i'll turn it over to my colleague, jonah lee. >> thank you, amy. the seismic safety retro fit pro voids low cost and long-term mortgage loan financing on a first-lean basis. the program has the flexibility to finance acquisition and rehabilitation projects or to be a source of take-out financing in conjunction with another construction lender. we expect most of the loans, financed under the program, will be structured as permanent take outs. interest rates will be set based on the city's cost of capital. one-third of the cost for affordable projects and 100 basis points over the cost for market rate projects. to maximize the funding available for our affordable housing projects we expect to blend the program funding while still achieving a below market rate interest rate including small and large residential sites as well as s.r.o.s, mixed-use buildings will be eligible to receive loans provided that the majority of the improvements to those projects are attributable. speckle edge able uses acquisition and holding cost, take out, rehabilitation cos