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THE CITY OF IN - A a 11 isiGcJAu �i::� 7 A A PLEASANTON. 12 CITY COUNCIL AGENDA REPORT January 18, 2022 Community Development TITLE: REVIEW AND APPROVE POTENTIAL SITES TO BE CONSIDERED FOR FUTURE REZONING TO ALLOW RESIDENTIAL DEVELOPMENT AND FOR INCLUSION IN THE ENVIRONMENTAL ANALYSIS AND AS PART OF THE SITES INVENTORY FOR THE 2023-2031 (6TH CYCLE) HOUSING ELEMENT UPDATE SUMMARY Work is proceeding on the 2023-2031 (6t" Cycle) Housing Element Update, which among other components will include an updated inventory of sites that can accommodate the City's Regional Housing Need Allocation (RHNA). Based on a preliminary evaluation of the capacity of existing sites that are zoned for residential development, there is a need to identify additional locations for future re -zoning to allow for residential use, including sites suitable for both lower-income and market -rate housing. Staff has prepared an initial list of potential housing sites, analyzed each site, and calculated the estimated yield of units for each site based on a specified preliminary range. Each site has been provided a rank and score based on the previously -approved site selection criteria. In addition to these quantitative criteria, more qualitative aspects such as likelihood/suitability for development, geographic distribution, and "fit" with community input to date on preferred types and locations for housing development are analyzed and presented in this report. The sites and sites analysis were presented to the Housing Commission for comments, and to the Planning Commission for a recommendation to City Council at meetings in November and December 2021. A Community Meeting was also held in December to receive public input on the potential sites. The input received at these meetings, and the Planning Commission's recommendation are summarized in this agenda report for City Council consideration. RECOMMENDATION Review and approve potential sites to be considered for future rezoning to allow residential development and for inclusion in the environmental analysis and as part of the Sites Inventory for the 2023-2031 (6t" Cycle) Housing Element Update. FINANCIAL STATEMENT There is no financial impact anticipated as a result of this initial discussion. The majority of the cost to prepare the Housing Element Update is covered by approved grant funding (LEAP and REAP grant programs), with the remainder to be paid by the Lower Income Housing Fund, as approved in conjunction with the professional service agreements authorized by the City Council on March 16, 2021.