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Citizens for a Caring Community <br /> P.O. Box 1781 , Pleasanton CA 94566 <br /> June 6, 2013 <br /> East Pleasanton Specific Plan Task Force <br /> Brian Dolan, Director of Community Development <br /> Janice Stern, Planning Manager <br /> City of Pleasanton <br /> Pleasanton, CA 94566 <br /> Dear Task Force members, <br /> I have reviewed the four plan alternatives from our(apparently)unique perspective of how they may impact <br /> the needs and/or requirements for affordable workforce housing in Pleasanton. For our this analysis I used the <br /> Pleasanton General Plan and California research by the Natelson Company to calculate employee densities, as <br /> well as 2011 work by Economic Roundtable on the nexus between market rate development and demand for <br /> affordable housing. <br /> Using these tools(I'll forward the worksheet in a separate email to follow) shows the potential need for <br /> affordable housing generated by market rate residential development as well as various categories of <br /> employment by income range. When compared against each alternative's capacity to provide Below Market <br /> Rate(BMR)units(optimistically set at 50%of the HDR 30 unit/acre portion of each plan) demonstrates the <br /> growth/need inducing impacts of of the alternatives. <br /> ALTERNATIVE 1 <br /> 0-30%AMI 31-50% AMI 51-80% AMI <br /> BMR Need Generated by: <br /> Market Rate Residential 106 21 35 50 <br /> Retail 59 13 19 27 <br /> Office 277 46 83 148 <br /> Total BMR need 442 80 137 :25 <br /> Potential BMR units 153 <br /> BMR unit deficit 289 <br /> ALTERNATIVE 2 <br /> 0-30%AMI 31-50%AMI 51-80% AMI <br /> BMR Need Generated by: <br /> Market Rate Residential 134 25 39 70 <br /> Retail 59 13 19 27 <br /> Office 335 67 120 148 <br /> Industrial Flex 772 178 252 :42 <br /> Total BMR need 1300 283 430 587 <br /> Potential BMR units 313 <br /> BMR unit deficit 987 <br />