Sure our down payment assistance Promissory Note Program is not abused the second is on inlaw units legislation that recently passed the board of supervisors both by supervisor wiener and to legalize inlaw units and promote the construction of inlaw units or secondly, inlaw units is to provide for housing supply for the residents not to create more Smaller Hotel unit the legislation as written where airbnb f t r legislation is currently written to hold out those types of inlaw units and the exist ones from the permanent market to use as lucrative shortterm hotel theyve been hidden and difficult to monitor so any meantime as handed out and its on there section 41 a definition for those you if you it is page 13 line 10 to 6 ive gone through the city subsidized housing and the other portion in bold states that the residential unit is not subject to the inclusionary or after mentioning excluding the units from the down payment Avoidance Program continuing is not a dwelling created pursuant
Secure the second phrase wheel were hoping for tangling funding. I think its important for us to examine the possible scenarios as we continue to move forward with two of the most important projects what the elect causation of the caltrains. Im wondering about the finally, my priorities are the input to the final plan we have many residents that live around the areas and second, of course, is moving forward with the alignment that allows the electrification to occur at the fast rate that we possibly can so one the initiate to provide a revenue stream or whether the alignment is a more efficient route we all want to see d t x and the alignment happen we could maybe bring those two together. Understanding, of course, that caltrain has is started to move ahead with electrification and the last piece i want to reiterate i hope we can connect with the waterfront project were looking at the waterfront so as we examine peer 70 and the proerptd warriors stadium on pier 33 and im hoping we can
Interesting pope piece its gal knitted aloof people its critically complex issue but beginning to address a very critical step in combating San Francisco affordability issue ive spent many hours in Committee Hearings and gotten thousands thank you thousands of emails plus phone numbers on phone calls on this topic its been interesting to have conversations around the city of San Francisco people are will definitely paying attention and are concerned or dialed in on the issue i believe we need to step forward and regulate this activity to protect our city rent control Housing Stock awhile afforded hosts that need the money that many others are in need of and continue the shortterm rentals under a limited circumstance i believe that the legislation is really come a very long way after many amendments and im grateful that the committee accepted the amendments addressing the safety issues the San Francisco affordability is complicated and my two priorities during it this debate to make sur
Predicted to go higher but for how long . And rip off from a multimillion dollar house to the big house, we have the story of a woman who defrauded taxpayers like you in a medicare scheme so brazen, its hard to believe. All that and more tonight on nightly Business Report for thursday, july 11th. Good evening everyone. A day of milestones on wall street today. Stocks surged and the major averages hit new records thanks to a broad based rally. All ten of the s p 500 sectors were up. What happened . All it the ben bernanke rally. Investors were inspired to buy stocks this morning following news we told you about last night, the fed chairman saying the central bank will continue its easy money policies. Why . Because bernanke says the weak u. S. Economy still needs help. The buying was explosive. The dow soared 170 points closing at 15,460 and the das knack jumped and the s p up 2 points. Even the small cap russell 2000 index is in record terror tonight. The tenyear treasury rose with the
Nightly Business Report for thursday, july 11th. Good evening everyone. A day of milestones on wall street today. Stocks surged and the major averages hit new records thanks to a broad based rally. All ten of the s p 500 sectors were up. What happened . All it the ben bernanke rally. Investors were inspired to buy stocks this morning following news we told you about last night, the fed chairman saying the central bank will continue its easy money policies. Why . Because bernanke says the weak u. S. Economy still needs help. The buying was explosive. The dow soared 170 points closing at 15,460 and the das knack jumped and the s p up 2 points. Even the small cap russell 2000 index is in record terror tonight. The tenyear treasury rose with the down to 2. 57 and gold up 32. 50 to 1,279. Joining us to talk more about todays market activity and what may be ahead is chief equity strategy. Did ben bernanke say anything different and if he didnt, what sparked the rally . Not a lot different, t