Laserfiche WebLink
<br />Affirmatively Furthering Fair Housing City of Pleasanton | F-45 <br />Table F-10: Housing Tenure by Race/Ethnicity in Pleasanton (2019) <br />Pleasanton <br />Race/Ethnicity <br />Ownership Rate Indexed <br />to Population <br />Renter Occupied Units Owner Occupied Units Total <br />Occupied <br />Units Number % of Total Number % of Total <br />White alone, not Latino 30.0% 4,504 51.6% 12,254 60.4% 16,758 <br />Black or African <br />American alone 7.5% 308 3.5% 111 0.5% 419 <br />American Indian and <br />Alaska Native alone 30.9% 26 0.3% 82 0.4% 108 <br />Asian alone 23.2% 2,410 27.6% 6,486 32.0% 8,896 <br />Native Hawaiian/Other <br />Pacific Islander alone 2.3% 109 1.2% 9 0.0% 118 <br />Some other race alone 10.7% 274 3.1% 181 0.9% 455 <br />Two or more races 10.8% 337 3.9% 436 2.1% 773 <br />Hispanic or Latino origin 12.6% 1,045 12.0% 965 4.8% 2,010 <br />TOTAL 8,725 - 20,286 - 29,011 <br />Source: ACS 2019 5-Year Estimates, Table S2502 <br /> <br />Access to Banking or Credit <br />One obstacle to home ownership is lack of access to the first tier of the financial system to obtain <br />banking services and loans. The Federal Financial Institutions Examination Council’s (FFIEC) <br />provides the Community Reinvestment Act (CRA) July 2021 census tract geospatial data provided <br />as CRAMap 2021 (www.ffiec.gov/cra/). Included in the CRAMap 2021 data is the Unbanked Index <br />which provides an estimate of households lacking access to the primary banking system. This <br />index estimates the likelihood of a household will lack both a savings and checking account with a <br />bank, thrift, or credit union. <br />Figure F-25 presents estimates for the percentages of households that lack access to banking and <br />credit from the CRAMap 2021 Unbanked Index. Although these numbers are relatively low across <br />the City (ranging from 0.0 to 2.6 percent), the data indicates the highest rates of such households <br />as occurring in central Pleasanton tracts, around the Downtown. Identifying areas with relatively <br />higher levels of residents without access to the primary banking system can facilitate the process <br />of providing them first-tier financial services. This may aid lower income residents in avoiding a <br />dependency on second-tier services, particularly predatory lenders.