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According to our brochure"Below Market Rate Apartments in Pleasanton' <br /> we have: <br /> 660 senior apartments <br /> 444 below market rate apartments <br /> 4879 market rate apartments <br /> 5983 total <br /> or <br /> 11%senior apartments <br /> 7.4%non-senior apartments <br /> Assuming for the moment that seniors are not working,only 7.4%of <br /> apartments are available to Pleasanton's lower income workforce. <br /> Figure 1 on page 3 of the staff report shows that at least 55%,or 33,073 jobs, <br /> and likely many more,earn less than 100%AMI.Our 444 units barely make <br /> a dent in the need. <br /> I could not find any statistics for deed-restricted,for-sale,affordable units. <br /> How many are there in Pleasanton and at what income levels?I low are they <br /> tracked? <br /> 6. Partnerships with Key Local Employers <br /> Eliminate the word"key". Why limit us?Perhaps Workday would like to <br /> convert some of their office space to employee housing. Any business might <br /> be willing to participate.The Chamber could help facilitate this"Tool". <br /> 7. Crunch the Numbers <br /> Compare RHNA required housing units by category to our workforce needs <br /> by category to assure that our Toolbox can facilitate both. <br /> 8. Enlist Non-Profit Housing Developers <br /> Work pro-actively with non-profit housing developers to help create an <br /> affordable housing mix and to locate funding. <br /> Inclusionary housing will never meet our need. 20%of the total RHNA <br /> number of 5,965 is 1,193.It is certainly a large number,but very short of our <br /> total of 3652 for Extremely Low,Very Low,Low and Moderate. <br /> We need 100%affordable housing sites and only non-profit housing <br /> developers can deliver that. <br /> 9. Use LIHF to Purchase Land <br /> This is how affordable housing non-profits work. With"free"land they can <br /> find funding for building.I recently sent you an article about how Fremont <br /> uses their LIHF for this. <br /> 10.The"Sportono Policy" <br /> Require,or encourage with incentives,developers to both include ADUs and <br /> pay into the LIHF on large lot developments. <br /> 2 <br />