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• Kaiser Site (vacant property at 5600 Stoneridge Mall Road); • Sheraton/Marriott hotel site near the West Dublin/Pleasanton BART station (5990 Stoneridge Mall Road); and • Stoneridge Shopping Center At this point, none of these sites are anticipated to be developed in the remaining time within this Housing Element cycle and all of these sites are governed by adopted multi- family design guidelines that still apply. If an existing high density housing site does move forward in this cycle, the developer would have to choose whether or not to pursue the streamlined process (along with all of the requirements listed above). However, in the next RHNA cycle, this option would be available to developers of all high density sites in the new inventory. As part of the next RHNA process, staff anticipates further clarifications to development standards and design guidelines to ensure all standards are in fact "objective," and achieve attractive, livable projects for Pleasanton. In the future, updating the high-density residential standards and guidelines will be suggested by staff as a City Council Work Plan priority. SB 166 (Residential Density and Affordability) Existing "no net loss" provisions in State law require cities to demonstrate that adequate housing sites remain within the local jurisdictions' inventory prior to downzoning sites or approving projects at less density than shown in the adopted Housing Element. In Pleasanton, this "no net loss" analysis and findings were required for the SummerHill Homes project on West Las Positas Boulevard, which was approved as a lower density project (fewer units per acre) than the maximum identified for the site in the General Plan. In that case, the City was able to make the required findings because the overall sites inventory included a "buffer" with slightly more high density housing sites (and related units) than were required to fulfill the City's RHNA. However, SB 166 requires local jurisdictions to demonstrate similar findings for developments not only based on total numbers, but also if a project is approved for different income categories than shown in the adopted Housing Element site inventory. This means when a high density residential project is presented and the applicant does not provide the percentage of affordable units identified for that site in the Housing Element, a new replacement site (or sites) will have to be rezoned for high density residential to maintain the possibility of meeting the income requirements. As part of the next RHNA cycle, staff will consider and present options to Council. One approach will be to simply rezone sites to meet the RHNA number, which will likely lead to the need to continually update the Housing Element and General Plan, as new development permits for housing projects are issued and land uses change. Another approach might be to rezone additional property(ies) or to identify a secondary list of housing sites that can be added to the inventory when and if projects come forward that do not meet the income thresholds in the Housing Element. Other options and strategies are likely to be developed in the coming years. Page 5 of 9