>> >> >> what say a nice day to build housing in san francisco. good evening, everyone. i'm london breed where we are going to build over 500 units of housing. [cheers and applause] >> man, i don't think i have ever signed a piece of legislation supporting housing that has made me happier than the one i'm about to sign today. you know, president peskin, i want to take us back a tad bit

because when you came back to the board of supervisors, the work that we did together by providing the opportunity for the board of supervisors to make legislative decisions instead of leaving it in the charter, understanding that it is so important that we do economic feasibility studies to ensure that the decisions that get made around our requirements for housing, don't impact our ability to build. we know a lot of things for housing are not within our control. the cost of materials and the economy and setting interest rates is a whole but there are things here locally that are within our control. i want to take this opportunity to really appreciate so many people who came together with the technical advisory committee, who worked day in and day out to ensure that we really

dug deep, that we fulfill a process that we made to the people of san francisco. that when we make decisions about inclusionary numbers, if the economy changes in anyway, we will reevaluate those numbers to determine if they should be either raised or lowered, and we will not play politics with the needs to do everything we can to build more housing in san francisco. and today, fulfills such a promise. no, it is not everything we need to do to get to the 80,000 units that san francisco needs to build in order to fulfill our housing commitment for the element, but it's an incredible start. what does this mean? this means we have come together with stakeholders. i want to appreciate board president peskin and those in my

office for the work and the various tac members did to get us to this point. i even said at this point when anne was in my office, what did you do for president peskin to get him to be so cooperative. i'm not used to this. i don't know what kind of magic she did or worked this committee in the way that she and president peskin did to make this happen, but what i appreciate most is it shows the power of collaboration. it shows what can happen for the greater good of our city when we are willing to come together and to negotiate and to compromise, and to do what is in the best interest of san francisco. so, what does this do? well, this unlocks thousands of units that are now possible because they can get the financing necessary to get these projects done. what does this do? it creates a

number of various layers of commitments that we are making to not just wait years to make adjustments to inclusionary numbers, but to look at inflation, to have built in mechanisms to be sure that we don't wait around for policies to pass or change but able to move forward now with projects that are being approved and already been approved so we can unlock housing in san francisco, so that we can break ground and build more all over san francisco including downtown. what does that mean? it means we are building housing but we are creating jobs. so i want to really thank all of the various labor organizations from the plumbers to the carpenters, to the electricians, all people that are responsible for building housing in san francisco.

more housing means more job opportunities and we want to make sure that we are building so much housing that we can barely find the workforce to do it. that is our goal, but more importantly, and i know, go ahead, clap labor. they are excited about that. [ applause ] but more importantly, affordability is a real challenge and we want to be sure that our san franciscans of various areas of labor and our bus drivers and workforce in san francisco and others and to those who are struggling to make ends meet. we want to make sure that we have as much housing as possible to ensure affordablity for different layers for jobs that exist all over san francisco.

we have a lot of work to get there but this is our very very first step. we know that we have to do so much more. we have to be more aggressive than ever before if we are going to meet our goal. san francisco already has 50,000 units. do you know what that could mean for the city of san francisco? what that could mean for what is happening right now with new technologies that is emerging in every part of san francisco, and not just right now but pier 70 and dog pound and we are the leading company in the world here in san francisco and more to come. so we have to make sure that we are building the housing

necessary to meet the needs, to meet the demand. that we are doing everything possible in this legislation that i am about to sign today is a significant step in the right direction. so i'm looking forward to breaking ground here in those 500 units as well as other parts of our city. let's get to financing, let's get the job going, let's make magic happen for the city and county of francisco. [ applause ] and before we sign the legislation, i want to take the opportunity because this doesn't just happen because we want it to happen. this happens because people come together and they do the hard work to make it happen. as i said, president of the board of supervisors, aaron peskin, ben rosen field, our controller, the director of the planning department, sarah

phillips, oewp, and who worked her magic, conrad who was a part of this team as well from the city side. i want to thank all of the members of the tac who came together to fight it out on the inside and merged together on the outside, and i want to thank the consultants and want to thank the developers estrada, matthew, thank you for the work you do. jim morrison, with hines and erickson and fearless developers here. from 530 howard street. en enrique. carl from fisherman fiore. thank you so much. and we couldn't do this work

without the incredible people whose hands build these units, the carpenters, thank you so much. [ applause ] and the building trades. and of course many of our housing advocates, jay natoli is here. thank you so much to cory from the housing action committee. it is a village. we won't stop, we can't stop now. first step in the right direction. and before we sign this legislation, i would like to introduce supervisor president of the board of supervisors aaron peskin. [ applause ] >>supervisor aaron peskin: thank you, mayor breed. the mayor got it just right. this is government working at its best, collaboratively based on actual data and i have to say, the meetings that we've had over the period of months were

actually very pleasant, they were not contentious, they were informed by experts. all of them i was going to thank, but the mayor has thanked each and every one of them. i will say that the office of economic and workforce development were splendid. i think we named him excel spreadsheet conrad. 22 years ago, san francisco was at the leading edge of creating affordable housing in new market rate development. that legislation was carried by my then colleague supervisor mark, who worked very closely with erickson and we created one of the first on-site inclusionary affordable housing laws in the united states of america that has been copied by cities all across the country. but it was never meant to be static. we enjoyed robust times and that

ten percent initial number crept up to 15% and eventually 20%. but when times are tough, that number has to be adjusted in a way that allows new housing start to happen. the mayor understood that, the entire board of supervisors are almost the entire board of supervisors understood that and that is what led to this process. mayor breed referred to the fact that unfortunately in a number of time, the number got put in the charter at 12% and nobody could bring it down and we took that charter and we made that promise saying we will revisit this every few years and adjust the inclusionary rate number accordingly and we kept our word and that is exactly what happened. now, our job is not done,

because as these significant reductions in the requirements for on-site affordablity has gone down, this city has the obligation to build 80,000 units of housing, the majority that need to be affordable and we have to find a way to do those. we have had that conversation and that is part of this conversation and that is what the mayor and i are also collaborating on and realizing the affordable housing bond will be the opportunity to vote on this march, march of 2024, in the amount of $300 million. we mentioned that this week and working to get that passed. with that, it is my pleasure to witness this signing. it truly has been a collaboration and i will close by saying it is one of many collaborations.

it is the kind of collaboration that we had relative to adaptively reusing vacant buildings in the downtown core that we cleaned up and passed and along with corroboration with supervisor melgar and her work and in the city and county in san francisco. our work is not done. i look forward to more collaborations going forward. thank you, mayor breed. >> good afternoon, my name is michael cohen from strata. thank you all for coming today. it's really fantastic to have you all on this humble parking lot which we are advancing plans to build this incredibly gorgeous 500 units, residential building. i have to say those plans are much brighter today because of this legislation.

indeed this legislation is the most impactful that has come out in a decade and it's so important because it addresses the single barriers which is affecting housing to do and that is affordablity. and there are things that are outside of this city's control, but by significantly reducing this bill, we will be able to build housing and will not happen over night but over the next years, it will have a huge impact. in addition to what it says, this bill says a lot. one, it directly acknowledges

that we could not hope to build additional housing without decreasing the rate to market. and shows when the stakes are the highest, leadership in the state and san francisco can come together to work on pragmatic solutions. i have to say the mayor and supervisors and everyone else, it's remarkable because you did something really important, really well, really quickly with no drama. for that, i will say thank you, and god bless. [ applause ] i think rebecca is going to come up. >> >> hi, everyone. nice to see you. i am rebecca foster, and i had

the honor of being in that inside closed door site on the tac, not really, it was pretty low drama. and i am also the ceo of the housing accelerator fund. those things are really connected. we launched the housing accelerator fund in 2017 as a public-private partnership, really to turbo charge the city and affordable housing developers to be able to preserve more housing more officially and since then, we build millions of dollars for san francisco projects and made over $400 million in investments and supporting those around the city. we love this fund. and we have build more units

around the city that help residents stay in their long time homes to amazing beautiful buildings like just down on howard street, the new 200 unit building unit on howard that will welcome 200 families next income to affordable housing in san francisco. clearly, i don't need to tell anyone here that getting affordable housing, getting any housing built in san francisco is complicated. it's hard. it takes a lot of grit, and for us, it's full of way too many negotiations with a lot of cattle raising and with spreadsheets, and like on the tac, we spend a lot of time looking at the maps of what it takes to make projects work while trying to balance the critical importance of delivering homes faster. this year starting construction,

not seven years from starting construction, and getting the systems and policies right so we can massively scale the overall delivery of housing in our city to hit that 82,000 necessary homes for future generations and for people who live here now. >> we all keep up this hard work together because we know how important each and incremental win is to building homes on this parking lot and that is for our neighborhoods. serving on the tac with my great partners and working with the incredible city staff that the mayor mentioned, was really an honor and an extension of all this work. it was an incredibly collaborative crew and i did not go inspecting this collaboration and i don't think anybody did because this is san francisco. we just spent our time deep in the weeds and really focusing on

the imperative of kick starting the delivery of more housing as soon as possible with all kinds of head wind line the mayor mentioned and that we have the ability to build the affordable housing that the city desperately needs. thank you for serving on the tac and i'm super excited for this legislation and the affordable bond that supervisor peskin mentioned. mayor london breed: thank you, rebecca, to everyone joining us today. now it is time to sign the legislation to make it official. [ applause ]

>> >> all right. are you ready to sign this legislation? >> yes. [cheers and applause] >> i have not seen you smile in a long time. it is official. [cheers and applause] >> all right. >> we'll take a picture here. >> >> i'm connie chan district one supervisor and welcome to the

richmond. >> i'm an immigrant and came to san francisco china town when i was 13 years old with my mom and brother. my first job is at the community organizer for public safety with san francisco state. and land in the city hall and became a legislative aid to sophie maxwell. went through city departments when kamala harris was our district attorney i'm proud to represent the richmondad district supervisor. [music] we have great

neighborhood commercial corridors that need to be protected. the reason why we launched the neighborhood business for supporting the [inaudible] for 15 years special more. we have the legacy business program the business around for 30 years or more and thought, you know, we gotta make sure the next generation contains for generations to come. am i'm ruth the owner of hamburger haven we came back on july 11. we were opened in 1968 at that time i believe one of the owners of mestart today went through a guy named andy in the early 70s and my father took it mid 70s. >> originally was just a burger joint. open late nights. then it changed over the years

and became the breakfast staple. we specialize in breakfast, brunch come lunch now. i love this neighborhood. i grew up here. and it feels like home. i walk down the block and recognize people of people say hello. you say hello you talk and joke. has that familiar environment that is enjoyable and i have not experienced anywhere else. there are many things i would like to see improve ams the things we might see are making sure that our tenants stay housed our small business in tact and those are the solutions that will contain to push to make sure that you know our communities can take root, stay and thrive. >> i'm proud of you know, welcoming folks to the richmond.

everyone loch its we got farmer's market every sunday there. the you see really business at the noaa. ice cream at toy folks and going to chop for book like green apple. and that's when you like the deal is pizza place haall families love. you will see a lot of great chinese shops that is readily available for everyone. >> and that is just thein are richmond there is more to do in the richmond. what is love is the theatre. >> i mean adam and with my wife jamie, own little company called cinema sf we operate the balboa theatre. the vocabularying theatre on sacramento and soon the 4 star on clement. >> balboa theatre opened in 1926 and servicing this outer

richmond neighborhood since then. and close on the heels the 4 star opens since 1913. >> when you come in to a movie theatre, the rest of the world has to be left behind. but you get e mersed in the world that is film makers made for you. that is a special experience to very much we can all think of the movies that we saw in the big screen of with everybody screaming or laughing or crying. it is a shared human experience that you get when you go in to places that are gatherings and artist presented to you. >> a shared experience is the most precious. and the popcorn. [laughter]. at the balboa especially, we stroif to have movies for people of every generation from the pop corn palace movies on the weekend mornings, for families

and kids. this is for everybody of all ages. >> what is great about the richmond is it is a neighborhood of the immigrants. belongs to immigrants not ap i immigrants you will see that there are also a huge population of rush wrans and ukrainian immigrants they stay united you am see that the support they lend to each other as a community. and cinderella bakery is another legacy business. if you go on the website it is known as a russian bakery. the first thing you see their pledge to support the ukrainian community. you will see the unity in the richmond i'm so proud of our immigrant community in the rich monthed. >> my dad immigrate friday iran the reason he stayed was because

of the restaurant. has more centamential value it is the reasonable we are in this country. when he had an opportunity to take over the instruct he stayed that is why we are here part of our legacy and san francisco history and like to keep it going for years to come. >> another moment i'm proud to be supporting the richmond and the only asian american woman elect in the office and as an immigrant that is not happen nothing 3 decades. you see it is my ability to represent especially the asian-american community. in my case the chinese speaking elders in our community that really can allow me to communicate with them directly. i'm program director of adult day centers. i have been here for 7 years i

love to help the communities and help and the people with disability. i foal a connection with them. i am anim grant i love helping our community and new immigrants and improvements. >> if you want nature, richmond is the neighborhood to go we are between ocean beach heights and golden gate park. >> i love the outer richmond. for me this is the single best neighborhood in san francisco. everybody knows each other. people have been living here forever. it is young and old. the ocean is really near by. and so there is that out doors ocean vibe to it. there are places to seat golden gate bridge it is amazing.

businesses are all small mom and pop businesses. houses get passed down generation to generation. it has a small town feel but you know you are in a big city at the same time. it's got a unique flavor i don't see in other neighborhoods j. it is about being inclusive we are inclusive and welcome the communities, anybody should feel welcome and belong here and shop local, eat local. we believe that with that support and that network it come in full circle. it is passing on kinds knows. that's when richmond is about that we are together at once. welcome to the richmond. [music]

>> good afternoon an announcement for asl viewers due to the importance of showing videos we ask our asl viewers use the link in the description of the live stream. for viewers withhold like to town hall meeting translated click on the web x link in the live stream and click the icon in the bottom left corner select your language. >> good upon afternoon. we are here for a virtual town ll