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Reuters – July 20 From building sea walls to nurturing “living” seashores, an array of potential solutions to rising sea levels have been discussed by local authorities up and down the coast, but all are expensive and none had come up with a way of addressing the cost - until now. Under a proposed state bill, a “revolving” fund would be set up to provide soft loans for cities to buy vulnerable seaside properties from willing sellers, and then rent them back to the owners or tenants for as long as they remained habitable. The proposal has been billed as the first strategic attempt to address the task of moving coastal cities back from rising seas, and it could also help local government leaders maintain the stream of revenue with rental income.

United statesSan joaquin countySan diegoSan diego countyGavin newsomMartin luther king jrGustavo velasquezAllen matkinsCalifornia nurses associationCalifornia department of housingSan diego unionCalifornia hospital associationCommunity developmentBrown actCalifornia environmental quality actBagley keene open meeting act