Bond funding are senior citizens. Theyve lived there 30 years and have very low rents and are in danger of losing housing. In addition, we are preserving the communities at sunnydale a and potrero, preserving the housing for those households. Theres many intergenerational families at those locations, so with respect to the bond level, thats what we were getting at. I think it would be great to put that in the report so that people would have a sense that there was some delivery of the issue that was raised. Thats a good idea. We will do that, and we will also add i think in prior bond reports, we talked about the switch of funding from one project to another when it happens, but i think thats a good idea just to keep it moving in all the bond reports just so as people look at it freshly, they may have forgotten, and we can make sure that thats clear. Thank you. Thank you. Theres a larger issue besides specific to this bond, which is how this bond fits in to overall Housing Needs in a c
New polls released by the wall street journal show bidens challenger leading in six of seven battleground states. Yeah, he leads in pennsylvania, michigan, arizona, georgia, nevada, North Carolina. He is tied with biden in wisconsin. And the results are in from tuesdays primaries. Biden and trump won with, but both had some opposition e is. In wisconsin got 8 of the votes. In connecticut, uncommitted got 11 . These voters object to bidens support for israel. Trump is using his time away from court to blast the president at rallies in wisconsin and michigan last night to thunderous applause. He called for a day of christian visibility. Thats a play on bidens easter proclamation of a day of transgender visibility. Trump had energy, didnt appear to use a teleprompter. The president speaks today on his efforts to account drug prices to cut drug prices. He will use a teleprompter and answer no questions. Lets get to the markets. Two days of heavy selling to start the quartering not that muc
To brexit, we are joined by anna edwards in london. Two significant pieces of news. One really against the government and scotland and Northern Ireland will not get a say on the process. A this is a 97 page judgment handed down by the Supreme Court here in the u. K. Around 2. 5 hours ago. 97 pages here. The government will be trying to put something short and sweet in front of the u. K. Parliament. The lost their appeal at Supreme Court which means they have to put a bid in front of parliament. They will try to make it short so there is as little to object. O as possible heard from various parties in the houses of parliament that they will be looking to introduce amendments. That will delay the process. I just caught up with hillary from the labor party opposition. The timetable is still possible. That is what this is all about now. The timing and the softness and hardness of exit. Brexit. How many of the amendments will be able to influence just kind of brexit we get . The parliament
But generally its not fine. High fees can i have Marginal Development and thats the development we want the most, stuff that happens at the beginning of the cycle aka the end of the recession when people most need jobs and in the neighborhoods and low profit margin and projects at the end of the cycle and wind up being sold when they open at the bottom for a third off. Those are the most delicate projects and those are harm and when you willynilly set the fees too high and thats what i am really keen on you know based this on the Feasibility Analysis and its true that the Feasibility Analysis can be cooked either way. Right . They can be cook that you can afford a higher or a lower fee. Its obviously a political process. I would suggest airing on the lower fee side for the development. Thanks. Thank you very much. Next speaker please. Supervisors. I am build inc. And i want to thank you all for the concern about housing. I certainly share it. Affordable housing is critical in San Franc
Items on the special committee is related but we will call them separately so please item 1 please. Item 1 is a initiative oar from the mayor for the proposed Initiative Ordinance submitted are by the mayor for the voters for june 7, 2016 for election entitled ordinance mending the planning code to maximize inclusionary or Affordable Housing and Economic Feasibility studies. We have staff here. We will have this presentation and if you get the powerpoint on the screen thank you. I want to be very clear the clear of this Initiative Ordinance is establish a pathway to maximize the amount of Affordable Housing that the city can require of developers. The current requirements are too low. Not only are they too low but theyre a one size fits all rules and acts if a luxury tower downtown has the same economics as a project in another neighborhood. The economics are different and the rules need to be different the mayor directed staff to bring working groups to bring stakeholders together for