Laserfiche WebLink
decided that when it does development, it wants to have a certain percentage offered at <br />a lower rent, and that is something that every development has an obligation to do, <br />including this one. He noted that this project has not yet begun the dialogue for it <br />Housing Agreement, but the IZO, portions of which have been challenged in court, <br />really becomes a negotiation. He indicated that the City's current goal is to have <br />15- percent affordable, and that can be at various levels of subsidy. He explained that <br />there are really three levels: very-low -, low -, and moderate - income, and the 15 percent <br />is split between those various levels. He then referred to Ms. Stern for information on <br />the rent. <br />Ms. Stern stated that the median income for the area is around $80,000, and the <br />very-low income level would be about 50 percent of that or around $40,000; the rental <br />rates would be about 30 percent of the income level. <br />Mr. Dolan stated that staff will provide more data on that as the project comes forward. <br />With respect to the terms of the unit sizes, he indicated that the other thing that the City <br />has to do as part of the process is that when the City had the State review and certify its <br />Housing Element, the City had to do a housing needs analysis and determine what is <br />not being provided to the community. He noted that this is a fairly extensive analysis, <br />and part of the conclusion was that Pleasanton does not have larger apartment units <br />that would serve a family. He explained that this would be a family that is not in a <br />position to purchase a home, but there are a couple of children and the family really <br />needs a three - bedroom unit. He indicated that there is plenty of need for one - bedroom <br />units, and if this project were entirely one - bedroom, it would rent quickly but it would not <br />necessarily serve a need for the community that has been identified in the City's <br />Housing Element. <br />Discussion Points: <br />A: Would the Planning Commission support the exceptions noted above if the <br />project were to move forward as proposed? <br />Commissioner Allen stated that with respect to parking, if the adjacent property owner <br />does support the plan, she is fine with the plan for the carports; however, if the adjacent <br />property owner does not support it, then she would not be fine with it and the <br />Commission would need to go over the parking issue. <br />Commissioner Allen stated that she is fine with the roadway without knowing much <br />about what the traffic impact is and how busy it is. She indicated that on the surface, it <br />seems okay to have a narrower alley. <br />Commissioner Olson indicated that he agreed with Commissioner Allen on both items. <br />Commissioner O'Connor stated that he also agrees with both items. He added that if <br />the property owner to the west would agree, he really does think that the carports would <br />take up the same space as open parking but would certainly enhance the project and <br />PLANNING COMMISSION MINUTES, September 11, 2013 Page 19 of 27 <br />