SAN FRANCISCO (AP) — Promoters of a secretive Silicon Valley-backed ballot initiative to build a new city on farmland between Sacramento and San Francisco are releasing more details of their plan as they submit paperwork Wednesday to qualify for the November election.
That's why Jan Sramek, CEO and founder of California Forever, and the project's backers are turning to the ballot.
California and the San Francisco Bay Area are desperate for more housing, especially affordable homes for teachers, firefighters, police and other municipal workers who make a city run.
Political Cartoons View All 253 ImagesSituated between the Bay Area and the state's capital, Solano County is an attractive location for military contractors, agriculture technology and construction tech companies seeking to innovate, said Gabriel Metcalf, head of planning for California Forever.
The plan calls for $400 million to help Solano County residents buy homes in the proposed community.
Persons:
stealthily, Jan Sramek, Gabriel Metcalf, Metcalf, Sramek, Laurene Powell Jobs, Reid Hoffman, Marc Andreessen, ”, John Garamendi
Organizations:
FRANCISCO, —, California, Travis Air Force Base, Solano County —, San, California Forever, LinkedIn, Democratic U.S . Rep, U.S . Air Force
Locations:
Sacramento, San Francisco, Solano County, Rio Vista, California, San Francisco Bay, Texas, Vallejo, Fairfield, Silicon Valley