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Foreclosures down, home values expected to climb

Foreclosures down, home values expected to climb

The foreclosure rate in the Central Valley is well below the national average according to data released by CoreLogic, a real estate data collection company... Read More

Trained by Davis Arden Hills Racing Team, 10 Swimmers Have Successfully Made the Olympic Trials Cut

Trained by Davis Arden Hills Racing Team, 10 Swimmers Have Successfully Made the Olympic Trials Cut

Known for incredibly fast, exciting and suspense-filled competitions, 10 talented local swim athletes trained by the Davis Arden Hills Racing Team (DART) are scheduled to compete in the 2016 U.S. Olympic Team Trials June 26-July 3 in Omaha, Nebraska, in hopes of representing the United States at the upcoming Summer Olympics in Rio de Janeiro, Brazil. According to USA Swimming, the 2016 Olympic Team Trials rank as the biggest swimming competition in the country, the results of which will determine who will represent Team USA.

The community at large is encouraged to keep watch and cheer on the amazingly talented local DART swimmers who have qualified thus far, including:

 

Keep Your Home California Receives $383.3 Million in Funding to Help More Homeowners

Keep Your Home California Receives $383.3 Million in Funding to Help More Homeowners

SACRAMENTO – Keep Your Home California will receive an additional $383.3 million in funding from the federal government, allowing the mortgage-assistance program to help prevent foreclosure for more homeowners struggling with financial hardships.

The U.S. Department of the Treasury announced the additional funding Wednesday, the second phase of additional funding approved for the Hardest Hit Fund program during the past two months.

The combined $383.3 million will allow the state-managed program to help at least 12,000 more homeowners. Qualifying homeowners can receive up to $100,000 in mortgage payment assistance from Keep Your Home California.

Folsom prisoners create special Super Bowl 50 license plate


Inmates at Folsom Prison created 450 license plates being used this week on official Super Bowl 50 cars in the Bay Area. 

The black and gold plates were paid for by the Super Bowl host committee, and are not available to the public. They will be used on official vehicles, and are only allowed to be in use on California's roadways until February 12. 

The California DMV was contacted at the beginning of the year with the special order. Although there is no specific criteria for creating special plates, the DMV said they have only done this on two previous occasions: for vehicles participating in the annual Tournament of Roses parade and in 2013 for a special marketing campaign by Land Rover. In all of these cases, the parties involved paid for the plates to be created.

Folsom Dam may shift from saving water to dumping it


It’s almost unimaginable.

On Dec. 4, Folsom Lake hit a record low level of 348 feet above sea level — 135,679 acre feet, just 14 percent of capacity.

Less than two months later, the reservoir is quickly approaching its normal level for late January.  Folsom Lake now stands at 405 feet in elevation holding 412,000 acre feet of water.  That's still just 42 percent of capacity and 81 percent of average for this date, but federal operators may soon need to start dumping water.

To protect lives and property downriver from flooding in case a series of big storms arrives, the Bureau of Reclamation is not allowed to let the lake rise to more than 577,000 acre feet this time of year, which is 59 percent of total capacity. The bureau hasn't had to do this in five years. 

 


The surface of Folsom Lake rose to 400 feet above sea level


Folsom Lake hit an important milestone over the weekend:  Even though most of the slips at the marina are still mired in mud, it could be just a matter of days before hundreds of boats can come out of dry storage in the marina parking lot. 

Leaking dam in Folsom project stabilized


A leaking temporary cofferdam at the Folsom Lake Spillway Project has been stabilized Wednesday afternoon, according to the U.S. Army Corps of Engineers.

Crews had been working to remove construction equipment and vehicles throughout the day.