thank you eric shaw. [applause] society building we have today and start is named after former supervisor maxwell. she started her career as a union electtrician i can't think of a better way to honor the site. raise our hands to supervisor maxwell! [applause] >> i want to thank our other supervisor. walton. he is a constant communicator for his community and we are grateful for his leadership, advice and nudge to make us do better. and i will tell you he taught us one important thing. progress is in the measured by how tall our buildings are butt depth of our commitment to the community. thank you, supervisor. appreciate your support. and to our mayor. she has been an advocate. if she would not have pushed in ways like today that no one's done we would not be here and a generation of inference france fremantles would not have homes thank you to the mayor and the city staff to keep the project moving we would not be here without and you madam mayor this , housing you are helping help is a commitment to ma

my name is eric shaw, director of san francisco mayor office for housing and community development. i want to thank my team, sheila on government affairs, brian strong from capital planning committee and a lot of our staff [indiscernible] and their hard work providing the analysis to get us to this crucial point. my presentation today is actually mirroring what was shared with the capital planning committee in august and previously in september i mean in july. would love to make sure we have the appropriate context here and thank you for your support and continuing to make the investment in affordable housing. since 2015, san franciscans supported more then $1.2 billion in bonds investment for affordable housing. this is produced and protected more then 4 thousand units of affordable housing rchlt $300 million bond proposal produce more then 1500 units of new affordable housing. preserve 60 and provide 120beds for survivors domestic and street violence and human trafficking proposed by president peskin. few projects will utilize multiple bonds sources. this project utilizing both 20

and eric shaw is here today and trying to deal with the work necessary to apply for the state fundingal with the tax credits, to provide the long term subsidy that the city has to give to help make sure that we have staff in these particular facilities. all of that work in addition to the vouchers that we've received, as i mentioned from the hud, from the housing and urban development, from the feds like all of the things that we're putting together here will lead to a better for san francisco and better access to affordable housing so that we can continue to move in the direction that we have in san francisco. so we were one of the only counties in the bay area to see an overall reduction in homelessness by 3.5. and a reduction in unsheltered homelessness by 15. in our last point in time count. so despite what the narrative is, san franciscans are working really hard because of organizations like episcopal family community services as well as the housing accelerator fund. i know rebecca's going to say a few things in a moment, but we are always excited when we're able to come togethe