public speaker: supervisors, ken buckley in san francisco. i will keep it short. i think i like what cohen said. i will leave it at that. thank you. public speaker: supervisors , i'm from san francisco. i want to give an example of my own personal experience. i have a project i'm working on now. the project is a 15-unit project that we've had since 2010. after 2012 we were working on a financial project. prop c passed in 2012 and it was cut 12% and low and behold we got financing. i know it's worth only -- this goes back, right? i have another project in the pipeline okay that's coming up around 20 units. i don't know where we are going to get financing. that's all i'm saying. thank you for your time. bye. public speaker: supervisors, good afternoon, john with the residential builders. i appreciate the experience of initiative to work with the legislative branch to figure this out. i thank everybody for coming together here to get this right. we have made several attempts to the 2002 to 2006, through 2012. if you look back at prop c, it was bad. if you look back a

public speaker: supervisors, ken buckley in san francisco. i will keep it short. i think i like what cohen said. i will leave it at that. thank you. public speaker: supervisors , i'm from san francisco. i want to give an example of my own personal experience. i have a project i'm working on now. the project is a 15-unit project that we've had since 2010. after 2012 we were working on a financial project. prop c passed in 2012 and it was cut 12% and low and behold we got financing. i know it's worth only -- this goes back, right? i have another project in the pipeline okay that's coming up around 20 units. i don't know where we are going to get financing. that's all i'm saying. thank you for your time. bye. public speaker: supervisors, good afternoon, john with the residential builders. i appreciate the experience of initiative to work with the legislative branch to figure this out. i thank everybody for coming together here to get this right. we have made several attempts to the 2002 to 2006, through 2012. if you look back at prop c, it was bad. if you look back a

public speaker: supervisors, ken buckley in san francisco. i will keep it short. i think i like what cohen said. i will leave it at that. thank you. public speaker: supervisors , i'm from san francisco. i want to give an example of my own personal experience. i have a project i'm working on now. the project is a 15-unit project that we've had since 2010. after 2012 we were working on a financial project. prop c passed in 2012 and it was cut 12% and low and behold we got financing. i know it's worth only -- this goes back, right? i have another project in the pipeline okay that's coming up around 20 units. i don't know where we are going to get financing. that's all i'm saying. thank you for your time. bye. public speaker: supervisors, good afternoon, john with the residential builders. i appreciate the experience of initiative to work with the legislative branch to figure this out. i thank everybody for coming together here to get this right. we have made several attempts to the 2002 to 2006, through 2012. if you look back at prop c, it was bad. if you look back a

public speaker: supervisors, ken buckley in san francisco. i will keep it short. i think i like what cohen said. i will leave it at that. thank you. public speaker: supervisors , i'm from san francisco. i want to give an example of my own personal experience. i have a project i'm working on now. the project is a 15-unit project that we've had since 2010. after 2012 we were working on a financial project. prop c passed in 2012 and it was cut 12% and low and behold we got financing. i know it's worth only -- this goes back, right? i have another project in the pipeline okay that's coming up around 20 units. i don't know where we are going to get financing. that's all i'm saying. thank you for your time. bye. public speaker: supervisors, good afternoon, john with the residential builders. i appreciate the experience of initiative to work with the legislative branch to figure this out. i thank everybody for coming together here to get this right. we have made several attempts to the 2002 to 2006, through 2012. if you look back at prop c, it was bad. if you look back a

public speaker: supervisors, ken buckley in san francisco. i will keep it short. i think i like what cohen said. i will leave it at that. thank you. public speaker: supervisors , i'm from san francisco. i want to give an example of my own personal experience. i have a project i'm working on now. the project is a 15-unit project that we've had since 2010. after 2012 we were working on a financial project. prop c passed in 2012 and it was cut 12% and low and behold we got financing. i know it's worth only -- this goes back, right? i have another project in the pipeline okay that's coming up around 20 units. i don't know where we are going to get financing. that's all i'm saying. thank you for your time. bye. public speaker: supervisors, good afternoon, john with the residential builders. i appreciate the experience of initiative to work with the legislative branch to figure this out. i thank everybody for coming together here to get this right. we have made several attempts to the 2002 to 2006, through 2012. if you look back at prop c, it was bad. if you look back a