my name is peter cohen. and i was actually able to work on the formula retail controls ten years ago, 2004, and i think ~ ~ demonstrate there is a local need. to go through and be scrutinized around some of those comparisons with small businesses and come out the backside with something that really has a starting point of being wanted by the local community. if you look at where formula retail wants to go, it does not go into a lot of the communities which is the greatest need for jobs or services or retail diversity. they tend to go to places where there's already lots of money and where they can outcompete other business necessarition he. they are not big risk takers. if you're trying to encourage risk taking that goes to compelling business relationships, not whether they have a sea requirement. it is time to update some of the controls. a couple of quick things. concentration analysis is really helpful. formula retailers often want to congregate locally. it is important to recognize whether that's tippin

peter cohen with the counsel of community housing organizations. we have a 22-member community based operation that provide a range of housing services, affordable housing development, employment services and engage in advocacy around good housing policy in san francisco. you heard earlier from some speakers how important and critical that's been over years of shaping some of the excellent policy we have. we support the legislation and appreciate the amendments supervisor chiu has included to recognize that unique role that the nonprofit community has played in san francisco around advocacy work as well as recognizing affordable housing development in particular, how we actually do those projects. most of that being kind of in-house staffing program, sometimes using folks who are working with staff and also recognizing that we now have a priority formally in san francisco coming from the mayor's office and our planning department to see affordable housing moves as quickly through that pipeline. so, this will really help. again, thank you for the am