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Is this East Bay refinery-turned-housing-development a model for reclaiming contaminated sites? – East Bay Times

HERCULES — On the surface, Victoria by the Bay is a charming neighborhood of 926 homes only a short walk from the shores of San Pablo Bay. But the ground beneath the roughly 200-acre development was once home to the former Pacific Refinery Co., a facility built in 1966 that produced 55,000 barrels of oil daily and stored other hazardous substances in the northernmost corner of Hercules, adjacent to Rodeo. Amid a bleak economic outlook for the fossil fuel industry at the time, the facility was decommissioned in the summer…

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Photos: May Day Gaza protests in Oakland – The Mercury News

Several worker unions, college students and community organizations marched, sat-in and continued to camp out throughout the Bay Area during May Day protests on Wednesday. In the East Bay, Oakland Sin Fronteras, a coalition of organizations that support workers and immigrant rights, held a march to recognize and celebrate International Worker’s Day and in solidarity with Palestinian people. Nearly a thousand or more protesters marched down Telegraph Avenue and Broadway on their way to a rally at City Hall’s Frank H. Ogawa Plaza. The Port of Oakland shutdown, which was…

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Homebuyers turn to riskier adjustable-rate mortgages – NBC Bay Area

As mortgage rates remain above 7%, some would-be homebuyers are looking for another option to help them buy: an adjustable-rate mortgage. Instead of a fixed-rate mortgage where you’re locked into a rate for the duration of your mortgage, an adjustable rate is one that can change as overall rates move, which means your monthly payment could go down over time, but it could also go up. Those buying houses now are, according to Silicon Valley agent Linsey Gridley, choosing the adjustable rate more frequently than at any time during the…

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Bay Area Housing Prices Up From last Year, Nearly 5-Percent for Sonoma County – KSRO

busracavus/istock Bay Area housing prices have increased significantly from last year. They are expected to stay high due to low inventory and mortgage rates still hovering above seven percent. Matt Dinapoli, CEO of Dinapoli Partners, says even with more inventory, buyers are overbidding on homes because they can. Most counties saw substantial price hikes from last year, some by as much as twenty percent. Numbers from the California Association of Realtors show Sonoma County home prices went up nearly 5-percent with a median selling price of 865-thousand dollars. Housing analysts…

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San Jose is doubling down on RV safe parking lots for homeless people. Is it helping? – The Mercury News

Heidi White, RV resident, looks out her window at the safe parking site in San Jose, Calif., on Friday, April 26, 2024. (Shae Hammond/Bay Area News Group) After months living out of an RV at a sprawling homeless camp north of downtown San Jose, Heidi White was relieved to move her 1995 Ford motorhome into the city’s first managed 24/7 safe parking lot. She no longer needed to worry about encampment fires or drug dealing outside her door, and staff running the site atop a tree-dotted lot next to the…

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Silicon Valley billionaire’s campaign to build new Bay Area city submits signatures to get on November ballot – The Mercury News

FILE – A map of a new proposed community in Solano County, Calif., is displayed during a news conference in Rio Vista, Calif. on Jan. 17, 2024. The Silicon Valley-backed campaign to build a new city in California for up to 400,000 people said Tuesday, April 30, 2024, it has submitted enough signatures to qualify an initiative for the November election. (AP Photo/Janie Har, File) By JANIE HAR | Associated Press SAN FRANCISCO — A wealthy Silicon Valley-backed campaign to build a green city for up to 400,000 people in…

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