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that the Housing Element does not comply with State law, the court may suspend City authority to issue building permits or grant zone changes. 4th Housing Element Cycle — 2007 -2014 Housing Element The previous Housing Element (2007 -2014) included a comprehensive update which was guided by the Housing Element Update Taskforce. Through extensive community outreach which included 27 Taskforce, Housing Commission, Planning Commission and City Council meetings, the City adopted a comprehensive update to the Goals, Policies and Programs, the Housing Element Background Report and the Housing Sites Inventory in February 2012. This update included rezoning nine properties to allow for high density residential development to meet the City's mandated Regional Housing Needs Allocation (RHNA). Because the City had a very limited housing inventory during the first half of the 4th Housing Element Update cycle, the City's Growth Management Ordinance (GMO) unit allocation number was not evenly distributed through the entire planning period, resulting in a relative surge in residential development approvals at the end of the period. As a result, from the time the Housing Element Update was approved in 2012, until the end of the 4th RHNA cycle on June 30, 2014, the City Council issued growth management allocations to the degree that the City met its RHNA obligation. This is discussed in more detail on page 9 of this report In October of 2013, the City approved the revised GMO for the 5th RHNA cycle, which allows for an annual Growth Management unit allocation of 235 units per year. The current GMO unit allocation became effective for all projects approved after June 30, 2014. All projects approved prior to July 1, 2014 were allocated as part of previous (4TH) RHNA cycle. 5th Housing Element Cycle — 2015 -2023 Housing Element As part of the current Housing Element Update, HCD continues to require each city to demonstrate capacity to meet its revised RHNA affordable housing obligations. Based on State law, the Housing Element Update is required to identify sites to accommodate the City's assigned housing obligation for the review period. The City is only required to demonstrate that it maintains the capacity to accommodate the assigned housing obligations, and is not required to construct the projects. In order to demonstrate sufficient housing capacity, the updated Housing Element includes an updated site inventory of parcels within the City that could be developed with housing to meet the assigned RHNA goals for 2014 -2022. A summary of the inventory table has been included as Table 1. The preparation of an inventory of land suitably zoned to meet the City's housing need and the associated rezonings were a large component of the last Housing Element Update. Based on the existing residential site inventory, the City does not anticipate having to rezone any properties to meet the City's housing needs during the current Housing Element Update. Case No. PI4 -0440, City of Pleasanton Planning Commission Page 2 of 12