as i said i'll emotional as someone that remembers what it feels like i'm enjoying even though moment and can't wait for the day this place in particular is rehabbed when we do work at west side court and holly court and west point and those elements that have been delipidated for many many years i want to emphasize the importance of not expecting services to find their way or people to find their way to where services are it is difficult it fourth how many services are available all over the city we're using those services and bringing them directly to the community room of the public housing development we're going to be bringing hope to the public housing residents and i look forward to the day when we change the way this city

does business were our resident and no longer being operating in isolation thank you to olsen lee and highs team and hud and mayor's office of housing and allowing the red tape and the bureaucracy not to get in the way of progress and thank you to barbara smith if he housing authority to do the best they can with the limited resources this is a great day i'm looking forward to the changes to competency (clapping). >> so excuse me. supervisor breed president breed struck a question why are we doing this we're doing this for the residents we want the residents to have a better life with the improvements only the physical side and on the social service

side but we're sort of johnny come lately the housing authority was isolated for a long time two organizations that have stood instead of in the water department's wants and this needs of the resident for many in reinforces i'm hoping we're actually dlifrp i delivering on some of them as this demonstrates so and so two organizations at citywide council of senior disabled residents and the housing tenants association behind me is beverly and joyce armstrong (clapping). >> and we thank them we thank them trembling fewer support in getting us to this point because they've heard a lot of promises over the years we were just like another set of promises but at

this point, we're going to be delivering on the promises but beverly and joyce i'm going to ask more of your patience i'm going to ask for your patience because you you know we have planned i'm going to ask for your patience we're going to get though the rehab it will be messy but at the end of the day we're to be we are not off i want to ask beverly to say a few word (clapping.) >> smooimdz beverly senate file have a i'm president of the citywide council of senior disabled we advocate our seniors disabled in our building and public housing we advocate for them in every aspect of they're living i would like to bring joyce up here as well they do a tremendous job advocating for that the family developments.

>> thank you beverly good afternoon, everyone thank you secretary castro we want to thank the supervisors who work and malia cohen and london breed our housing folks are making it easier for public housing and thank barbara smith she's the redevelopment housing queen we call her, in fact, we have of one of this i live in and represent we're excited and welcome this program the secretary we have something to give you we have fighting to keep your jurisdiction wide of councils in place we're important to advocate for the people who can't be here all the time we're conducting leadership trainings which we 14reb9d black

history and the new year we're diverse and reaching out to the people in public housing just remember i'm here to advocate to keep our jurisdiction wide and some suggestions for you all you can share with president obama the 3 things anything that anyone needs ask us and we'll be there thank you (clapping.) >> the strength of the jurisdiction wide organizations is that they're elected by the tenants and the buildings or developments to represent so we're internal to it we ourselves are tenants we live in the buildings and developments at threat with the conversions to rad rad didn't have a provision for the continued existence of those jurisdictions wide counsels this you give us a

lot of worry about who is there to advocate for them who is there to you think if i them together so their voice is heard whatever the issue regardless of who is managing them who owns them the tenants were not sold all right. so they need their advocacy that's what we're here for so mayor ed lee and secretary castro we need to fix this okay (laughter) we need to save our jurisdiction wide our duties is to represent the tenants in the housing in every aspect of their lives and to take that away from them leaves them sloimentd and weak take us seriously we need the continuation of those organizations thank you. (clapping.) >> >> so we're going to

conclude the program and have a little opportunity for q and a but before we go to that i'd like to thank you know an incredible number of people and i won't thank them all individually i apologize in advance for not thaiks them terms of mr. secretary we want to acknowledge the assistant secretary for his work also and so on and so forth and the former assistance secretary and our own staff and would like to thank the folks that gave me with our staff on a daily basis that holds this transaction together and greg and others

in terms of the city staff it is the whole city that works on this (laughter) federal reserve the mayor's office the city administrators offers and naomi kelly is critical in the task force and the departments of all sort of lined up behind the mayors directive assist the housing authority i know tom from dbi and planning and dpw and the human resources we're all working targeted a common goal this is again, the whole notion that the housing authority are no longer a island in san francisco i want to thank the enterprise list and the other people we're working with the developers and the cohorts and thank our housing developers we're uniquely blessed in san francisco to have 5 eco system

they've step up to the plate and it is continuing to be difficult they'll do it t and last but not least i want to thank my staff who have been working on this lydia and others who have been leading the charge (clapping.) again, thank you all we will all do this together and hopefully, all see each other in he 12 months for the groundbreaking for the first one or the completion of the late last - at this point we'll on the floor for questions. >> i heard the secretary mention $11 million in federal funds and local money how does

that free up $5 million. >> the 11 millions is the rehab we have for this particular building the so the 35 buildings that are being rehabbed through the rental system will get $500 million in rehab that's sort of the number for the larger portfolio the $11 million. >> so the $500 million source. >> it's a variety of things from private first mortgages to loan and tax accurate equity some b will be the contribution from the check signed that i even though mayor the 52 million okay. and growing all those sources combined will go towards funding those are repairs that's

the repairs not just the software quote/unquote you know related to the arithmetic and the consultant and things like that but repairs alone. >> the private and one of the unique things, yes public housing can be financed with private first mortgages because of the rental assistance program their vouchers instead of them to the housing authority this is one of the unique things changing the form of the lender they call private section 8 in the past the secretary and the depended have model that on behalf of the public housing site they're creating a form of investors vouchers that the leopard are familiar about yes there will be private first mortgages and supported by rad

vouchers. >> how much is the city public housing is going to be run by private nonprofit. >> those 35 hundred units will be all ultimate run by private parties some are nonprofits and some for profit one of the unique things structured those transactions is that we'll hold the housing authority holds the land it is not going to be sold off and the housing authority remains involved in managing the assets for the for assembly future. >> all san francisco public housing will be managed by outside agrees. >> that's correct. >> what housing authority will be involved. >> well, the housing authority ruling role is clearly going to be involved. >> (repeated.) >> the constitution of the united states. ownership and management to asset management and have an incredible role with

the voucher program in terms of hud's role it will remain the same they're the people responsible for the resources and their got the demolition to make sure we use the resources appropriately and have the obligation to serve and goal to serve low income people. >> timeline we hope to start construction on the first project if october of this year. >> nonprofits in place do we know who is going to manager. >> on the wednesday night under the housing authority will be the particular developments they're currently engaged in as we said we're at the start of the process we have to go through a few things like the leopard approval and the hud staff this is a momentous occasion they have to sign off

on the packages but the developers that have been selected that i itself housing authority for their negotiations are listed on 7sz housing authority website. >> >> i am jim lazarus with the

chamber of commerce co-chairing the outreach effort as we transition to gross receipts. thank you for being here. this has been a huge effort for many years. in fact from the business community interest goes back decades with our ongoing concern that you don't tax job creation. you tax economic success and although the city is limited -- cities and counties are lipted in california on the income side gross receipts is as close as we can get to a tax structure that allows us to tax economic activity and growth rather than jobs and certainly in this economy now when we made other steps to move job creation forward even with the payroll tax in place this is going to be a great transition as businesses look at their tax liabilities under the payroll tax transition the remaining four, and five years to a full gross receipts

tax. supervisor christensen here today and members of the mayor's staff and the tax collector's office and the controller's office that really made this possible during years of work, research and many, many months two years ago of negotiations that lead to the successful ballot measure so it's our pleasure representing part of the business community to be here and now the manufacturing community. >> so kate sous executive director and co-chair. i think creating this program was a great pleasure and a accomplishment when we worked on this together with kindred spirits and finance and tourism and hotel sectors and really brought all of the folks together around the same table including labor intensive businesses

and manufacturers and i am proud about that and businesses that are labor intensive and manufacturers and those businesses this is a celebration and affirmation that san francisco is open for small business and manufacturing, and i couldn't be more excited about the kind of base this builds for us as a city to continue to have these kinds of businesses start, stay and grow in san francisco so without further adieu i would like to introduce our hero of the day mayor ed lee. [applause] >> i have been called many names before but not hero. thank you. i was just walking in i was persuading jose to come over on this side because this group is about the people who generate the revenue and that group is about the people that spend the revenue. i am so glad to be here with all of the names announced and supervisors as

well with the small business commission, our sf made movement and of course our chamber. today is all about great news. this is the first we've actually completed a full year of our new gross receipts business tax as opposed to what both jim and kate described already and the job punishing payroll tax from before and it's a milestone. i said three years ago when we were putting proposition e i think of the alphabet, to convince everybody this was going to be better and scott you know for small businesses you create a million dollar exemption. that is pretty good and supportive and i know mary and everybody else here knows that we have been and wanting to make sure that we reflected our support for all of our small

businesses while we change a tax structure that really inintized job creation. i am still passionate as three years ago about getting good jobs out there and as we see the innovation going on in our city combined with i think the investor confidence that we have in the business community we're seeing a huge surge in job creation. we can then make sure on the promises to our youth that they're really going to have a good time if they stay with us and continue their education and by the way businesses is investing in education as well at the same time, and so is our great successful business leaders that you've heard this past week and too and philanthropy is also on the great rise and this is all part of that great story that a

business friendly, investor friendly city can be a city that exemplifies its prosperity and equalizes everybody's live r life here and whether it's education and housing and the greatest jobs to produce. i want to give a personal thanks that this year's success first of all has in large part has to do with early meetings that we had with our treasurer, jose cisneross and combined with great financial minds in the city and ben rosenfield and ted eagon and ted is here and he had the very difficult task joining with a whole team going around the entire city as i recall ted because i asked you to report back to us what was the business community saying big and small and he would have this group meeting and this meeting and this group would have so many cautious things about changing the business tax and the

chamber weighed in and so many other groups that we were concerned about. industries that are all important to us and we had to weave together a collaborative reform that invited everybody to the table, and said not only set -- said it but demonstrated we didn't want to lose any major industry in the city. the other thing we were informed of and came through in all of the meetings as a result of this was that they told the treasurer and told us you got to make it easy. you got to make it workable for everyone. if you have a complicated tax system even if you claim it will be helpful that's not going to be that helpful to everybody, and this is where i want to just really single out that this past year jose and his entire staff are to be congratulated because if you go on that website as i have done and we were here

personally and walking me through, and by the way i am one of the few folks that still does my own taxes, and you know why i do my own taxes? because i'm not an asset rich individual like you all here so that's why it's easy to do my taxes. it's a one pageer and i had to do that with the website and it's just as easy and we're getting kudos for it and easy to navigate and it was so easy and called out for one of the examples of innovation by our governor jerry brown and said this is the stuff you have to do in our cities to be successful. have that innovation and technology support from the group with us. have their commitment to be easy for all of the taxpayers, and then the benefits of this transition will be that much more felt so i want to give a

hearty thanks to jose and his crew. i know he is dedicated in many ways to make our city succeed and on the cusp of education and certainly educating our immigrants and all of our under privileged that they can our financial education that he wants to help them be even more successful, so he's much more than our treasurer tax collector. he's been showing a great heart they think goes along with all of our city employees. they always have a chance to demonstrate for more than what the job calls for and that's why we have such a great city and i want to say thank you to you and your staff. thank you to what you have done to make it easy for everybody and your commitment being engaged with our community, not just the business community, but i will tell you without this strong relationship that we are developing with our business community you won't get

creative jobs. you won't get good conversations about investing in education, investing in our hospitals, investing in our communities, strong neighborhoods. all of that wouldn't happen unless there was a strong belief in our collaborative spirit in the city so i am very happy to just sarks announcing this on valentines weekend and everybody make sure you grab a cookie and chew your way to a good heart and we announce this has been a very good successful launch of ongoing relationship we want to continue having with our business community so that we can create the kinds of local jobs that katie and scott and everybody wants to have in this city continue making a great city. thank you for being here today. [applause] >> i will introduce the treasurer tax collector jose cisneros. >> thank you mr. mayor. thank

you so much for your kind words and your dedication and your partnership on launching this important new tax. as you mentioned mayor prop e was passed over two years ago, and i am here to report to you and to the entire city of san francisco that we are now at the point we can say we have successfully deliver the gross tax receipts system on time and on budget. [applause] so believe me a lot of people deserve credit for that success and i will be honest it's not an easy road. our previous tax system was not just built to accommodate this kind of a measure and therefore we executed an agreement for a new tax system which configured almost all of our taxes including the new gross receipts tax. i would really like to recognize our great vendors on the project who are us today and

let's acknowledge them for their great work. thank you so much. [applause] and last year in march we implemented one of the first important steps, the quarterly installments for the new business tax, which replaced a system we had for many years of mailing out prepayment quarterly bills and a huge change communicated to 95,000 business taxpayers and they complied and in april of last year we rolled out a change to the annual business registration fees for all registered business in the city. this was a large change for all taxpayers and important for the city to bring in money during the year we're for implementation purposes. the collections of the business registration's fees were designed to increase from $8 million to $38 million and our businesses complied and we hit that target nearly exactly.

so before taxpayers even file for the gross receipts tax now at the end of the year the new tax approved by voters brought in over $30 million to the city coffers. during the process we had many of the concerns that the mayor talked about that we needed to know what was in the new law and we worked with the mayor's office of economic development and others to implement the most aggressive outreach strategy around a tax measure. this measure took an eacial of people to accomplish from the tax team in the city attorney's office and thank you to them. our experts at 311 and thank you nancy. the city administrator's office for hiring support and the controller's office and the mayor's office team and of course i am surrounded by the business community that never

relented with their involvement making sure that the measure got passed and now engaged making sure it's implemented fairly and correctly in a way that people understand. i want to thank jim and kate and all of the tax advisory members for your guidance and help getting the word out. folks like jan at the apartment association brought many more requirements and obligations to the members of her community and we're grateful for the partnership to make the transition as smooth as possible but i don't want to in any way forget the folks that took care of the lion's share of this and the staff from the tax controller's office and stand and be recognized. [applause] they have done the lion's share of this work and implementing this measure and i wouldn't be a good tax collector that the deadline is coming up and due

and all returns must be filed and taxes paid by march 2 of this year. it's usually by the end of february mr. mayor, but that falls on a weekend so this year it's march 2, and i want to make sure that nobody misses that or at least file for an extension because we want to see anybody in compliance and with that i want to thank you for your time and introduce why neata from the city administrator's office. [applause] >> hello. i am the program manager of the community challenge grant program and i am really here to encourage and ask that businesses check that box at the bottom of their tax forms designating 3% to the community challenge grant program. the program is also known and on the forms it's known as the neighborhood beautification and graffiti clean up fund. we provide grant toss organizations

and nonprofits and residents and businesses to implement various greening and beautification projects in their neighborhood. many parks, community gardens, gathering spaces, and sidewalk and landscaping and public art just to name a few so with the 3% we can fund these projects throughout the city and i am sure a lot of you have already seen many of them around and you will know what this money we can continue to do so. thank you. [applause] >> tell people how to file. >> well, then this actually concludes it. thank you so much for coming out this afternoon and remember to file by march 2. thanks. [applause]