New Housing Help For Schwarzenegger
A little-talked about deadline hovering over Governor Schwarzenegger's Sacramento housing status has led to the creation of a special foundation and may ultimately lead to a new Governor's Mansion.
Earlier this year, the governor's campaign advisers were told by the state's Fair Political Practices Commission that the "Schwarzenegger 2006" committee could pay for the governor to stay at the Hyatt Regency in Sacramento... but only for a year.
And Wednesday marks his one-year anniversary in office.
Schwarzenegger rented a suite at the Hyatt during his entire first year in office. Campaign finance records show that in the first six months of 2004, those lodgings cost almost $55,000.
The one year deadline, according to the FPPC's official advice letter, was based on federal tax guidelines about travel and lodging expenses.
This afternoon, the governor's campaign attorney Thomas Hiltachk announced the creation of the Governor's Residence Foundation of California. The non-profit group will raise money specifically for Schwarzenegger's housing needs while in Sacramento.
But the press release hints that more may be on the horizon. The foundation's mission is described as also working towards the "purchasing, constructing, furnishing, improving, repairing, operating, and maintaining the official residence for the Governor of California."
So who will run the foundation, and how public will its fundraising be? Details, according to Hiltachk, will be "forthcoming."