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<br />9A <br />Page 8 <br /> <br />(probably sometime this fall), cities will have to file the form by April 1 of each year or face <br />court imposed sanctions. See Govt Code ~ 65400(c). A parallel requirement would attach <br />when zoning is not completed within the authorized timeframes. <br /> <br />CEQA Benefits <br /> <br />The provisions here are also being vigorously negotiated at his point. Although the current <br />benefits that are in the bill are still under consideration, they are likely only to apply to infill areas. <br />In addition, another set of CEQA provisions will also be included that will be available for projects <br />that are consistent (in broad terms of density and use designation) with the development pattern <br />(called the sustainable communities strategy) within the regional transportation plan: <br /> <br />. Climate: Exemption from analyzing GHGs from cars and light trucks associated with the <br />development. (This provision is generally agreed upon). <br /> <br />Regional Trafflc Impacts: Some relief from regional traffic impacts would be available under <br />the theory that regional traffic impacts related to climate change have already been <br />considered in the EIR for the regional transportation plan. <br /> <br />Regional Air Quality Impacts: Discussions continue as to the extent, and even if, projects that <br />are consistent with the regional plan to reduce GHGs would be exempt from analyzing <br />regional air quality impacts. <br /> <br />. Cumulative and Growth Inducing Impacts: Discussions continue as to the extent, and even if, <br />projects that are consistent with the regional plan to reduce GHGs would be exempt from <br />analyzing cumulative and growth inducing impacts related to the development. <br /> <br />Scope of ARB Authority <br /> <br />Finally, the last major point of negotiation is the extent to which ARB should be limited from <br />adopting additional policies in programs, in addition to the regional planning associated with this <br />bill, to reduce GHGs from cars and light trucks related to transportation planning. Some <br />stakeholders are seeking this level of certainty while others oppose on the grounds that any such <br />limitation of authority would effectively be amending AB 32. <br /> <br />Next Step <br /> <br />The League's position on the bill is still based on the version that is in print. Once new language <br />is available. the League's board has a process in place to review its position. <br /> <br />President Signs National Neighborhood Stabilization Funding Legislation <br /> <br />The President signed the Housing and Economic Recovery Act of 2008 (HR 3221) into law on <br />Wednesday, July 30. The bill contains $3.9 billion for foreclosed property acquisition and <br />rehabilitation, and directs the Secretary of the U.S. Department of Housing and Urban <br />Development (HUD) to organize a formula for distribution of the funding that targets those states <br />and jurisdictions of tocal governments most severely impacted by the foreclosure crisis. <br /> <br />The legislation requires that funding be allocated within 60 days of enactment and based on; <br /> <br />1. The greatest percentage of home foreclosures; <br />2. The highest percentage of homes financed by a subprime mortgage loan; <br />3. The number and percentage of homes in default and delinquency. <br /> <br />In addition, the bill also requires that each state receive no less than 0.5 percent of total funding. <br />HUD is now beginning discussions on the development of the formula for funding allocation. The <br />League will provide updates through Priority Focus as HUD organizes the method for distribution <br />of this critical emergency funding. <br /> <br />8 <br />