RES 231370 - Laserfiche WebLink

Program 12.3:Strive to construct,rehabilitate,and conserve the City's regional share of housing within the Strive toward meeting Pleasanton's share constraints of available of regional housing needs,as defined by The City continues to strive to construct housing within the constraints of available infrastructure,traffic,air By 2023 infrastructure,traffic,air quality,and financial limits.Combined,the City's 2015-2023 quality,and financial limits, the Regional Housing Needs Determination housing sites inventory can accommodate at least 3,243 units. by the conclusion of the (RHND). current Regional Housing Needs Determination period —in 2023. Program 12.4:Work with the Tri-Valley Housing Opportunity Center and Strive toward meeting Pleasanton's share Bay Area Affordable Homeownership Alliance(BAAHA)is the City's current homebuyer employers to develop of regional housing needs,as defined by Meet annually with groups program administrator The City continues to meet regularly as a member of the Tri- partnerships for participating the Regional Housing Needs Determination mentioned in the program. Valley Affordable Housing Committee to help develop strategies to make housing more in programs to make (RHND). affordable to local businesses. housing affordable to their workers. Program 14.1:Preserve for the longest term feasible, rent restricted assisted Preserve for the longest term feasible, projects affordable to restricted units affordable to extremely low-, Ongoing and when units Since 2001,all regulatory agreements have included a provision that the terms shall extremely low-,low-and verylow-and very-low-income households become at risk of converting apply in perpetuity(or for 99 years if restricted due to financing requirements). The City low-income households,and which are at risk of changing to market-rate to market rate. continues to implement this policy on all new projects. provide assistance to retain housing. below-market rate rent restrictions. Program 14.2:Structure future rent-restriction Preserve for the longest term feasible, contract agreements to allow restricted units affordable to extremely low-, Ongoing and when units the City the opportunity to low-and very-low-income households become at risk of converting The City continues to analyze rent-restriction contract agreements as they come in on a purchase or subsidize which are at risk of changing to market-rate to market rate. case-by-case basis.In 2022,no rent-restriction agreements were executed. assisted units at the housing. conclusion of the rent- restriction period.