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Page 4 Regarding alternatives for addressing the 20,the following have been discussed recently: •Amend the IZO to remove specific affordability requirements in favor of more generic language indicating the City will use Its"best effort"to obtain rent restricted housing as part of a new development. • The City gives up on the idea of adopting standards and requirements on land zoned for the purpose of providing affordable workforce housing? •Focus on obtaining project amenities,such as computer centers, libraries and recreational facilities that maybe beneficial to lower Income housing. • We should pursue these worthwhile amenities within the context of effective housing policy. They are not a substitute for affordable housing. •Explore the implementation of vacancy decontrol for a specific number of lower income households. • The City gives up on controlling land use to provide affordable housing over time. •Explore potential for providing housing for lower income households without implementing rent restrictions. • Modify the current IZO offsite development and land dedication alternatives to create mixed income neighborhoods rather than buildings. • Prohibit rent restricted units in market rate developments on property zoned 30 units+/acre. • On property zoned 30H-units/acre,restrict contributions from the UHF to qualified nonprofit housing providers in order to assure efficient and transparent use of these limited funds. $UGGESTION FOR DISCUSSION Replace the IZO with a new zoning category: "Nonprofit High Density Residential, Mixed Income"(NHDRMI) All properties the City identifies as suitable for high density residential development (30i-units/acre)in the Housing Element update process would receive NHDRMI zoning.In addition,other property owners not so identified could apply for this zoning on all or a portion of their property.This would be the only HDR zoning available in Pleasanton greater than 23 units/acre. Requirements for developing with NHDRMI zoning would be: - A qualified nonprofit housing provider,hired by the property owner to create a plan for the site. - The nonprofit would provide at least 40%of the site's residential units as affordable to low, very low,and/or extremely low income households on land dedicated by the property owner. - The non-profit lead would select a for-profit developer to build market rate units on the site.At least 40%of the market rate units would be built at the same or greater density than the nonprofit units.