A multi-unit housing complex under construction in Vista, San Diego County. (Photo: Simone Hogan, via Shutterstock)
OPINION: With one act next week, an obscure state panel could make nearly $2 billion available to finance and fund affordable housing projects around the state. Or it could choose to leave that money on the table and instead enable a Canadian corporation to issue tax-free bonds to finance a controversial, economically unjust, and environmentally damaging desalination plant in Orange County.
A high-resolution image of human egg cells. (Jezper, via Shutterstock)
The president of the California stem cell agency, Randy Mills, yesterday said that the firms that responded to an ambitious proposal to create a $150 million public/private partnership were seeking to make a “better deal” than the agency had offered. Mills said that the agency was “not going to give away something that is not in the best interests of the people of California.”