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preserved through efforts that are currently under way. The data in Table 2 show that low-income households in Pleasanton are highly likely to pay more for housing than they can afford and have other housing related problems. These housing related problems include overcrowding of units, substandard plumbing and electrical, inadequate kitchen facilities, low numbers of affordable units and high rents. The affordability problems facing low income renters in Pleasanton were summarized under the previous Priority and more fully discussed in the Housing Needs Assessment Section. Objectives The objectives presented in this section reflect the broad areas which will be pursued under this priority. Implementation will be contingent on current and projected need, availability of financial and other resources, and regular re-assessment of the proposed objectives and accomplishments. Five Year Obieetives Five Year Goals Performance Measures Preserve existing rental and Maintain and expand the Housing 100 very low and 100 low income ownership housing units affordable Rehabilitation program (currently households will receive housing to extremely low, iow, and moderate administered by Alameda County rehabilitation services over the five- income households through HCD) to increase the number of year period, including an estimated rehabilitation of existing units existing ownership units 50 percent elderly households. through existing and new programs, rehabilitated. Preserve existing rental and Continue to monitor existing rental 100 affordable units will be ' ownership housing units affordable units required to be rented at Below maintained affordable to low and to extremely low, low, and moderate Market Rate (BMR) rent levels very low income households during income households through through City regulatory agreements the five-year period. preservation of existing Below and encourage the extension of Market Rate (BMR) rental existing BMR agreements through agreements, the programs stated in the City's Housing Element policies, including provision of grants and/or technical assistance to management groups and non-profit organizations, tenant groups interested in purchasing their complexes, and other means. Preserve existing rental and Continue to monitor the sale of Existing units (approximately 100) ownership housing units affordable existing PHAP ownership and use plus any new units constructed to extremely low, low, and moderate available means (resale restrictions during the period will be maintained income households through under property deeds or City affordable to very low, low, and preservation of existing Pleasanton acquisition) to ensure that units are moderate income households during Homeownership Assistance Program maintained in the ownership of the five-year period. (PHAP) resale restriction provisions, income-eligible households. Preserve existing rental and Support the efforts of the Housing The number of Section 8 voucher ownership housing units affordable Authority of Alameda County holders will Pleasanton (currently to extremely low, low, and moderate (HACA) to preserve existing approximately 167) will remain income households through Section 8 vouchers for Pleasanton stable or will increase during the preservation of existing rental residents, five-year period. assistance programs. DRAFT - Strategic Plan - FY2005- FY2009 City of Pleasanton Page 11