and i'm going to call up caroline from meta [applause] >> my name is caroline feng, and i work for the mission nonprofit agency. meta's purchase of 4830 mission street is a big day not only for us, but for the excelsior and the city of san francisco. 4830 mission street marks a huge first for affordable housing. today, we not just preserved affordable housing, we actually created affordable housing. let me explain. meta's purchase of 21 small sites in the last two years was largely rent controlled properties. in contrast. at 4830 mission street, we have a nonrent controlled property that was built after 1979. the realtors blatantly marketed this as a rare opportunity, i quote, a rare opportunity to own a nonrent controlled property. let's take a minute to understand what that means. if a speculator had purchased 4830 mission street, they could have increased the rents by as much as they wanted. in fact, we saw that happen just a year ago when 400 london street, just two blocks away was purchased. when speculators bought that property, they forced small businesses to prematurely sign re