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THE CITY OF 13 CITY COUNCIL AGENDA REPORT PLEASANTON. October 19, 2021 Community Development TITLE: REVIEW AND PROVIDE DIRECTION ON THE DRAFT PRELIMINARY REPORT FOR THE 2023-2031 (6TH CYCLE) HOUSING ELEMENT UPDATE AND HOUSING RELATED POLICY ITEMS TO BE BROUGHT FORWARD FOR FUTURE ANALYSIS AND DISCUSSION SUMMARY Work continues on the 2023-2031 (6t" Cycle) Housing Element Update, which among other components, includes a comprehensive Preliminary Report (titled, Background Report in previous Housing Element cycles). The Preliminary Report includes many of the key Housing Element components required by state law. The project team has prepared the following four sections of the Preliminary Report for review, discussion, and direction by the City Council, included as Attachment 1 to this agenda report: • Housing Needs Assessment • Housing Constraints Analysis • Review of Existing Programs in the Housing Element • Housing Resources This agenda report provides a summary of each of these sections, which are intended to help analyze Pleasanton's housing trends, identify zoning and market constraints, and provide key background information that will help the City consider approaches to meeting housing needs across all income levels, including potential new policies to be brought back for consideration and discussion in the future. Staff is requesting the City Council's input regarding refinements or clarification to these sections of the Preliminary Report. Additional sections of the Preliminary Report and Housing Element will be brought back at future meetings and will include the draft Housing Sites Inventory and the Affirmatively Furthering Fair Housing (AFFH) Assessment. Input is also requested from the City Council on of the range of new or amended policies and programs that should be further studied for potential inclusion in the Housing Element. A preliminary list of such topics is outlined in this report; staff expects to bring forward for more detailed review and discussion in one or more meetings in early 2022. Next steps in the Housing Element update process are also outlined in this report. RECOMMENDATION 1. Receive and provide direction on the draft Preliminary Report for the 2023-2031 (6th Cycle) Housing Element Update; and 2. Receive and provide direction on a list of policy items to be brought forward for future analysis and discussion.