City clerk the issuance and sale of multifamily housing Revenue Bonds not to exceed 325 million for the purpose of providing financing for the acquisition, development, and construction of a 550unit, mixed income, multifamily rental Housing Project located at 15001580 Mission Street. We have amy chan with us to present on this item from the office of housing. Good evening, chair cohen and supervisors yee and tang. Amy chan from the Mayors Office of housing and Community Development. Item one is a bond issuance resolution to fund the development of 1500 Mission Street apartments. As the clerk has mentioned, it is a 550unit mixed Income Project at the corner of Mission Street and bendas avenue. The resolution is only related to the residential tower and not to the Office Building that is also planned for this site. Our office presented the projects resolution to you earlier in july of this year. The issuance is still conduit financing that will not impact the citys general fund. 20 of th