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Dont know i will talk with maria what could be agendized if something has to be done about that in november but i am certain we have to see how much because we have to have something to back that up. If we dont have something we can rely on the revenue stream in my mind to pass the budget we have to say okay if that doesnt happen heres some ideas about what we can do, but i dont know. Its going to be a big number in any event and going to be conceptual and i dont know that the project can be adjusted to that extent at this point. Okay. Call the next item. Next item. Item 13 is authorizing the ...

Good afternoon. Were going to get started. This is the meeting of the city and School District select committee, for thursday, september 24th. Im the chair and supervisor kim will be joining us shortly. She is in another meeting. So i want to acknowledge the clerk, who is covering todays meeting is Derrick Evans and i also want to let you know that sfgtv staff Charles Kremenak and jenn lowe are covering todays meeting and the recordings will be available to the public. So any announcements, mr. Evans . Thank you, mr. Chair. Please make sure to silence all cell phone and electronic devices. And...

Developing over the next 20 years theres a thousand of those units in the pipeline about 50 units a year in addition, we expect this is depending on how the developers build about one hundred 50 to two hundred in the inclusionary pipeline. So are you sure. Yes. I know that mr. Lee and i have discussed this during the last budget season in june or july had dialog is it 2 hundred units a year its inclusionary plus ocii . Or is that no, thats just the inclusionary its about one hundred and 50 to two hundred per year. And how many from ocii. About 50. So its 2 hundred and 50 a year between inclusi...

Those are the units under my monitoring and they range up to one hundred and 20 percent ami but the limit is 65 percent ami. Say that slower. Its priced at 55 percent but the income limit is 60 percent so, you know, the household can go 5 percent more than the affordable limit. For this conversation for folks listening at home define ami. Area meaning income evaluated for the metropolitan area so for lets see for when we say its the income limit in a bmr is 60 percent medium income for a Single Person thats 4,000 plus a year. Thats their annual income. If im single and making 40 thousand thats...

By Developers Private developers as opposed to the one hundred percent of affordable units are constructed by the partners their constructed with little or no cost to the city and not directly induced subsidize we monitor those in 6 separate programs and as i said theres over one hundred and 40 units. How many are in the pipeline to be added to the 4 thousand . Well, if you include the units that the ocii are developing over the next 20 years theres a thousand of those units in the pipeline about 50 units a year in addition, we expect this is depending on how the developers build about one hun...