Technology, please keep your microphone on mute so we dont get feedback on everything. Id like to thank people who made this meeting possible. Our secretary, roberta boomer, along with shawn, art, jack from sfgtv, the staff at the board of supervisors, carolyn and sophia. A lot of people worked to make this happen at this unprecedented time. I will say to our staff, from jeff tumlin down through the ranks, the response has been remarkable, and well talk more about this as the meeting goes on, but i just want to say thank you. You guys are emblematic about this city. Clerk announcement of prohibition of sound producing meetings at this time. There is no prohibition at this time with respect to this meeting. Item 4, approval of the minutes. This is for the minutes of march 17 regular meeting. Okay. Very good. Board members, as is always, this has been circulated to us in advance. I assume there are no comments, so at this point, i will ask first if there is any Public Comment on item 4.
The committee will come to order. I now recognize myself. Im sorry. Without objection. Chair is authorized to clear recession of the committee at any time. Without objection members of the full committee not on the subcommittee are authorized to participate in todays hearing. And the hearing is entitled an examination of the federal Housing Administration and its impact on Home Ownership in america. I now recognize myself to give an opening statement. Okay. There was a time when if h as policies explicitly denied access to the American Dream of Home Ownership to black families and people of color, making owning a home he privilege afforded primarily to white americans and contributing to the racial wealth gap as we know it. As of the Third Quarter of 2019, the white Home Ownership rate is 73 compared to nearly 48 for latinos and 43 for black homeowners. Today fha plays an Important Role in our Housing Finances system that is helping to ensure that access to homeownership is broadly ava
The committee will come to order. I now recognize myself. Im sorry. Without objection. Chair is authorized to clear recession of the committee at any time. Without objection members of the full committee not on the subcommittee are authorized to participate in todays hearing. And the hearing is entitled an examination of the federal Housing Administration and its impact on Home Ownership in america. I now recognize myself to give an opening statement. Okay. There was a time when if h as policies explicitly denied access to the American Dream of Home Ownership to black families and people of color, making owning a home he privilege afforded primarily to white americans and contributing to the racial wealth gap as we know it. As of the Third Quarter of 2019, the white Home Ownership rate is 73 compared to nearly 48 for latinos and 43 for black homeowners. Today fha plays an Important Role in our Housing Finances system that is helping to ensure that access to homeownership is broadly ava
There is just some requirements ive worked around it a little bit. But i do think that child care would be very important. We do have some onisland services already, but were expecting the island to have a lot more families in the future. And we just want to make sure were not repeating some of the same issues that we have, you know, in the mainland of San Francisco where we have child care wait lists, and the wait lists are 2,000 people. Okay, great. And then lets see. Im also curious you cited examples, like mercy and other existing commercial uses on the island. And ive often wondered about whether or not those existing restaurants, which are great, and i go to them, but i wonder what the proportion of local islanders residing on the island are really using those restaurants and retail versus people who are coming from outside of the island . And just be cognizant i think it would be very important for us to make sure we have retail and restaurants that caters to the island resident
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