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MBEP Press Releases

5.18.22 - MBEP Announces 2022 Regional Economic Outlook Public-Private Partnership Award Recipients

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
media@mbep.biz / ‭(831) 224-2132‬

FOR IMMEDIATE RELEASE

MBEP Announces 2022 Regional Economic Outlook Public-Private Partnership Award Recipients

(Marina, CA) – Monterey Bay Economic Partnership (MBEP) has selected Joby Aviation, the City of Marina, and the County of Monterey as the 2022 recipients of its Public-Private Partnership Award. This annual award recognizes the public-private partnerships that help our region grow and thrive. This three-way partnership has benefited the region in a number of ways and has tremendous potential for greater economic impact in the future. The award will be presented by MBEP Board Chair Cynthia Larive and MBEP President and CEO Tahra Goraya in a virtual format during MBEP’s 8th Annual Regional Economic Outlook on May 20

Joby Aviation Inc. (NYSE:JOBY) is developing all-electric aircraft for commercial passenger service. Its revolutionary electric vertical take-off and landing (eVTOL) aircraft is designed to operate as an air taxi service in cities and communities around the United States, with a planned launch of service in 2024.

“We are extremely fortunate to have an industry leader like Joby Aviation in our own backyard,” said MBEP Board Chair and UC Santa Cruz Chancellor Cynthia Larive. “They are central to the emerging electric-vertical-takeoff-and-landing industry, which is reimagining transportation and demonstrating how aviation can be more sustainable. In doing so, they are also creating hundreds of good jobs for our region, from engineering and manufacturing to administrative positions, invigorating our regional economy, and highlighting the Monterey Bay region as a hub of tech innovation. The collaboration between the City of Marina, the County of Monterey and Joby Aviation is a wonderful example of what is possible when the public and private sectors work together.” 

Joby Aviation has been working on the future of electric flight in and around the Monterey Bay area for more than a decade, says company spokesperson Oliver Walker-Jones. With more than 1,000 employees, Joby continues to grow, with more than 200 roles currently advertised.

“We’re pleased to be developing our pilot manufacturing facility in Marina and to be working with local groups to develop opportunities and to best position the local community to take advantage of our growth,” says Walker-Jones.

Monterey County Administrative Officer Charles McKee says Joby has been an ideal partner with significant regional impact.

“Bringing Joby Aviation to Monterey County is a credit to the City of Marina and MBEP, as well as Joby’s insight,” says McKee. “However, the impact of Joby is region-wide. This partnership will help push the door further open to additional tech and manufacturing entrepreneurs into the Monterey Bay region in the future. It shows we are a region with workers, infrastructure, and technology to be attractive to employers looking for an ideal location to relocate or start up. The public-private partnerships with Joby, City of Marina, the County of Monterey and MBEP also show our willingness to be creative. We thank Joby Aviation for recognizing Monterey Bay as an ideal place to locate cutting-edge industries.”

Marina City Manager Layne Long says the city has worked with Joby Aviation for more than four years in establishing a base for a new aerospace industry operating at the Marina Municipal Airport. 

“Joby’s presence in Marina and Monterey County will have a profound impact on the creation of thousands of jobs and new high-tech businesses in our region,” says Long. “The City of Marina is grateful for the continuing support of Monterey County and MBEP in bringing this new industry and others to our area.”

“We are pleased to recognize Joby, City of Marina and County of Monterey with MBEP’s Public-Private Partnership award! Cross-sector, creative, and impactful partnerships are what MBEP aims to facilitate and convene. This is a beautiful example of what we can accomplish when we work together for the well-being of our region,” stated Tahra Goraya, President and CEO of MBEP. 

The award will be presented during MBEP’s 2022 Regional Economic Outlook, which will take place from 9- 11 a.m. on Friday, May 20 and will feature Christopher Thornberg, founding Partner of Beacon Economics, LLC. Widely considered to be one of the nation’s leading economists, Dr. Thornberg is an expert in revenue forecasting and regional economics. Registration details can be found here: https://mbep.biz/events/economicoutlook2022/

Click here for a PDF version of this press release.

5.13.22 - Uplift Central Coast to Develop Inclusive Coalition for State Economic Resilience Grant Opportunity

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
media@mbep.biz / ‭(831) 224-2132‬

FOR IMMEDIATE RELEASE

Uplift Central Coast to Develop Inclusive Coalition for State Economic Resilience Grant Opportunity

(Marina, CA) – The six-county Uplift Central Coast Coalition — led by REACH, the Economic Development Collaborative (EDC) and Monterey Bay Economic Partnership (MBEP) — is excited to announce its continued partnership to develop an application and secure our region’s share of California’s new $600 million Community Economic Resilience Fund (CERF).

The purpose of CERF is to support new plans and strategies to diversify local economies and develop sustainable industries that create high-quality, broadly accessible jobs for all Californians.

The CERF strategy is based on triple bottom line principles and values — economy, equity and environment — and calls for input from and ultimate benefit to disadvantaged, disproportionately impacted and under-represented communities.

Moving forward, our broadened Uplift Central Coast initiative will identify, prioritize and invest in a wide range of workforce and economic development projects, while contributing to a comprehensive approach to regional economic resilience. Our efforts and partnerships will continue to cover the six-county region: Santa Cruz, San Benito, Monterey, San Luis Obispo, Santa Barbara, and Ventura counties. Grants of up to $5 million per region will be awarded this fall to support inclusive engagement and planning efforts to inform regional investment opportunities.

“The CERF initiative is a unique opportunity to strengthen the economies of not just the Monterey Bay but of the entire six-county Central Coast region, creating a broadly based infrastructure of jobs, workforce development, research, and investment,” said Monterey Bay Economic Partnership President and CEO Tahra Goraya. “This truly collaborative approach between government, education, industry, and community partners across the Central Coast will result in innovation and diverse opportunities that will benefit our regions and our
residents in all of our communities.”

If you would like to stay engaged, track progress, or participate with this coalition, join us!

Click here for a PDF version of this press release.

5.11.22 - Monterey Bay Economic Partnership to Host 8th Annual Regional Economic Outlook

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
media@mbep.biz / ‭(831) 224-2132‬

FOR IMMEDIATE RELEASE

Monterey Bay Economic Partnership to Host 8th Annual Regional Economic Outlook 

(Marina, CA) –  Monterey Bay Economic Partnership (MBEP) will host its 8th Annual Regional Economic Outlook in a virtual format from 9 to 11 a.m. on Friday, May 20. This year’s Economic Outlook will feature Christopher Thornberg, founding partner of Beacon Economics, LLC.  Widely considered to be one of the nation’s leading economists, Dr. Thornberg is an expert in revenue forecasting, regional economics, economic policy, and labor and real estate markets.

In addition to an up-to-date analysis of leading indicators driving the state and national economies, Thornberg will deliver a focused look closer to home, as he talks about how the impacts of COVID-19 and housing challenges are particularly impacting the Monterey Bay region.

“As the pandemic-driven recession falls further into our collective rearview mirror, one of the biggest future challenges along the Central Coast, and particularly in the Monterey Bay region, is the sharp decline that’s occurred in the region’s labor force. The ‘Great Retirement’ that has happened nationwide is having a decided impact on the Central Coast because of the area’s lack of housing supply,” says Thornberg. “The demand for local housing is not going to decline any time soon, making it difficult for businesses in the region to meet their workforce needs. Like other parts of coastal California, in order to grow the economy, the region needs to create entry-level housing that attracts and retains working-age families.”

“The issues facing our region have not changed but magnified the depth of work we all have to do,” says MBEP President & CEO Tahra Goraya. “The pandemic shed light on the historical institutional challenges facing our tri-county region, especially communities of color. MBEP’s work is ever more critical in advocating for housing for all across all income levels, reducing the digital divide through broadband access, economic and workforce development that is inclusive across gender, age, race, and skill levels, as well as the critical need for collaborative and innovative approaches to policymaking at the local, regional, state and federal levels. I am hopeful that in partnership with public, private, philanthropic, and community-based organizations, we can partner to create an ecosystem that looks out for the planet and its people while being successful. Just as we are unique in our geographic beauty, industries, and people, we are also unique in creating innovative solutions.”

The event will also feature the presentation of MBEP’s 2022 Public-Private Partnership Award. This year’s award will be presented to Joby Aviation, the City of Marina, and the County of Monterey. This annual award recognizes the public-private partnerships that help our region grow and thrive. 

MBEP’s 8th Annual Regional Economic Outlook is free for MBEP members and $29 for non-members. Registration details can be found here: https://mbep.biz/events/economicoutlook2022/

Reporters interested in attending may contact MBEP Marketing and Communication Specialist Jessica Gilden at jgilden@mbep.biz or call (831) 295-2879 for a registration code.

About Monterey Bay Economic Partnership (MBEP)

Monterey Bay Economic Partnership (MBEP) is a regional member-supported nonprofit organization consisting of public, private, and civic entities located throughout the counties of Monterey, San Benito, and Santa Cruz. Founded in 2015, our mission is to improve the economic health and quality of life in the region.

Click here for a PDF version of this press release.

5.10.22 - New Housing Need Report for the Monterey Bay Region Highlights Housing Affordability Challenges for Low-Income Families: What Can Local Leaders Do to Help?

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
media@mbep.biz / ‭(831) 224-2132‬

FOR IMMEDIATE RELEASE

New Housing Need Report for the Monterey Bay Region Highlights Housing Affordability Challenges for Low-Income Families: What Can Local Leaders Do to Help?

(MARINA) – Newly released today, the California Housing Partnership’s 2022 Affordable Housing Needs Report shows that increases in the cost of living continue to push housing affordability out of reach for many low-income families in the Monterey Bay region. 

Key Findings for Santa Cruz County

  • In Santa Cruz County, renters need to earn $48.08 per hour — 3.2 times the state minimum wage — to afford the average monthly asking rent of $2,500. 

  • Asking rents in Santa Cruz County increased by 15% between Q4 2020 and Q4 2021. 

  • State and federal funding for housing production and preservation in Santa Cruz County is $19 million, a $48% decrease from the year prior. 

Key Findings for Santa Benito County:

● Renters in San Benito County need to earn $27.77 per hour — 1.9 times the state minimum wage — to afford the average monthly asking rent of $1,192.

● Asking rents in San Benito County increased by 1.1% between Q4 2020 and Q4 2021.

● State and federal funding for housing production and preservation in San Benito County is $2 million, a 33% decrease from the year prior.

Key Findings for Monterey County:

● Renters in Monterey County need to earn $36.5 per hour — 2.4 times the state minimum wage — to afford the average monthly asking rent of $1,899.

● Asking rents in Monterey County increased by 8.6 percent between Q4 2020 and Q4 2021.

● State and federal funding for housing production and preservation in Monterey County is $103 million, a 17% increase from the year prior.

“The lack of housing affordability is the leading issue in the Monterey Bay and Central Coast region,” said MBEP President and CEO Tahra Goraya. “Our housing team is working collaboratively across sectors to address Monterey Bay’s 6th Cycle Regional Housing Needs Allocation (RHNA) goals through leveraging regional Housing Element workshops and other efforts. The Housing Element process is a once-in-a-decade opportunity to engage the community as we work to ensure plans adequately address the dramatic increase of the over 33,000 additional units that our region is charged with accommodating by 2030 across income levels throughout Monterey, San Benito, and Santa Cruz counties.” 

More

In 2018, MBEP published a Housing White Paper that is cited widely in crafting policies to advocate for increased housing production across all income levels. These nine policy recommendations are in line with MBEP’s overall Housing Initiative strategy advocating to reduce barriers to housing production by supporting infill development to optimize land use and housing outcomes, reduce urban sprawl, and meet climate action goals. MBEP’s recommendations: 

  • Scale All Fees by Square Foot, Not Per Unit 

  • Defer Development Impact Fees

  • Enhanced Bonus Density Ordinance

  • Reduce Parking Requirements 

  • Reduce Commercial Space Requirements

  • Local Funding Sources Available for Affordable Housing

  • Comprehensive Pro-ADU Production Policies 

  • Update Traffic Analysis

  • Zoning for Density 

 While much remains to be done to meet the demand for affordable housing, progress is being made: In Santa Cruz County, ground is breaking this year on several projects, including Pacific Station South and 525 Cedar Street, which will bring a combined total of more than 400 affordable units. Monterey County is seeing growing momentum around employer-sponsored housing efforts across sectors. From Soledad Unified School District’s November 2020 bond measure to various farmworker and H2A housing projects like Harvest Moon, to the City of Salinas moving to make zoning code amendments for educator housing, employers are actively looking at ways to combat the housing affordability crisis. In San Benito County, the Epicenter mixed-use project in downtown Hollister is well underway, with its space housing local nonprofit organizations now open and a neighboring affordable housing component under construction.

Housing Santa Cruz County (HSCC), a broadly based coalition working to increase affordability, advocates for the following policy recommendations to address the county’s housing crisis: 

  • Create new local funding streams dedicated to affordable homes for lower-income residents, with special attention to filling gaps in pre-development funds to initiate new projects.

  • Support Housing Elements in each jurisdiction that get serious about designating specific viable sites and workable policies to expedite the creation of new affordable housing.

  • Encourage each jurisdiction to participate in the state of California Prohousing Designation Program to improve the chances of receiving additional affordable housing funds from the state.

  • Support specific affordable projects in key opportunity areas, including Downtown Santa Cruz, Downtown Watsonville, the Capitola Mall, the Scotts Valley Town Center, and major transportation corridors in the unincorporated county area.

“Despite receiving federal and state funds provided as part of larger fire and COVID relief efforts, Santa Cruz County remains an unaffordable community for its essential workers,” said Diana Alfaro, project manager with MidPen Housing Corp. and Vice Chair of Housing Santa Cruz County. “We look forward to breaking ground on nearly 400 new affordable homes throughout the county in 2022, but it’s crucial that we continue to advocate in coalition for expanded local, state and federal resources to meet the need for critical affordable housing infrastructure in the region.”

View the reports for Monterey County, Santa Cruz County, and San Benito County

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Monterey Bay Economic Partnership (MBEP) is a regional member-supported nonprofit organization consisting of public, private, and civic entities located throughout the counties of Monterey, San Benito, and Santa Cruz. Founded in 2015, our mission is to improve the economic health and quality of life in the region. |  mbep.biz

The California Housing Partnership creates and preserves affordable and sustainable homes for Californians with low incomes by providing expert financial and policy solutions to nonprofit and public partners. Since 1988, the Partnership’s on-the-ground technical assistance, applied research, and legislative leadership has leveraged $30 billion in private and public financing to preserve and create more than 85,000 affordable homes. In addition, the Partnership provides statewide publications and data tools for housing research and outcomes tracking. | chpc.net

Click here for a PDF version of this press release.

4.18.22 - MBEP Announces the Appointment of UC Santa Cruz Chancellor Cynthia K. Larive as New Board Chair

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

MBEP Announces the Appointment of UC Santa Cruz Chancellor Cynthia K. Larive as New Board Chair

(Marina, CA) – University of California, Santa Cruz Chancellor Cynthia K. Larive will assume the role of incoming board chair for the Monterey Bay Economic Partnership. A collaborative leader known widely for her commitment to student success, inclusion, and equity, Larive has promoted innovation and regional prosperity through the advancement of cutting-edge research and wider educational access.

Larive is an accomplished bioanalytical chemist who has published more than 150 scientific papers, led numerous programs for undergraduate research and curricular innovation, and written more than two dozen articles on active learning, mentoring and experiential learning. Since arriving at UCSC in 2019, Larive has prioritized improving graduation rates and eliminating graduation gaps for low-income and first-generation students, and for those from groups traditionally underrepresented in higher education. 

She also has been a booster of regional economic development, fostering the university’s relationship with Startup Sandbox, the premier local technology incubator, and launching the UCSC Innovation and Business Engagement Hub to give potential industry partners and supporters a clear point of entry to the campus innovation ecosystem. 

Larive is a first-generation college graduate, having earned her bachelor’s from South Dakota State and master’s from Purdue, both in chemistry. She received a Ph.D. in analytical chemistry from UC Riverside.

“MBEP’s goals — equitable economic development, high-quality educational and health-care systems, and environmental preservation — align with what many of us in this region are working toward,” Chancellor Cynthia Larive said. “Convening local leaders and working together is how we can advance this vision and ensure our communities thrive.”

MBEP President and CEO Tahra Goraya welcomed Larive’s leadership: “The board and I are delighted that Chancellor Larive will be serving as board president. She is a wonderful collaborative leader and I look forward to not only working with her in this new capacity but also her mentorship and guidance on our key initiatives through the triple bottom line of equity, environment, and a thriving economy.”

Goraya added that she appreciates the growth and evolution of MBEP under outgoing board President Eduardo Ochoa: “We are grateful for his leadership and vision.”

“The Monterey Bay Economic Partnership serves an essential role in furthering a thriving future for the region,” said Dr. Ochoa. “Chancellor Larive’s focus on the technology sector at UC Santa Cruz is a strong indicator of the outstanding leadership and advocacy she will bring to her tenure as chair of the board of MBEP. The board will benefit from her spirit of collaboration as she continues the work of strengthening our regional economy. I congratulate Dr. Larive on her new role and I trust that she will find it as enriching and rewarding as I did over these past years.”

 About Monterey Bay Economic Partnership (MBEP): Monterey Bay Economic Partnership (MBEP) is a regional member-supported nonprofit organization consisting of public, private, and civic entities located throughout the counties of Monterey, San Benito, and Santa Cruz. Founded in 2015, our mission is to improve the economic health and quality of life in the region.

About UC Santa Cruz: A global research university with an uncommon emphasis on undergraduate research and education, UC Santa Cruz is part of the world’s most celebrated system of public higher education, and stands among the most renowned institutions of higher learning. It leads at the intersection of innovation and social justice. 

3.30.22 - MBEP Celebrates Women's History Month: “Celebrating Women’s History Month: Today and Tomorrow” Recap Now Available

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

MBEP Celebrates Women’s History Month: “Celebrating Women’s History Month: Today and Tomorrow” Recap Now Available

(Marina, CA) – Employers across the Monterey Bay region are working to create stronger, more diverse organizations, but the struggles women still face when it comes to work-life balance, access to affordable childcare, and advancing in their careers show there’s much work yet to be done.

On March 24, Monterey Bay Economic Partnership hosted “Celebrating Women’s History Month: Today and Tomorrow,” featuring a cross-sector of seven accomplished female leaders who currently serve on MBEP’s Board of Directors. Moderated by MBEP President & CEO Tahra Goraya and incoming MBEP Board Chair UC Santa Cruz Chancellor Cynthia Larive, the panel discussion looked at various aspects of female leadership: why it matters from a social and economic standpoint, how role models and mentors influence success, how female leaders strive (and sometimes struggle) to integrate their career and personal lives, and how much we all need to build up support systems that allow women to advance and thrive in the workplace.

Panelists included Katy Castagna, President & CEO, United Way Monterey County; Sandi Eason, Executive Vice President/Chief Operating Officer, Pacific Valley Bank; Rosa Vivian Fernández, President and CEO, San Benito Health Foundation; Nanette Mickiewicz, M.D., President, Dominican Hospital; Francine Rodd, Executive Director, First 5 Monterey County (F5MC); Krista Snelling, President & CEO, Santa Cruz County Bank; and  Susan True, CEO, Community Foundation Santa Cruz County.

At MBEP,  nearly half of the board of directors are female, and women make up 75 percent of a team that closely reflects the region’s diversity. Nonetheless, the challenge of creating an equitable and diverse team is an ongoing one, not just for MBEP but for organizations across the region, said Goraya. “MBEP strives to have gender representation and equity to the extent possible. We are constantly learning and evolving as we try to exercise those values and principles.”

It’s those ongoing challenges that make MBEP’s women in leadership conversation — a first-of-its-kind event — so significant, said Larive.

Child care policy has to be at the forefront of the conversation: Only 19 percent of parents can afford full-time child care with one child, according to a Central Coast Early Childhood Advocacy Network survey, and that drops to 10 percent of households with two children, said Rodd. 

To help women move into leadership roles, it’s crucial to create systems that support their advancement and professional growth, from networking and mentoring opportunities to lifting up female colleagues by recognizing their strengths and accomplishments. Those investments in women ultimately strengthen the region as a whole.

“Representation matters because role models are important, but also because diverse voices and perspectives lead to better decisions, to better outcomes, and to an inclusive vision of the future,” said Larive. “That’s true for the future of my university and it’s true for the future of our greater Monterey Bay region.”

See a more detailed recap on MBEP’s website and the full recording of MBEP’s panel discussion, “Celebrating Women’s History Month: Today and Tomorrow”

https://www.youtube.com/watch?v=s8jEv0YpsEQ

About Monterey Bay Economic Partnership (MBEP)

Monterey Bay Economic Partnership (MBEP) is a regional member-supported nonprofit organization consisting of public, private, and civic entities located throughout the counties of Monterey, San Benito, and Santa Cruz. Founded in 2015, our mission is to improve the economic health and quality of life in the region.

9.23.21 - JoeBen Bevirt to Speak at MBEP State of the Region on How Joby Aviation is Reinventing Transportation

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

(September 23, 2021) – Marina, CA – Founder and CEO of Joby Aviation (Joby), JoeBen Bevirt will be the keynote speaker at the Monterey Economic Partnership (MBEP) 7th annual State of the Region on October 29, 2021 to share insights on how his company is changing the way we think about transportation. Joby is building a fully electric vertical take-off and landing (VTOL) passenger aircraft optimized to deliver an air taxi service beginning in 2024. Founded in 2009, Joby employs more than 700 people, with offices in Santa Cruz, San Carlos, and Marina, California, as well as Washington D.C. and Munich, Germany.

MBEP’s annual State of the Region includes cross-sector conversations covering a range of topics from childcare to housing, systemic racial bias in our education system, how state surplus and federal funds are being deployed to benefit our region, and more.

“We are pleased that JoeBen Bevirt will be joining us as our keynote to speak about the need for sustainable mobility in today’s congested cities,” said Kate Roberts, President and CEO of MBEP.  “The need for timesaving, environmentally-friendly transportation is becoming more critical every day.” 

Program Highlights:

Keynote: JoeBen Bevirt, founder and CEO, Joby Aviation

Panel Discussion: Paul Farmer, CEO of the Salinas Valley Chamber of Commerce, will facilitate a panel discussion on how the lack of access to quality affordable childcare has led to ripple effects that have impacted all industries. 

“Lightning Rounds”: Short inspiring talks will address issues pertinent to our region, propose a solution, and offer ways for attendees to get involved. Topics include creating equitable economic opportunities, new ideas on affordable housing, increasing degree attainment, systemic racial bias in our education system and how best to navigate life with COVID-19 variants.

Fireside Chat: Senator John Laird and Congressman Jimmy Panetta (invited) will share how and where the millions of dollars of federal and state recovery funds are being allocated in our region. 

Community Impact Award: Each year at the State of the Region, this award is given in recognition of an individual who demonstrates significant community impact and leadership that inspires others. This year’s award recipient will be announced during the event.

Virtual Platform. Due to ongoing concerns about COVID-19 and variants, this event will be held on Zoom. 

Tickets and Sponsors: The complete program can be found below and on our website where tickets may be purchased. MBEP would like to thank our generous sponsors: San Benito Health Foundation, Ow Family Properties, South Swell Ventures, UC Santa Cruz, Dignity Health, Salinas Valley Memorial Healthcare System, CSU Monterey Bay, Bay Federal Credit Union, Goodwill Central Coast, Graniterock, Monterey County Weekly, Santa Cruz Works and KAZU Radio.

About MBEP 

Monterey Bay Economic Partnership (MBEP) is a regional, member-supported nonprofit consisting of public, private and civic entities located throughout the counties of Monterey, San Benito and Santa Cruz. MBEP’s mission is to improve the economic health and quality of life in the region.

 

7.14.21 - Monterey Bay Housing Trust Funds 40 Affordable Homes for CHISPA King City Development

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

(July 14, 2021) -King City, CA-Monterey Bay Economic Partnership and Housing Trust Silicon Valley announced today a $680,000 acquisition loan to Community Housing Improvement Systems & Planning Association Inc. (CHISPA) to purchase property in King City and create 40 affordable homes aimed toward farmworkers in the region.

The property is currently made up of five vacant parcels. On each CHISPA plans to build an eight-unit, two-story apartment building, which will create 97 bedrooms among 40 affordable homes. The units will consist of two-bedroom and three-bedroom apartments and will be reserved for households earning up to 70% area median income (AMI) with average affordability of 50% AMI.

The project was originally planned in 2007, but the developer who owned the property walked away during the Great Recession. CHISPA bought the property from the new owner, who had acquired it out of foreclosure. The location is close to parks, a medical clinic, transit, several schools, a library, and groceries.

“We are very excited to help bring more investment to King City and South Monterey County that will help serve farmworker families who are the backbone of our region’s workforce,” said Kate Roberts, President and CEO of Monterey Bay Economic Partnership. CHISPA’s future permanently affordable rental housing at Mills Ranch is part of fulfilling the Salinas Valley Farmworker Housing Action Plan’s goal of creating 3,500 new homes over five years.”

“We’re proud to once again be part of an exciting development in Monterey County – four years after this partnership made its first loan to CHISPA,” said Noni Ramos, Chief Executive Officer of Housing Trust Silicon Valley. “There is a great need for affordable homes in Monterey County and we’re thankful for the opportunity to work with CHISPA, MBEP, and other partners to move projects forward quickly.”

About Monterey Bay Housing Trust

Monterey Bay Housing Trust (MBHT) is designed to promote the development of affordable housing throughout Monterey, Santa Cruz, and San Benito counties. The MBHT provides early bridge financing for land acquisition, predevelopment construction or preservation of affordable homes.

About MBEP

Monterey Bay Economic Partnership (MBEP) is a regional nonprofit, membership organization consisting of public, private and civic entities located throughout the counties of Monterey, San Benito, and Santa Cruz. MBEP’s mission is to improve the economic health and quality of life in the region. www.mbep.biz.

About Housing Trust Silicon Valley

Housing Trust Silicon Valley is a nonprofit community loan fund based in San Jose that works to improve the quality of life of low-income people in the greater Bay Area by increasing affordable housing opportunities. Since 2000, Housing Trust has invested over $335 million in programs that help everyone from those experiencing homelessness to renters to first-time homebuyers – creating over 20,000 affordable housing opportunities serving over 36,700 of our neighbors. It is the first nonprofit Community Development Financial Institution (CDFI) to receive a Standard & Poor’s rating, AA– because of its strong capacity to meet financial commitments. For more information visit www.housingtrustsv.org

About CHISPA

CHISPA develops affordable apartments and single-family homes in Monterey, San Benito, and Santa Cruz Counties. The organization manages affordable apartments and develops affordable homes for sale and lease. CHISPA is a 501(c)(3) California Not for Profit Corporation. For more information visit www.chispahousing.org

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11.17.20 - Tom Steyer to Speak at MBEP State of the Region on Intersection of Environmental and Economic Policy

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

(November 17, 2020) – Marina, CA – Tom Steyer, business and climate leader and former 2020 presidential candidate will join the Monterey Economic Partnership (MBEP) 6th annual State of the Region on December 2, 2020. Steyer will share updates on how California is building an equitable, resilient and sustainable economic recovery and talk about his experience as co-chair of Governor Newsom’s Economic Recovery Taskforce. 

“We are pleased that Tom Steyer can join us to provide an update on the plans of Governor Newsom’s Economic Recovery Taskforce and share with our region his insights on the intersection of environmental and economic policy,” said Kate Roberts, President and CEO of MBEP.  “The topics Tom will address couldn’t be more timely and urgent.”

Tom Steyer left his successful investing business to give his own money, time, and energy to fight for progressive causes. He has mobilized grassroots efforts to win clean air laws, forced tobacco companies to pay their share of healthcare costs, and closed a billion-dollar corporate tax loophole to fund public schools. He co-chaired Vice President Biden’s Climate Engagement Advisory Council to help mobilize climate voters.  

“Every day we are all living the impacts of our current, overlapping crises,” said Steyer. “Our communities look different because of devastating wildfires, record unemployment, and uncertainty of what the future holds. One thing we are certain of is that we must come out of this moment better, more resilient than before. This is going to require bold, urgent leadership from across sectors who know that we must meet this moment together.”

Full Program. Mr. Steyer is part of a robust program, covering a range of topics, from getting an effective COVID-19 vaccine to wildfire mitigation, to investing locally in our economic recovery, and more. We will explore some bold ideas about how we can rebound from our multiple current crises to create a more inclusive, resilient and vibrant economy for all.  

Virtual Platform. MBEP’s fully interactive, online format for the State of the Region offers so much more than a standard webinar or streamed event, facilitating high-value connections through easy search filters, direct messaging and more. Once registered, participants can build their profile to interact with colleagues, reconnect with old friends, and make new connections.

About MBEP 

Monterey Bay Economic Partnership (MBEP) is a regional, member-supported nonprofit consisting of public, private and civic entities located throughout the counties of Monterey, San Benito and Santa Cruz. MBEP’s mission is to improve the economic health and quality of life in the region. 

7.1.20 - Regions Rise Together Salinas Initiative Receives Grant from The James Irvine Foundation

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

(July 1, 2020) – Marina, CA- The James Irvine Foundation has awarded $250,000 in support of the Regions Rise Together Salinas initiative spearheaded by the Monterey Bay Economic Partnership (MBEP) and California Forward (CA Fwd). The Regions Rise Together Initiative, in collaboration with the Governor’s Office of Business and Economic Development (GO-Biz) and the Governor’s Office of Planning and Research (OPR), focuses on identifying needs and opportunities in distinct regions that can lift communities up and can be taken to scale across the state. In 2019, CA Fwd led strategy sessions encompassing 10 counties in Ontario, Bakersfield, Merced and Redding.  

In February, MBEP and CA Fwd convened a meeting of a broad spectrum of key leaders and stakeholders in Salinas, from grassroots community-based organizations and established philanthropic to civic institutions. It was clear from this first meeting that in order to create an inclusive and equitable economic planning process, racial equity would need to be at the center.

As a “triple bottom line” steward of our region, equity has always been a part of everything MBEP does. This initiative seeks to develop a comprehensive inclusive economic development plan for the Salinas Valley with diverse stakeholders and local community-based organizations leading this work. The award from The James Irvine Foundation of $250,000 will fund the first phase: creating an economically inclusive plan to execute during 2021-2023. Objectives include integrating and aligning existing community and economic development assets; identifying specific systems changes, new patterns, investments and actions needed; and mobilizing broad and equitable community input, support, and ownership needed for implementation of the plan.

“Through this process, we’ve learned that racial equity needs to be addressed in meaningful and actionable ways in our region. We are building power in communities through inclusive economic development planning, that sets the stage for the necessary and heavy conversations that must take place if we are to address racial disparities,” said Kate Roberts, President and CEO of MBEP. “We are so grateful for The James Irvine Foundation’s support of this important work.”

This type of regional inclusive economic planning with an equity lens has been modeled by Fresno DRIVE Initiative, which recently received a $15 million grant from The James Irvine Foundation and was first announced at the 2019 California Economic Summit last fall in Fresno.  

“We are excited to see a diverse and representative group of community leaders come together to envision a local economy that works for all,” said Jessica Kaczmarek, Initiative Director at the Irvine Foundation. “In this time of incredible challenge, it is imperative that solutions to economic inequality center racial equity in their approach and include the voices of those most impacted.”

Micah Weinberg, CEO of CA Fwd, said “Now more than ever we must listen and lift up voices in our communities and diverse regions across the state if we are to rebuild a more inclusive and sustainable California where all communities can prosper. We are thankful for the support of The James Irvine Foundation in this critical mission.” 

“There have been efforts to invest in economic development in Salinas, but it has not been until now that collective energy has brought together a group representative of all the voices that make this our beloved community,” said Dr. Carissa A. Purnell, Director, Alisal Family Resource Centers, a member of the initiative’s Core Team.Change cannot occur in isolation. The economic prosperity of our neighborhoods does not lie solely in our businesses, but the residents who frequent, invest, and lead those spaces that send their children to our schools, live in our homes, and still struggle to thrive. This is a unique opportunity to build power and create authentic systemic change.” 

About MBEP 

www.mbep.biz

Monterey Bay Economic Partnership (MBEP) is a regional member-supported nonprofit consisting of public, private and civic entities located throughout the counties of Monterey, San Benito and Santa Cruz. MBEP’s mission is to improve the economic health and quality of life in the region.

About CA Fwd

California Forward (CA Fwd) leads a statewide movement, bringing people together across communities, regions and interests to improve government and create inclusive, sustainable growth for everyone. A 501(c)(3) organization, CA Fwd drives collective action to identify solutions that can be taken to scale to meet the challenges the state is facing. The organization is driven by the belief that the collective impact of regional solutions across the state will help ensure the economic, environmental and equitable prosperity of all people. 

3.14.17 - MBEP Awarded Grant from Morgan Family Foundation

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

Marina, CA (March 14, 2017) The Monterey Bay Economic Partnership (MBEP) announced today that it has been awarded a $60,000 grant to further its workforce development efforts and improve connections between students and employers. The monies will be used to expand the successful regional Monterey Bay Internships resource and the newly launched Monterey Bay Career Coach, an online tool that provides career and academic options for students. A portion of the funds will also be invested in the creation of a Regional Masterplan for Career Pathways, being spearheaded by MBEP and Bright Futures.

The Morgan Family Foundation is the primary funder behind the California Stewardship Network (CSN), an alliance of 15 regional organizations committed to the economic, environmental and social well-being of California. MBEP was invited to join CSN in 2015 and represents the Monterey Bay region at the state level. Becky Morgan, CSN founder and former California State Senator, has been the primary driver of the vision of CSN, and her long-standing passion for this work and leadership continues to inspire leaders across the state.

“In its short history, the Monterey Bay Economic Partnership has proven to be an organization that takes action. The Morgan Family Foundation is delighted to continue its partnership with MBEP and the other 14 regions of the statewide California Stewardship Network, as they make connections that will keep our state innovative and its people thriving. This year, we look to MBEP to play an important role in strengthening the connection between community colleges and the business sector. This is a win-win for expanding our state’s workforce pipeline.”

About the Morgan Family Foundation:  The Morgan Family Foundation is a private, family foundation that was established in 1993. The Foundation focuses its giving on youth, education, the environment, and stewardship. 

About the California Stewardship Network:  The California Stewardship Network unites California’s regions to address the state’s economic, environmental, and social challenges and opportunities.

About MBEP: The Monterey Bay Economic Partnership (MBEP) is a regional nonprofit, membership organization consisting of public, private and civic entities located throughout the counties of Monterey, San Benito and Santa Cruz. MBEP’s mission is to improve the economic health and quality of life in the region.  

3.9.17 - Career Coach Website Launches to Help Local Students Find Local Answers

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

Marina, CA (March 9, 2017) The Monterey Bay Economic Partnership (MBEP), in collaboration with the Bright Futures Education Partnership, is pleased to announce the launch of Monterey Bay Career Coach. Monterey Bay Career Coach is a powerful online tool designed to help guide local students enter into promising careers here in the Monterey Bay region.  

With Monterey Bay Career Coach students are able to choose appropriate educational options aligned to promising local careers, counselors are able to access a user-friendly website to efficiently support student program and career planning, and college faculty can easily align curricula, certificates and degrees with up-to-date employer needs. “This tool will help our students find in-demand, quality jobs in the region,” said Ed Durkee, President/CEO, Goodwill Central Coast and MBEP Board Member.

Local students and academic counselors alike will benefit from this new regional tool. “Monterey Bay Career Coach is an excellent platform that provides an opportunity for students to take a career assessment and match their skills and interests to a career pathway. The student can then look at career options locally and local colleges that offer programs in those areas. We are excited to use Career Coach to help students reach for their dreams,” said Kim McGinnis, Vice President of Student Services, Monterey Peninsula College.

Monterey Bay Career Coach can be found on Monterey Bay Career Connect, a regional workforce development hub website which offers a breadth of services such as Monterey Bay Internships, scholarship and financial aid information, as well as other tri-county career pathway resources. Initial sponsors of Monterey Bay Career Coach include CSU Monterey Bay, Hartnell College, Monterey Peninsula College, Brandman University, and Central Coast College.  

About MBEP: About MBEP: The Monterey Bay Economic Partnership (MBEP) is a regional nonprofit, membership organization consisting of public, private and civic entities located throughout the counties of Monterey, San Benito and Santa Cruz. MBEP’s mission is to improve the economic health and quality of life in the region.

About Bright Futures: The Bright Futures Education Partnership is a community partnership of diverse members fostering progress in education outcomes for local students. Bright Futures’ charter is to ensure that every child is prepared for school, succeeds in school and enters a promising career.

 

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1.19.17 - Regional Internship Website Builds on 2016 Successes

Contact:
Marie Vasari Hislop
Monterey Bay Economic Partnership
mvhislop@gmail.com / ‭(831) 224-2132‬ 

FOR IMMEDIATE RELEASE

Marina, CA (January 19, 2017) The Steering Committee for the Monterey Bay Internships (MBI) website is pleased to announce the accomplishments made in 2016. MBI launched in February 2016 and now has over 1,200 total registered users, including 382 registered businesses and 821 registered students. The site was used to help 44 students find internships at local businesses in the first 10 months.  

Usage and adoption trends show that momentum for the website is growing. This is welcome news for the consortium responsible for the creation of MBI, whose long-term goals are to increase work experience for students, ease the transition from higher education to the workforce, and help employers find local talent. 

“We brought the founding partners together knowing there was something we could do collectively to create a better way for local businesses to connect with the rich talent pool at our local colleges and universities,” said Lance Linares, CEO of Community Foundation Santa Cruz County. “Our group’s investment of time, money, and expertise is already generating positive returns,” Linares added.

Students are reaping the benefits of this new free resource, “I’m really excited that MBI helped me find my new position with the Santa Cruz County Business Council because I’m using the skills I’m learning in school and I get to be a part of making a positive change, something greater than myself,” said Katerina Schreck, a student at UC Santa Cruz.

Employers are connected with high-quality interns that are contributing to the success of their organization, “We just released the behind-the-screen series of interviews edited by one of my interns, Michael Beckwith. The videos are excellent and there are over 20 of them. I owe Monterey Bay Internships a big thank you for bringing Michael to my business. I couldn’t have done it without him. Now he’s moving on to a paid position editing a mini-documentary for me,” said Michael Buffo, Director at House of 8 Media in Monterey, CA.

To find out more about how your organization can participate, please contact Kyle McWilliam-Lopez at klopez@mbep.biz.

About MBI: MBI (www.mbinterns.org) is a resource for both employers and students that consolidates internship opportunities from businesses throughout the Monterey Bay Region. Students from all educational institutions in the area are able to access the listings, post their profiles and apply to internship positions of their choice. The site was developed through a collaborative partnership. The coalition includes Community Foundation Santa Cruz County, UC Santa Cruz, Cabrillo College, the Santa Cruz County Business Council, the Monterey Bay Economic Partnership, California State University Monterey Bay, Hartnell College, and the Community Foundation for Monterey County.

 

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