RES 90196 - Laserfiche WebLink

continuing influx of workers and the escalation of land values have generated a demand for smaller homes on smaller lots to meet market demand for housing that is affordable to middle income households. The mix of housing types and densities consequently will shift over the next decade to a greater proportion of attached single family homes (patio homes and townhouses) and multiple family units (condominiums and apartments) at somewhat higher densities. Table IV-2 illustrates the range of housing types and densities found in representative housing projects in Pleasanton. Since 1986, the City has constructed over 2,000 multiple family housing units and increased the proportion of attached units from 27% to 34%, as shown in Table IV-13. In the future, Pleasanton can be expected to maintain this proportion of multiple family housing. At buildout of the General Plan, about 35% of the total housing stock is projected to be attached single family and multiple family units, as shown in Table IV-16. Housing Element policies 1 through 4 contain specific objectives for increasing the diversity of housing types and densities through 1995 and to buildout of the General Plan. Tenure Housing tenure refers to the status of the occupant, whether he or she owns or rents the unit. Housing tenure tends to conform to the type of housing unit - multiple family units tend to be renter occupied and single family units tend to be owner occupied, although there are exceptions. In 1980, the latest date for which accurate data is available, owner occupied units comprised 77% of the housing stock while rental units comprised the remaining 23%. The mix of renter and owner occupied units is difficult to estimate exactly because of single family homes which are being rented and multiple family homes such as condominiums which are owner occupied. In 1980, for example, 9% of single family homes which are traditionally owner occupied were being rented, while 35% of multiple family units, including mobile homes, were owner occupied. Since 1986, the City has approved 2,023 apartment units. Apartment approvals constituted 54% of units constructed during that period (5). In the future, two trends are emerging which may indicate the future of rental and owner occupied housing in Pleasanton. Developers are responding to the market demand generated by office workers seeking rental units in Pleasanton and have constructed several large apartment complexes within and adjacent to business parks. This trend is expected to continue as the City's employment base grows. The City has adopted a condominium conversion ordinance which helps protect tenants in apartments proposed for conversion (6). IV-4