an effort to bolster the economy. iraqi forces have launched counterattacks to halt the advance of islamist militants. the militants have swept through northern iraq, and are vowing to march on to baghdad. iraqi commanders are determined to stop them. nhk world reports. reporter: the militants have captured iraq s second largest city of mosul and other cities. more than half a million people have fled their homes. tents have been set up as more and more residents try to escape the violence. translator: i was at home when i heard an explosion. i thought i d have a heart attack. translator: these two children have no place to go now that they ve lost their father. reporter: the militants reached mosul earlier this week. they pushed south to bajii and samarra. they re now about 100 kilometers from the capital baghdad. government commanders are getting ready to take back the cities the militants have seized. they ordered helicopter crews to attack and they dispatched sp
some t.i.c. owners complain that they can t get their units refinanced because of the ways loans are structured. ace feels there pain, but they must organize themselves in groups, and demand better mortgage deals of the 1% to open up flood gates and push people out of the city or onto the streets is not the answer. thank you very much. chair wiener: thank you. next speaker. thank you much again for being here and supporting us and to everybody out here. seems to be a lot of support for both sides. my name is cole. i work as an administrator for a music school, which is a nonprofit that s been going for 40 years. i am administrator and outreach director. i teach music to areas all over the city and the majority of the people that work for me, or that work for us, are younger, poorer, musician creative types that if they were to lose their the housing that they have, one will be here later to speak, it would put them in a position where they would have to leench. when i m
association. we re the largest tenant based organization in the city and our 1,000 members are all low income mono lingual renters. we have 50 present and some are in the overflow room and we re here regarding our concerns on the proposed legislation. if t.i.c.s are allowed to buy back the condo conversion process these units will be taken out of rent control stock and will open the flood gate and incentivize the speculators. a lot of the tenants are low income and will not afford other places. i have also experienced ellis act eviction process and i do not wish this upon anyone to go through. also speculators will be motivated into the t.i.c. market. the waiting list, we re concerned more speculators will jump into the market and to get into the condo conversion while empty. this will not create new housing, let alone affordable. we need to protect rent control housing so families will not be forced to move away. i the housing market. thank you. chair wiener: thank
based organization in the city and our 1,000 members are all low income mono lingual renters. we have 50 present and some are in the overflow room and we re here regarding our concerns on the proposed legislation. if t.i.c.s are allowed to buy back the condo conversion process these units will be taken out of rent control stock and will open the flood gate and incentivize the speculators. a lot of the tenants are low income and will not afford other places. i have also experienced ellis act eviction process and i do not wish this upon anyone to go through. also speculators will be motivated into the t.i.c. market. the waiting list, we re concerned more speculators will jump into the market and to get into the condo conversion while empty. this will not create new housing, let alone affordable. we need to protect rent control housing so families will not be forced to move away. i the housing market. thank you. chair wiener: thank you. next speaker. good afternoon,