Commission continuing our closed session item number 7. This item d reconvene in open session to vote on whether to disclose any our all discussions held in closed discussion. I move that we do not disclose. Second. There is a motion and second to not disclose the items in closed session. Any Public Comment . No. All commissioners in favor, aye. Next is item 8 adjournment. Is there a motion to adjourn . Move. Second. All in favor. Aye. We are now adjourned at 11 0. I know it is rain. We will try to make sure that we hurry up. Actually, no, i am not going to hurry up. I am excited to be here today with supervisor fewer and this after we are standing in front of today to talk about how amazing the small size acquisition is in San Francisco. This is amazing. Let me tell you when our former mayor ed lee served as mayor, he really understood in numerous conversations we had around the challenges with Affordable Housing. It wasnt just about building new Affordable Housing, which we so desperately need. It was about remembering people who live in apartment buildings like this, people who live in Affordable Housing all over San Francisco and the challenges that exist with not only maintaining those facilities but making sure that they are available and remain safe and affordable for so many residents who could get displaced when the buildings go on the market. That is why this Acquisition Program is so important. No one on the board of supervisors has been a stronger supporter of this program than supervisor sandy fewer. [applause] she continues to twist my arm to say, look, we havent been able to do a lot around investments and Affordable Housing in my district on the west side of town so we need to do more to invest in small sites. That is an opportunity to help stabilize low income families who live in these apartment buildings all over the west side who often times are not getting the support they need. This is really amazing. We will be protecting 12 affordable homes. This is the second small site on the west side of town. We have not only invested millions of dollars in the past years budget to support the small sites. Because of the voters passing a 600 million Affordable Housing bond we will invest another 30 million in small site acquisitions absolutely amazing. To date we have acquired 35 buildings with two 90 units in the sunset, mission, excel seo, soma and eight ash bury neighborhoods with 137 total units in the pipeline that is 135 million of city funds committed to helping support 550 residents in San Francisco. Absolutely amazing. I want to thank meta and someone will speak today for being an Amazing Community partner. The city can invest the funds. Without partners and people willing to do the work, we cant get this done in a timely manner. Often times they are timely. We are grateful for the partnership with meta and the San FranciscoHousing Accelerator Fund. They will talk in a minute. I want to thank the residents for their patience and excitement and trusting the city to work with us to make this happen. I know dan adams is here from the Mayors Office of housing. Thank you for doing amazing work around Affordable Housing every day. With that i want to introduce thsupervisor for this district r small site acquisition, supervisor fewer. [applause] thank you. First i want to start off by saying a big thanks to a lot of people. Meta coming out here and buying this property for us and managing it. It is a gift. I know it is out of your geographic area. Thank you for keeping these homes here. To our may orthopedic and t. It takes everyone together. The San FranciscoHousing Accelerator Fund and of course our rock star tenants of 359 third avenue. I want to say this is why we are able to do this and this is why we do this. I also really want to thank the housing rights committee. We have a west side site. There are partners in everything. They are the first people we go to when we hear about a building going to be for sale. When people email to say, help, my building is being sold. I dont know what to do. I have lived here for 44 years. We called hrc. We are partners to keeping our residents stage. I dont want to correct the mayor. This is the third site in the Richmond District. All of them. Two here and one over here. Absolutely. We have one on 17th avenue which we saved. That was first. Seniors are in that building. People who lived in the district over 40 years. Another win where at ninth where hamburger haven is. The mayor was there celebrating the acquisition of 14 units. Sro units inhabited by Chinese Americans that are seniors. One lady was 98 years old. They have lived there for 25 years and can live there the rest of their live also. Of course, this is our third. We know the Richmond District this is the strategy that we are going to use to keep people stabilized and keep these wonderful families and the residents in the Richmond District where they choose to live and they love. I want to again say thank you to meta. Without them we could not have done this. You know, we have lost 500 units of Affordable Housing in my district alone in the last 10 years. When we can acquire buildings that are already built that already have tenants in them and tenants who love our district and that we love having them here, too, this is a perfect combination that we can do as a city and we should do more of. Our office has worked very hard, as the mayor mentioned, about getting more money for it and to acquire more sites. Earlier this year we penned the Community Opportunity to purchase act, copa. That gives the organizations first but at the apple before it goes to the market. It gives nonprofits a chance to buy them first. We need on the west side to to o rekeep more neighbors in the homes. With funding we received a grant to come together and create our own west side nonprofit so we can buy more buildings all on the west side. Not just my district but in the sunset. We offer legislation to put more money every year in to this site for Affordable Housing. Now we have a plan, we are on our way, we hope to keep more people in home also in the richmond and keep my residents stage. 65 of my neighbors are renters. They are vulnerable i in the housing market. Thank you all for making this happen. This is a great celebration on this rainy day. During this Holiday Season these wonderful residents no longer have to worry for 99 years this will be affordable. Thank you everyone. applause it was smart to put remarks in plastic to keep it from the rain. Next one of the partners to address this, some of you know how critical i am of the city bureaucracy and how long it takes to get anything done. That is why this partner is so important. The San Francisco housing acseller rater fund help us with the funding so that when we have the opportunity to purchase these buildings they are really the bridge to make sure there arent any delays to sacrifice the opportunity to get hold of these buildings for the people who live there. Rebecca foster is the chief executive officer of the San FranciscoHousing Accelerator Fund. Thank you so much for everything you do, rebecca. [applause] we do our work closely with meta. I will bring up the great team with us. As the mayor said, we are you have to move at the pace of the market to get opportunities like this and to not lose the affordability for residents like the amazing residents here. That is what we do. We work with Amazing Communitybased organizations like meta and provide the capital they need to buy acknowledges like this that are to buy buildings and to rehab them and make improvements to the buildings and partner with the city to come in with the capital that is needed to make them affordable for 99 years. This is our 15th project. We have over 118 million since we were created less than three years ago. As the supervisor said we need to trickle down to see these on the west side and also we love working with meta and the supervisor on this effort to build more capacity for communitybased developers out here to do more work like this. I am director of Community Real estate at meta. This is castro, chief project manager that made this happen for the residents to stay. It is a hustle to buy a building off the private market and make sure the residents are aware what we are doing and also keeping the seller confident we are going to buy the building and making sure we have the financing through the housing accelerator and with the Mayors Office. We have been able to do this time and time again in the mission area and we are so excited to bring this to other parts of the city, including the sunset and Richmond District. As you have heard from supervisor fewer and the mayor we are excitessed to do the Capacity Building now that we have more funding to look at other parts of the city and really grow our smal small agait could to the big engine and replace displacement in our city. Thank you. I also want you to hear from the residents. First is laura. She will talk about her experience. Thank you for being here, laura. When we heard the building was going to be for sale the second time in two years. It was now what . When we saw the ad they posted for sale saying this was not rent controlled, our hearts dropped. What do you mean . We have been her 41 years under rent control. We were going buy the date of the occupancy. Then we had a meeting, thanks to the San Francisco housing committee. They introducessed us to meta. We read and we thought, okay. We still were concerned. We were half and half about rent control. We did the appeals, peoples rents were raised, not everyone but some. It got to be homed. Then we realized that i was here 41 years but no one else has been. That is when you put aside things saying you do things for the betterment of all, not just yourself. It meant a lot. We got it done with the help of partners sandra and ian. Every time i had a question, i sent them an email. Next day there was a response as busy as their jobs were. I dont know how to thank them enough. Nor so the mayor for backing this project. Thank you everyone. We are in homes, not going somewhere else. It means so much. Thank you. [applause] thank you, laura. Now for another resident chloe and one of the newest residents of 369 third street. So we found out the building was for sale for the second time when i was pregnant five months with our baby. Laura found out it was not rent control the day after we found out it was for sale which meant we would have the rent hiked up or they would tear it down or put people who wanted to spend a lot of money to live here. I decided no, i was not going to be moved out of my home. I was not going to let that happen to the rest of the tenants in the home. We are part of what makes the San Francisco heart beat what it is. This is full of families and retired people. It wasnt going to happen. I am so grateful there was so much support and passionate people who put their effort to keep San Francisco what it is supposed to be. Very passionate people. I just i cant say enough,and i want everyone out there in the city to know you dont have to feel paralyzed. I did not know where to turn. I got a postcard from impact the next day and called them instead of throwing it away in the mail and that got the ball rolling. You dont have to be you are not victims. We are people who are backed by amazing humans with big heart goes to keep the city the way it is supposed to be. Thank you so much. applause well, there you have it. Good news for a change in San Francisco. I know we have real challenges in our city. Challenges that so many people work on every single day to address, and because of an Amazing Group of people we have been able to create just a little bit of a Good Opportunity here for so many people who deserve it. I am so grateful to all of the people that played a role in getting us to this point. It took a village. Now that is a home for years to come, and i am grateful to everyone who rolled up your sleeve goes to make it happen. You cant wait to continue to do more acquisitions like this all over San Francisco. Thank you for braving the cold and rain to be here. It is worth it. We have more work to do. I know with supervisor fewer pushing for these acquisitions on the west side and all you alr San Francisco we will save people in their existing housing for generations to come. Thank you again for your support and being here today. I have been living in San Francisco since 1957. I live in this area for 42 years. My name is shirley jackson, and i am a retirement teacher for San Francisco unified school district, and i work with Early Childhood education and after school programs. I have light upstairs and down stairs. Its been remodelled and i like it. Some of my floors upstairs was there from the time i built the place, so they were very horrible and dark. But weve got lighting. The room seems lighter. They painted the place, they cemented my back yard, so i wont be worried about landscaping too much. We have central heating, and i like the new countertops they put in. Up to date oh, and we have venetian blinds. We never had venetian blinds before, and its just cozy for me. It meant a lot to me because i didnt drive, and i wanted to be in the area where i can do my shopping, go to work, take the kids to school. I like the way they introduced the movein. I went to quite a bit of the meetings. They showed us blueprints of the materials that they were going to use in here, and they gave us the opportunity to choose where we would like to stay while they was renovating. It means a lot. Its just that ive been here so long. Most people that enjoyed their life would love to always retain that life and keep that lifestyle, so it was a peaceful neighborhood. The park was always peaceful, and i dont know. I just loved it. I wanted to be here, and i stayed