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08
City of Pleasanton
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CITY CLERK
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2020
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3/12/2021 1:29:20 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
10/20/2020
DESTRUCT DATE
15Y
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ATTACHMENT 1 <br /> run the numbers. He agreed with Commissioner Gaidos' comments and thought running the <br /> numbers would provide needed information for the Commission to consider. Mr. Hernandez <br /> noted that Option 3 would be layering with the AC Boost Program. <br /> Commissioner Welsh commented on equity share programs in the private sector and wondered <br /> if something similar could be considered. She was advised that Alameda County would not <br /> consider taking a subordinate position. <br /> Chairperson Soby discussed the Affordable By Design concept and thought this might work if <br /> the numbers had been reworked. <br /> Mr. Dolan discussed the possibility of moving forward with the East Side Plan that could include <br /> smaller homes. <br /> Commissioner Duggan felt it would be worth looking into increasing loan amounts. <br /> Chairperson Soby asked about next steps, and Mr. Dolan advised that staff will work with <br /> different scenarios to put together additional information for consideration by the Commission. <br /> Commissioner Gaidos felt it was important to look at lower-cost homes and providing $150,000 <br /> towards down-payments. <br /> Mr. Hernandez advised that Mr. Warner will provide City staff information on how the lottery <br /> system works. <br /> Page - 4 - <br />
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