as a local finance agency, we typically provide feasibility work and make-up financing requests, the bulk of the local contribution. already providing the initial predestined element loan the estimate is that it will be approximately $7 million for housing. is believed that echolocation with it the community center will be a huge asset. our office was in discussions for a 49 union. looking at the feasibility, primarily because of the operations and the cash flow would go back to your one. however, with capitalized operating reserve, that project could be feasible. making that proposal, we realize we could potentially provide an additional financing. however, more units of affordable housing and i am happy to answer any questions. an analysis of smaller projects would require the city do put in what? another $1 million? >> these numbers are preliminary. but we estimate, based on current budget, $500,000 and more. supervisor mirkarimi: if additional funds are needed to fund a reduced development because the reduction in during this development to save we have provided capitalize reserve

as a local finance agency, we typically provide feasibility work and make-up financing requests, the bulk of the local contribution. already providing the initial predestined element loan the estimate is that it will be approximately $7 million for housing. is believed that echolocation with it the community center will be a huge asset. our office was in discussions for a 49 union. looking at the feasibility, primarily because of the operations and the cash flow would go back to your one. however, with capitalized operating reserve, that project could be feasible. making that proposal, we realize we could potentially provide an additional financing. however, more units of

realtors partnered with the wisconsin housing finance agency and they created a web site called wisconsin housing work. and it served as a resource for local government, for lenders, and from the employers and counseling agencies in the area on how to create employer-assisted housing program. we heard a lot about secretary donovan and the importance on how that works and education in the home buying process and the different partnerships that can work as well. it's a resource that you can use and copy in different cities and states. and the national association of realtors wants to be part of that instead of the realtors in that area. there's realtors in the house date who have been incredible work force housing champions. they took the initiative and invited a representative from the state to talk to the realtors in their area about an employer-assisted housing program. and there's a program in the baltimore area, live near your work. secretary donovan talked about the importance of the blight. we fill some of the vacant commercial, we need to do the same for the residential in the area so that people can live where they work, cut down on

association of realtors partner with the wisconsin housing finance agency in creating a website called wisconsin housing works. it served as a resource for localthe employers and counseling agencies in the agency on how to create employer assisted programs for it i point this out because we heard a lot of information from secretary donovan about counseling and the importance of how that works and also education of the general home buying process and partners since that can work because it is a resource you can use and have them in different cities and states. there is real terms in the home state of maryland who have ban incredible work force housing champions. the top to realtors about employer assisted housing programs and there's a program in baltimore called live there your work program, and dominant talked about the plight in our areas and as we bring in employers to bring in a vacant commercial venues, we need to do this in florida residential properties in the area where people can live where they board and they can be in communities where they work to help revitalize those areas and integrate that with our own dollars. the maryland ass