renne casanave apartments, for 75 years, to develop housing for low-income formerly homeless residents. >> this is the ground lease for 25 essex street. and there is a non-substantive agreement. >> i am the acting director at the developing agency, and we have the ground lease for 25 essex street. this is the first project in the redevelopment to move forward. this is on the corner of fulsome and essex street, with 120 units of supported housing, with the department of public health and the housing program. and the ground-floor retail around fulsom. they were jointly selected by the department of public health. city-wide case management. they have worked hard to bring this to this point, to start construction, with the multi- family housing. the equity in the redevelopment funds, and we have reached this exciting place of approving the ground lease. the ground lease will continue in november. the board is required to consider the approval of the ground lease with the standard terms of the deal of the structure. this is 100% supportive housing, with the funds for these extremely low inc