Projects and theyre aligned with these approved projects and then at the eback end take s a ba bank credit. At the end of the day thats going to deliver about 8. 1 million to this project. [ applause ]. I just want to really acknowledge the team that really have pushed this forward quickly on this project. First of all , david wilkin sos has been our consultant from Northern California Community Loan fund. Thank you, david. Thank you for helping me understand this weave of stuff and so forth. Leading the way to make sure that we anchor the new market tax credit that we needed for the project is the city of San Francisco and the San Francisco Community Investment fund, or as we call it sfif. Without them jumping in and p putting their projestamp on thi project, i dont know if othes s would have joined as easily. We just wareally want to thank e sfif for supporting us. Along side of the sfif, San Francisco sfif was california loan fund who in vvested with u early as well. The group that
Generated today about rule 20, to make two essential points. Number one, that obviously what is going on here by the way, rule 20 funds are generated by a charge to our utility bills, so everybody. So essentially whats been going on here for the last 12, 14 years is we, those who dont have undergrounding, have been paying for paying out of our utility bills for those people who have undergrounding. This drove our coalition to not try to find certain sections of the city that would get undergrounded, but the only equitable thing to be done is to have citywide undergrounding which is the master plan. On the issue of is undergrounding better to leave the wires up, 100,000 frenchmen cant be wrong. San diego is doing this at 12 to 15 miles a year and have been doing it for the last 10 or 12 years. Santa barbara is doing it. Berkley has commissioned a study to underground if theyre going to be doing it. I mean, the proof in the pudding is very much in the knowing here. Not only as supervisor