SUPPLEMENTAL MATERIAL - Laserfiche WebLink

Citizens for a Caring Community P.O. Box 1781 , Pleasanton CA 94566 SUPPLEMENTA a WIA�o13 Mayor Jerry Thorne Provided to the City Council Pleasanton City Council After Distribution of Packet Re: Agenda Item 12 4d nd(77 �fl6"t Date /! ` /! ��/`��J Dear Mayor Thorne and City Council members, 9�9�3 �ve / Before you agree to move commercial development entitlements from the residentially developed parcels in Hacienda to other parcels within the business park, you should consider the impacts on Pleasanton in terms of covering the need this commercial development would create for affordable housing, and how we have fared in terms of meeting our identified needs and requirements to date. Rezonings and residential approvals in Hacienda have, so far, already created more demand for affordable housing than they can mitigate on their sites. Realizing an additional 900,000 square feet of commercial development only makes the problem more difficult to solve, and will discourage Pleasanton's commercial property owners from participating in a solution, along with the other stakeholders in the City. To understand the problem, review Pleasanton's progress on housing so far: The City Council zoned 9 properties at 30 units/acre to accommodate Pleasanton's affordable housing needs as determined by the Regional Housing Needs Assessment (RHNA) for 2007 to 2014. Based on Pleasanton's jobs/housing imbalance and plans for future jobs growth, RHNA identified a need for 1,076 housing units of housing affordable to families earning below 50% of the Area Median Income (AMI) in Alameda County (about $40,650 for a 3 person household), 1,599 housing units for families earning below 80% AMI (about $58,000 for a 3 person household), and 720 housing units for moderate income families earning 81- 120%AMI (about $59,000-$97,500 for a 3 person household). This Moderate Income category is considered served by all market rate units in 30 unit/acre apartment complexes. Of these 9 properties, the Council approved 4 projects this year. from a total 1,028 units approved, only 125 units, or about 12% are for families earning below 50 and 80% of the Area Median Income (AMI) in Alameda County. These units consist of 71 units affordable © 50% AMI, 16 units affordable © 60% AMI, and 38 units affordable © 80%AMI. In addition, the 76 affordable (@50% AMI)from the 506 unit BRE Hacienda project (approved last year) should be added to the number of affordable units, for a total of 147@ 50% AMI. The City's success in securing a higher percentage of more deeply affordable units is to be applauded. However, the number of affordable units provided using the Inclusionary Zoning approach makes only a small dent in actual number of units needed to serve Pleasanton's workforce through 2014. Furthermore, the market rate units create an additional need for below-market-rate affordable units that is greater than what these developments provide using the IZO approach. The IZO method also produces far more moderate income units than Pleasanton needs, which wastes limited land resources. Approvals as of September 2013: Affordable + market rate units approved on land zoned 30 units/acre for affordable housing: 1,534 Combined RHNA identified need for Very Low (includes Extremely Low), Low, and Moderate Income units: 3,395 Affordable BMR units built: 0