After the Ashes: A Beautiful Altadena Podcast

Episode 3: Financial Engines for Recovery – Understanding AB797 and SB782


Listen Later

In our last episode, we covered a high level view of the legislative landscape and promised to come back with a more in-depth discussion of two key pieces of legislation that represent different approaches to financing Altadena's recovery: Assembly Bill (AB) 797 by John Harabedian and Senate Bill 782 by Sasha Renee Perez. 
 
These aren't just policy differences – they're competing visions of how money should flow to fire-impacted communities. One gives us a new way of harnessing private investment to stabilize property values. The other creates public financing mechanisms for infrastructure rebuilding. Both could transform how California recovers from wildfire, but in very different ways. 

Both bills are currently on Gavin Newsom's desk. Let's break them down. 

We start this episode with Steve's personal fire story and wrap with a local small business shout out to a new brick and mortar flower and gift shop, Adelaide on N Fair Oaks across from Fair Oaks Burger, recently opened by another Altadena resident who is also a total loss fire survivor. 

...more
View all episodesView all episodes
Download on the App Store

After the Ashes: A Beautiful Altadena PodcastBy Shawna Dawson Beer