The 30 year timeframe. What this map that you are looking at shows is our past reductions since 2005 in pink. The pipeline is shown in hollow circles. It is on the east side around downtown and a few major plans such as candlestick and treasure island. As part of this analysis, we looked at feasibility of different types of developments and different locations and building types. Something that came through is High Construction costs which have been affecting the housing industry as a whole for the last few years are definitely a major barrier to producing and sustaining market rate and Affordable Housing over time. Those harder to quantify process and definitely also has an impact on housing costs. As part of this examination of where housing could go, we looked at three concepts for future housing growth. On the last you can see east side concept which essentially envisions additional housing being added to the east side areas where we have added much of our housing in the recent pas
Supervisor fewer good afternoon, everyone. This is the appropriations committee. I am joined by Committee Members supervisor walton, mandelman, president norman yee and supervisor matt haney is subbing today for supervisor ronen. Our clerk is linda wong who is assisted today by grant philippa. We would like to thank [inaudible] sfgovtv for broadcasting this meeting. Madame clerk . Mr. Clerk. I think that we need to make a motion to excuse supervisor ronen. Id like to make a motion to excuse supervisor ronen. A second please . Second. Supervisor fewer thank you very much. Could i have a roll call vote . Im sorry, could you clarify who is the second . Walt supervisor walton walt supervisor walton. Walton aye. Mandelman absent. Yee aye. Ronen sorry, were excusing her. Fewer aye. Clerk chair fewer, aye. Supervisor mandelman . Mandelman absent. You have three ayes. Supervisor fewer thank you very much. I believe supervisor haney is substituting today for supervisor ronen. Thank you very muc
Members, City Employees and the public, the board of supervisors legislative chamber and Committee Room are closed. However, members will be participating remotely. This is taken pursuant to the stayed wide stay at home order and all local orders and Committee Members will attend the meeting through Video Conference and participate to the same extent as if they were physically present. Public comment will be available on each item on this agenda. Channel 26 and sfgovtv. Org are streaming the number across the screen. Each speaker will be allowed two minutes to speak. Theyre opportunities to speak during the Public Comment period are available by calling 415 6550001. Again, that number is 415 6550001. The meeting i. D. Is 1467294222. Again, thats 1467294222. Press pound and pound again. When connected, you will hear the meeting discussion but you will be muted and in listening mode only. When an interest of interest comes up dial star 3 to be added to the speaker line. Best practices ar
Small and mediumsized businesses that were in sound Financial Condition before the virus impact of the economy we will hear from the head of the fed in boston and banking and business leaders. Will come tog order. This is a hybrid hearing meaning some of our commissioners are appearing in person and witnesses will testify remotely. Let me offer a few Video Conferencing reminders. Before you start speaking there will be a slight delay before you are displayed on the screen. Click the mute button until your turn to speak or to ask a question. If there is a technology issue, well move to the next speaker until it is resolved. You should all have one box on your screens labeled clock to show you how much time is remaining. Congressional Oversight Commission pursuant to section 4020 of title 4, subtitle of the cares act, the Commission Must conduct oversight of the 500 billion authorized for the Exchange Stabilization fund. As a part of our oversight work, the commission has decided to hold
Our overall Housing Production targets. We have struggled in the past coming in with less than half of this number of affordable units as well as lower level of production of housing overall. I wanted to add that we did not exam whether these targets were the perfect targets or acknowledging we have struggled to meet these targets in the past. We wanted to look at policy and investment to allow us to meet these at minimum and leave that discussion open to the public and policymakers about whether different targets should be pursued in the future. One of the key policy issues we explored was where new housing would be added and what it would look like. Initial analysis showed that we do need to add additional capacity for housing to be able to sustain the level of production at 5,000 units over the 30 year timeframe. What this map that you are looking at shows is our past reductions since 2005 in pink. The pipeline is shown in hollow circles. It is on the east side around downtown and a