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03 ATTACHMENTS
City of Pleasanton
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CITY CLERK
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AGENDA PACKETS
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2010
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051810
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03 ATTACHMENTS
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5/13/2010 11:55:20 AM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
5/18/2010
DESTRUCT DATE
15 Y
DOCUMENT NO
03 ATTACHMENTS
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Continue to provide support to non profit, community -based housing developers and service <br /> providers. <br /> Promote joint development with other governmental or quasi governmental agencies to <br /> implement community development programs (as exemplified in the recent collaborative <br /> acquisition and rehabilitation of the Sojourner House shelter facility and the establishment of the <br /> Tri- Valley Housing Opportunity Center). <br /> MATCHING PLAN <br /> The matching requirements of HUD programs will be satisfied primarily through the use of City <br /> Lower Income Housing Funds, where needed, or through funds provided by non profit agencies <br /> which are the sub recipients of HUD funds allocated to the City. The matching requirement is <br /> included in City application forms for federal funding used for sub recipients and the requirement is <br /> ensured throughout the project review and approval process. <br /> PUBLICLY OWNED LAND <br /> The 7.4 -acre parcel of land on Case Avenue where "The Promenade" apartment project was recently <br /> completed was provided by the City through a long -term ground lease. The property had an <br /> appraised value of approximately $2.2 million at the time of construction. In 2006, the City <br /> contributed (through a similar ground lease) an additional 3.6 -acre site on Sunol Boulevard valued at <br /> approximately $3.5 million for the construction of the Parkview assisted care facility for seniors. <br /> This property was estimated at that time to have a value of over $3.5 million. In 2004, an agreement <br /> was reached in which the City acquired 318 acres of land from the 500+ acre Bernal property south <br /> of the Alameda County Fairgrounds. These lands are designated for "public uses," and a citizens <br /> task force developed a plan for utilizing the property. A voter initiative approved 581 housing units <br /> on the other 200 acres of the Bernal property, including 87 below market rental and ownership units. <br /> The potential for accommodating additional affordable housing was removed through the passage of <br /> "Measure V" in November 2002. However, the acquisition of these 318 acres may still provide the <br /> City with some limited options to consider additional housing development should future conditions <br /> and community needs warrant. The City also identified in its most recent Housing Element update a <br /> list of parcels that have the potential for future affordable housing development. Prominent among <br /> these are several sites within the Hacienda Business Park that may be ready for redevelopment for <br /> work force housing following recent approval of the updated General Plan with revised land use <br /> designations. This may also provide future opportunities for public ownership of land to promote <br /> affordable housing. <br /> Action Plan FY10 <br /> City of Pleasanton <br /> Page 13 <br />
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