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Microsoft Dynamics ERP Consulting Service Market Forecasted for Strong Growth from 2024 to 2032The Los Angeles City Council unanimously approved a motion Friday to create a policy that would give tenants the option to purchase their buildings, helping to maintain affordable rents . In the next 60 days, related departments will report on a framework for what are known as Tenant Opportunity to Purchase Act and a Community Opportunity to Purchase Act policies. The City Council voted 12-0 Friday to approve the motion. Councilmembers Curren Price and Paul Krekorian recused themselves as they are landlords, while Councilman Kevin de León was absent during the vote. According to Councilmember Nithya Raman, who championed the motion, seconded by Councilmember Hugo Soto-Martinez, the policy would help preserve the city’s affordable housing stock, much of which is at-risk of due to expiring covenants and market pressures. She noted that almost 6,000 units’ covenants are set to expire by Dec. 31, 2027. “These policies allow for either tenants of multi-family buildings the option to collectively purchase their buildings or allow a qualified nonprofit to make an offer to purchase a building if the property owner decides to sell,” Raman said. If the city were to adopt these policies, Los Angeles would join Washington D.C., San Francisco, Chicago and Philadelphia, where similar programs are available. Raman said the city could potentially use funds from Measure ULA to support these initiatives. The motion also highlighted efforts between the county of LA and the Los Angeles Community Land Trust Coalition to pilot a community land trust program and to research these initiatives. The county’s pilot program assisted and stabilized 110 tenants in their homes and neighborhoods, establishing “affordability in perpetuity,” the motion reads. “These are policies that can potentially preserve housing and prevent displacement,” Raman said. “With dedicated funding from Measure ULA, now we do have to develop the city’s capacity to be able to manage these kinds of projects.” The National Apartment Association previously argued that such policies add unnecessary red tape to real estate transactions and ultimately increase the cost of housing for renters. While these laws are intended to be an “anti-displacement measure, in reality, they rarely result in residents’ purchase of property and can add months or in some cases, years to the sale of real estate,” Emma Craig wrote in a May 22 post on the association’s website.
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NoneTrump ‘Pain’ Can Help Europe to Focus on Change, RWE CEO Says
PANDERING to the International Criminal Court risks a rift between Britain and Donald Trump, Sir Keir Starmer was warned yesterday. It came as Downing Street signalled that the PM would comply with an ICC warrant to arrest Benjamin Netanyahu if he travelled to the UK. A No10 spokesman said: “The UK will always comply with its legal obligations as set out by domestic law and indeed international law.” It saw Downing Street insisting that Israel remains an important “ally” - while refusing to rule out putting its PM in handcuffs . Senior Trump allies reacted with fury to the ICC judgment, following President Biden branding it “outrageous”. Republican Senator Lindsey Graham yesterday threatened to introduce a Bill punishing states that follow ICC diktats. Read More on Politics The Senator said: “I will be introducing legislation that puts other countries on notice – If you aid and abet the ICC after their action against the State of Israel, you can expect consequences from the United States. “Any nation that joins with the ICC after this outrage is a partner in a reckless act that tramples the rule of law.” Incoming Senate Republican Leader John Thune pledged to bring a Bill to Capitol Hill sanctioning the ICC. He said: “The ICC’s arrest warrant against Prime Minister Netanyahu and former Defence Minister Gallant is outrageous, unlawful, and dangerous.” Most read in The Sun Sir Keir’s spokesman said work had been done to build bridges with Trump’s team amid fears of a fresh row with the US, which is not an ICC member. Under the ICC Act, if Netanyahu steps foot in Britain, a Cabinet Minister - most likely Foreign Secretary David Lammy - must seek the warrant from a domestic court. On Friday an onslaught of foreign leaders blasted the ruling by the foreign “kangaroo” court. Austrian Prime Minister Alexander Schallenberg said: “The ICC decision is utterly incomprehensible. “This decision is a disservice to the Court‘s credibility.” Hungarian Prime Minister Viktor Orban said: “The ICC arrest warrant against Prime Minister Netanyahu is brazen, cynical and completely unacceptable. “I invited Prime Minister Netanyahu for an official visit to Hungary, where we will guarantee his freedom and safety.” Both the outgoing-Joe Biden and incoming-Donald Trump administrations slammed the ruling, with some Republican senators even vowing repercussions for any state that complies with it. Reform Deputy Leader Richard Tice said: “The ICC has disgraced itself with clear bias and Starmer has shown he is kowtowing to global institutions to the detriment of our key international relationships.” Yesterday, Home Secretary Yvette Cooper refused to say whether she would greenlight Mr Netanyahu being locked up in Britain. She told Sky News: “That’s not a matter for me as Home Secretary. “The International Criminal Court is of course independent and we respect its independence and the role that it has.” Shadow Justice Secretary Robert Jenrick said: “Labour’s position is absurd. “By accepting the decision of this Kangaroo Court, Starmer and Lammy risk weakening our relationship with our most important ally again. READ MORE SUN STORIES “Starmer can’t say whether the leader of an ally of the UK would be arrested on arrival at Heathrow, but he’s happy to shake hands with the tyrannical Xi Jinping. “It’s madness.”Mission to Bring Austin Tice Home: A U.S. Push for a Journalist's Freedom
AP Trending SummaryBrief at 5:34 p.m. ESTNorthwestern women blank Saint Joseph's 5-0 to win second national championship in field hockey