Zona Río. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store