Daily Business Report-Nov. 21, 2018
From left to right: San Diego Mayor Kevin Faulconer, Los Angeles Mayor Eric Garcetti, Oakland Mayor Libby Schaaf, Sacramento Mayor Darrell Steinberg, and CALmatters reporter Laurel Rosenhall. (Photo by Adriene Hill)
Big city mayors to California
lawmakers on homelessness: Go Bold
By Matt Levin |CALmatters
The mayors of San Diego, Los Angeles, Oakland and Sacramento called for bold state action to help the more than 130,000 Californians who are homeless, urging Gov.-elect Gavin Newsom to revive a controversial funding source for affordable housing and make it easier for cities to build shelters.
“This is a fundamentally broken system that needs to be re-imagined from the get-go,” said Oakland Mayor Libby Schaaf, after relaying the story of a homeless Oakland woman who gave birth in a car two days ago. “I just hope that we don’t keep on tweaking this cycle that we have become complacent with.”
Mayors Schaaf, Eric Garcetti of Los Angeles, Kevin Faulconer of San Diego and Darrell Steinberg of Sacramento reflected on the difficulties of addressing what Garcetti called “the great humanitarian crisis the state faces” at a downtown Sacramento event sponsored by the California Dream Project, a collaboration of CALmatters and public radio stations Capitol Public Radio, KQED, KPCC and KPBS.
Despite the passage last month of two statewide initiatives that promise $6 billion in fresh affordable housing and homelessness dollars, Faulconer, the panel’s lone Republican whom GOP circles have floated as a future candidate for governor, argued that more affordable housing dollars were still desperately needed.
He was joined by Steinberg, a Democrat and former state legislative leader, in lobbying for the state to revive “redevelopment,” a controversial program that outgoing Democratic Gov. Jerry Brown helped eliminate in 2011. The program used local property tax revenue to fund affordable housing. A bill to re-start a redevelopment program failed to make it out of the Legislature in the last session.
“This is not a partisan issue. It is the ‘right thing we should be doing’ issue,” said Faulconer.
Despite leading very different California cities with different homeless populations, each mayor lamented the common difficulty of finding neighborhoods willing to accept new homeless shelters and permanent supportive housing, which provides wrap-around mental health and other services to the chronically homeless.
Garcetti—mayor of the seat of a county with the nation’s second largest homeless population, just behind New York—has run into the issue repeatedly in recent months. He was openly jeered at a town hall meeting in the beachside neighborhood of Venice last month, where he backed a proposal for a shelter on a local unused bus yard.
“I tell other elected officials, ‘Don’t process these things to death,’ ” said Garcetti, who stressed that communities that often start with a not-in-my-backyard stance tend to accept shelters and affordable housing once they’re up and running.
As a way of getting around so-called NIMBYs, Sacramento Mayor Steinberg said that cities and counties shouldn’t be so defensive about retaining local control on housing decisions—something you rarely hear from mayors.
“Local control is highly overrated,” said Steinberg. “I’m tired of the us-versus-them. It’s not getting us anywhere.”
When asked about the separate but related issue of rent control, Mayor Garcetti called on the state Legislature to revive a possible compromise over a 1995 state law that prohibits local governments from expanding rent control. A repeal of that Costa Hawkins law on the November statewide ballot failed by 20 points.
“They almost had a deal and (the Legislature) should go back to that,” said Garcetti. “There shouldn’t be (rent) increases that are outrageous in the midst of a homelessness crisis.”
CALmatters.org is a nonprofit, nonpartisan media venture explaining California policies and politics.
SBA kicks off Small Business Saturday
in neighborhoods all across America
U.S. Small Business Administrator Linda McMahon is encouraging Americans to support local communities by shopping at small businesses on Saturday, Nov. 24. Celebrated each year on the Saturday after Thanksgiving, Small Business Saturday allows consumers to make a tremendous impact in their neighborhoods by supporting a local small business. Last year, an estimated 108 million consumers nationwide “shopped small” on Small Business Saturday.
The SBA San Diego District Office will be participating in the Cardiff 101 Main Street Small Business Saturday event, supporting the triangle cities of La Jolla, Encinitas, and Leucadia. Join us this Saturday, 11 a.m. to 3 p.m. at the North Courtyard of Cardiff Town Center, 2033 San Elijo Ave., Encinitas. 92007.
This year marks the ninth Small Business Saturday, an annual celebration of America’s small business community. Last year on Small Business Saturday, Americans spent a combined $12 billion at independent neighborhood retailers and restaurants.
Today, there are over 30 million small businesses in the United States. About half of all American workers are either employed by a small business or own a small business. And two out of three new jobs are created by small business. For more Small Business Saturday details visit www.sba.gov/saturday.
Northrop Grumman spacecraft
successfully completes rendezvous
with International Space Station
Northrop Grumman Corporation announced Monday that the “S.S. John Young” Cygnus spacecraft successfully completed its rendezvous and berthing maneuvers with the International Space Station (ISS) earlier this morning. The mission marks the company’s 10th successful berthing with the orbiting laboratory.
Cygnus launched aboard a Northrop Grumman Antares rocket on Nov. 17, 2018 from the Mid-Atlantic Regional Spaceport Pad 0A on Wallops Island, Virginia. As the spacecraft moved closer to the space station over the following few days, Cygnus executed a series of thruster burns to raise its orbit. Once the spacecraft was in close range, crew members on board the space station grappled the spacecraft with the station’s robotic arm at 5:28 a.m. EST. Cygnus was then guided to its berthing port on the nadir side of the station’s Unity module and officially installed on to the space station at 7:31 a.m. EST.
Cygnus arrived at the space station with nearly 7,400 pounds (approximately 3,350 kilograms) of cargo, supplies and scientific experiments. The crew is now scheduled to open Cygnus’ hatch and make initial ingress into the cargo module to begin unloading the pressurized cargo. Cygnus will remain docked at the station for approximately two months before departing on secondary missions.
Bergo Enterprises purchases Poway
office building for $2.32 million
Bergo Enterprises has acquired an 11,050-square-foot office building at 13851 Danielson St. in Poway for $2.32 million. The seller was The Hetzler and Muhlhauser Trusts. Intersection, formally known as The Heritage Group, represented the buyer in the transaction.
The building includes eleven private offices; one reception area; one large and one small conference room; a server room; a large work area with room for file storage; a large open bull pen area with eleven built-in cubicles; and a high tech security system.
Stand Up To Cancer grant funds
research in pancreatic cancer
Although pancreatic cancer comprises just 3 percent of cancer cases in the United States, it is the nation’s third deadliest cancer due to its aggressive nature and tendency to spread. A team of University of California San Diego School of Medicine researchers have been awarded a $1 million Stand Up To Cancer (SU2C) grant to test drugs that block signals that play a critical role in driving growth and progression of pancreatic cancer.
As part of the newly launched Pancreatic Cancer Collective, the strategic partnership of Lustgarten Foundation and SU2C, the grant will initially fund work in preclinical models and test whether new drugs can be combined with chemotherapy to improve outcomes. The researchers plan to use genetic information to identify biomarkers to predict which patients will respond to the combination approach. The long-term goal is to lay the groundwork needed to move these discoveries into clinical trials.
Personnel Announcements
Brett Galloway named CEO of AttackIQ
AttackIQ, a leader in the emerging market of continuous security validation, announced the appointment of Brett D. Galloway as the company’s chief executive officer. A seasoned chief executive, Galloway brings to the company proven leadership in establishing and gaining traction in new markets, fielding industry-leading technologies, and achieving sustained, accelerated growth.
Galloway brings more than 30 years of executive and entrepreneurial experience in the technology industry, most recently co-founding Mist Systems and serving as its chairman. He is the former president and CEO of Airespace, which was sold to Cisco in 2005. Galloway served as the senior vice president of the Network Services Group and Enterprise Strategy at Cisco. He was also the co-founder, chief operating officer and later CEO of Packeteer, which launched an initial public offering on the NASDAQ in 1999.
AttackIQ helps enterprises determine the effectiveness of their current security tools, processes and people by identifying baseline readiness, overlaps and gaps in defenses.
