elections department and will be a terrific asset. also we did have progress on the five positions that were posted for applications, the window closed september 21st, all those positions are now in the exam phase so that is proceeding as the city's processes allow. we also did finally move back in our office space this last, last week and we hope to have all team members back on the same floor in another, a couple of weeks. we are working with real estate to make that happen and finalize the last changes. very much appreciated their leadership during the temporary renovation of our offices. i'm happy to answer any questions if you have them. >> vice chair kopp: any questions? any public comment? mr. marsdeler? >> i just wanted to extend my

appreciation and awe at the work of the executive director on the robust approach she has taken to filling staff vacancies. i'm sure you have seen on the executive director's report the tremendous progress she has made.

it's extremely helpful to have a full compliment and we are very appreciative to the mayor and to the board for the funding of these positions and for the hard work of our executive director in making sure that these positions are funded and filled as quickly as possible. so i just wanted to thank her for her hard work. >> vice chair kopp: thank you, mr. marsdeler. next item is the pending -- pardon me? > commissioner n. yee: i just have a question to the executive director. when do you expect a new person for the policy team to be hired and seated? >> i think all of these positions will not likely have a person in them until after the end of this calendar year. hopefully they will have people in chairs by january but that's roughly the time period it takes with the city's hiring procedures. >> vice chair kopp: all right. next item is pending investigations. anybody want to go into a closed session on that as permitted by law? >> everyone has left, it wouldn't be legal. >> vice chair kopp: huh? >> [off mic] >> vice chair kopp: all right. hearing no such request.

we pass to the next item which is any of new business to be presented. >> commissioner kopp, commissioner chiu before she left if i would notify you all again of a calendaring question we could follow-up with you to poll but the basic issue is to identify the november meeting will be november 17th, friday. the next scheduled meeting would be friday december 21st. the question has come up since

that is the friday before many people travel for the end of the year holidays whether the commission wanted to look for another time to meet in december. we did an informal look. december 3rd on a monday, i believe, is the only date a televised room could be available in the morning, if the commission wanted to move up it's meeting if december 21st didn't work for you. so that's one question for consideration. of course that has bearing on a number of things we want to bring back to you. we will poll you after this meeting. >> vice chair kopp: all right. how about commissioner chiu? is that acceptable to her in the 21st? >> i think she just wanted to raise the issue. >> vice chair kopp: is it acceptable to her? >> i do not know. >> vice chair kopp: is it acceptable to the commissioners here? >> commissioner lee: i will not be here december 21st. >> vice chair kopp: all right. so three of us will be here. and do you know of any -- all right. i don't know what you're going to do. she didn't tell you she could make it? >> i will follow-up with each

of you next week to see if there are any issues of scheduling and we can confirm that way. >> commissioner ambrose: i'm available either of those dates. >> vice chair kopp: i want to ask you something under the rubric of this item. what is this mandason. >> ms. bassin filed asking the ethics commission to consider her request to qualify for public financing. >> vice chair kopp: request for what? >> qualifying request for public financing. she did file in superior court. judge kahn did rule in her favor. 1085-writ. civil code procedure. >> vice chair kopp: all right. go ahead. >> judge kahn did rule that the commission should consider her request to be timely and to review it. and i believe we are in the

last few steps of completing that review and one of my colleagues joshua whitehood who has been investigating this will present an update either today or monday. >> vice chair kopp: wait a minute. your client lost. don't you come back to your client and ask your client whether the client wants to appeal? >> my colleague josh white has been handling litigation has been in constant contact or almost constant contact with ethics commission staff. if the commission wants to have a briefing we could have that discussion at a later time but we do want to provide an update as soon as we can. >> vice chair kopp: when can we? the election is november 5th. >> commissioner ambrose: i received an email immediately before the meeting. the decision just came down a

few days ago. we will get an email describing why the judge ruled that way? >> exactly. these precedings weren't concluded in time to agendize for this meeting. it's been a fast-moving matter. >> vice chair kopp: i request, in writing, a summary of what occurred. a summary of the petition, what it sought. how many pages on the petition, do you know? >> i do not know off the top of my head. we can send you a copy of the petition. >> and i want a summary of what occurred after the petition was filed. >> absolutely. >> vice chair kopp: okay. anything else under that? any old business? i guess not. any public comment?

if not -- >> i'll move to adjourn. >> motion to adjourn by commissioner renne. >> commissioner ambrose: i'll second that. >> vice chair kopp: all right. all in favor? aye. any opposed? no. so we are adjourned.

>> we have a great program today. i know many of you are here to celebrate the opening of a building. so many more of us are here because it's an exciting day to celebrate the life of one of our good friends and colleagues, natalie gub, and a lot of us are gathered here for both, so -- [applause] >> i'm doug shoemaker, and we're lucky enough to be here with you to celebrate this fantastic day. i'm wandering over here,

wondering what to say, but i think i have it pretty much intact. in addition to the opening of a building, natalie was somebody that was near and dear to many people. you see a lot of us wearing these pins that say i worked for natalie, and i think half of the people in housing feel that way, whether you worked for the city, worked for a housing director or whether you worked directly for natalie. i know that, you know, by the time i accomplished next to nothing, natalie was already taking credit for whatever it is that i did, and whatever it is that i ever accomplished, she took double credit for. i know i'm not alone in the room when i say she deserves twice as much credit as she took, and she took a lot of credit. i'm not going to take a lot of time today, but i want to take a moment and thank mayor london

breed, who's here with you all. went to bed last night, there was a housing authority. woke up this morning and suddenly discovered that the city is stepping in in a very profound way to assist with this big problem. i don't know how many of you read the chronicle, but it's one of the reasons to make me excited to have london breed in the mayor, i think there are many places in the united states that their housing authorize runs into the same problems we had, and the city turns a blind eye. but you know that this city is not turning its back on the housing authority nor to its citizens, and it makes me proud to be a citizen and it makes me proud to have a mayor like

london breed. >> the hon. london breed: thank you, doug, and thank you, mercy housing, not just for the natalie gub comments here but for housing projects all over san francisco that serve a low-income population. and i want to thank david, natalie's husband, thank you so much for being with us. this is to commemorate another 120 100% affordable units in san francisco. with the unit right next to it, this is 190 affordable units here in the city and county of san francisco. it is such a beautiful day to cut the ribbon on the property, but also to honor a person who fought for low-income tax credits dating back to the 1980's. natalie was an incredible

advocate, and i see many of you wearing buttons. you had the opportunity to work with her on creative solutions for housing affordable not just in san francisco but throughout the state of california. we know this is not just a battle to make sure that we have affordable housing in san francisco, we need to make sure that we have affordable housing throughout the state of california and look at our dated policies that have existed since the 1960's and make changes. it's why i was so proud to lead the effort around neighborhood preference legislation, so that 40% of all new developments would go to the people who actually live in that community first to avoid displacement of the existing residents. [applause] >> the hon. london breed: you

know, projects like this making mayor wonderful, but i want to make sure we create thousands more. i don't want a city that has extremely wealthy and extremely poor, we need everyone in between to be able to afford to live in a place like san francisco, a place that i was born and raised in. and i am just so happy to be here because this is not just any commons, this is not just any apartment complex, there will be child care on-site for the families that are here, which is absolutely amazing. [applause] >> the hon. london breed: so we have more work to do, and i want to thank so many amazing people to helped to make this possible, of course, starting with mercy housing, the office of community investment and infrastructure, the mayor's office of housing and community development. i know kate hartley is here,

hope sf and wells fargo. it takes a village to create something like this, and today is a day we celebrate affordable housing in san francisco, and thank you all so much for being a part of it. [applause] >> so the mayor made brief reference to it, and i just want to follow up on one of her points. so mercy housing has the good fortune to be working with the city and the housing authority and our partner related on the redevelopment and renovation of sunnydale and visitacion valley. i want to thank ocii and the mayor's office of housing and the mayor because we were able to do something extraordinary, we were able to provide residents of sunnydale a property that has been falling apart for a while because of just lack of funds, we're rebuilding it. it's going to take sometime, but as a consequence of the fact

that we had housing opportunities here, ocii and the mayor's office stepped up and made 23 of those apartments available to the residents of sunnydale who decided they wanted to try living here in this neighborhood. [applause] >> so it's an incredibly important thing, i think something that we really wanted to see happen. it's amaze not to see something like this happen in a short period of time, but it's really an important opportunity, and i just want to say how much we appreciate it and i'm looking forward to many more opportunities for residents like that, in particular the residents of sunnydale and potrero. on that note, i want to bring up supervisor jane kim, who as many of you know, has been to as many of these ribbon cuttings that

you can imagine. i think there's been more affordable housing in her district than any in the city. but foremost ribbon cuttings in a supervisorial term, if she hasn't won it, i don't know who has. she's been a profound supporter of affordable housing if her career. she's been a great friend to mercy housing and all the work that you do, and i want to thank and welcome supervisor kim. [applause] >> supervisor kim: i think i hold the most ribbon cuttings for any housing development in the city as we build 60% of all of san francisco's housing, and i'm really proud that the majority of the affordable housing is being built in this district, the south of market, mission bay, and the tenderloin. and while that takes leadership, i also have to thank the residents of district six who have accepted affordable

housing, believed in mixed income communities and has not put up barriers to us building housing in this neighborhood. this would not be possible if not for us having such graed community leadership and organizations here. so i am a proud neighbor of mercy housing. i am surrounded by mercy housing where i live in the south of market. to the south of me, we have columbia square. to the north of me, we have two projects on howard street. to the south of me, we have del soro housing, that we just cut the ribbon on last year, and to the west, we have another. there is nothing more rewarding than seeing the real households, families and seniors that get to stay here in san francisco with

security in knowing that they are able to walk into a healthy and safe home every single night with their children and with their grandparents. and this project is exciting because it was the very first -- well, i'm sorry. it was the very first of my time on the board of supervisors when we were -- when we had started initiating the transbay redevelopment process. the first was 100% affordable housing across the street, renee casa nas -- casa nueva. 190 units of affordable housing is an extraordinary project in a single -- in a single building. and on top of that, it has really been our affordable housing developers in transbay that have been the first to

lease up their ground floor retail, so whether it's phil's coffee or our affordable child care site, it has been the retailers that has been the first to lease up to child care, and ensure that the amenities provided to all of our residents are there from day one, and so i ask the market rate developers to follow in their leadership in activating our neighborhood for all of us. [applause] >> supervisor kim: i do want to recognize the staff of ocii, our director, nadia cesae.

finally, beyond, of course, recognizing the amazing staff at mercy housing that bring our policies into actual fruition and make this a reality for our residents that get to live there, i do want to give a special thanks to natalie gub and her family. i know that her family and husband, david, are here today. i learned a little bit about this opening, as well. i did not realize that natalie was instrumental in drafting the low-income housing tax credit in 1986, and i cannot tell you how critical that has been in almost the construction of every single

affordable housing development in san francisco, and if not for natalie's tenacious implementation of this, thousands of housing units would never have been built in san francisco. i want to thank natalie, i want to thank her family for supporting her immense leadership that has benefited thousands of households throughout the country and certainly here in san francisco. i have to say, i think this is the first ribbon cutting that i've been to where a building is named after a woman. [applause] >> supervisor kim: examine it is time that we recognize women for their contribution and leadership here in our city, so thank you very much to everyone. [applause] >> i don't know if we should be proud that we're the first building that the supervisor can remember -- i know it was said

lovingly. i think it's great that we named the building after a woman, and i'm trying to rack my brain to see if this organization led my women has done the right thing on this, but if we haven't named enough buildings after women, blame jane graff. that's all i'm going to say on that topic. manage up. i don't know what to tell you. so no, this is a fabulous district. mercy housing has achieved what we have achieved so much as an organization because we are based here in san francisco. there's no chance that we would be the organization that we are today because the partnership of the city of san francisco. i think, you know, i look at all these colleagues, and i know there are days where we fight like siblings.

i think it's like siblings. i think that's the right thing, but on days like today, i think we can really feel a proud sense of joint accomplishment of all the things that we accomplish together. there is no more a mercy housing building than an ocii building than a city of san francisco building. these impossible to do on your own. it is fantastic that we have a city that tries and tries and tries to raise the bar ever higher. sometimes we raise it too high, and we have to readjust, but if you don't raise it high, you'll never get to where you need to go. i think there are few cities in the nation that could have said we have 35% of affordable neighborhoods with these types of units and these types of rents, but we are doing it. i want to thank the staff at housing and ocii, and we have another unit across.

these are 600 units of affordable and market rate, and the project across the street is going to be 700. these units are going to be 50% affordable. i think i've got my math right, and if i don't, blame jeff. i'd like to thank the supervisors. they've made these opportunities extraordinary for the developers and all the people that work with ocii, the staff and everyone else. it would not be possible but for the leadership and the staff. and i want to bring up lawanda harda to talk a little bit about the organization. >> thank you. as you can tell, all the women are on one side, and the men are on this side. thank you, natalie. it's a beautiful day in san francisco, especially at natalie gub commons. finally, a name. we used to be calling this transbay block number six and number seven, and now it is the

natalie gub commons, and it is a woman. i'm sure natalie is smiling and applauding us today from march up there, so i'm deeply honored to be able to celebrate with our city and nonprofit partners to celebrate this beautiful and much needed affordable housing complex. when the transbay development project was adopted 13 years ago, these were the types of buildings the former redevelopment agency envisioned. isn't it beautiful? i could live here. i live across from here. i'm a proud neighbor, and a b.m.r. tenant. so beautiful -- yes, so i know what it's like. so beautiful, affordable homes in the center of downtown san francisco that fit in seamlessly with the surrounding community. this is the third project by mercy housing, and -- and thank you, doug, for leading this

project. i want to congratulate natalie gub, whose family is here today, and her husband, david, for all of her hard work for bringing numerous housing projects to fruition. she will be remembered by all of us, but especially in the affordable housing community. as someone who lives in the neighborhood myself, i could actually have walked here, but i took lyft, and i didn't realize after he turned i was here, so i was one of the very early people who were here. i didn't realize where i was, i kind of got discombobulated. i was here when no one else was here, so i'm pleased to see more affordable housing in the pipeline. about 1100 units in transbay alone, so i want to commend my fellow commissioners, commissioner rosales,

commissioner singh, and commissioner scott who are here, and of course mayor london breed who used to be in the redevelopment commission. because of all of you, because of the work that the commissioners put in pro bono, we're able to achieve this project. and of course, the ocii staff led by nadia cesay, our executive director, thank you for our leadership, and of course, mercy housing, the mayor's office of housing and community development, mohcd, hope sf, the housing authority, and many others. it's been a joy to collaborate in this endeavor. so i also want to thank mayor breed, thank you for your continued leadership. supervisor jane kim, my supervisor in district six. i've lived here for 35 years. don shoemaker, the president of mercy housing. the services provider, the south

of market child care center, have you checked this out, this child care for 40 kids? it's beautiful [applause] >> i mean, look at all these things here that they provider our kids. we have -- the architect, architect santos prescott -- there you are -- well, from the company. another woman, the contractor, kayhill construction. is kayhill construction -- oh, there i see a hand -- a couple of hands. we have oh, the key staff of ocii that made this happen. thank you for all your work. [applause] >> the mohcd director, kay hartley, the hsa director barbara smith. so thank you all for being here. today is really a beautiful day

in san francisco, and thank you for joining the celebration. [applause] >> all right. i'm going to thank mayor lee, especially since she thanked half the people that i was supposed to. anyone i didn't mention, i want to thank, as well. we -- we do a lot of these ribbon cuttings, which is great. we like to do them as often as we possibly can. part of what makes it possible is to have an understanding of what it takes to get this done. so in the obscure world of housing, you heard about the tax credit, which i'm sure you talk about over dinner. at least if you're in the affordable housing world, you talk about it all the time. you can't escape it. natalie was an expert in this. she helped shape the way our industry works with these

programs, and she -- i think in addition to shaping those of us that work on this side, she shaped or banking and investment partners. no, natalie was tough, not as tough as then commissioner breed when she was on the redevelopment commission, but she was tough. and we are really lucky. we have some tremendous financing partners that we get to work with on these projects. it's a very specialized field. we get to work with a lot of these individuals in this world, and very few do it as well as wells fargo. i'm going to bring up tim mccann from our wonderful partner, wells fargo. >> thank you, thank you mercy housing, for inviting me. can i move this? thank you. i'm just going to make a few brief comments. my name's tim mccann, and i represent wells fargo. we've invested $30 million in

this project, and we're the construction lender for $35 million. i want to thank my internal partners at wells fargo. we've always worked together with mercy housing to form this partnership, and i really appreciate this opportunity not only to partner with you, but to be part of natalie gub commons which is historic in its own way. like i said, i work for wells fargo, and wells fargo believes part of our culture is investing in our communities because we believe -- we can only be as successful as the communities that we invest in. and i work for a group that's called community lending investment, and that commitment extends nationwide, and we're the largest investor in low-income housing tax credits. we invest about $2 billion a year for the past four or five years, and we're very proud of that.

we're also proud of the partners that we partner with, and i especially want to thank mercy housing, a cast of thousands, i think, and we're really proud to be partners with them, and we're proud to partner with ocii, the mayor's office of housing, london breed, everybody in san francisco that has made this project come together. we really appreciate that. and i especially want to thank natalie gub. i have kind of a story. i hope it makes sense. there's a sports analogy on here, and seeing how i'm on a basketball court, maybe it all makes sense. so i was a boy, i wanted to be a professional athlete like most boys, and i always imagined someday i would be playing with larry byrd or something like that. spoiler alert, it didn't work out. i went to work for a firm out of

college, in consulting, back in 1992 when i was in my 20's. and i worked for fnme. and every time i worked with mercy housing, they were represented by natalie gub. i thought natalie was amazing, she knew what she was doing. joel worked on those, as well. i didn't think he was quite so amazing, but that's another story. natalie worked on all these deals, and she was a dig player in the transactions. i was doing all the work but not getting any credit. so my career moved on. i went to work with wachovia, and then, they merged with wells fargo. and wells fargo asked me to go to california again, and i worked again with natalie gub. and working with natalie gub was

kind of like playing with larry byrd. here's somebody who is a big part of the industry, started the industry, was a big player in my mind, and here i was, working with her, so it was very exciting for me. i felt like i kind of matriculated to the brass ring to work with natalie gub to have her be a partner of mine, a mentor of mine. it was tli it was thrilling to come to california to work with her, and i think it's fitting that this is named natalie gub commons. thank you very much. >> i don't know if any of you are trying to figure out which celtic tim is. knicks or warriors.

people move around. what once would have been a career at the celtics, now, she would have had a lot of opportunities. thanks, tim, there are other people that aren't here, and i do want to thank the state department of housing and community development. some of you are wondering with what happens with the cap and trade dollars that we get at the state level as we've been working to try to figure out how to control carbon emissions and make the world safe for the next generation. one part of how the state invests that money is in projects like this, whereas marily said -- try a scooter next time. i hear they're wonderful. but those funds are invested in projects like this. if you live at natalie gub commons, you have the opportunity to walk just about anywhere in the city.

you can get on any forms of transit. soon, there will be high speed rail -- it's hard to visualize. that's why i'm having trouble. we're inches away from the transbay terminal, and it's that kind of investment that will enable people to live without cars or use cars on a periodic basis, and that's why the state invests so much in things like this. it's so important as you speak to elected officials that you recognize sort of where the money that we're using to build these projects goes to. when you run into your representatives or state senators, you can remind them how important is projects like this. all right. i want to transition now, we've talked a lot about the project and people have made reference to natalie. i -- i was lucky, when i came to mercy, the relationship with natalie and david was already very, very strong. it extended well beyond anything

that relates to the business or work that we do, and david and natalie have welcomed countless members of the mercy housing staff and family into their homes over the years and into the relationships that we were all able to form over the years. we had a very nice, small event with the family here about two or three weeks ago. david said some wonderful words, and he has greagreed to share a little bit more here, so i want to bring up natalie's husband, david. >> i am honored to be here today to acknowledge the legacy of natalie, and to represent our two sons, erin and ethan, and natalie's sister and brother. having natalie's name attached to a place that people call home in this city she so loved makes

a profound statement of her life's work. often when we were in san francisco together, natalie would insist that we see one or more of the many affordable housing developments she worked on and was so proud of. as map reading and a sense of direction were not really her forte, i often had to navigate the way to the housing developments that she wanted to show me. i have a sense, though, that even natalie would not have difficulty locating natalie gub commons. right here in the heart of this city, in transformation. another little known fact about natalie was her lack of interest in looking at site and building plans. she would ask clients to please just describe it in words, but if natalie were here today, she

would not need to hear words to feel honored by this very public dedication of a beautiful property that provides desperately needed housing that she worked so tirelessly to provide for more than 30 years. however, as those of you who worked with her can well imagine, she would have deeply appreciated all of the words that are being spoken here today in recognition of her life's work. natalie likes to dispense with formality. she would correct children who addressed her as ms. gub, or, god forbid, mrs. gub, advising them to ad her as natalie.

i am grateful, as i know she would have been, to have this home for many named natalie gub commons, and to be here today in acknowledgement and celebration. on behalf of all of us, thank you. the entire mercy housing team, and all the other people that are involved in this family of building such needed housing and for honoring natalie's work and life in such a thoughtful and meaningful way. [applause] >> thanks, david. well, many people thank many people, and i'm looking at my list because i want to be sure i don't forget all the people that i usually forget, but i do want to thank another folks. i think they're mentioned already, but the fab lus folks at south of market child care.

i think it's going to be a fabulous place. it's not unnoticed by all of us just how profound moving into an affordable housing development can be on the lives of future children, it's profound, and we're looking forward to the partnership with you. i want to also thank some folks that did the hard work, greg chin from california partnership, julia bennett, chris rivera, who does the construction management for us. i just want to make a minute, if you work for mercy housing, if you wouldn't mind just raising your hand, standup for a second to just be acknowledged for all of the great work that you do. [applause] >> you know, i think mercy housing is a very special place,

but i just saw someone acknowledge we're part of a broader movement and a field of people who do this work. many of the people in this room go to other ribbon cuttings just like this. we're fortunate in a we can go to work at a place that we can do so much good in the world. it's a very rewarding feeling to go to work most days. and, you know, we joke at mercy housing that we're the world's worst marketsing people. i don't really think it's a joke. we're not all that great at marketing. maybe we need to start selling something like lemonjade or something. but i think this is great marketing.

i'm personally very thrilled. my kids are a little bit like david described. they know their way around san francisco by pinpointing -- yes, dad, we know, that's the bg on ocean avenue. yes, dad -- they were forced to take the affordable housing tour with great regularity, and i'm pleased that the affordable housing, we moved it off the pink palate. today, we've moved away with that. bruce took a big step away with transbay six, much to the delight of our partners. small inside joke. in any event, we're winding down, but i do want to just take a moment, we have a moment in all of our openings that we take

a minute to hear from somebody who lives in here. adrian lived in this building and he's already made a giant step back. he seems to be a very, very active member of this neighborhood. i personally at this moment -- i don't even know what disney musical or disney show -- i went to sleep in rincon, but i woke up here in east cut. he's been a tremendous asset to the staff and to the neighborhood, and i want to bring him up now. [applause] >> hi, everybody. my name is adrian caratosa. i'm a resident of natalie gub commons. i am very lucky to be in this building. i know a lot of people have applied for this lottery.

this is my 25th lottery. six years, it took me to get in. [applause] >> i used to live in a t.m.c. building in the tenderloin for five years. they were really good to me. a little bit about me, when i was nine years old, i contracted h.i.v., and early stage of my life, i had a lot of health issues. for a long time, i did not feel like i mattered, and i definitely felt like no one would ever hire me. and when i got into this place, i actually felt for the first time in my life that i could do something for other people. so me paying it forward, letting other people know that they matter, no matter how much money or no money they make, they are equal to everyone else. for me to be living here and hopefully for the rest of my life, i want to make a difference. i'm pushing for affordable

groceries in this building or in this entire area. that's a big thing to me. [applause] >> and yeah, i'm -- a couple years ago i was someone who could not go into a room full of people, and here i am, giving a speech, winging it. i'm very fortunate to be in this building. i hope i can make a change, but more importantly, i hope i can help other people to embrace their voice, as well. so thank you so much. [applause] >> you guys see the cable tv possibilities, right? i think it is very hard for me to picture that adrian is somebody that had a hard time speaking in front of people. but really appreciate your work, and your advocacy on behalf of the neighborhood, and i'm sure the commissioners are hearing your excitement about having affordable groceries, although just to clarify, not at this

building. thank you so much for your patience. i know it was a relatively long program. it's a fantastic day here in san francisco. it's a great day to celebrate our partnership together and celebrate natalie gubb. we're going to ask your patient, once these people have cleared through, feel free to standup. there's some food on the inside in the common area, and thank you so much for coming here and joining us here today.

>> i moved into my wonderful, beautiful, affordable housing march 7th. i have lived in san francisco since i was two-years-old. i've lived in hunters view for 23 to 24 years now. my name is vlady. i use titus and i am the resident commissioner for the san francisco housing facility. from the very beginning, this

whole transition of public housing and affordable housing was a good idea. but many, many residents didn't think it would ever actually happen. it's been a life changing experience. and i'm truly grateful for the whole initiative and all those that work on the whole sf initiative. they've done a wonderful job accommodating the residents, who for many years have lived in delap tated housing. now they have quality housing. i was on a street where the living room and the kitchen and stairs. it wasn't large enough to accommodate. the children are grown. i had the accomplish of having a dishwasher in my home. i really like that. [laughter] i really like not having to wash dishes by hand.

we still do it from time to time. the mayor's office has been a real friend to us, a partner. we know that our city supports us. i love san francisco. just to be able to stay in my community and continue to help the residents who live here and continue to see my neighborhoods move into new housing, it's been a real joy. it's been a real joy. >> hi. my name is carmen chiu, san francisco's elected assessor. buying your first home is a big

deal. for many of us, it's the single largest asset that we'll own. that's why it's really important to plan ahead for property taxes so that there are no surprises. a typical question new homeowners ask is what is a supplemental tax. so understand supplemental tax, we need to start with proposition 13. under california's prop 13 law, the value we use to calculate your property tax is limited to a 2% growth peryear, but when ownership changes, prop 13 requires that we set a properties assessed value to market value. the difference in value between the previous owner's value and the new value is the supplemental assessment. how does the supplemental assessment translate to the tax you need to pay? supplemental tax is calculated by applying the tax rate to the value and then prorating it for the amount of time that you owned it in that tax year. in generale, the tax rate is roughly 1%. let's walk-through an example

together. here dan is the original owner of a home with a prop 13 protected value of $400,000. with a tax rate of 1%, he pays $4,000. dan sells his home to jennie at a market rate of $700,000. in this case, jennie's home will be reassessed to $700,000, and jennie is responsible for paying property taxes at that level from the time she first owns it. many times, people might have already paid their property taxes in full by the time they sell their home. in that case, dan has paid $4,000 in taxes already for the full year. jennie would likely payback dan through escrow for her share of the $4,000, depending on the proportion of the tax year she owns the home. however, she's also responsible for paying taxes at the higher market value from when she begins to own the home. how does that work? let's say jennie owns the property for nine months of the

first tax year, which is approximately 75% of the year. during the escrow process, she'd pay dan back 75% of the $4,000 he already paid, which is $3,000. on top of that, she would owe taxes at the higher rate for the proportion of the year she owned the house. in this case, she owes the amount not already billed through dan or $700,000 minus $400,000, multiplied by a tax rate of 1%, and multiplied again by 75% to reflect the time she owned the home in that tax year. here, jennie's supplemental tax is roughly $2,250. going forward, jennie will be billed at her new reset prop 13 value. are you still with us? if this isn't complicated enough, some new owners might receive two supplemental tax

bills, and this has to do with the date that you transfer property. but before we get to that, you first need to understand two concepts. first, what is a fiscal year? in california, local government runs on a fiscal year. unlike the calendar year, where the year begins on january 1, a fiscal year begins in the middle of the year, on july 1. property tax follows the fiscal year cycle. second, state law requires property be valued as of january 1 every year, in other words, new year's day. the value as of january 1 is used to calculate property taxes for the upcoming fiscal year. this means property value as of january 1, 2018 will be usedtor fiscal year 18 -- used for fiscal year 18-19 covering july 2018 through june 2019. similarly, the value of january 1, 2019 will be used for the fiscal year covering july 2019 through june 2020.

now back to whether you should expect to receive one or two supplemental tax bills. the rule of thumb is that if the property transfers happens in the first half of the fiscal year, in other words between july and december, then you should expect only one supplemental tax fill. if the transfer happens in the second half of the fiscal year or between january and june, you should expect two supplemental tax bills. here's the reason why. using dan and jennie's example again, dan's $400,000 value as of january 1 is used to set the tax bill for the following fiscal year beginning july through june of the next year. jennie buys the property from dan in october. the taxable value is reset to $700,000 as of october, but the bill issued still reflects dan's lower value. in this case, jennie would expect to receive one supplemental or catch-up bill to capture the difference between her assessed value and

began's fr began's -- dan's from october through june. because of january 1 we already know of the sale, we would have used the following year to set jennie's property taxes and no other supplemental bill should be received. however, if dan sells the property to jennie in march, instead, jennie should expect two supplemental bills. like before, jennie would receive one supplemental bill to cover the time in which she owned the home in the current tax year from march to june. but because as of the next january used to set the tax base for the following tax year, dan still owned the home, the following year's entire bill still reflects the values not updated for jennie. in this instance, jennie receives a second supplemental for the following year covering july through june. after the supplemental tax bills, new owners should receive only one regular tax bill peryear going forward. remember our office values the properties, but billing and collections are handled by

another organization called the treasurer and tax collector's office. if you'd like to learn more, please visit our website at sfassessor.org. thank you for watching. sustainability mission, even though the bikes are very minimal energy use. it still matters where the energy comes from and also part of the mission in sustainability is how we run everything, run our business. so having the lights come on with clean energy is important to us as well. we heard about cleanpowersf and learned they had commercial rates and signed up for that. it was super easy to sign up. our bookkeeper signed up online, it was like 15 minutes. nothing has changed, except now

we have cleaner energy. it's an easy way to align your environmental proclivities and goals around climate change and it's so easy that it's hard to not want to do it, and it doesn't really add anything to the bill. good morning and welcome to the san francisco county transportation authority meeting for today, tuesday, october 23rd. our clerk is mr. alberto quintanilla. mr. quintanilla,