Broadcasting this meeting mr. Clerk, any announcements . Electronic devices. Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the march 8, 2016 board of supervisors agenda unless otherwise stated. Thank you very much could you please call item number 4. Item 4. Ordinance amending the planning code for this empowering in the upper market transcript contribute to expand to the second story with the conditional use authorization. Thank you very much supervisor wiener is the sponsor of this item ill give him the floor. Thank you very much you thank you very much madam chair that is nearly crafted to provide a path for the record forwarding for the second story bar used to be legal it under the planning code in the upper market market transit Zoning District the legislations was considered and supported newsom by the Planning Commission by the upper castro merchant at debois Triangle Association it is for upper mark
Thats it. Cloud sticking with us throughout the day. Limited sunshine. Enjoy it and soak it up. Especially if youre out and about today. You dont have to worry about taking the umbrella. If youre out tonight, headed out for a night on the town this saturday night, a i few spotty showers. Dont be surprised to see a few wet snowflakes mixed in. We could have them out there with a pretty weak system. None of that is hitting the ground. Its evaporating before it even gets to the surface. This will come through. Bring us rain showers and showers. Well time it out for you in just a couple minutes. Thank you, lauryn. Happening today, crystal hamilton will be laid to rest in charleston, South Carolina, one week after she was shot and killed in her home in woodbridge. Ronald hamilton admitted to killing her. Police officer Ashley Guindon was also shot and killed. She was is call. Ronald hamilton is in jail charged with capital murder. Relatives are taking care of the couples 11yearold son. And
Supervisor peskin our clerk is mr. Environmental impact our young thank you phil jackson and Jessie Larson from sfgovtv for broadcasting this meeting mr. Clerk, any announcements . Electronic devices. Completed speaker cards and documents to be included should be submitted to the clerk. Items acted upon today will appear on the march 8, 2016 board of supervisors agenda unless otherwise stated. Thank you very much could you please call item number 4. Item 4. Ordinance amending the planning code for this empowering in the upper market transcript contribute to expand to the second story with the conditional use authorization. Thank you very much supervisor wiener is the sponsor of this item ill give him the floor. Thank you very much you thank you very much madam chair that is nearly crafted to provide a path for the record forwarding for the second story bar used to be legal it under the planning code in the upper market market transit Zoning District the legislations was considered and
Related to the september fhafa ruling revising membership requirement of fhlbs. And what they want to know is since they dont hold mortgages they being the Ohio Capital Fund that that range from 110 depends on the type or the asset size. When that goes into effect, it would cause them to terminate their membership with a Federal Home Loan Bank in cincinnati because it doesnt hold mortgages. So would you or your team give any consideration of doing an evaluation on the impact of the burden to Community Development Financial Institutions of a less severe remedy than loss of membership . We, we are looking at every aspect of this. Weve got, as i indicated before approximately 1300 comments in response to the proposed rule, and were going through them. Our preliminary analysis indicates that despite the fact that there are 7500 members of the Federal Home Loan Bank system now, only 50100 of them would bed adversely affected would be adversely affected by the rule. And thats not to minimize
Preferred stock Purchase Agreements were entered into with treasury, that suspended the capital of fannie and freddie. If we were building up capital i understand exactly what youre saying. But those two criteriaen dont apply anymore because they are in conservatorship. Every dime is going to the taxpayers if theres a profit. Theres statutory language here that requires an end to the allocation. I think its very straightforward. But ill close with this. Today, i along with many of my republican colleagues will reintroduce the payback the taxpayers act. And this bill will ensure that money coming in from the gses will go to the taxpayers, in other words, will go to address this issue instead of being diverted to the Housing Trust fund. But thank you, director. Good to see you again. Time of the gentleman has expired. Chair now recognizes the gentleman from missouri, mr. Cleaver. Thank you, mr. Chairman. And Ranking Member, thank you for being here, mr. Watt. Theres been a lot of discuss