columbus avenue and north beach chinatown into a permanently affordable equity cooperative. the community trust purchased the land with the assistance of our city and converted the land into affordable cooperative units for the tenants. now called the columbus united cooperative, it will remain affordable in perpetuity where shares of the building cannot be resold at higher market values and as a model of what we can do in this area. i want to thank the council of community housing organizations whose 2014 housing agenda included a right of first refusal proposal. the chinatown community development center and the san francisco community land trust for working with my office on this. in the coming weeks i plan to work with the broader housing community to develop parameters of our legislation including identifying buildings in neighborhoods where this program would generate the highest impact and success. san francisco must further create affordable housing models to protect our tenants from displacement and preserve our existing housing stock. we need to do more to put housing in the hands of san francisco tenants who are in danger of being evicted by speculative investors. the rest of my items i wi