now i have the pleasure of introducing mr. percy who has three decades of experience in multifamily units and construction. he's transformed am cal into one of industry's leading developers, but developing 800 million residential and mixed use productions for california. he's part of an organization dedicated to advancing affording housing. >> we've been doing affordable housing since 1995 and been developing real estate in california since 1988. we've developed in 38 cities, but what makes this really special is this is our first project in san francisco. my heart's always been here, but there's never had the opportunity to do it and so for that i want to thank craig adelman who helped us acquire the site. [applause] and i want to thank obviously mayor lee and the city of san francisco and ocii, other community developers, bank of america whom we are partnered with on multiple transactions throughout the state and of course leonard bourbon who without we would not be here. we are looking forward to hopefully doing more of this. as