projects are huk huge humane partners from the mayor's office of housing i've got a long list ann and olsen leend georgia martin and others from the urban housing and i'm sure there are many others thank you for everything you did to make that possible (clapping) so we're officially 10 percent through the program in case you keep a chart at home the 09 great partner for us is the hud as long as hud for many, many years they've been the key partner for producing housing particularly for seniors in some ways a sad waterfront momentum this is the last hud 202 projects in california for whatever reason they've chopped did funding that provided the subsidies for this beautiful spot so hopefully that will change some day in not we're here to celebrate and we couldn't have done it without you from the team from hud to say more is larry ferguson the production chief our kids go to state and federal school together and a champion of housing. >> (clapping.) thank you doug before i get going i want to say on a perm note i'm very honored and humbled thanks again doug. >> home is where the heart is home is

this city does business were our resident and no longer being operating in isolation thank you to olsen lee and highs team and hud and mayor's office of housing and allowing the red tape and the bureaucracy not to get in the way of progress and thank you to barbara smith if he housing authority to do the best they can with the limited resources this is a great day i'm looking forward to the changes to competency (clapping). >> so excuse me. supervisor breed president breed struck a question why are we doing this we're doing this for the residents we want the residents to have a better life with the improvements only the physical side and on the social service side but we're sort of johnny come lately the housing authority was isolated for a long time two organizations that have stood instead of in the water department's wants and this needs of the resident for many in reinforces i'm hoping we're actually dlifrp i delivering on some of them as this demonstrates so and so two organizations at citywide council of senior disabled residents and the housing tenants association behind me is beverl

director of community development i'm here with the program manager director of our departmental olsen leehat we have a power point presentation i will try and move through quickly so we thought we'd spend time give a brief background on the structure of the fund it is somewhat confusing structure we'll talk about the strategy plan guiding those fund and more speveng the difference between the fund for the infrastructure conducting those held by the a bag financing authority and the stabilization fund and close for the priorities of the fund and the properties to be used to distribute those fund in the future i'm sure you're aware of in august of 2005 the rincon hill area plan was to transform the mixed use neighborhood with this development will be impact fees associated where the impact fees can be used for infrastructure improvement of the impact fees are traditionally held by the planning department to offset the impacts on affordable housing community or generally the board established a separate selma fund with an additional fee on the rincon hill development so we have to depth fund

city that needs the housing let me introduce to you a very special mayor mayor edwin lee (clapping.) thank you olsen for the introduction a hearty chinese new year the first day of chinese new year we have a lot to celebrate we have malia cohen in the crowd thank you four district 10 and london breed who's story continues to be so inspiring everyday she's not in my area but in my ear and reremind each other of the sprernz to making promises to helping others get out of poverty not just in public utilities but housing i know the secretary is going to say some things i'll truly inspired by the support as determined as o citizen says i'm about this topic i'm lucky to have people surrounding me with the same interests and passion to help people get out the poverty part of that it is to have an answer is people call the deplanning housing someone's fault i told you we've isolated the residents not to be the residents but never again that reference is going to happy that we are providing proud to see the residents of our public utilities are resident of san francisco what do you mean that means (clapping.