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10b
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2022
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050322
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
5/3/2022
EXPIRATION DATE
5/3/2022
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contractors as well as local business enterprises. <br /> • The City has used local, State, and HOME funds to construct and or acquire and rehabilitate <br /> housing units for rental by persons with physical, mental, and developmental disabilities. <br /> • In 1999, Pleasanton helped establish the Tri-Valley Housing Scholarship Program which offers <br /> tenant-based rental assistance to households that are homeless or at risk of being homeless. <br /> Subsidies are provided while the head of household is undergoing job training. Over 90%of <br /> households served are headed by female heads of households, and the majority of clients have <br /> been minority households. This program was recently revamped into the Tri-Valley Rapid <br /> Rehousing Program to assist all income-eligible households. <br /> Discussion <br /> Fundin . One of the significant barriers to affordable housing in Pleasanton and the surrounding region <br /> is the high cost of developing and maintaining affordable housing. The City of Pleasanton will apply <br /> CDBG, HOME, and City Lower Income Housing Funds toward affordable housing projects and programs <br /> in FY 2021-2022. The City will continue to monitor the availability of specialized grants for housing <br /> development and will utilize its Lower Income Housing Fund to finance activities promoting affordable <br /> housing. <br /> Land Costs. The City does not have ownership of any significant parcels of land at the present time. <br /> Therefore,the market cost of land is posing an ongoing constraint to new affordable housing <br /> development in which the City has direct involvement. However,the City has worked and will continue <br /> to work with individual developers and with the owners of large land holdings to attempt to reserve <br /> additional sites for affordable housing development during the five-year Strategic Plan period. The <br /> City's Inclusionary Zoning Ordinance provides the option of land dedication in lieu of providing <br /> affordable housing units. The completion of the Housing Element Update 2015-2023 may provide <br /> additional land ownership opportunities that can be utilized to create new affordable housing. <br /> Housing Development Costs.The City will continue to work to offset the costs of housing development <br /> by waiving certain City fees for affordable rental and ownership housing units and by providing various <br /> types of subsidies through the use of its Lower Income Housing Fund.The example was cited earlier in <br /> this report of extensive fee waivers that have been granted in the past to defray development costs and <br /> promote affordable housing construction. <br /> Community Perceptions of Affordable Housing.A continuing impediment to affordable housing <br /> development is the negative perception of affordable housing held by many members of the public.The <br /> City provides local funds annually to East Bay Housing Organizations(EBHO)to implement an ongoing <br /> program aimed at improving residents' perceptions and understanding of affordable housing. <br /> Annual Action Plan 32 <br /> 2021 <br /> OMB Control No.2506-0117(exp.09/30/2021) <br />
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