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So the consequences, madam president , of failing to raise the debt ceiling are crystal clear. Interest rates on middleclass expenses like home mortgages, and Student Loans shoot up. Housing markets, automobile markets and others decline, many are laid off. And then others are laid off in a cyclical cycle. As most cycles are. The dollar will lose its value, making everyday purchases more expensive and the federal Government Faces terrible choices about who to pay, seniors, veterans, military, creditors. To risk these consequences would be a terrible mistake. So in conclusion, madam president ,...

Neighborhood. We have other ideas that we would like to add to this that are not part of them now, and one is to use the entire cni neighborhood, but that hasnt been act senned kwraoet. Accepted yet, but im not giving up. Those are not things we can put into this particular at this particular time, but i think its something it should be explored and addressed and we are going to do as aggressive outreach as we can, but as you know the numbers of African Americans when you open Senior Housing, they just dont meet it in the lottery and if youre trying to prioritize is neighborhood it makes it ve...

Board approves this item then itll be sent to department of finance for its approval and will be able to execute the ground lease. Staff will start the bond issuance process with the board of supervisors in november and finish in december. They will finish the ground lease early next year after the board of finance approves the disposition of the ground lease and financing will close no later than march and once financing closes construction can begin. In the winter of 2014 marketing plan will be submitted and it will be reviewed by ocii and mohcd staff. Marketing will begin in summer of 2015....

Itll be sent to department of finance for its approval and will be able to execute the ground lease. Staff will start the bond issuance process with the board of supervisors in november and finish in december. They will finish the ground lease early next year after the board of finance approves the disposition of the ground lease and financing will close no later than march and once financing closes construction can begin. In the winter of 2014 marketing plan will be submitted and it will be reviewed by ocii and mohcd staff. Marketing will begin in summer of 2015. In the fall of 2015 it will r...

Board of finance approves the disposition of the ground lease and financing will close no later than march and once financing closes construction can begin. In the winter of 2014 marketing plan will be submitted and it will be reviewed by ocii and mohcd staff. Marketing will begin in summer of 2015. In the fall of 2015 it will receive its the development should have 95 percent occupancy and finally by the winter of 2016 the developer will have closed the project and the loan, land will have transferred to the office of community development. That concludes my presentation. Id like to introduce...