amy chan from the mayor's office of housing and community development. item one is a bond issuance resolution to fund the development of 1500 mission street apartments. as the clerk has mentioned, it is a 550-unit mixed income project at the corner of mission street and bendas avenue. the resolution is only related to the residential tower and not to the office building that is also planned for this site. our office presented the project's resolution to you earlier in july of this year. the issuance is still conduit financing that will not impact the city's general fund. 20% of the project's unit wills serve families earning no more than 50% of the area and median income. the project continues to be in compliance with all of the city's requirements for contracting, including prevailing wage and lde requirements. we are now back at the board and to this committee now that the developer has secured a debt limit allocation for the project. and has identified a financing team and developed the substantially final bond documents that are before you in the pac

amy chan, who's also representing the mayor's office of housing and rob college, director of the rent board. what is the housing balance report? in april of 2015, the board of supervisors approved ordinance 5315 to add section 103 to the planning code. this new section directs the planning department to monitor and report on the balance between new market rate housing and new affordable housing reduction. the housing balance is the proportion of all affordable housing units to the total number of net new housing units. over a 10-year housing balance reporting, i will be reporting on the third report which was submitted to you in late may and covers the period from the first quarter of 2007. to quarter 4 2016. this will be the third presentation under housing balance before the board of supervisors mandated. so why a housing balance? one stated goal of the ordinance is to ensure the data is meeting affordable housing targets city-wide and within neighborhoods informs the approval process for new housing development. just to remind the commissioners, here separate housing affordable pro

amy holmes here. i do? how many people will see their paycheck to paycheck have a lighter tax burden. a lot of debate over this. i spoke with anthony chanproposal is great for cutting corporate taxes, but if the average person going to see a big difference under this republican proposal? >> the answer to that is no. you start to look at this regular everyday hard-working americans starting to talk about things that will affect a certain percentage of people. the everyday people know. a lot of smoke and a lot of talk and discussion, but when he talks about the lifestyle and quality of life of each everyday hard-working american, not so much. >> today recognize an event class chickening over $180 million online for a range of charitable causes. what move should people make do for the end of the year when it comes to charity? >> given is one of the best things you can do with money. when you start to wrap up the end of the year come and make a few steps. the future giving. have you done the things you want to do for the charity you truly believe in? if not you have an opportunity to donate items or write a check. but also take a step back