So from City Community capital thanks too on the so thank you from the bank side clapping. as christine mentioned another important partner was the bay area lift and another corporation theyll be speaking together youve seen todd many times hes often our k3wik9 investor and able to work with complicated projects that makes them seem simple and many of you know a stalwart over the years and provided an important grant to help us get the lead silver identification so with that todd and peggy. Good afternoon let me introduce peggy with the bay area theyre a Parent Corporation i have to be novice to peggy what lift does is provide loans for people and shes into a deal with the last money out thank you, peg i didnt as youve heard from Silicon Valley bank christine those are complicated projects i couldnt do it doug made it sound easy this team a fantastic sharon and barbara and jennifer theyre tough negotiators im surprised they let me have 38 my shirt this project is a multiple number of i
Will be transformed on golden state clapping . So its true there are an unbelievable number of people from the city side marge go and wolfgang are partners not only here by on many projects are huk huge humane partners from the Mayors Office of housing ive got a long list ann and olsen lee and georgia martin and others from the urban housing and im sure there are many others thank you for everything you did to make that possible clapping so were officially 10 percent through the program in case you keep a chart at home the 09 great partner for us is the hud as long as hud for many, many years theyve been the key partner for producing housing particularly for seniors in some ways a sad waterfront momentum this is the last hud 202 projects in california for whatever reason theyve chopped did funding that provided the subsidies for this beautiful spot so hopefully that will change some day in not were here to celebrate and we couldnt have done it without you from the team from hud to say
Capital thats itself sticks and bricks financing going to the senior avenue, i wont dwell on the project rental assistance that hud will be providing to keep those beautiful apartments affordable to our low income seniors im not going to tell us the hard working go contractors who put their hearts into this development and the stimulus to all levels of the economy this project has provided so far i wont go along about the green and sustainable features about the state of the art of this design and this is one of the last section 202 Affordable Housing that will be coming online for the foreseeable future i will identify the hud staff who worked with our many partners to make this project a reality those hud staff put their hearts into this and id like to point out the hud folks if you get our names called racing rise your hand. calling names . clapping and our esteemed hud council calling names and i especially will speak to our seniors because their why were trial here our seniors wil
Food security seniors are having a hard time it cant be the food centers but make sure their better endo you do we put money into the Food Security for seniors in particular because costs were going up drastically a plate of healthy food was used to be one dollar 050 and people can get that but now four or 5 so with we have to make sure the services were there and housing is incredible part of that that are but all to say that everybody in this city is stepping with the affordability agenda prosperity agenda i dont want to miss an opportunity to put together the kind of talent thats been demonstrated here and build buildings but rehab them sworn testimony with i dont want to rebuild to replies lost housing were rehabilitating housing as well where hud has helped theyve supported our rad program thats going to authorize some 6 thousand units to be rehabbed in the entire city y while we gain additional housing i need not remind you of a population that is more senior as time comes with t
Praising our developers our nonprofits our Service Provides in this community it wasnt long ago that st. Anthonys opened their brand new kitchen more than that a kitchen their entire services a whole floor was being created along with a brand new food center in this neighborhood and we pointed out at this time we pointed to this housing side as the one i wanted to get to as soon as as it was ready to get open you have to be at least 62 yearolds well, im 62 this year laura i joined the ranks of other seniors wanting to make sure that our city is welcome to everyone this is an incredible center over 90 brand new units in the heart of one of the most challenging afterwards our city i know that supervisor kim knows that weve been at Oscar Pistorius were time after time the needs were identified and this city with its Strong Foundation can do more and more to help and combine more and more this incredible combination of the stoilgdz and also mercy hours you could also expect theyll produce