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FINANCIAL STATEMENT There is no direct financial impact related to City Council authorization to submit the Draft Housing Element to HCD. Further comment will be made on this topic at the time the City Council considers rezoning of specific sites. BACKGROUND In October 2010, the City Council confirmed an 11-member Housing Element Task Force with the mission to oversee the update of the City's Housing Element, with a focus on the following: • Provide recommendations on potential sites to rezone to accommodate high density multifamily development sufficient to meet the City's share of the regional housing need; • Address requirements for homeless, transitional and supportive housing as required by State housing law; • Develop a non-discrimination policy and program and otherwise comply with the requirements relating to the Housing Element in the Settlement Agreement in the matter of Urban Habitat v. City of Pleasanton; • Undertake outreach to the Pleasanton community to obtain feedback on housing strategy choices. After nine Task Force meetings, three community workshops, input from housing experts, and extensive community input at Task Force and community meetings, and via e-mail, the Housing Element Task Force recommended a draft list of potential sites for rezoning and goals, policies and programs for the 2007 to 2014 Housing Element. These recommendations were discussed and amended by the Housing Commission and the Planning Commission as described previously. The purpose of the City Council's review at this time is to consider the list of potential sites to be rezoned to multifamily densities, and to review the adequacy and appropriateness of the Preliminary Draft Housing Element Goals, Policies and Programs prior to submittal to the California Department of Housing and Community Development by August 16, 2011. Attachments to this Agenda Report include the Draft Housing Element Background Report (Attachment 1) which includes the data and analysis required by state housing law and the Preliminary Draft Housing Element (Attachment 2) which includes highlights of the background information together with the Goals, Policies and Programs and is formatted to be inserted in the City's General Plan document. DISCUSSION Housing Element Programs: Staffs recommendation to the Housing Element Task Force was to retain many of the programs included in the 2003 Housing Element with adjustments and refinements where necessary. The Goals, Policies and Programs also address legislative mandates enacted since the 2003 Housing Element (related to the provision of emergency shelters, transitional and supportive housing, and housing for Page 3 of 9