Good morning, it is tuesday here in new york city, youre watching Market Makers. Ever since kobe bryant got to have that Training Session with me the staples center, he realized that he was the future of business. We have a lot to talk about. We will begin the show with breaking news. Michael mckee has the headlines. It is good news for the real sixte or, a two point percent increase. This is much better than analysts had anticipated. This is an eightmonth high for housing and we see the number of homes for sale hold steady 5. 4 months. It looks like the existing site at least, we are doing much better, we will made for new home sales thursday. Thank you very much, that is Michael Mckee out in the newsroom with some positive economic data. Of course, it is time for the story of the day, the man himself, bill ackman. Right now, he is starting what he calls the biggest presentation of his investing career. That is a giant claim. The mother of all takedowns. Bill ackman says he will prese
Program education. Moving on, any new business . 1414daas area plan budget one time only federal state funding increase. Denise cheung could i have a motion to discuss . Second. Good morning president james, commissioners, my name is Denise Cheung today i am very happy to present to you our proposed plan of using the one time only which we call oto to help defaulting programs to increase the grant. With approval we will amend the grant accordingly. The first one is title 3b, supportive services. Can you hear me . Sorry. Your mic is on. This is an enhancement in the federal funding increase this program by 16,539. The funding will be directed to supporting emergency ice program which includes chore, home maker and personal care. The service is currently provided by selfhelp for the elderly. The second category of program is the Ombudsman Program under title 7 a and 3b the amount is only 1,150 and we are allocated it to the inaudible program currently provided by Family Service agency. T
Classes he going to train and you say this master tai chi trainer will train his students, right, so that his students will train other people. Correct. So the way this program will work is that the master trainer will be hired and then we will basically invite the Community Based organizations that have participants that meet the eligibility requirements for snaped. So actually on the last page of the snaped synopsis you can see we already preidentified potential partners or meal sites that actually meet that requirement. In addition to that, if there are other nonprofits that are interested and meets those criteria, we certainly will be open. There would be requirements as part of attending the training they will be, they will need to be able to implement this Tai Chi Program at the center x times a week, at least once or twice a week, and collect the data that is needed so that we can report to the state. So theres going to be a little bit of strings astached so we can provide infor
Understand that. Thats area aging. I appreciate you informing me. Otherwise, you know, three a is automobile with something, you know. Thank you. Now my next point of order will be what is the word snap, snap budget. Tell me what that stand for. Sure. If you look at the synopsis it has the full name written on there for. Its supplemental nutrition assistance prap education. Program education. Moving on, any new business . 1414daas area plan budget one time only federal state funding increase. Denise cheung could i have a motion to discuss . Second. Good morning president james, commissioners, my name is Denise Cheung today i am very happy to present to you our proposed plan of using the one time only which we call oto to help defaulting programs to increase the grant. With approval we will amend the grant accordingly. The first one is title 3b, supportive services. Can you hear me . Sorry. Your mic is on. This is an enhancement in the federal funding increase this program by 16,539. Th
Program and then about 3,000 thats on page 16 for the consultant, this is the master trainer who will be providing two days training. Overall thats sort of the breakout for the different programs and again this is our best estimate. We will be providing and presenting the actual contract amount recommendation for these projects to you in the coming months, either november or well, december is sort of the most earliest, i dont know if well be able to get there, but definitely by january. Commissioner seriina. Thank you very much, i certainly am impressed with the complexity of the detail the state wanted and i can see why it was such a challenge for you. Question on the first page. That is the column says percentage difference between the contractors, its 53 percent correct, it would seem to me it should be closer to 300 percent because the actual amount is 87,800 and the original amount was 2600. You are right and thats a formula i cannot correct because its a state form but i will let