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California: Supplier Diversity Spurs Equity-Driven Development

Business Facilities

The post California: Supplier Diversity Spurs Equity-Driven Development appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions. The Golden State has launched a program that promotes inclusive procurement as the prerequisite for a resilient supply chain.

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More Americans Became Equity Rich During the Pandemic

Pro Builder

More Americans Became Equity Rich During the Pandemic. As home prices reach record highs, more homeowners are gaining significant equity, meaning that some can even sell their homes for twice the amount they owe on their mortgages, according to Realtor.com. of homes with equity in the United States were equity rich compared with 28.3%

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US DOT Approves $2.5B for Vegas-to-California High-Speed Rail

ENR Construction

Private-equity bonds would boost 218-mile Brightline West project that is expected to break ground early next year.

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20 Communities To Address Climate Change, Resilience, Social Equity

Business Facilities

Read: 20 Communities To Address Climate Change, Resilience, Social Equity at BusinessFacilities.com. Green Building Council is expanding its LEED for Cities and Communities program with a new $500,000 grant from Bank of America.

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Record Appreciation Is Sending Homeowner Wealth Soaring

Pro Builder

Middle-income homeowners have seen their properties appreciate by 68% since 2012, amounting to $122,100 in equity wealth, according to the National Association of Realtors. Similarly, low-income homeowners reported $98,900 in equity gains, and upper-income households accrued $150,800 in equity.

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There are More than 40 Million People in Modern Slavery

Green Building Law Update

This law firm has worked with businesses, non real estate and real estate alike, in their disclosures required by the California Transparency in Supply Chains Act of 2010 describing their “efforts to eradicate slavery and human trafficking from [their] direct supply chain for tangible goods offered for sale.”

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Landmark Contractor Licensing Case Limits Disgorgement Remedy in California

Construction and Infrastructure Law

Contractors performing work in California are required to be licensed by the California State License Board (“CSLB”). Contractors who perform work in California without being properly licensed are subject to a world of hurt, including civil and criminal penalties ( see, e.g., Cal. & Prof. Code §7065. & Prof.