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02 ATTACHMENT 2
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2023
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012623 SPECIAL
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02 ATTACHMENT 2
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1/20/2023 5:43:46 PM
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1/20/2023 5:26:34 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
1/26/2023
DESTRUCT DATE
15Y
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\CITY CLERK\AGENDA PACKETS\2023\012623 SPECIAL
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F-34 | City of Pleasanton Affirmatively Furthering Fair Housing <br />Figure F-18: HUD Low Transportation Cost Index <br /> <br />Source: HUD Geospatial Data <br />F.4.5 Disproportionate Housing Needs <br />Overpayment <br />HUD defines overpayment, or “housing cost burden”, as households paying 30 percent or more of <br />their gross income on housing expenses, including rent or mortgage payments and utilities. <br />Housing cost burden is considered a housing need because households that overpay for housing <br />costs may have difficulty affording other necessary expenses, such as childcare, transportation, <br />and medical costs. <br />Approximately 30 percent of residents rent. In Pleasanton, the largest proportion of rental units is <br />in the $2,000-$2,500 category. According to the Alameda County AI, the annual wage needed to <br />rent average housing unit in the County is $93,000. The cost of housing represents a significant <br />challenge for the local workforce, particularly those in lower-wage jobs, many of whom will become <br />cost burdened if they both live and work in the city. The percentage of renter households <br />experiencing overpayment is shown in Figure F-19, with over 40 percent of renter households
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