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Objectives The objectives presented in this section reflect the broad areas which will be pursued under this priority. Implementation will be contingent on current and projected need, availability of financial and other resources, and regular re- assessment of the proposed objectives and accomplishments. Five Year Objectives Five Year Goals Performance Measures Provide Minor Home Repair Maintain and expand the Housing 50 very low and 50 low income assistance to low and moderate Rehabilitation program (currently households will receive housing income homeowners in order to administered by Neighborhood rehabilitation services over the five maintain and preserve their housing. Solutions) to increase the number of year period, including an estimated existing ownership units 50 percent elderly households. rehabilitated. Promote the preservation of existing Continue to monitor existing rental 40 affordable units will be owner housing stock occupied by units required to be rented at Below maintained affordable to low and low and moderate income Market Rate (BMR) rent levels very low income households during households. through City regulatory agreements the five -year period. and encourage the extension of existing BMR agreements through the programs stated in the City's Housing Element policies, including provision of grants and/or technical assistance to management groups and non -profit organizations, tenant groups interested in purchasing their complexes, and other means. Promote the preservation of existing Continue to monitor the sale of Existing units (approximately 90) rental housing stock occupied by low existing PHAP ownership and use plus any new units constructed and moderate income households. available means (resale restrictions during the period will be maintained under property deeds or City affordable to very low, low, and acquisition) to ensure that units are moderate income households during maintained in the ownership of the five -year period. income eligible households. Use all resources available to Support the efforts of the Housing The number of Section 8 voucher preserve restricted or subsidized Authority of Alameda County holders will Pleasanton (currently housing that could potentially opt (HACA) to preserve existing 162) will remain stable or will out or expire; in order to keep units Section 8 vouchers for Pleasanton increase during the five -year period. affordable. residents. GEOGRAPHIC DISTRIBUTION Except where a specific location is indicated, all of the programs listed above will be available throughout the City of Pleasanton. Strategic Plan FY2010 FY2014 City of Pleasanton Page 12