lastly we were able to bring in a partner called north cal fdc which is a financial development corporation to help us assist the contractors in access to capital which is very critical. there is a number of stages that are very challenging in developing a program like this to make sure that not only folks get an opportunity to payton a project, but more importantly succeed which is what this is really all about. so we've developed a comprehensive team and started rolling it out in august, the project already started but our team rolled up their sleeves and really engaged not only the community, not only lan ar or the general contractor but the cac and everybody involved to get an understanding of what the challenges were and the expectations of the community and getting everybody moving to make sure there was participation on the project. i would like to add on the outreach, we do outreach for any prebids going out, we set up a system to an e-mail blast and we don't just stop there because some contractors are not that the technology sophisticated. so we make sure we educate them on what i

until today for the number of units to be replaced. 7,000 units had been destroyed and not replaced and fdc certified 6800. it hasn't resulted in major changes in the number of units. >> sorry. so just to interrupt you. someone is asking about the number -- i wasn't asking about the number of replacement. you have it built as we had projects going on in the various project areas and there's a chart that i've seen before and it's here that said 30 units that were built in this building, 20 of them were s p2113 and i was wondering why it's not 30. why is it every affordable unit or affordable unit. >> i think that's separate from other housing obligations. at least that's how we have viewed it in the past. for example mission bay has a production goal for affordable housing. that production goal would be separate from any units that are funded by replacement housing funds. >> i see. >> you could have -- and perhaps the projects are a better example of that. you could have housing that part could go toward the housing production that are in the contract and the rest of the units would be repla

department of housing and urban development hud to make an alone with fdc, and the city has an alone -- loan. with hud. the city uses that money to pay hud and that hasn't been happening and the city is owed about $1.4 million. in addition we all know that the main tenant, yoesh san francisco is in an agreement proceeding. i know a memo was provided to the commission that gave a lot more information about this. so given all of that, it's likely it's very likely that the city is going to foreclose on its city interest. from that scenario, the disposition plan would be for either the success or agency to work with the city but the success or agency to work together or transfer it's interest to the city and have the city sell them so it can reconfer -- recover as much as possible the $5.5 million construction loan. anything other would be considered program plan because it was purchased with the program renewal funds. if nothing happens and the ground lease reman's in place, they have rights for the ground lease inform that case we are proposing that we still transfer the property to th

department of housing and urban development hud to make an alone with fdc, and the city has an alone -- loan. with hud. the city uses that money to pay hud and that hasn't been happening and the city is owed about $1.4 million. in addition we all know that the main tenant, yoesh san francisco is in an agreement proceeding. i know a memo was provided to the commission that gave a lot more information about this. so given all of that, it's likely it's very likely that the city is going to foreclose on its city interest. from that scenario, the disposition plan would be for either the success or agency to work with the city but the success or agency

i am going to an fdc hearing in a couple of weeks to talk about clear labeling around native, content-driven have to go back to '08 for some of these levels. the critics continue to say it is all based on ali babba. >> it is an inordinate amount of the stock's value. whether it is opens at 100, 150, or 200 massively moves the stock. yahoo! does start to become expensive. >> jon, good to see you. have fun at your ftc meeting. jon steinberg. >>> we should let you know that cnbc and yahoo! have a business line and co-produce content. >>> money is flowing out of china in the hundreds of billions. find out who is benefiting from this wash of cash when we come back? watch "squawk on the street" monday morning on cnbc. just by talking to a helmet. it grabbed the patient's record before we even picked him up. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights. my ambulance talks with smoke alarms and pilots and stadiums. but, of course, it's a good listener too. [ female announ