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and presents a comprehensive set of housing policies and actions between January 1, 2007 and June 30, 2014. As discussed above, prior to the City's consideration and adoption of the updated Housing Element, the City will have completed a proposed General Plan Amendment and rezonings of up to 17 sites within the City for high density residential development. These are the related land use amendment and rezonings included in the proposed project. The following are the project objectives for the 2007-2014 Housing Element and associated General Plan Amendment and rezonings: • Provide a vision for the City's housing and growth management through 2014; • Maintain the existing housing stock to serve housing needs; • Ensure capacity for the development of new housing to meet the RHNA at all income levels; • Encourage housing development where supported by existing or planned infrastructure, while maintaining existing neighborhood character; • Encourage, develop and maintain programs and policies to meet projected affordable housing needs; • Develop a vision for Pleasanton that supports sustainable local, regional and state housing and environmental goals; • Provide new housing communities with substantial amenities to provide a high quality of life for residents; • Present the California Department of Housing and Community Development a housing element that meets the requirements of the settlement agreement; and • Adopt a Housing Element that substantially complies with California Housing Element Law. The CAP is designed to comply with the 2010 Settlement Agreement, meet the mandates of California's Global Warming Solutions Act of 2006 (AB 32), and respect the City's General Plan vision and its goal to become the "greenest" city in California. The CAP provides a roadmap for the City to be proactive in reducing GHGs through a schedule of local actions, designed to enable the City to achieve a 15 percent reduction in GHGs below 2005 levels by 2020. The CAP includes strategies and measures for reducing GHG emissions associated with transportation and land use, energy consumption and generation, water use and wastewater treatment, and solid waste disposal. The following are the project objectives for the CAP: • Provide a vision for the City's sustainable development through 2025 while preserving the City's character;