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THE CITY OF _t? CITY COUNCIL AGENDA REPORT pLEASANTON. February 13, 2012 Community Development Planning Division TITLE: ELEMENT HEARING: PGPA-17 - CITY OF UPDATE - CONSIDERATION OF A A HOUSING GENERALPLAN AMENDMENT TO ADOPT AN UPDATED HOUSING ELEMENT OF THE GENERAL PLAN FOR THE 2007 — 2014 PLANNING PERIOD SUMMARY Over the last 15 months, the City of Pleasanton has been preparing a new Housing Element of the General Plan which will guide private and non-profit developers in providing housing for existing and future residents. The Housing Element consists of background data and analysis, an inventory of housing sites sufficient to meet the City's share of the regional housing need, and Goals, Policies and Programs which will be implemented over the remainder of the "planning period" (through June 2014). Following the submittal of a preliminary Draft Housing Element to the California Department of Housing and Community Development (HCD) in August 2011, the City received comments regarding additional analysis and background information needed, and changes to goals, policies and programs necessary for the Housing Element to be considered in compliance with state housing element law. The attached Draft Housing Element (Attachment 2) reflects City staff responses to these comments (in redline). The City Council is being asked to consider adoption of the attached updated Housing Element which would replace the General Plan Housing Element adopted on April 15, 2003. HOUSING COMMISSION ACTION On November 17, 2011, the Housing Commission voted 5-0 to recommend approval of the Draft Housing Element as amended. PLANNING COMMISSION ACTION On December 14, 2011, the Planning Commission recommended approval of the draft Housing Element by a vote of 4 to 1 with Chair Narum dissenting with regard to the total acreage of sites recommended for rezoning (not specifically related to the draft Housing Element). FINANCIAL STATEMENT The City Council's action will have no direct financial impact. Any future residential development will pay all required building permit and development fees, and will pay property taxes. However, implementation of the programs identified in the Element will require substantial staff commitment and possibly the need for outside consulting assistance to meet the identified timelines.