September 25, 2015 Thank you to California Financial Services for Contributing to the 2016 State School Bond at the Triple Diamond Level ($50,000)! The Coalition for Adequate School Housing thanks California Financial Services (CFS) for their generous support of the Kindergarten through Community College Public Education Facilities Bond Act of 2016.
July 22, 2015
C.A.S.H. Federal Update
Good news – The Senate Finance Committee approved a $95 billion tax extenders package extending 52 expired tax provisions for 2 years, including the Qualified Zone Academy Bond (QZAB) program. QZABs provide tax credits to assist the financing of school renovation, repair and modernization projects. The approved Modified Chairman’s package also includes a modification to the QZAB program reducing the required local match from 10 to 5 percent. This change should particularly assist small and rural school districts. The Finance Committee hopes to bring the extenders bill to the Senate Floor for approval before Congress leaves Washington for its summer recess.
July 21, 2015
Today the Building Standards Commission (BSC) unanimously approved additional emergency regulations proposed by the Division of the State Architect (DSA), expanding upon the new water efficiency requirements previously adopted on May 29, 2015, for public schools and community college irrigated landscape areas. Today’s regulations provide additional implementation detail and supplant the regulations approved in the previous action, which were serving as a placeholder. Representatives from the Coalition for Adequate School Housing (C.A.S.H.) participated in the DSA stakeholder input process, and our feedback contributed to positive modifications that were incorporated in the final regulations, though the new requirements will still ultimately increase project costs.