REALTORS® FOUNDATION AWARDS FIFTEEN SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS

San Gabriel, (June 1, 2023). The West San Gabriel Valley Association of REALTORS® (WSGVAR) Foundation announced that it awarded scholarships to the following 15 students from local high schools: Leonardo Campos Yu – Alhambra High School; Kathya Matias –Independence High School; Yang Li – Mark Keppel High School; Alexa J. Elizondo – Mark Keppel High School; Diana Desiree Diaz – San Gabriel High School; Veronica Rios – Ramona Convent Secondary School; Jason Tran – Don Bosco Tech Institute; Jessica Ta – Rosemead High School; Diego E Cabrera – Del Mar High School; Nathan Kan – Gabrielino High School; Daphne Bastian – Options For Youth; Bao Quoc (Ray) Huynh – San Gabriel Academy; Angelique Diaz – San Gabriel Mission; Martin Rodriguez-Ddslc – Dr. Doug Sears Learning Center; Chloe Quach – Temple City High School.

The scholarship funds were made possible by the generosity of the West San Gabriel Valley REALTORS® members who contribute money annually to benefit high school scholarship recipients and charitable organizations.

“We are very pleased to announce this year’s fifteen scholarship recipients from our local cities. We are appreciative of the WSGVR members for their generosity in contributing money for helping high school students advance their careers in higher education. Our best wishes to the recipients”, said Lorraine Clark, 2023 WSGVAR Foundation President.

The 2023 WSGVAR Foundation Officers are: Lorraine Clark, President; Yin Bihr, First Vice President; Pauline Lam, Second Vice President; Nancy Hunt, Secretary; and Marian Cavataio, Treasurer.

WSGVAR Foundation is a non-profit 501(c)(3) organization established in 2013, is an entity that raises funds for scholarships and charities. WSGVAR Foundation raises funds through member donations, Century Club and holds an auction each year. The foundation gives educational scholarships to high school students in the five cities that we serve: Alhambra, Monterey Park, San Gabriel, Rosemead, and Temple City, as well as donating money to local charitable organizations annually. ~•~

Dream For All

Jim Clarke JBC Consulting

The California “Dream For All”, down payment assistance program was preserved in the budget deal reached between the Governor and the California legislature. The $200 million that had been proposed to be cut from the program will remain.

$500 million dollars had been allocated in last year’s budget for the program and $300 million dollars of it was allocated and used up in about 11 days this year. The remaining $200 million had been held back as a result of the Governor’s opening budget proposal for this year, which proposed to remove $200 million from the “Dream for All” to address the state’s fiscal situation.

for people who those who have second homes or occupy their home only part of the year. Tourism is also an important part of California’s economy and short-term rentals are a cost-effective alternative for many individuals and families, providing many more options for vacation accommodation.

SB 584 (Limón) would have harmed this whole sector of the economy by imposing a 15% tax on renters of short-term rentals, putting this type of lodging out of reach for many low and moderate-income families. This would have included victims of wildfires and other natural disasters who seek temporary refuge by renting a shortterm rental. C.A.R. was an early opponent of this bill.

SB 584 was originally scheduled to be heard in the Assembly Housing and Community Development Committee on June 28; however, due to the opposition efforts of C.A.R. and other groups, the author has pulled the bill from its scheduled hearing and indicated that she will no longer be advancing the measure this year.