Residents. We are committed to hope sf and to move it forward and the mayor announcement is another part of that moving that initiative forward. Mayor lee i also have the director of hud here and he is going to lead us and then we will have mayor lee up in a moment. Thank you very much and it really is a privilege to be here with you today and to build on henrys comments and its extraordinary that the grants across the country that were awarded to hud two of them are in the same state and its more extraordinary that both of them are in the same city, San Francisco so congratulations. [cheers and applause] so for context i just want to mention a few things and this is no news to all of you here in the room and the people standing up with me today, but today in america more than 10 Million People are living in neighborhoods of concentrated poverty and limited investment and opportunities for themselves and their children, and we know that one of the most important factors in determining
Residents. We are committed to hope sf and to move it forward and the mayor announcement is another part of that moving that initiative forward. Mayor lee i also have the director of hud here and he is going to lead us and then we will have mayor lee up in a moment. Thank you very much and it really is a privilege to be here with you today and to build on henrys comments and its extraordinary that the grants across the country that were awarded to hud two of them are in the same state and its more extraordinary that both of them are in the same city, San Francisco so congratulations. [cheers and applause] so for context i just want to mention a few things and this is no news to all of you here in the room and the people standing up with me today, but today in america more than 10 Million People are living in neighborhoods of concentrated poverty and limited investment and opportunities for themselves and their children, and we know that one of the most important factors in determining
Residents. We are committed to hope sf and to move it forward and the mayor announcement is another part of that moving that initiative forward. Mayor lee i also have the director of hud here and he is going to lead us and then we will have mayor lee up in a moment. Thank you very much and it really is a privilege to be here with you today and to build on henrys comments and its extraordinary that the grants across the country that were awarded to hud two of them are in the same state and its more extraordinary that both of them are in the same city, San Francisco so congratulations. [cheers and applause] so for context i just want to mention a few things and this is no news to all of you here in the room and the people standing up with me today, but today in america more than 10 Million People are living in neighborhoods of concentrated poverty and limited investment and opportunities for themselves and their children, and we know that one of the most important factors in determining
And really to say that, and i think henry you talked about the mayors leadership here and really about the vision of transforming our housing, improving schools and supporting Economic Development that these are the most effective when the public and the private institutions Work Together and break down barriers and cut through the red tape and thank you very much for your leadership. [applause] so choice neighborhoods is just one powerful example of the Obama Administration investing better and we do what works and stop what doesnt work and form the partnerships that we need to solve the challenges of irnlt generational pof poverty for once and for all and it takes on average two generations to break that cycle of poverty and we are trying to break it in one and the efforts were supporting and we want every american to have the chance to get ahead no matter where they are and live, whether its a second grader to go to school or a parent walking their kid safely to school around the co
Work with the residents, the neighbors. We went to work with our supervisor and i know ms. Cohen is out of breath and knows how important this is for her constituents and this district, but most importantly we knew if we didnt just talk the talk, that if we actually took the residents with us, and took all of the talent that we had in the city from the Housing Authority to our Mayors Office of housing, to the redevelopment people, to the private developers, to the staff that has been so diligent, to the private nonprofit sector. The in Incredible Community based organizations and the bay view y and all these wonderful people that have been struggling for years saying can we get some help . Can we get some love in the town . Can we do something that will get us all together . And we can all these nonprofits and bridge and mercy and coming together saying we can all do it and we team up with hope sf and the partners they created in saying its not just brick and mortar that were doing her