that i'd like to ask anabelle anabelle the assistant project manager and she will be joined by elizabeth colemelond jeff white our oci housing program manager. >> thank you bohee good afternoon. >> today we're presenting 3 items for your consideration. loan agreements for alice griffith phase one and and two and the third item before you today block one schematic design phase 3 of the alice griffith development. >> behind me in the first row the development and architecture team i want to acknowledge. they will be introduced in more detail by our development partners. i also want to point out that the model that you see to my right doesn't have to do with this current presentation it's here for for a later item so please disregard the model. the existing alice griffith development located within the candlestick portion of the candlestick point areas and it's an important community development of the redevelopment project and captured on the phase 2 development below market rate housing plan the over all plan for rebuilding the project is to provide 504 units replacement of all existing public hou