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PC-2023-09
City of Pleasanton
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PC-2023-09
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6/26/2023 9:54:09 AM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
5/10/2023
DESTRUCT DATE
PERMANENT
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43 | City of Pleasanton 2023-2031 Housing Element <br />posting at public places subject to normal procedures. The objective of this program is to secure <br />available funding required to finance gap funding for affordable housing development. A timeline <br />would be developed on a project-by-project basis as affordable development <br />inquiries/applications are submitted to the City. <br /> Responsible Agency: Housing Division <br /> Time Period: Seek funding annually and when specific development proposals are brought <br />forward <br /> Funding Source: Housing Division Budget, Housing Grants <br /> Quantified Objective: Assist in the development of 100 low-income units over the planning <br />period <br /> Geographic Targeting: Achieve low-income housing units in Racial or Ethnically <br />Concentrated Areas of Affluence (RCAAs) and areas of relatively higher income (i.e., see <br />Appendix F, Figure F-9: Median Household Income) <br /> <br />Program 2.10 <br />Continue to monitor, on an annual basis, forthcoming State legislation and support legislation that <br />seeks to improve and make more accurate and transparent the RHNA process, and that which <br />provides funding, and financial and other incentives to strengthen local jurisdictions’ abilities to <br />meet their fair share responsibilities, while retaining an appropriate degree of local control over <br />land use and planning decisions. <br /> Responsible Agency: Planning Division <br /> Time Period: Ongoing (annually) <br /> Funding Source: Planning Division Budget <br /> <br />Program 2.11 <br />The City will analyze and explore State programs and/or potential public/private partnerships with <br />major employers to acquire existing market rate housing units or develop new housing units to <br />create moderate or workforce housing (available to households with incomes at 80 percent to 120 <br />percent of AMI). Potential programs could include concessions or incentives to large existing or <br />future Pleasanton employers when they agree to construct or fund workforce housing beyond <br />payment of in-lieu fees, and/or collaborations between employers and developers to construct <br />workforce housing. <br /> Responsible Agency: Planning Division <br /> Time Period: Analyze State programs biannually (2024, 2026, 2028, and 2030); Outreach <br />to current and/or future major employers (2025 and 2027)
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