occasion of the earthquake we would have. 10 percent isn't really the threshold of damage. when you triple it you cross that line. it's much more damage in earthquake. >> i want to thank you, harvey, thanks pat for >> goovend, everybody. >> how is everyone doing today? >> awe some. great weather we were dreading it would rain today and look at

the sky behind me. gorgeous. this was meant to be. my name is natasha i'm the executive vice president the development at bridge. for northern california. i will also be our mc today. on behalf of bridge and ken lombard could not be here today. i want to welcome all of you and thank you for take the time to celebrate the grounds breaking for potrero block b. bridge was seconded by san francisco to partner with the residents of the potrero community and literally redesign the landscape that you see here. together, we embed on the long over due and critical task of figuring out how to figure out the potrero terrace andaneck. hours of discussion, design charettes and focus groups with the community resulted in

rebuilt potrero. an ambitious vision to redevelop the site in a master plan with 1600 housing units, parks and open space, new street grid other thanning retail and community serving space that grand vision is surely taking shape before our eyes with the development of the second phase with 150, 7 units of affordable family housing and infrastructure. [applause]. 1101 connecticut the building behind you, this you see across the street is 72 family housing units that opened in 2019 as phase one of potrero. potrero block b includes a 6,000 square foot child pace and provide a home notoriety cross

cultural family center a childcare provider serving the communities for many years out of 2 existing apartments. in addition the block b development will include 4,000 square foot public minipark. the first of several parks in community serving open spaces that are an important part of this master plan. our mission is to communities. i have been with bridge for many years. i joined the potrero team earlier this year. this is really personal for me. i upon really want to take this opportunity to thank the residents of the potrero community and all the other stake holders including supervisor walton and his staff. mayor breed, staff at mayor's office of housing and oewd. the san francisco housing authority, i see tonya here and staff. hope sf for welcoming mow to the team and post in the our

collective effort to rebuild potreroism look forward to working with all of you to further our mission. lastly, a shout out to the small and mighty bridge team. april tale. susan newfeld. t. j. bryce. listen all instrumental in bringing us together. give everybody on the stake holders the community let's give everybody a round of alaws. [applause] i would like to welcome supervisor walton who has been the champion of the rebuild potrero project. good morning, first of all welcome to the beautiful

district 10 the sun is always shining. even with the expectation of rain. this is truly a beautiful day for us here and community to be breaking ground on another building more housing and affordable housing in san francisco and in potrero hill. my conversations with bridge start in the 2007 and 8 when i was the director of the family resource center and talking about development and talking about how we would rebuild potrero we are 24 years later, we have first unitings up. more units on the way. this is what we really call fulfilling a promise. and we will make sure we continue to finish all the units that are going to be replaced here on the hill. when we replace units we are not replacing community. we make sure community can stay, live here in the same

neighborhood where they have been raising family and work for the last decades. i'm excited to be on the board of supervisors to see this enter fruition. i look at members in communities and folks, note only lived here for their lives and worked here and been a part of making sure we got to this day and thank the community and residents, they have of course had to endure all of the changes and designs. all of the different models before we got to this date and to see the work coming. thank you for your resiliencey to the community and thank you for showing up today. looking forward to had this is finished, we'll be back to cut the ribbon and people are moving in. thank you. [applause] >> thank you supervisor walton.

i would now like to invite eric shaw to say a few words, potrero with the other hope sf project in san francisco would not be possible without the on going support of the mayor and certainly her staff at mayor's office of housing. eric? [applause]. >> thank you very much. and also proud to say i'm interim director of hope sf. i wear 2 hats and proud of both and want to thank and blessed and fortunate in that initiative as well. i'm proud to be here to celebrate the construction of another building of affordable home in potrero hill. it reflects the promise we made to the potrero public housing this no residents be displaced as we transform this to a racially and economically inclusive neighborhood. this is a vision of hope sf to create new possibilities and for

a city on aging public housing cites this anies back years and guess back to previous mayors. promise deliver on the vision pass friday mayor to mayor. because while the city and the person in city hall may change the community deserves these projects. original buildings built 80 years ago and not built to last for as long as they have. we worked to rebuild the community surrender way with residents move in the 72 new homeos 1101 connecticut. this will be here will be the seconded affordable housing to break ground as part of potrero hill master plan. will bring 157 new homes to the neighborhood. 117 of those reserved for current residents already call potrero home and will create 40 additional affordable homes new housing opportunity here as we reimagine this neighborhood.

includes 10 units servesh reserved through the preference program so they are not displaced. the building will have on sight property management and service. community gathering spaces and on sight minipark and the public. affordable childcare approximate this is just the beginning. i am honored gather to break ground on the next step for the community and i can't wait to be here for the grand opening the next decade planning up to 1700 new home in the neighborhood and 65% will be affordable. and as we invest more in potrero and build the housing we the great new community spaces, job ands transit opportunity. celebrate >> moment and lift up our communities and create tunes for all regardless of backgroundses. and for recognitions. i like to thank everyone involved in hope sf.

raise your hands. >> [applause] i would like to thank bridge housing and team's architects, contractors and service providers took the time to gather feedback from the community. your work made sure the voices were heard and the needs were met. i want to thank the san francisco housing authority and are tonya? who has been an amazing partner through this whole journey. and ultramarathon if we call it that we are coming in mile 25? thank you very much for your leadership as well. i want to thank the city departments including all my teams and the mayor's office of housing community development. can you raise you were hands? mocd? and our funders it is all about money and by the way we need more. thank you very much. i always have to ask. the supervisor that was your talk happening points to ask for

more money. we will do that off line. i want to thank the california department of housing and communities development. provides fund to the california housing accelerator to allow this project to move forward this is one of 5 projects hope sf that are funded. i want to thank you very much. and finally i want to thank the community. you put your faith in us and work for us and without you none of this will be happening. continue to work to commit it possible as we strife for a san francisco that is affordable to everyone. and with that i will bring my fellow partner and development and financials from the stage. ditransition. [laughter]. hands it over. >> okay. there you go. all of us should ask for funding. it takes a village in that space. thank you very much for your partnership as well. [applause]. before i start i need to take a

picture from up here. i -- all of you etch raised your hand and i am getting pictures one at a time. congratulations your victory! good job! thank you. >> of course eric. good morning, everybody. i'm hernandez deputy director for communication at the california d. housing and community development. it is my great pleasure to be here today. [applause]. on behalf of governor newsome, yea. don't record that. acd director valasciiys wanted to be here today and our entire departmentive want to wish a congratulations and honest low a thank you. i will go off script as i was upon listening to the speakers

and eavesdropping on the side conversations, what really resonateed me and is at the core of great investment is community. theancy displacement efforts for this project are critical, they are so important and they speak to when we really care about that is giving people safe, affordable homes for long-term. thank you for this hard work. thank you to the community. i know it can be tough to trust government. and work with government. and i hope today you feel some success. we cannot be here without you. [applause]. so as you heard, we invested through our housing accelerator fund approximately 94 million that mean this is project within 6 months went from the, ward to today this . is unpresidented, record breaking and critical to

keep this project moving. we put in another 20 million with the california growth council for investment in infrastructure, bike ways, walkways and making better transit connections the under production of house nothing general and affordable housing coupled with historic red lining and other policies made housing unaffordable for far too many in our state and for too long. we need more communities like this. the housing accelerator will provide approximately 5,000 new housing units throughout the state they will come online extreme low fast. developers like bridge and per ins like in the mayor's office. want to thank mayor breed, eric, your team. we need that commitment. this project is years in the make. and we need that dedication so

no matter who is in office the projects move forward and represent the community who deserve and over looked for too long. look forward to victim in the city of san francisco. look forward to more opportunitiful i will get prishths after this. i'm looking forward to. thank you again and i cannot wait to be back. our director wants to back when we cut the ribbon and welcome more residents home. thank you very much. [applause] >> thank you. we appreciated both the state and the mayor's office of housing for the funding they have provided this and other projects. i would like to invite jonathan, executive director of j. p. mother abchase. >> chase bank provide financing for block b. in addition to the subsidy

funding reach out to the banks and our investors always to get more funding and we want to thank you for your support. >> thank you. jonathan beach with chase community development bank. an honest torto be here thank you for inviting me. just to start, i joined chase 4 months ago. prior i managed santa clara affordable housing department of i want to admit i have didn't least amount work of anybody here but get the honor of speaking at the ground break. that said, i want to thank bridge. and all of our partners here today and congratulations on the ground break. i have been a fan of bridge for a long time at the city and at chase. and i could not think of a better development team to tackle a complicated and master plan development on a site like this the oldest public housing

sights in the city. you know chase roll roll was to provide 150 million dollars in construction financing and 50 million dollars in permanent financing and despite the big number there is is no may the project is feasible without the mayor's office, housing authority. monica mentioned, this project here is an example of the success of the state's housing accelerator program to fund projects that would have been stuck in the bottle neck to get tax credits. this projects this otherwise may not have been funded. who knows where the project would be today without the accelerator program. chase, we funded a number of fais phases through hope sf. we are prud to be a part of the broader initiative. but what is happening at potrero. i want to thank bridge for having us here today and block b

is part of the larger goal to the larger goal to increase access affordable housing for everyone. i think we are looking forward to seeing your vision realized here. and come become to see this master plan development fulfilled. thank you and looking forward to communities thrive here. [applause]. >> thank you. i would be remiss if i did not mention the housing authority as always one of the providers for all the projects here. housing authority [inaudible] and i want to reach out and thank my colleague, tonya, for her leadership and partnership and looking forward to working with you to expedite when we have here. thank you.

[applause]. and last but not the least, i want to invite april tality tow come and say a few words. and acknowledge and village of folks you tell we partnered with to make it happen. >> i want to thank april for her dedication approximate hard work in piecing together the financing, you all just heard how much it takes to put the projects together. and as monica said, and i think eric you mentioned this and jonathan; we applied multiple times for financing throughout state under a different program and not successful. and the govern obviously upon his priority is to increase the amount of affordable housing and expedite building housing. i want to thank april she was curating the applications and trust mow they are not easy. lots of details.

i don't know april how many times you applied, twice. >> okay. >> i really would like for to you come up here and say a few words about the projects, your experience and we want to acknowledge everybody. instrumental to work here today. thank you. >> good afternoon, everybody. i think we can do better. good afternoon, everyone! >> thank you. i'm april tally senior project manager at bridge. i am delighted to be here as it has been a challenging and yet rewarding time.

on behalf of bridge housing i would like to take a few moments to thank several team members for make thanksgiving development a reality. i like to acknowledge the residents of potrero public housing. thank you for your patience with this process. we also like to acknowledge the neighbors of potrero public housing as well. we looic to thank our community based organizations that support and uplift residents such as the chant shanti project, care. stand in peace, neighborhood house and rdj. >> our architects paul, jeffrey, alisa and anthony for the creative design. thanks to gary string and the team at gls for landscape design. i like to thank our consultants at ph pc for financial consultation throughout the

predevelopment through construction closing. next i like to thank acc, sunlight and power. concord group and way point our construction managers on this project. thank you to matt irwin. robert and the kay hill team for partners in the redevelopment of potrero. you all know kay hill was the gc for connecticut as well. we appreciate supervisor walton and his staff for supporting the project and a huge thanks to the california department of housing and community development for helping us >> yes. helping us put your funds from the california housing accelerator. they were in lieu of traditional 4% tax credits and bond

[inaudible]. this project would not have been able to start construction and create jobs without them. once again, thank you to the mayor's office of housing and community development for providing both predevelopment and gap funding. i want to thank ryan. sailor abrendzon dwyer. sarah, lydia and eric shaw. additionally, i like to thank staff at oewd for support and asisterance with needlement approvals and the permit process which can be crazy. special thanks to hope sf staff for your community development effort. thank you to our construction and lendser chase bank for funding the development. i would like to thank acknowledge -- henry, wendy

richardson and linda for their hard work and next i like to thank the staff at bridge. we could not have reached such a mile stone without you our accountant. and also a some thanks to our community and residence dents services team for their work to support potrero residents. thank you to jeffrey mccormick and bpmc for letting the potrero hosting and available to answer questions. and finally i want to lynne and ellen for host thanksgiving events. thank you all. [applause]: >>ing events. thank you all. [applause]: >> music music [music]

>> i lived in the mission neighborhood for seven years and before that the excel see your district. 20 years a resident of the city and county of san francisco. i am the executive director of a local art space nonprofit that showcases work that relate to the latino community and i have been in this building for seven

years and some of my neighbors have been here 30 year. we were notified from the landlord he was going to sell the building. when we realized it was happening it was no longer a thought for the landlord and i sort of had a moment of panic. i heard about the small sites program through my work with the mission economic agency and at met with folks from the mayor's housing program because they wanted to utilize the program. we are dealing with families with different needs and capacities. conversations were had early in the morning because that is the only time that all the tenants were in the building and finally when we realized that meda did have the resources to buy the building we went on a letter writing campaign to the landlord

and said to him we understand you want to sell your building, we understand what you are asking for and you are entitled to it, it's your land, but please work with us. what i love about ber nell height it represents the diversity that made me fall in love with san francisco. we have a lot of mom and pop shops and you can get all your resources within walking distance. my favorite area of my home is my little small patio where i can start my morning and have my coffee is a sweet spot for me and i >> the board of san

francisco waterfront stretches 7 and a half miles and while it seems it will always be there, our waterfront needs us. san francisco faces coastal flooding due to climate change with expecting sea level rise up to 7 feet by the year 2100. we also need to strengthen the wateren front gaest urblth quake risk. the waterfront resilience program is leading a city wide effort to adapt the waterfront kaess this unique combination of risks. what is at stake? small businesses nearby housing open spaces and attractions and initial historic district, mare i time and industrial use, transportation like bart and muni, critical drinking and wastewater utility and disaster response facility. guided by robust public engagement process since 2018, the port and city and federal agency partners have developed waterfront adaptation strategies

for public review and engagement. adaptation strategies are a combinationf construction projethss and policies to defend san francisco against flood and earthquake riskbs to create a resilient sustainable equitalb waterfront for the next 100 years. we'll need to use different approaches dependling on the unique characteristics of each neighborhood and shoreline. continuing to defend locations against current and future flooding at the shoreline while defending further inland in other locations to create space for our expecting future fwluding. the port is committed to insure adaptation strategy create students for san francisco historically underserved communities. we want residents to engage in decision making and benefit directly. we have a once in a generation chance to defend waterfront jobs, housing and public spaces from floods and earthquakes and reiman jts with more pub luck open

space, better access improved mobility somewhere enhanced ecology. join the port of san francisco and let your voice be heard on the future of our waterfront. learn more at sfport.com/wrp. welcome to the meeting of the transportation authority board. i'm rafael mandelman and serve as chair. vice chair is aaron peskin and clerk is i liegea saunders.