financing than the state loan program. that $2.9 million that unused. the legislature got that changed from a loan program to a grant program so we added that to the $3.5 million. that gave us about $6.5 million worth of buying power. we leveraged that further. we went to the counties and said if you want to match 50/50 on buying new equipment or any cyber security we would offer 80% in the county had to come up with 15%. you gave us about $12 million worth of buying power in the state of west virginia. we pushed that out to the counties. instead of a centralized program, we pushed it out to the counties. we model that after the federal government. we appreciate the federal government not putting strings on the $3.5 million. they left it up to us as secretaries to determine how that would be used. we used the same principle with the county clerks. they are where the rubber meets the road in all the elections. we let the county clerks determine how best to use that money. about 27 clerks who went for the voting equipment. we

our legislature at the time set that up as a loan program. over the years, the loan program switched to the point where athn program to a grant program, so we added that to the three half-million dollars, to give us about $6.5 million worth of buying power. we leverage that even further. 50-50 with to match us, that sort of thing, or in the cyber security arena, we would offer an 85% grant if the county comes up at 15%. 10.5 million dollars worth of buying power. west virginia. centralized program, -- what we did is we modeled after the federal government. we appreciated the federal government not putting strings on the $3.5 million that they give to us. they didn't tell us how to use it. we used the same principle with county clerks. that is when the rubber meets the road in the elections for it the county clerk clerks determined how to best use the money. -- we had about -- figured irks had to use the voting agreement. it would tour the cyber security. we had 17 or 18 that went toward fiscal security. each county had their own situation they

loan for first-generation students and have voted on legislation for daca students also. moderator: thank you. the federal perkins loan extension bill that you cosponsored in 2017 seeks to temporarily extend the federal student loan program. the bill faces an uncertain future and the program will expire next year unless it passes. if it fails, what will happen? what specific steps will you take to protect students with existing loans and to create opportunities for needy students to receive federal financial aid? rep. mcmorris-rodgers: as someone that is the first in my family to graduate from college, as someone who just last year finished paying off my student loans after i went back to school to get my executive mba through the university of washington, i understand firsthand the challenges and importance of education. i believe education is the best investment you can make in yourself. for first-generation students, that the to continue to be our priority. the large majority of jobs in the future will require some sort post secondary training, education, or workforce program and they need to be affordable. i have prioritized the perkins loan. this is a program that's for for first-generation students, low-income stud

capitalism i think largely because of the great government effort to guarantee the future through the student loan programone.$5 trillion guaranteed money for students those are not really loans. loans require a bank to scrutinize with the intelligent learning process this is guaranteed money for the university system that took the money and ran students ended up paying just as much as before but all of the prices went up faster than any other product it is one of the great scandals 's of recent decades the it shows the effects of government attempt to guarantee stuff. if you guarantee stuff you stifle learning and produce failure. mark: take an example climate change. is this why you never have an honest debate because now you are a denier? you can discuss science shuts down knowledgend and debate. >> and their other examples you are not allowed to debate. climate change is a relative phenomenon. climate is constantly changing however the roman. the medieval climate option by most evidences substantially hotter than it is today so to say climate change is a big threat today when previous episodes of glob

i think largely because of a great government effort to guarantee futures through the student loan programtrillion of guaranteed money for students. those aren't really loans. loans require a bank to scrutinize the borrower and it's an intelligent learning process in capitalism. this is guaranteed money for the university system, and the university system took the money and ran. students ended up paying just as much as before, but all the prices went up faster than in any other product in the whole economy. it's one of the great scandals of recent decades, but it shows the effects of government attempts to guarantee stuff. you guarantee stuff, you stifle learning and you produce failure. mark: is this why -- let's take an example, a prominent example. climate change, so-called. is this why we can never have an honest debate about it. suddenly you are a denier. you can't discuss the so-called science, shuts down knowledge, shuts down debate, shuts down the human mind and we just all line up. >> absolutely. mark: another examples of that too, right? >> that's as good as example as there is.

i would love the site or at the time said it was a loan program over the years. they go to the point while they were violating their state loan program. give us about six and a half million dollars and buying power. we went to counties and said if you want to match 5050 with us would offer 85% in the county only had to come up with 50%. instead of the state run program we model that after the federal government. they do not put strains on that three and half million dollars they gave to us. we lived uses same principle with the county clerk. we let them determine how to best use their money. wait about 27 of the clerks that went forward to the equipment. with an equal number that went forward to the cyber security. leach county has her own situations they want to deal with. one of our larger counties design a brand-new breast voting system. they will try that in the general election. the most modern equipment. only about 15% of the state was using this. and then by 202065 percent. we are making progress. we can still use someone from the federal government but we

the down payment low-income program. so middle-income dalp and tlp are loans to first-time home buyers in san francisco. so the programs offer up to $375,000 in down payment assistance, and that's allocated through a lottery process that we've been holding once a year. so the values -- that's why what's before you in what we provided had n/a because there's not really a predevelopment process for those units, but what we've realized in the slide show that we showed today, we allocated -- put them in the predevelopment category, even though they're not really the same kind of predevelopment as the others. >> i understand. and they're market rate? >> yes. those are market rate condos or single-family homes. >> yes. consistent with the language of the bond that was in there. >> yes. >> and my last question, middle-income teacher housing -- >> so middle-income teacher housing is a site that we've identified at 43rd and irving streets. we are partners with the school district, san francisco unified school district, and we're in partnership with the school district. we're going to be building a new building fo

. >> we went through meta first and meta helped us to apply and be ready to get the down payment assistant loan program. that's the program that we used to secure the purchase of our home. it took us a year to get our credit ready to get ready to apply for the loan. >> the whole year we had to wait and wait through the process and then when we got the notice, it's like, we were like thinking that. >> when we found out that we were settling down and we were going to get approved and we were going to go forward, it was just a really -- we felt like we could breathe. we have four kids and so to find a place even just to rent for a family of six. and two dogs. >> we were going to actually pay more for rent and to own a house. >> it feels good now to have to move. it feels for our children to stay in the neighborhood that they have grown in. they grew up here and they were born here. they know this neighborhood. they don't know anything outside san francisco. >> we really have it. >> we'd love to say thank you to the mayor's office. they opened a door that we thought was not possible to be opened for us. th

loans for businesses from 10000-250,000. both for startups as well as existing businesses. we also managed the city's revolving loan fund in the emerging business loan fund. we have specialized programs for the investing neighborhoods. i think that we really are serving small local businesses and our key industries that we serve are the food and beverage industries, as well as professional services. >> i'm with i.c.a. we are located in oakland but we work with companies across the bay area. today we have worked with 700 entrepreneurs, supporting them to scale their operations and create good jobs and increase quality of jobs while at the same time thinking of ways they can help employees build wealth, especially in communities that lack wealth. we do that through our workshops i'm getting ready to get people ready to raise capital. it is one on one advising. we are also a community development institution. we focus on community stakeholders and women entrepreneurs. and focusing on investment in companies and working with companies around $250,000 of annual revenue and above, and we invest in the range of 300,000 to about $800,000 through convertible units. happy to answer any questio

they will not be asking the imf for funding next year when the $12 billion loan program expires. nance minister said the economy is now better and he is working to reduce the debt level to regain -- bolster investor confidence. >> let me say that we were happy with the imf. egypt is one of the few countries who completed such a program successfully. us.thing very good for this program was very strict. it was very harsh. it took the egyptian economy to a good form. a good position. we got from the , wet of asking for funding are now in a position that we do not think we will need funding from the imf. tober two, where committed reforming our economy and making our economic form a good example for other countries. with the imf of course, we will of the imf.orm this will get some sort of comfort to international investors. let me say again, this does not financing. we can be in some sort of operation. --have already asked the imf >> at what point does the high cost of treasury bills keep you up at night? --let me say we are very with the international community . the level of debt, w

the united arab emirates of spying. british museum has agreed to give a collection. but only on loan on the program we look at how museums are threat of losing elections as the number. just in time for the program here on our international. friday stories welcome to the. donald trump suggested that the world should perhaps be held accountable for the motor of journalist jamal has shown you also insisted that despite media reports to the contrary a u.s. intelligence had not officially concluded the saudi crown prince had ordered the killing the us president was asked by reporters on thursday who should be held to account. held accountable. or maybe the world should be only on it will cause the world is a vicious bush world is a very very vicious place the statement indicates a change in trumps rhetoric regarding the case when the news about the missing journalist first broke trump vowed a harsh response and even threatened to sanction saudi arabia and while the u.s. did sanction several saudi nationals so far that's been washington's only punitive measure the trunk claims he does not want to risk th

program. and need to complete the mayor's office home buying program. so the classes and participation and credit counseling and securing loans. to explain that further about the path for the mayor's office of housing home ownership programs, households will need to attend and complete home ownership classes. they will need to attend and complete credit counseling sessions and mohcd certificate, prequalify for a home loan and enter the lottery for b.m.r. condominiums and treasure island preference. i know it's a lot of information, so we hope to walk people through this in the coming months. there is a series of certificates that people will need to understand. step one, enroll in the b.m.r. homebuyer program. when they complete that, they will get homebuyer education completion. and ultimately, a certificate of completion and that will be good for one year. so if anybody in the community is interested, if they think they might qualify for that, we strongly encourage them to sign up on sfhdc's website for some of the classes. if they have any questions at all, we're eager to walk through that with them. we are the treasure isla

as for health care in the country earlier this year greece completed its bailout program with the last bailout loans be repaid in twenty six day. so more details on any of our stories com is just a click away more playboy news there in thirty minutes time. so what we've got to do is identify the threats that we have it's crazy. let it be an arms race off and spearing dramatic development only personally i'm going to resist i don't see how that strategy will be successful very critical time to sit down and talk. fracking gave americans a lot of new job opportunities i needed to come up here to make some money i could make twenty five thousand dollars as a teacher or i could make fifty thousand dollars a year truck so i chose to drive truck people who rush to a small town in north dakota was among the employment rate of zero percent just like the gold rush is very very similar to a gold rush but this beautiful story ended with pollution and the bus station a lot of people have left here i don't know too many people here and just slow down too much they lost their jobs got laid off the american dream i

aimed at the lack of government support for health care in the country this year greece completed its bailout program with the last bailout loan to be repaid in twenty sixty. leonardo da vinci has been dragged into a row between the french president and it italy's deputy prime minister has been trading insults online now rome is reconsidering loaning the masters priceless works for a major exhibition in paris we need to remove everything the french cannot have it all their murder is a term him here on the guard in france to give the louvre all these paintings would put italy on the margins of a major cultural event paris is renowned for their museum was hoping to borrow some of different she's notable works for a big show in twenty nineteen marking five hundred years since his death rome also stressed that front should then in return learn something equally important like the mona lisa. and to be asked agreement's the louvre is to to loan works by other italian wrestles master raphael for twenty twenty exhibition marking the anniversary of his death although most of his masterpieces are already in italy we talked to people in

. >> proposition 1, that's the housing program and veterans loans bonds is passing. the measure would authorize $4 billion in general bonds for housing programs. if you voted, you may have experienced some extremely long lines at some bay area polling places >> this morning our "today in the bay" team is breaking down the voter turnout for you. >> kris sanchez live at the santa clara county registrar of voters. kris, we know more than 100 million people voted across the country. how are bay area numbers looking? >> reporter: they're looking pretty good. i'll show you what's happening right here at the registrar of voters office. the sorting machines are cranking. the workers have been working through the night, these are mail-in ballots still yet to be counted. as busy as it is right here right now, it was busier out in the lobby last night. this is the line here at the santa clara county registrar's office last night. the line of voters was out the front door, all across the front floor, the first floor. our bay area counties had significantly higher voter registrati

the loan market. jonathan: that is a good point. you know how we end the programu get into the boxes, and we ask you quick questions of the rapidfire round, we are going to do that now. we want to get to the federal reserve. a lot of people wondering where when the fed rates will peak. more than three or less than three? henry, more or less? henry: more. mary: more. alberto: more. jonathan: the 30-year through the week, yields are lower. some people out there might be considering to add duration. is this the time to increase duration, yes or no? henry? henry: no, not in the least bit. mary: no, no yet. alberto: not yet. jonathan: getting a consensus from you guys. final question. have a feel for where this is going as well. will the oil rout catch up with high yields? yes or no? henry: high yield is going to be softer, but not because of oil. mary: agree, yes. jonathan: alberto? alberto: i think high-yield is weaker, but not too weak. jonathan: a clear consensus, guys. i will work better next week. great to catch up with you. henry peabody, mary bowers, and albert

the cfo is a strategic, important position. these are multibillion dollar programs that require intense management in terms of loans. have a critical role going forward with these new programs. guy: considering how boeing is fine as well, play it very much. interesting story about airbus today. up next, we are counting down to the european close. this is bloomberg. ♪ comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexity. to a zero-touch, one-box world. optimizing performance and budget. beyond having questions. to getting answers. "activecore, how's my network?" "all sites are green." all of which helps you do more than your customers thought possible. comcast business. beyond fast. ♪ tina: 30 minutes into the european trading day. i'm guy johnson. >> and i'm taylor riggs. this is "the european close" on "bloomberg markets." ♪ guy: here are the top stories. stocks stabilizing and the dollar goes forward on the force of the fed. brussels tells italy it may break some e.u. spending rule

maintaining the circulating film loan program and as assignments on special projects whether it is assisting in reconstruction of research or roger x. >> is so ""on the firing line with the germans. " where does that come from? why do we still have it? >> it is just one of this fascinating things. a film from long ago. from the son of one of the original backers of the film had founded in his father's wine cellar. in it was 40 and-some reels of film. it had been sitting on a shelf and several attempts had been made to put it together but there was no paperwork. so it just kind of sat there. the nitrate vaults in ohio were at wright-patterson air force base and i thought, what are all of these reels? what is this? i am so glad that finally we were able to put it all back together because it is one of those things that should not have survived. you know, there is no reason for it to survive. lynanne: a behind seller is not a good place to store a film, particularly a nitrate film. ask how do we get to the point from it sitting in storage to now where it is available for the public to view? tra

the bay area. but now - there )s a new opportunity for some south bay families. millions of dollars is now available in loans - thanks to a unique new program area )s ian cull explains .. you still have to meet certain qualifications. that was ian cull reporting. again - the new program has lots of guidelines. but on our homepage we )ve postd a link to the story - which includes exactly how it works. coming up on today in the bay: after striking out several times -- the a )s unveil their new billion dollar "field of dreams." why this ballpark proposal is different than the previous ones. ad lib over radar - ad lib over radar - americans have made air wick number one for its scented oil warmer. with the best fragrance control available, for the perfect amount for any room, big... or small. now in limited editions holiday scents! can the a )s latest stadium pitch be the "home run" fans are waiting for? that )s what many are asking ths morning - after the team unveiled what can only be called an ambitious plan for a new oakland home. the team yesterday showed off artist renderings of a 34-thousand seat, privately financed waterfront stadium ne

since 2012, the healthy -- that san francisco healthy nail salon program has recognized the loans that are creating healthier working environments for their employees and clients. over the course of the last year , are agencies in community-based organization agent law caucus have partnered to deliver information to nail salon workers about other issues that are critically important to their health and well-being. particularly there rights at work. the science of human trafficking and healthcare access. we are very excited to learn more about this collaborative collaborative effort through our next three speakers. meghan of the san francisco department of the environment, diminish of the department of status of women and in victoria from the asian law caucus. asian-americans advancing justice. >> thank you for being here. please go ahead. >> good evening. thank you so much for that introduction. my name is meghan. i work at san francisco department of the environment. we are one of the programs that i helped coordinate as a san francisco healthy nail salon program. a quick overview of

the markets, in a market that is pretty flat. stoxx 600 now almost entirely flat. egypt will not ask for further imf funding next year when it's $12 billion loan program expires. ter says the economy is now in better shape and he is working to reduce the debt level, and gain investor confidence. he spoke exclusively to bloomberg in cairo. that we were happy with the imf. egypt is one of the few countries who completed such a program, successfully completed such a program, which is something good for us and for the imf as well. this program was a very strict program and it was very harsh, however, it's successful for one, because it's at the injection economy -- it took the egyptian economy to a good position. let me say that we agreed that from the point of asking for further funding, we are now in a position that we do not think that we will need further funding from the imf. just number one. tober two, we are committed reforming -- further reforming our economy and making sure our economic model is a good example for other countries. be, imf, of course we will you know, in some sort of forms with imf. this will give us some sort of comfort to international in

>> driving around looking at the prices of homes it had never seemed possible and now it's exciting. >> reporter: they were fascinated by a new county program that's loaning $25 million to first-time home buyers like themselves. the first workshop meeting tonight drew more than 300 people. here's part of how it works. if you're a family of four making less than $150,000 hoping to buy a home of up to $800,000, you come up with 3% down. the county loans you at least 17% of the purchase price for a down payment. once you sell the house you pay back the interest-free loan plus a share of the equity. >> it allows a homeowner to have a fighting chance at affording a home, building up that equity, paying us back so that we can give that money out to the next resident of our community. >> reporter: the county estimates there are only 350 homes below in e but this is a step toward keeping families here who want to be here. >> we have a little money in the bank, not enough to compete with what's going on around here. but with this program again, that puts us in the ball game. >> now, again, there are some qualifiers on this. we posted some more information on our w

along with allies and republican congress to try to undermine that student loan forgiveness program. is that nowell you that the democrats have a gavel in the house of representatives, and we are going to be in to control the docket in terms of the oversight committees, oversight in the oversight and government reform committee, oversight in education and labor, there will be hearings on this issue of student loans and student debt. we are going to get to the bottom of whether some of these private lenders who are in this space are making out like bandits at the expense of the borrowers out there. we should have a federal government whose agencies are protecting the borrowers, not industry, the lending which is what has been happening over the last couple of years. tuned, because that, i know is a priority item among many that democrats want to look at now that we have the ability to decide what hearing should take place, call witnesses, and insistingthat we are on the accountability and transparency that should apply across the board including with respect to student loans. host: another democrat from chicago,

expand an award of 14 million from the california department of housing and community development, affordable housing and sustainable communities program including a loan of $9.3 million in a grant of $4.7 million for a project at 2060 folsom street. >> thank you. seeing there are no names on the roster, we can take these items same house same call. all right. without objection, these resolutions are adopted. next item. >> item 17 is a resolution retroactively authorizing the department of public health to accept and expand a grant increase of $467,000 for total approximate amount of $1 million from centers for disease control and prevention to participate in a program entitled national h.i.v. behavioural survey and san francisco for a period of january first 2018 through december 31st, 2018. >> all right. we can take this same house same call. excellent. without objection, this is adopted. next item. >> item 18 is an ordinance amending the planning code to require c.u. authorization for restaurants and prohibits brewpubs within a subarea of mission, alcoholic beverage su d. establish limits on the number of establishments that require c.u. authorizati

you know, we saw higher education re-authorization which eliminated the grant and lon -- and loan programs that our students depend on. and we saw a single-minded focus to provide for private school vouchers for our k-12 education system and even a willingness to take funding used to educate low-income students and allow school districts to buy guns. his was not an agenda to see -- to seeing education be the ticket out of poverty and to the middle class. but january, it dawns a brand new day. you know, we will once again have a congress that will pay our teachers what they're worth. we will once again have a congress who will be concerned about not only education but seriously about the infrastructure and the needs of many of our older schools. a congress that keeps our students safe while they're in the classroom. a congress that keeps alive the promise that a quality education is given to every child. and so i want to close, you know, by saying after teaching 40 years at bennett college in greensboro, north carolina, people ask me, reverend harpton, do i miss teaching, and i tell them, w

we saw last time around was the government putting a billion dollars into their investment into their c. series program as well as the feds here in canada they gave them a loan of three hundred and seventy two point five million it was an interest free loan so that they can get their business back on their feet but the deal with come back there was one particular part of that that was not fulfilled and that wasn't to lose jobs it was actually to gain six thousand jobs barbe r.j. was not able to do that so i'm not quite sure call back we'll go back and what comes to terrio you know maybe we have less workers here but we've been ripped off and hurt by bar margy as well especially here in the city of toronto street cars are built by bombarding get this last summer out of the first sixty seven new street cars that. they gave us actually of the first eighty nine sixty seven had to go back in for inferior frame weld so they're not doing a fantastic job here of the population you talk to people in canada bombard a six i don't know how many people would actually cry about it this is not a too big to fail the situation as the government sometimes may think and when a