Congressional coverage here to you can watch that online at cspan. Org. We will take you live now to the senate for where lawmakers will see about extending federal spending past october 30. The chaplain let us pray. Eternal god, sovereign, source of wisdom, hear our prayers. Listen as we lift our hearts to you in our times of distress, answer us quickly. Strengthen our lawmakers. Keep them restless until they find rest in you. Keep them dissatisfied until they find their satisfaction in you. Lord, give them the wisdom to make wise choices that will glorify your name. Help them to keep their hearts and minds responsive to you, enabling them to help make a better nation and world. Remind them that you keep a protective eye on the godly so that they may be surrounded with the shield of your divine favor. May our senators, with faith, expect you to provide them with strength for each task. We pray in your great name. Amen. The president pro tempore please join me in reciting the pledge of
Your District Supervisor recently after a very lengthy community iterative process and the expenditure of millions of dollars, two developments trying to go forward could not in fact. And so that is thats what sometimes happens when the risks are great, the costs are high, and we get these Great Community benefits that then tip those particular parcels and i think you know the two that im thinking of. I do know the two you are thinking of, and one has been purchased by the city and 100 Affordable Housing. I dont know if its the worst outcome from that project. I dont think we need to belabor this point, i dont think you can point to one example and thats what worries me, right . I mean aside from little excellent arguments made by my colleagues around, you know, sort of putting a definition of Affordable Housing that includes one individual who earns 128,000 a year, which is very problematic, i dont think it would work anyway because what developer who whats the 1956, you get like an a
100,000 more per unit because we cant access federal and state funds for those apartments, and so we have those cost constraints that really are important to consider. If were putting 100,000 extra to put an apartment that is affordable to somebody at 100 of a. M. I. Or 120 of a. M. I. Then that means less Affordable Housing to other groups of people who are desperately in need, like people experiencing homelessness. What we have by increasing the definition of middleIncome Housing, it does two things. It reaches more middleincome houses, and for a household of three, looking at for a twobedroom apartment on the market, if instead of paying the market rent, which is about 4600 a month if youre out there on your own, looking for an apartment, you would save 1,000 a month at that 40 a. M. I. Rent. 1,000 a month for a working family. That is significant. That makes a difference, and that could be the decisifactor family deciding to stay in San Francisco or not. This is simply an additive
Affordable Housing Development so the more Affordable Housing the better. We have also seen deals and in your District Supervisor recently after a very lengthy community iterative process and the expenditure of millions of dollars, two developments trying to go forward could not in fact. And so that is thats what sometimes happens when the risks are great, the costs are high, and we get these Great Community benefits that then tip those particular parcels and i think you know the two that im thinking of. I do know the two you are thinking of, and one has been purchased by the city and 100 Affordable Housing. I dont know if its the worst outcome from that project. I dont think we need to belabor this point, i dont think you can point to one example and thats what worries me, right . I mean aside from little excellent arguments made by my colleagues around, you know, sort of putting a definition of Affordable Housing that includes one individual who earns 128,000 a year, which is very pr
A lot of back and forth, and that takes a long time and drives costs up. Now, like in many cases thats great, you know. I have devoted my career to an Affordable Housing development so the more Affordable Housing the better. We have also seen deals and in your District Supervisor recently after a very lengthy community iterative process and the expenditure of millions of dollars, two developments trying to go forward could not in fact. And so that is thats what sometimes happens when the risks are great, the costs are high, and we get these Great Community benefits that then tip those particular parcels and i think you know the two that im thinking of. I do know the two you are thinking of, and one has been purchased by the city and 100 Affordable Housing. I dont know if its the worst outcome from that project. I dont think we need to belabor this point, i dont think you can point to one example and thats what worries me, right . I mean aside from little excellent arguments made by my