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The IVS allocates approximately 6,550 more housing units to Pleasanton than assumed in the Pleasanton General Plan. However, it assumes only 3,312 (approximately) more units than will be assumed in the General Plan when the current Housing Element is adopted, and the timeframe for the IVS is 10 years longer than the General Plan. Table 2: Pleasanton General Plan and Initial Vision Scenario Document Housing Units 2007 or 2010 Housing Units 2025 or 2035 Housing Unit Growth Jobs 2010 Jobs 2025 or 2035 Job Growth 2010 -2035 Pleasanton General Plan 25,765 (year 2007) = 29,000 (year 2025) = 3,235 64,260* (year 2010) 76,020* (year 2025) 81,270* (year 2035) 70,158 (year 2035) 17,010 17,383 ABAG & MTC —IVS 24,034 (year 2010) 33,819 (year 2035) 9,785 52,775 (year 2010) Note: *According to the Pleasanton General Plan, this projection based on ABAG's Projections 2007. IVS Modeling Information regarding ABAG's modeling is in Attachment 1. According to ABAG, the current IVS forecast does not take into account many factors that constrain the region's supply of new housing units, such as limitations in supporting infrastructure, affordable housing subsidies, and current market factors. According to ABAG, the IVS is largely designed around places for growth identified previously by local jurisdictions. These places are defined by their character, scale, density, and the expected housing units to be built over the long term. Using "place types," areas with similar characteristics and physical and social qualities, ABAG asked local governments to identify general development aspirations for areas within their jurisdictions. These places were mostly the PDAs already identified through the FOCUS program (such as Hacienda Business Park, which is a potential PDA). They also included additional Growth Opportunity Areas (GOAs), some similar to PDAs and others with different sustainability criteria. IVS Measured Against Performance Targets The IVS results in a 12 percent per capita greenhouse gas emissions reduction from personal -use vehicles in 2035, compared to a 2005 base year. This reduction falls short of the region's state - mandated 15 percent per capita greenhouse gas emissions reduction target. MTC and ABAG adopted a set of Plan Bay Area performance targets to describe in specific, measureable terms the regions' commitment and progress toward the three "E" principles of sustainability (Economy, Environment, and Equity). According to ABAG and MTC, the IVS meets several regional targets, including: accommodating all projected housing need by income level; reducing the financial burden of housing and transportation on low- income households by providing more affordable housing; and housing the majority of new development within existing urban cores, much of which is located close to services, amenities, jobs, and transit. Page 6 of 7