street a project within the scope of the mission bay final subsequent environmental impact report, f.s.e.i. rismt, program e.i.r. and adequately described in the f.s.e.i.r. for the purposes of the california environmental quality act, mission bay south redevelopment project area, discussion and action, resolution number 47-2017. madam director. >> thank you. this is a great milestone in this project. since 2015, the commission has taken various actions including authorizing o.c.i.i. to kind of select the developer and co-developer. i see we have representatives from the co-developer chinatown community development center. i see reverend fong in the audience with swords to plowshares as well as the architect. this is also one of the projects where we got some philanthropic dollars for the veterans for low -- homeless families, for 100% affordable housing project. and this allows us to take the next step in securing a loan, entering into a loan agreement with the developer to initiate construction. so with that, i will turn it over to kim to present on this item. >> great. thank you very much. good