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CFI FBRA i1NG YLALS <br /> RP RI" <br /> b;4101111 I <br /> re- <br /> PLEASANTON <br /> CHAMBERof <br /> 1____E® <br /> April 12, 2022 <br /> Mayor Karla Brown and Councilmembers <br /> City of Pleasanton <br /> P.O. Box 520 <br /> Pleasanton, CA 94566 <br /> RE: Workforce Affordable Housing California Statewide Community Development Authority Joint <br /> Powers Authority(CSCDA) <br /> Dear Honorable Mayor and Councilmembers: <br /> Please consider this letter as the Pleasanton Chamber of Commerce's enthusiastic support of the City of <br /> Pleasanton joining the CSCDA Workforce Affordable Housing JPA. <br /> Our June 2021 letter and support for this program is even greater now that the only possible obstacle <br /> for the City;the property tax take, has now been taken off the table, enabling only a positive outcome <br /> for the City and the residents that will benefit from this program.This is truly a step forward for the <br /> working people of Pleasanton and their employers. <br /> Future projects that are purchased under this JPA will provide significant benefit to the entire <br /> Pleasanton community. The benefit it will provide the middle-income workers and residents of our <br /> community,while also providing a significant long term economic upside to the city is very compelling. <br /> It is rare that we see an opportunity of this scale while adding no liability to the city. <br /> We hope that you will proceed immediately with membership in the JPA,the first step in providing <br /> these benefits to the community. <br /> Sincerely, <br /> Steve Van Dorn <br /> President/CEO <br />