corgus. any members of the public wishing to speak on this item? seeing none, public comment is closed. can we send this item to the full board with positive recommendation without objection? thank you. mr. clerk, please call item number two. >> agenda item number two is a resolution opposing california state senate bill 50 to authorize scott weiner in planning for the public good to capturing an equitable portion of the benefits, to private interests and restrict san francisco's ability to protect vulnerable abilities from genderfication unless further amended. >> thank you. i would like to open this hearing which is presenting an overview of my remarks. i'm grateful for the opportunity to continue this important discussion on senate bill 50 and its implications for our affordability crisis and our approach to addressing it. this conversation strikes at the core -- at the biggest challenge facing our cities. it's a city that has more jobs and homes, that has more vacant homes than homeless people and the highest number of billionaires per capita a

corgus. >> anany members of the public that would like to speak on this?seeing none, public comment is now closed. and can we move this forward to the full board with positive recommendation without objection? great. thank you. and mr. clerk, please call items 8 and 9 together. >> agenda item 8 is a resolution approving a memorandum of understanding between the city and county of san francisco housing authority regarding the reorganization of the housing authority, ratifying and approving a loan, not to exceed $20 million to the san francisco housing authority and any action taken in connection with such loan, granting general authority to the mayor and the mayor's office of housing and community development, to take actions necessary to implement the resolution as defined within it. agenda item number 9 is a hearing to review the performance audit of the city's assumption of the housing authorities essential function, prepared for the board of supervisors by the budget and legislative analyst. >> first up, i would like to welcome mr. campbell from the leg