. >> a resolution on a multihou multihouse -- multifamily housing revenue notes, on a 30 unit multifamilyroject. >> joan mcnamara. >> good morning, my name is joan and i'm a senior project manager at the mayor office of housing and community development. i'm here to present on item 2, a bond issuance to fund the acquisition and rehabilitation of abel gonzales, an existing 30 unit affordable housing for seniors located at 1045 capp street in the mission district. transactions fundamentals have not changed since september 2018. it's still a conduit financing with no recourse to the general fund. 29 of the project's units will serve families earning no more than 50% a.m.i. and one unit with a household earning of no more than 80% a.m.i. with income averaging, and this is acceptable. they continue to be in compliance to prevailing wage and l.b.e. requirements. the developer has secured a debt limit allocation amount from sidlac. the financing team has developed the substantially issuance document with the city attorney and outside accounts, and that's what is in your package before you. the f