important. we need to build that up. you know, we're talking about mental health s.f. it's not going to work unless it's tied to housing. some other pieces, something with the tenderloin, we really need some money for some larger apartment building acquisition and s.r.o. building and acquisition. we're losing those properties regularly out of our neighborhood. and in a community where they're so vulnerable and they have no place else to go. affordable housing development is not going to happen in my neighborhood. the only way we're going to keep low-income people in my community is if we preserve low-income how's -- existing low-income housing now. we're seeing a real problem. we know the best solution is to acquire the properties and make them permanently affordable, as many as we can, but to do that,

we're going to have to get more money and loosen the rules so we can get even these speculatives off the market, as well. >> good afternoon, supervisors. my name is annie chen. thank you so much for giving us the $100 dlmillion to add to t $500 million housing bond. there's a chart that we have been showing that when -- before affordable housing units were built, they were built for seniors that make a minimum of $2,000 a month in order to even qualify to apply. but really, many of the seniors, 24% of the seniors in san francisco are over 62 and live in poverty, and the number's probably around

20,000, and these seniors were never able to apply for those affordable units. so there's been articles that talked about affordable housing not affordable to the extremely low-income seniors. so i want to let you know that approximately right now there's 669 units or about 12% of senior housing are in the pipeline. and to address the needs of these extremely low-income seniors, our committee recommended -- working committee recommended construction of an additional 750 units at a cost of approximately $180 million. the housing bond at the $500 million level just set aside 90 million for senior housing, so thank you very much. but we urge the committee to please find additional money for the senior housing earmarked for a.m.i. between 15

and 25%. thank you very much. >> hi. good afternoon, supervisors, my name is zura peace green, and i am a proud resident of potrero public housing. i live there, and i also work there. i just wanted to bring a couple of things to your attention. residents have been living in poor conditions for quite a long time, and so it is very important that this many goes to both potrero hill and -- that this money goes to both potrero hill and sunnydale. there are more seniors and aged out youth to live on the streets. you have to ask yourself, would you allow your mother and father to live on the streets? unless you don't really like them, the answer would be know. you have to look at affordable. right now, they're saying that low-income is six figures.

so that means that those of us are really, really low. so you want if look at what is -- want to look at what is really affordable. there is no reason why seniors living on -- there is no way that seniors living on social security, that they aren't living comfortable. i urge you to really look -- you know you have the money. it's just that you have to move it from one place and stop letting the big wigs from coming in and not paying any taxes or not paying their just due, to push this through and add on to it. just so you know, there's going to be some youth coming through in a few months to talk about having fruits and vegetables in our corner stores, in our low-income communities, which is not being enforced, is really important, as well.

thank you. >> chair fewer: thank you very much. next speaker. >> good afternoon, supervisors. fernando marti with the council of housing organizations. i do not envy the position you are in, trying to allocate these extremely important needs within the pot of money that you have before you, trying to meet the needs for low-income seniors, trying to meet the needs for supportive housing, trying to meet the need for public housing, providing geographic balance in those neighborhoods that have not seen any investment, as well as those that have seen a loss of public housing, and trying to preserve our low-income buildings and s.r.o.s. so you have a bill challenge ahead of you, and we should be proud of ourselves that we'll be putting before the voters a

bond measure of ov over $.5 million, but we have to understand that this is far beyond the needs of what this can provide. a few things that i want to point out, this bond that we've talked about as being now one of our capital plan, and i think we would love to see you, our supervisors, and our mayor stand before us and commit to putting another bond before the voters every five years just as we do for parks and for emergency services and for other things. i think it would be great to take the measure that supervisor fewer has put before you around the eraf allocations in the future and have the mayor join the board of supervisors and say yes, going into the future, we are going to allocate those funds going

into the -- going forward, and every five years, but into the few tour. >> chair fewer: thank you. next speaker. >> it is not the mayor's prerogative, it is the board of supervisors prerogative. and let me urge you to take a strong look at making as much of this bond as possible affordable to extremely low-income households. i've handed out a little thing -- i know you're very focused on navigation centers. we've produced 710 beds in navigation centers and created in the last five years, 120 exits. that doesn't work. in order just to produce enough exits, enough housing to house people in current navigation supports, which you all

support, will take $130 million of this bond. that isn't talking about transition aged youth and seniors. do you realize what the a.m.i. is for people living on social security in san francisco? it's 15% of a.m.i. that's the average social security check. do you see what the average s.s. -- do you know what the average s.s.i. check is in terms of a.m.i.? it's 16% of a.m.i. 50% of this bond has to be aimed at extremely low-income people if we're going to meet the needs of low-income seniors, exiting individuals, and youth. so it's critically important

that you exercise your policy power and make sure that at least 60% of this bond goes to households earning 30% of a.m.i. or below. only 2.8% of the affordable housing budget in san francisco since the last bond to household earning 30% of a.m.i. >> clerk: thank you. >> chair fewer: thank you, mr. welch. next speaker. >> thank you, supervisors. my name is myrna melgar, and i'm the executive director of the jamestown community center, also the president of the planning commission. i had the honor of cochairing the -- one of the committees for the bond. i cochaired the middle-income and preservation committee, and we had a very wide group of folks from labor, nonprofit, housing developers. supervisor fewer was on my committee. i was very honored to have her, and i'm here to ask you to

please consider the needs of middle-income folks. so i spent many years at the mayor's office of housing working as a program director. i joke -- although it's not a joke, that i have friends left in the city because of that program. so nonprofits, teachers, nurses, folks who are now increasingly having to commute from places like modesto and stockton don't quite qualify for the low-income housing that we have but in no way can afford to live here, and they leave. they leave when they have kids, and they leave between the double whammy of school and housing. my organization did community housing work. it's the low-income small sites that allow us to have parity in areas that are not zoned for the kinds of lots that will

allow for very low-income housing. so i am here to just present to you that we had a very good working committee, but also to ask you to consider moderate income housing and the tools that that allows because it also allows us to leverage different kinds of money from different kinds of places other than the city. so thank you very much for considering my words. >> chair fewer: thank you very much. next speaker, please. >> good afternoon, supervisors, chair fewer, and members of the budget and finance committee. this is the last time i can say hello. i am gail gilman, director of the senior housing partnership. i'm so happy that this will be my last hearing in this capacity. also as a principle officer in 2015, the first bond of $300 million, i'm here today to talk to you how excited we are about the growth of the bond at $600 million, and to really listen to the working groups and their

recommendations. i was very impressed as someone who's worked on a bond campaign before how this mayor chose to bring together these community groups with these community leaders. all of these needs are important. we need to invest in hope s.f. 60% of community housing residents as children lived in public housing. that is something we need to fix by building strong public housing communities. seniors is the largest point in the housing system, and senior dedicated supportive housing is slim. senior housing and protecting the seniors is important. we also know that we need nonprofit workers to be able to live in the communities that they work and serve.

less than 20% of the staff live in the city and county of san francisco. as someone who worked there 20 years ago, all 47 of our staff, i am proud to say, live in san francisco. we have a housing crisis that affects everyone from extremely low-income to moderate income households. as a voter in district 3, i was my bartender, my dry cleaner, and my shoemaker to live in san francisco. >> chair fewer: thank you very much. next speaker, please. >> supervisors, chair fewer, i'm just going to assume that gail was talking about me when she said her shoemaker, but it could be somebody else. i want to echo somebody's comment before me. calvin's comment about extremely low-income, and myrna's comments about the need

to make sure this serves a lot of folks. i do want to come back to calvin's comment for a second because i think something that's possibly not well understood in this bond is just how that money is going to serve that population. so we've had the privilege of working in housing in sunnydale. the average household income in sunnydale is about $15,000 a year. many of you were out for the budget speech. i saw and spoke to many of you there. possibly the hardest issue we face as a city, whether it's the senior housing we built, whether it's supervisor mandelman's district or another district, is the absence of rent subsidies. the average senior in mercy housing earned $11,000 a year, and we can't serve them right now because of the absence of

rent subsidies. so the one giant thing that we are looking to preserve is the rent subsidies, so i encourage you to continue to support that element of the bond as well as the rest. thank you so much. >> good afternoon, supervisors. thanks for having us here today. i'm sam moss, the executive director of mission housing development corporation. i don't know what else to say that hasn't already been said. i certainly echo all of the support. i really do want to stress about the need for the board of supervisors to officially make it be known that we will be having a bond every five years with the absolutely avalanche of data and white papers and whatever you have about it how housing is the most important thing, that it touches everything from health to street safety.

you know, we even build parks, too, so i would urge you to do that. thank you. >> thank you, supervisors. i was in a workshop this morning about this issue at a senior center. couple of things that were said by the seniors is that one said that we need to create housing for seniors and not create homeless seniors. another person says let's fix the crack in san francisco's heart. i want to just echo what others have said. we need to really address the needs of extremely low-income seniors in san francisco. i showed the seniors in the program this morning the chart of the -- the income that they need to have in order to qualify for affordable senior housing. not one person in our workshop

this morning qualifies, has the income to qualify for senior affordable housing. they fall within the 10%, the 15% a.m.i. most are on fixed incomes, social security, or s.s.i. they are very low-income. some of the incomes that i saw in our workshop, one person makes $670 a month. another person makes $800 a month. none of the seniors that i talked to qualify. most knew they didn't qualify. others were somewhat aghast when they were looking at the income requirements. so let's dedicate some funding to seniors in terms of housing. we don't want to see anymore

houseless seniors, we don't want to see any seniors on the streets. let's fix the crack in san francisco's heart and let's pay ample attention to this. thank you. >> good afternoon, supervisors. tere teresa flandrick with seniors and disability counseling. we have an annual report of 500 seniors, all of whom live below the poverty level, and all of them go to counseling because they're about to lose their housing because of their disabilities, because of eviction, and all sorts of reasons. so this is the ugly reality. so this is just 500 seniors

from one counseling group, and you know in the city we have many. do we have the housing that they can then go to? we have preference certificates that aren't working because you know what? we don't have housing that is truly affordable, and i'm talking about that at, you know, the 15, the 25% a.m.i. levels, so we need to make sure we are right now using the bond money, all that we can get, to start using this money right now in the near future and planning for the future. the numbers are not going to dwindle. we do not want more people out on the streets, and we just -- we have to do that. so please, please, let's take care of this population, as well. there's a lot of catching up to do in terms of housing that's truly affordable for seniors.

thank you very much. >> good afternoon, supervisors -- oh, this is -- i broke it again. lorraine petty from district 5, a senior, and i'm also a peer advocate with senior and disability action, which means i'm one of these good people you're hearing from today who actually have to sit face-to-face with people and tell them waiting lists are years long. and then i have to tell them that even if the waiting list was open, they'll never qualify at today's a.m.i.s. so i really appreciate these housing bonds. i'm -- i very much support them. i have a couple concerns, one, that the a.m.i. levels be reduced for real san franciscans, and the other is that i notice in the text,

there's referral to making a 50% pass through to tenants, and i don't know if we're having a $600 million bond issue to help tenants, that it helps them to pass through these costs. so i urge you to think about that very seriously and make sure that they aren't passed through to tenants. thanks. >> hello. my name is maya, and i am with the council of community housing organizations. i just wanted to echo many of the people that have already spoken about making this -- making this bond be a permanent thing in our capital planning cycle. i think it's no news to anyone that we have a huge affordable housing funding gap, so we need as much consistency as possible

in order to meet the scale of our affordable housing needs. and with the additional 100 million, i think there's a lot of additional opportunities we can address that includes preservation and antidisplacement programs? 4,000 units were moved from rent control status over the last ten years. we really need to focus on preserving our existing housing? and i'm a district 2 resident, and district 2 is one of the several districts that has lost 10% of rent stablized units that were built as new affordable units? so that's just another statistic to throw out there. i think that geographic balance should focus on the bond and future funding priorities that include eraf and prop 13

reform. i'm really hoping we can come together to leverage as much as we can to make sure that our affordable housing is consistent funded. thank you. >> chair fewer: i see people lining up that actually don't have cards. [names read] >> good afternoon, supervisors. my name is tamika moss. i first want to say thank you to chair fewer and mayor breed for bringing this legislation forward. i had the privilege of chairing the housing group where we thought about how do we use these funds to uplift community housing residents. i don't want to actually be in

a community where we have to choose between whether or not we support our vulnerable seniors or vulnerable families or vulnerable youth. i want to do it all. and you as the supervisors have a duty to help the people that are struggle to stay in our city and our region. every day, hamilton families go to work, and they come home to our shelter. they don't want that for their children, and we have a duty to the extremely low-income people in our communities, which is why i think we need to think about putting a permanent source of community housing in part of our capital plan so we can provide housing for people who need it most. i also want to thank you for the additional $100 million that we now have access to.

i just ask that when you consider amendments, you consider an inclusive process and include stakeholders in your decision making around how those dollars get spent. thank you. >> hello. my name is theresa imperial. build soar has a program, and we've been advocating for the barriers in affordable housing, and right now, the barrier is the income gap. for the last five years, are clients are, i would say it's between 40 to 90% a.m.i., and that was 90% of our clientele. now it's such a big shift that 30% of our clients are zero to 30% a.m.i.s. and also, when you're talking

about a.m.i.s, it's stagnant, fluctuating every year. so we're getting poorer and poorer, and the nonprofit workers are probably considered to be extremely poor income. so we need to, when we're prioritizing this bond, we need to think about the extremely low-income, whether in preservation, extremely low-income housing. i'm glad that we're increasing the bond to $100 more, but we need to think more on the different sources of funding. so yes, i hope to see that more. thank you very much. >> hello. i'm here representing community housing partnership. i'm just here in front of you, supervisors, because i want to say i really love the city and

i love to be here as a part of the community housing partnership. i am here to say that community housing works. i was homeless for 13 years. when i was homeless, i had three boys on the streets of market street which i couldn't bring home because i didn't have any home to bring them to. but since i have a home through community housing partnership, i'm able to bring my son home, four years old. i just want to say i support the community housing act, and i hope you do the same. thank you. >> good afternoon, supervisors. my name is malcolm young. i was one of the subcommittee cochairs on the housing bond working group. i just want to bring to this table the four recommendations that came out of our group. one was to make sure that we

fully fund the shovel ready projects that we shouhave in t pipeline. by doing that, we could create almost 2,000 units almost immediately. number two, making sure we get 1 100% affordable housing projects going. we did ask for some money within the bond to do some projects so that when prop c gets legalized, and it will, we're ready to go right away. i think it's critical that housing be considered infrastructure for this city and housing be included as a

permanent part of the capital planning process because that puts us in a position where we can actually plan long-term and not be in a situation where we're all fighting over the same dollars because we're worried it's not going to come around again. thank you to supervisor fewer and the mayor for putting this forward. $600 million is a lot of money, and we're definitely looking to this passing in november. >> hello, supervisors. my name is c.w. johnson. i just wanted to say i support the seniors bill -- i mean, the seniors bond. the thing is that next year, i will be a senior, and i'm on disability. i notice that the -- there seems to be no addition for

seniors with disability. i just ask that you look with that because a lot of our seniors -- and i become a senior -- may have disability issues, so that may be something you want to put in place. so for people to have certain units that may be accessible, just kind of have a coalition of what we need, like wraparound services. a lot of seniors are isolated like myself that may need mental health support or physical support or just need community building support. so thank you, and i hope this works out and i hope you take into account really low-income housing. thank you. >> hello, supervisors. jessica lehman with senior and disability action. we work with seniors with and

without disabilities as well as adults with disabilities of all ages. and we strongly support having more housing, of course, that's deeply affordable for seniors. it's heartbreaking that all the time, we talk to seniors and people with disabilities who are looking for affordable housing, and almost nothing that is labelled affordable in this city actually works for someone who's living on $900 a month on s.s.i. or who's getti getting ssdi or someone who is sort of retired or trying to find a part-time job at age 75 because they can't live on the tiny little savings that they have. thank you for the work that you've done. we urge you to adopt the findings from the senior housing work group and do as much as you can. i also urge you to look at what we can do in the bond and beyond for seniors with disabilities. i want to stress that this is very much not about pitting one

group against another. as an earlier speaker said, we shouldn't have to choose in this city between groups that are marginalized. we should be able to make sure that everybody has a safe and healthy place to live. just to remind everybody, seniors with disabilities makeup a quarter of our population, so one it's on our ballot, we need those votes. we need to make sure that seniors with disabilities see themselves and know that they have to get out the vote because they are going to need housing. thank you. >> hi. good afternoon, supervisors. my name is alexandra goldman. i just want to thank you all for your continued advocacy on behalf of affordable housing and thanks to all the folks in the room and beyond who have been working really hard. i also want to echo the

sentiments of the other people that we need to keep growing the pie. it's fantastic, and we need to continue to ensure that we grow the amount of money available for affordable housing. until general, tndc is particularly interested in ensuring that there are resources for extremely low-income households and for preservation. one of the great things about building acquisition is that you're helping to preserve a neighborhood in addition to preserving and creating new units of affordable housing. so to that extent, we're really excited to see resources for larger sites that are available in neighborhoods that we focus in, and we're excited to see opportunities in other parts of the city that don't have as much affordable housing. and we're willing to partner with organizations or build capacity in order to ensure geofrage geographic equity when it comes to housing. so thank you all of you and

looking forward to working with you on all of this. thank you. >> hi. laura foote, yimby action. this is something we should be looking at. we also have to make sure this money goes as far as possible. we have to make sure we're supporting the rezoning of public land to allow public housing in more places. too often, affordable housing has slowed down and is stymied in production. we've heard a lot today about the tension between wanting to make sure that middle-income

people are able to live and thrive in the city and the needs of the lowest income people and how, you know, that tension, people say we don't want to pit different groups against one another. there is a tension there? how are we going to divvy up the baddy needed subsidies? we don't have subsidies for affordable housing. as someone who advocates for housing subsidies and housing in general, we shouldn't be redirecting a lot of this funding to middle-income people. the market should be providing for middle-income housing, and we shouldn't be redirecting badly needed low-income housing for teachers and nurses. they should be able to afford housing in this city. i would love to build all only public housing. i don't see

i'm a resident for sunnydale, and i live in hope of the hope

s.f. -- in one of the hope s.f. sites in san francisco. i am here on behalf of sunnydale residents to remind you all that sunnydale was built 77 years ago, and these housings for specifically for temporary ship workers at that time, and we're still occupying those units, and with that being said, our families are basically sharing units with pests, infestation of roaches, mildew, mold, never ending plumbing and maintenance issues. and i just want to let you know that sunnydale and potrero have been forgotten, and this will increase the level of life for residents in sunnydale and potrero. thank you. >> my name is arturo hernandez,

i'm here to represent our mission, no eviction. we're in a neighborhood who has lost 10,000 people who have been gentrified. 8,000 of those were latinos. i know an elderly woman who is currently renting a closet for $700 a month. i was going to call and report the landlord, but she begged me not to do that because she would be evicted and would have nowhere else to live. i know a family that's living in a back yard. he setup -- the landlord setup three tents, tossed them a hose and gave them an extension cords. i know many people that live beside freeways, under bridges. it is criminal to take these

tents away. if you're not going to provide a place to people to live then you should not be taking their tents away. if you look at somebody who makes $15 an hour, and we're talking about janitor's, busboys, and maids. that's $410. you can't make it at the end of the month. and then, your credit goes bad, and you go to apply for a place to live, and you can't get in because you've got bad credit. i was part of the last bond that was put together. i'm part of the committee that put that bond together. i'm here to tell you that our mission, no eviction is in support of this bond, but i'm

here to tell you -- [inaudible] >> clerk: thank you. >> hello. my name is clyde jenkins. i live in sunnydale. i would like to thank you, those of you that came out to our community. we feel it's important, the impact of that bond, and you guys coming out to see and actually walking through our community was a big step. we have never had anything that impactful which you guys coming to our community. like a lot of people said, there's a lot of communities that feel like they're isolated, and sunnydale and

potrero feel like that. you guys actually recognizing that and actually trying to do something, it really means a lot to that community. we are totally for the bond. we glad that we are actually being thought about in the bond. there is -- there's been situations where we just -- the community has just been living with just things that you wouldn't even think that a community shouldn't be living like that, so i want to thank you guys for coming out and even considering this that would make a very big impact on the sunnydale community. thank you. >> good afternoon, supervisors. my name's ken trey, retired social studies teachers, and i'm here representing the united educate i donors of san francisco. i remember when the housing crisis first started, around

2008 or so, and shortly after, our department chair had to go down the peninsula. he was leaving the city and he couldn't imagine supporting his family with the expenses of this city. walking to this meeting, i'm sure everyone has passed the folks living on the street. we all know it's appalling in such a wealthy city such as ours, with the third most billionaires in the world, that we can't support our own. so uesf is glad that the bond is going forward. we've been advocating for years that we need housing for teachers and nurses and show

makers and those -- shoe makers and those doing the work. but uesf doesn't want that at the expense of low-income workers, our own paraeducators and their families. we're glad this is $100 million extra coming aboard with the bond funding. we would ask that the city add another $20 million to supply educator housing, which would support middle-income teachers and paraeducator housing. thanks. >> good afternoon, supervisors. my name is anabelle, and i'm here with the united educate i don't remember -- educators of

san francisco. we're here to support that $100 million of the bond to support teachers and affordable housing opportunity for housing that's currently in the pipeline. this will allow them to continue to live and work in san francisco to provide our students a quality education. thank you. >> good afternoon, supervisors. peter papadopolous with the mission economic development agency, and i wanted to start by saying the $600 million, if we are able to move this forward would be obviously a very significant step towards addressing the crisis issues we have around housing.

i want to echo a few of the thoughts we heard and maybe expand upon them. senior and supportive housing i think are critical steps, and we heard a lot particularly in this area around this issue of extremely low-income and where these folks are finding themselves right now in trying to make sure, especially in these areas as well as in the wider population, we really make sure to meet those e.l.i. needs which are a real challenge. they're a challenge here for all of us. they're a challenge on the day-to-day lives. we've heard some great testimony just how intense it is trying to stay in this city. we agree that additional geographic expansion is an important step across the city and and making sure that affordable housing is available across the

city. and we want to make sure that neighborhoods that are seeing high level of gentrification, eviction does, displacement -- eviction doe evictions, displacement, and loss of affordable housing, also have their needs met, as well, and we want to see a structural development for ongoing public housing, that we're committing that it's part of infrastructure, and we're going to keep coming down to it as part of a larger sort of equity growth plan for the city which we'd like to keep discussing. thank you. >> good afternoon, supervisors. i'm sarah short. i'm with community housing par nership. we're a community housing provider, and we house folks that are formerly homeless in

permanent affordable housing in san francisco. so obviously, we have a great stake in this bond, and we enthusiastically support it. we know that some of the final details are still being worked out in terms of the specific allocations to the specific buckets, and we are really hopeful that you'll come to some good resolutions shortly because we need this to go on the ballot. and thank you for all your hard work behind that. we also are -- as much as we do support this bond, we're acutely aware of the large need that we have, and that the bond is not unfortunately going to cover that. judge in our pipeline alone for district 6, where we happen to be located, the number is actually larger than what the bond provides for the entire pipeline. so we do encourage you to

consider doing the five-year reup and making sure that this bond doesn't fizzle out when we don't think we need the need anymore because we'll always have the need. unfortunately, our city for a long time has relied on public housing as our primary source of housing for extremely low-income residents, and the picture has greatly changes especially in terms of the federal funding, and so we need to be, you know, very cognizant of the great need as well as the dropping incomes and, you know, economic injustice has also contributed to a larger need for people at that income level. and when we talk about seniors, that's --

>> clerk: thank you. >> thank you, members. my name is arnold townsend -- reverend arnold townsend. i had the pleasure, i believe, of working on this somewhat with all of the people who were concerned and worked on the committee to put the initiative together. let me just say that we live in the first period in history where in the wealthy covet the homes and the neighborhoods of the poor. with that, i watched the african american community lose about 50,000 people and i'm being conservative in my estimate since i've been living in this town. and that happens because people move into your neighborhood and some move in to live with you, and others move in to replace you. we've had too much of the latter kind.

so i appreciate board president yee and mayor breed for cooperating, working together to do this. it is a lesson that many of our housing advocates could learn about how we're going to resolve or at least start working on resolving the housing issues. we're living in a society where the very low-income, those who are homeless and those who used to live in hotels have to compete with teachers and union -- labor -- how in the world does that happen? any city? so we've got to -- happen in any city? so we've got to move that forward. please use this to maintain neighborhood. we don't have a problem with our neighborhood being called

an african american community. you may. it is to us. thank you. >> good afternoon, residents. my name is carlos, and i'm a resident of the mission and i've had the privilege for the last 2.5 years to fight alongside residents as they've gone through evictions. i've helped seniors and adults, documented and undocumented alike. the one thing i've learned is that suffering is a matter of degrees. there are some that have greater opportunities to get themselves out of the situations that they find themselves in than others. and i would definitely say that as we're living in a city with a growing income inequality gap, the only thing that stays consistent is the gap for those lower income families grows along with them. it's important for us to be intentional how we're spending this money, making sure that the low-income community residents are going to be the

ones that are safeguarded the most. and on top of that, the new housing that does get built, that we're intentional where it gets built, too. so that people have the opportunity to remain in the neighborhoods that are so special. if not, before you know it, there's a neighborhood that remains but the thing that made is special is gone because the people are no longer there. i would advocate also for this to be an ongoing five-year bond, as well. >> supervisors, my name is mateo. i'm really hoping that we'll move together, you know, some

of us that are more campaign focused are already thinking about, like, what's the next four months going to look like? and we want to be with you, excited about the contents of the bond, about a heavy and significant investment into senior housing, into an investment for, you know, brothe brothe brothers and sisters in public housing and how we can bring this forward. and i think how we can have this conversation about how's how's -- how we can make a housing bond an ongoing issue is fundamental to making incremental changes in public housing going forward. so we're excited to work with you to get to a point where we all in community are excited about a $600 million affordable bond, which is incredibly

exciting for everybody in the room and for everybody on the board of supervisors. and you know, we look forward to them working with you following that into getting the support of san francisco voters for this incredibly important initiative. thank you. >> supervisors, this is sarah wan. our council strongly supports this mention, and i especially mentioned, this is a very special one that i have first time that will place senior into permanent place. and we also hope that we can work together to keep our families and youth in the city and also work with different districts and neighborhoods to understand specific needs and strategies, so i look forward to working with you all.

thank you. >> yes. good afternoon, supervisors. i notice the frask said it's a $5a -- graphic said it's a $500 million bond, but i got here late. i very much agree with calvin's stats on this. one of the issues of hyperinflation is that the people of the past who are living in a -- a value system that was real then and now we're living in an imaginary financial system as far as they're concerned. i would normally like to give a minute of silence for iris canada, a 100-year-old woman

who died because she was evicted from her land. she was -- if i calculate right, she retired when the minimum wage was $1.60, and she can't keep up -- she couldn't keep up with the cost of living, and where we would cherish people who have long survival, she becomes expendable and disposable. so the issue of hyperinflation, i would urge you to consider, as you're developing this bond, first of all to not encourage the bond sales from overseas, but to encourage the bond sales from local people so that it becomes very much a local investment and that people willing to invest in this city are urged to buy. the other aspect of it is that

if there's an economic -- [inaudible] >> chair fewer: next speaker, please. >> members of the board, abe fujikawa, and i want to echo my colleagues' statements. what an impressive lineup today. it certainly seems that working together, we have more than a fighting chance to pass this bond when it comes out on the other side. i want to mention one issue that was raised when we participated in the senior housing bond committee and we worked with the dignity fund and many other senior organizations to make should recommendations. and i wanted to sort of address one issue with respect to the unaffordability of affordable housing, particularly for seniors. although we raise that as a critique of the existing system, we also proposed a

solution, and that solution is to create a relatively modest subsidy program that would bring down senior and affordable housing to the level of 15% a.m.i. we're proud to be working with supervisor peskin that will be announced on tuesday a program that will bring a majority of units to 15 to 25% a.m.i. there's a solution. we really appreciate the work of this bord, tard, with the ms office, and we can fix this housing with programs such as this. >> chair fewer: thank you. next speaker. >> i want to remind you that folks that are working in

nonprofit housing with really struggling with housing. it's disheartening to hear my co-workers talk about leaving the work that we do helping homeless people and housing, and they go to another job. i know one of the people that i work with, the other full-time job that he works goes toward the rent. some of the people that i've worked with over the years end up on wait lists, and i see them deteriorating out on the street. it's not because they lost a job, it's because the overwhelming stress of trying to navigation employment and barriers that society puts on us and these overwhelming rent, it's crushing to people, so we really need to be prioritizing housing that people can move

into and live