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Page 2 • Page 5.Allocation and Expenditure of the LIHF If the City wishes to pursue partnerships with local businesses,the use of either assessed or voluntary contributions should be dedicated to affordable employee housing construction and related expenses such as land purchases.A change of policy regarding use of the LIHF provides an excellent opportunity to collaborate with the business community on program development with tax and climate benefits. Facilitating the availability of affordable housing will probably accomplish more than$12,150,000 in housing counseling has over the last 27 years. • Page 10.Workforce Housing Definition The adoption of Option#1 provides the most"employer partnership friendly"definition of the population need Pleasanton's affordable housing programs should serve.This implementation focus would also result in the biggest reduction in GHG emissions for both Pleasanton and employers with carbon neutrality goals. • Page 10. Rental vs Ownership I concur with staff on giving rental housing the highest priority. Many of the concerns regarding unit size and opportunities for families can be addressed most effectively by nonprofit development. • Page 10. Partnerships Many Commissioners expressed a desire to include the full range of Pleasanton employers,from restaurants to the PUSD,Stanford ValleyCare, Kaiser,Workday,and Amazon.All are important,but the needs of governmental agencies like PUSD,healthcare organizations,and large for-profit corporations will require different incentives and structures.This is another opportunity for the City to reach out and explore mutual benefits. • Page 13.IZO For Pleasanton,the IZO has proved a cumbersome and ineffective method for providing sufficient affordable units,either for rent or for sale.With the passage of time the City can easily lose track of unit affordability and enforcement in spite of requiring affordability in perpetuity. Nonprofit housing provides permanent affordability and can be developed in a mixed income format. Since so much of Pleasanton's actual employee housing demand falls below 60%AMI,consider a nonprofit IZO model that includes 25%of the units affordable at 80- 100%AMI.This not only helps to make nonprofit development more feasible,but it would ensure the efficient use of LIHF contributions, as well as tax benefits for Pleasanton's business partners. Thank you for your consideration. Sincerely, Pleasanton CA