They are not under. Among the achievements of democracy is the ability to organize and protest but one must also work to make the two museum economy healthy an economy in which the growth that began in two thousand and seventeen is consolidated. French president emanuel markram is hailing his visit to china as the beginning of a Historic Partnership hes been overseeing the signing of several trade deals with chinas president xi Jinping Macra has been pushing for French Companies to have a greater access to the worlds biggest population especially a Nuclear Power aerospace and food from a bride has more from beijing china and france are hailing this visit as a new era for strategic partners. She didnt paying and Emanuel Mccraw signing multibillion dollar trade deals from aerospace to Nuclear Energy projects and reaching what they say is common consensus on a range of issues from Climate Change to international security. We have made an agreement to improve global issues we are faced wit
Reports were presented to you, in 2010, the public Advisory Community there was unanimous support for the program. This program, the south story ordinance actually was brought to you first four years ago today. You wonder why it has taken many of us wonder that as well. It was actually four years ago today that the report hear today hear tomorrow was brought forth to you. There is caps has evolved into esop the Earthquake Implementation Program which is a 40, excuse me, 30year program. The soft story ordinance is the first step in that. It is the low hanging fruit. This is where we get the biggest bang for the buck. This is going to be the easyist and cheapest of the problems to solve and we will look forward to your support in the other efforts on the esup program as well. But i strongly encourage your support on this. Thank you commissioners thank you, thank you for all of your service, so far. Next speak ner good morning, it is char on short with the housing rights committee. This o
Really inefficient of how, it did not have to be that way t does not have to be that way in the future. It was partly that way because it was in the code, if you will remember. It was designated and you know, i think that is for us, if we are going to pursue putting the fund together, again, and making it available, we should think carefully about what the policy choices are and what it should be and what the policy out comes, you know . Should be . Before we start putting in details of you know what the transfer of funds will be. Before you talk, we should try to figure out where we are going with it. And then makeup the rules. And then i would suggest that this may be but you have to populate the fund because there sno money. There is probably 2,000 on our side if even that. If you wanted to populate the fund just like we are populating the repair and Demolition Fund so there is sufficient money there to be able to do emergency orders and then, hopefully be able to recover that money
Urgency there is, i fully support this program. And this mechanism which we have wrestled with for a long, long period of time. So i wonder if you could talk about any kind of movement that we have in helping the building owners with these up grades in a way that does not negatively effect the affordable and the pass through to tenants. Absolutely. One of the things that the commissioner requested of me that we do out reach in a few areas. Out reach to the tenant community to figure out what their issues are. And the Property Owner and more importantly to out reach to the finance mechanisms to find out that there is an affordable component to pay for this. We are not taking a one size fits all approach to all sides fit all. It has complications which you know about. The idea is to create a comprehensive menu of financing options. So what we have done is engaged several private lenders and most of them Credit Unions and banks and they have all come forward with the intent to establish t
Now the banks have agreed to come forward to create the mechanism to refinance their property to be able to pull out the additional funds for construction because of the loan to value ratio that is a problem and there is also the availability of doing a secondary loan to access these funds and a gamut of other options some of these buildings are considered historic and so we are working to access the funds to be able to stream line that process as well as our Public Financing component which will be a discontinuing inaudible district and it is similar to the Green Financing in the city it allows the loans to not only be associated with the individual but with the property. If the property changes hands, the length of the loan stays with the property. Whereas it stays with the individual. The idea is that there are other options the idea being is that we want to give as many option to people as possible and have a year to vet these programs before people need to actually access these th