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Basis for Relative The need for affordable rental housing in Alameda County has increased Priority dramatically in the past ten years. The need for truly affordable units targeted to low,very low,and extremely low income households far exceeds the supply of affordable rental housing in the Alameda County HOME Consortium. The Alameda County HOME Consortium Housing Needs Analysis indicates that the majority of low income rental households (earning 80 percent or less of the Area Median Income,or AMI)spend more than 30%of their incomes on housing costs. Affordable housing is in short supply throughout the county. Very' high cost housing markets reduce the supply of affordable housing even further. During the past several years,the effect has been exacerbated by increased competition in the rental market due from former homeowners who have been displaced due to foreclosure. As rents increase,subsidies in rental assistance programs also , increase,which results in a reduction in the number of persons that can be-served in these programs. 2 Priority Need Housing Preservation Name Priority Level High Population Extremely Low / Low i Large Families Families with Children Elderly Public Housing Residents'2 Chronic Homelessness, Individuals Families with Children 'Victims of Domestic Violence Elderly Frail Elderly Persons with Mental Disabilities Persons with Physical Disabilities Persons with Developmental Disabilities Victims of Domestic Violence Geographic Areas Affected Associated Preservation-Rental Goals Preservation-Owner Consolidated Plan PLEASANTON 33 OMB Control No:2506-0117(exp.07/31/2015)