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Pleasanton is a net importer of workers forjobs at all wage levels, although this is most pronounced for lower -wage jobs. Only 8% of people employed in Pleasanton also live in Pleasanton, which can contribute to traffic congestion. • Over 70% of Pleasanton's housing stock is single-family (attached and detached); however, multi- family housing of five or more units has experienced the most growth over the last decade. A variety of housing types is important to meet the needs of all members of the community. The largest proportion of Pleasanton's housing units was built between 1980 and 1999, and only about 6% were built before 1960. While this represents a more recently -built housing stock compared to the county, aging housing units can reflect poorer living standards and higher repair costs. Housing Constraints Assessment City policies and regulations, such as the Zoning Ordinance, and factors outside of the City's control affect the quantity and type of residential development that occur in Pleasanton. The following summarizes key governmental and nongovernmental constraints to housing development. For more detail, please see Appendix C. Governmental Constraints • Subjective design guidelines and findings for approval, while not temporarily applicable to multi- family projects due to State law (SB 330), could result in uncertainty for developers and a longer permit review process in the future. The City is currently preparing objective design standards for residential and mixed-use projects. Pleasanton makes extensive use of Planned Unit Development (PUD) zoning to provide flexibility from conventional zoning standards to ensure a comprehensive and inclusive development review process. Although City Council approval is required, projects with higher overall densities, exceptions to standards that achieve a more desirable project, and a greater number of affordable units have been approved through the PUD process than would have been possible through conventional zoning standards. Objective design standards currently being prepared will apply to residential and mixed-use projects and result in a non -discretionary PUD process consistent with the Housing Accountability Act. • Certain zoning provisions will need to be updated to comply with state law (e.g., allow Low Barrier Navigation Centers where residential is allowed (AB 101), allow qualifying supportive housing by - right where residential is allowed (AB 2162), increase density bonus up to 50% (AB 2345), etc.). Nongovernmental Constraints Economic conditions in Pleasanton reflect a competitive housing market for both for -sale and rental housing. 2 1 City of Pleasanton Preliminary Report 1 6th Cycle Housing Element