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5_Exhibit B_Resolution_Attachment 2
City of Pleasanton
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BOARDS AND COMMISSIONS
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PLANNING
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2020 - PRESENT
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2023
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05-10
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5_Exhibit B_Resolution_Attachment 2
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5/4/2023 3:15:58 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
5/10/2023
DESTRUCT DATE
15Y
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A-62 | City of Pleasanton Housing Needs Assessment <br />Figure A-46: Cost Burden by Income Level <br /> <br />Notes: <br />Universe: Occupied housing units <br />Cost burden is the ratio of housing costs to household income. For renters, housing cost is gross rent (contract rent plus utilities). <br />For owners, housing cost is “select monthly owner costs”, which includes mortgage payment, utilities, association fees, insurance, <br />and real estate taxes. HUD defines cost-burdened households as those whose monthly housing costs exceed 30% of monthly <br />income, while severely cost-burdened households are those whose monthly housing costs exceed 50% of monthly income. Income <br />groups are based on HUD calculations for Area Median Income (AMI). HUD calculates the AMI for different metropolitan areas, and <br />the nine county Bay Area includes the following metropolitan areas: Napa Metro Area (Napa County), Oakland-Fremont Metro Area <br />(Alameda and Contra Costa Counties), San Francisco Metro Area (Marin, San Francisco, and San Mateo Counties), San Jose- <br />Sunnyvale-Santa Clara Metro Area (Santa Clara County), Santa Rosa Metro Area (Sonoma County), and Vallejo-Fairfield Metro <br />Area (Solano County). The AMI levels in this chart are based on the HUD metro area where this jurisdiction is located. <br />Source: ABAG 2021 Pre-certified Housing Needs Data (U.S. Department of Housing and Urban Development <br />(HUD), Comprehensive Housing Affordability Strategy (CHAS) ACS tabulation, 2013-2017 release) <br /> <br />Currently, people of color are more likely to experience poverty and financial instability as a result <br />of federal and local housing policies that have historically excluded them from the same <br />opportunities extended to White residents. As a result, they often pay a greater percentage of <br />their income on housing, and in turn, are at a greater risk of housing insecurity. <br />American Indian or Alaska Native, Non-Hispanic residents are the most cost burdened with 40.4 <br />percent spending 30 to 50 percent of their income on housing, and Other Race or Multiple Races, <br />Non-Hispanic residents are the most severely cost burdened with 30.5 percent spending more <br />than 50 percent of their income on housing (see Figure A-47). <br />13%26%33%45% <br />84% <br />7% <br />28% <br />39% <br />35% <br />14% <br />80% <br />46% <br />27%20% <br />0% <br />10% <br />20% <br />30% <br />40% <br />50% <br />60% <br />70% <br />80% <br />90% <br />100% <br />0%-30% of AMI 31%-50% of AMI 51%-80% of AMI 81%-100% of AMI Greater than <br />100% of AMIPercent of Households0%-30% of Income Used for Housing 30%-50% of Income Used for Housing <br />50%+ of Income Used for Housing
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