Housing. Sfgov. Org. I have lived in San Francisco for almost 42 years. I was born here in the hayes valley. I applied for the San Francisco Affordable Housing lottery three times. Since 2016, weve had about 265 electronic lotteries and almost 2,000 people have got their home through the lottery system. If you go into the listing, you can actually just press lottery results and you put in your lottery number and it will tell you exactly how you ranked. For some people, signing up for it was going to be a challenge. There is a Digital Divide here and especially when you are trying to help low and very low income people. So we began providing digital assistance for folks to go in and get help. Along with the income and the residency requirements, we also required someone who is trying to buy the home to be a first time home buyer and theres also an educational component that consists of an orientation that they need to attend, a firsttime home buyer workshop and a oneonone counseling ses
Unprecedented move the u. S. State department indicts venezuelas president Nicolas Maduro on allegations of Drug Trafficking there are also reward money is being offered were going to discuss all right its time to boost your news i q. Hard coded 1000 again dominating headlines with now a 170 countries and territories reporting new cases here are the latest numbers worldwide there are now more than 500000 confirmed cases and more than 22000 deaths and right here stateside confirmed cases now top 74000. 00 and deaths related to the virus just over 1000. 00 and here in washington after days of debate republicans and democrats came together to pass the largest ever stimulus package for americans in. Patted by the coronavirus shutdown the bill is now headed to the house and President Trump has already promised his signature archys Rachel Blevins is joining us live with a breakdown of whats in this bill rachel well manella 1 the senates 11th hour vote is being called historic after the democ
Quote, dont go to crowded places. Look, thats going to slow the economy. We dont know by how much. Remember, friday, larry kudlow was on the show, told us that targeted stimulus is being considered. The fed is being urged to take steps, too. Were watching for any announcement. Heres the other big problem. The price of oil is tumbling. The saudis have launched a price war, promising to flood the world with a glut because russia wouldnt agree to production cuts. American drillers will take a huge hit. They cant make a profit at 30 bucks a barrel. 31. 89 right now. Look at this. Money pouring into treasury securities, pushing the yield way down to yet more record lows. Takes your breath away. We were down to 0. 31 at one stage. Now we are 0. 41 . Extraordinary. It has to be said, the United States is in a better position to weather this storm. That jobs report was a blockbuster. Look at italy. Its locking down a quarter of its population, locking it down. That lwill ensure a deep recessio
1 you see it there at. 89. An amazing day yes, it is. Thank you so much. Welcome to power lunch. We have all the angles of this historic sell off covered. Bob is watching stocks for us. Rick tracking the historic lows in bond yields all eyes are on the trump administrations response and stooefr steve is on the feds next move. Well start with bob were back at the lows for the day. That 7 level becoming important because of the Circuit Breakers. We had the halt at 9 33 eastern time lets review the Circuit Breakers because they were very important this morning these are long history but only used once. Level one down 7 . We saw that at 9 33. Theres no other halt if were down 7 . Next level is down 13 that would be another 15 minutes until 3 25 p. M. Eastern time and there would be no trading halt at all unless we went to level 3 down 20 that would halt trading for the rest of the day. These Circuit Breakers had a long history this goes back to 1987 remember that 22 drop everybody said we
Now at 5 as we approach the weekend then coronavirus cases continue to climb in the bay area and beyond city leaders are issuing a stern warning follow the stay at home order or you could face consequences. Good evening and thank you so much for joining us tonight here on kron 4 news at 5 im justine waltman tonight there are 1600 confirmed cases of covid 19 here in the bay area and 35 people have died. Today Santa Clara County announced its 20th death from covid 19 and there have been 574 cases overall San Mateo County has 239 cases and 6 people have died, San Francisco county reports. 279 cases and 3 deaths. Contra costa county has 147 cases and one death. Alameda county 204 cases and 4 deaths. There have been 65 coronavirus cases in marine county solano has 34 sonoma cnty has 50 cases and one death and napa county has 8 cases and as the number of cases continues to go up San Francisco is now taking steps to slow the spread of the virus with the weekend now arriving. Policchief bill s