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San Francisco Bay Area Draft Regional Housing Needs Allocation, 4~h Revision I. RHNA Schedule On September 29, 2006; ABAG received approval of a two-year extension for completing the RHNA process from the Department of Housing and Community Development (HCD). The following milestones are consistent with that two-year extension: • November 16, 2006: Adoption of draft allocation methodology by ABAG Executive Board; start of a 60-day public comment period • January 18, 2007: ABAG Executive Board adopts final methodology • March 1, 2007: Determination of regional housing need • July 31, 2007: Release of draft allocations • June 30, 2008: Release of final allocations • June 30, 2009: Housing element revisions due to HCD II. RHNA State Goals & Regional Policy There are four statutory objectives of RHNA. As shown below, these objectives include increasing housing supply, affordability, and housing types; encouraging efficient development and infill; promoting jobs-housing balance; and reducing concentrations of poverty. These objectives are consistent with the Bay Area's regional policies regarding growth. Following the Smart Growth Strategy/Regional Livability Footprint Project that was completed in 2002, ABAG's Executive Board resolved to use these regional policies as the basis for Projections. Since that decision, Projections assumes that, over time, local land use policies will move the region closer toward regional policies. The shift to policy-based Projections has important implications for growth and development in the region. Projections now forecasts more growth in existing urbanized areas and near transit, and less in agricultural areas. This is consistent with the RHNA objectives that call for an increase in the supply of housing, jobs-housing balance, more infill development, protection of the environment, and efficient development patterns. Since the Projections forecast is the basis for the RHNA allocations, these same regional policies will influence how housing units are distributed within the region. RHNA Objectives Regional Policies (1) Increase the housing supply and the mix of • Support existing communities housing types, tenure, and affordability in all . Create compact, healthy communities with a cities and counties within the region in an diversity of housing, jobs, activities, and equitable manner, which shall result in each services to meet the daily needs of residents jurisdiction receiving an allocation of units for low and very low income households. • Increase housing affordability, supply and (2) Promote infill development and socioeconomic choices equity, the protection of environmental and • Increase transportation efficiency and choices agricultural resources, and the encouragement • protect and steward natural habitat, open space, of efficient development patterns. and agricultural land (3) Promote an improved intraregional relationship • Improve social and economic equity August 21107, Page