CM Brewer on insurance versus Milford program and AI training

Thank you very much.

On the insurance, I mean, may he rest in peace, Dick Ravitch and now John Crotty, they have the Milford program.

Why are we not just using that insurance, which is supposed to be for affordable housing?

I think we believe that

Having it be a city-backed creates efficiencies that the private sector can't benefit from, which is the overhead and the profit margin as well as the cost of capital.

I think Milford did have, but it was not successful.

So we came in and came up with a solution with city capital.

Okay, I'd like to hear more about that.

Oh, see, tax levy, sorry, not capital.

I want to hear more about that from John, but okay.

The other question I have is just in terms of AI.

I know you heard about it from the speaker, but what, I mean, I'm supportive generally, but I know that the person who's doing most is David Greenfield, who has a large nonprofit.

Working with people who are trying to get food, and he trains every single Friday.

He has a massive training for his employees on AI mandated.

So my question is, what are we doing as a city to try to do something similar?

so that people are part of the solution and not left behind.

Yeah, I think this is something, AI is something that we are keeping a close look at.

We do have at EDC some programs, probably not on the scale that would be incredibly impactful, but we do have some library programs that are educating people to get to communities through the libraries.

We have AI Nexus, which is helping some small businesses.

Can learn about AI and how it impacts their businesses.

So we are doing some of that, but it's something that we need to keep a close watch on and dynamically.

So you don't have any training money to do what David Greenfield's doing for Met Council?

We don't have that right now.

Okay.

In terms of specific issues,