since 1992, we've served 4 rkeds 500 clients to help create 560 jobs and secured over $20 million until loans for small businesses. 2% of our clients are from low to moderate snk households and neighborhoods and we're best known for the neighborhood revitalization work we've done on 6th street and on the western edition. on 6th street we have seen additional progress. we have a broker's license. we've been able to reduce the retail vacancy rate down from 43% all the way down to 9%. this summer we'll invite you to the grand opening of pearl's deluxe burgers who which will be opening up at 6th and market. we've worked on the lease negotiation, on securing loans from two different city agencies. we have a green business program. so we helped them select energy efficient equipment. and we're working on a daily basis to get that store. they've already started training them. these are good jobs. they pay health insurance. they pay above minimum wage. so sometimes, right now san francisco is -- is being very, very heavily hit by cuts to the nonprofit sector. state cuts, federal cuts, general f

in fact, ranking member shelby rked worked closely with the andh chairman dodd to request an amendment that became the final text of this provision, and that fact, and i want to thank ranking member shelby for his work. while we will never be able tote anticipate every possible cause of a future crisis, we are much better equipped to deal with the next crisis if and when it occurs. we should never forget the fr magnitude of the costs of the financial crisis, especially the destruction of millions of jobsf and trillions of dollars of household wealth.wealth. up upon this finance reform, we mar want to use revisionist history, but americans have not forgotten that the recession was caused in part by excessive risk among esme of the largest initialsomeg firms. with thef dodd-frank, we have created a new sound economic foundation that will protect against the entire economy and exclude the next financial firm, and on that it cannot back out. the effective title and well courtney implementation of these reforms is critical to our economic security. i want to remind my colleagues and the wit