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21b
City of Pleasanton
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CITY CLERK
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2014
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050614
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21b
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
5/6/2014
DESTRUCT DATE
15Y
DOCUMENT NO
21B
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to assist landlords in removing accessibility barriers to expand rental opportunities for persons <br /> with physical disabilities..In addition,the City has used local,State,and HOME funds to construct <br /> and or acquire and rehabilitate housing units for rental by persons with physical, mental, and <br /> developmental disabilities. <br /> • In 1999, Pleasanton helped establish the Tri-Valley Housing Scholarship Program which offers <br /> tenant-based rental assistance to households that are homeless or at risk of being homeless. <br /> Subsidies are provided while the head of household is undergoing job training. Over 90% of <br /> households served are headed by female heads of households,and the majority of clients have <br /> been minority households. <br /> • The City collaborated with other Tri-Valley jurisdictions to establish the Tri-Valley Housing <br /> Opportunity Center(TVHOC)which opened in 2005.The TVHOC functions as a "clearing house," <br /> initially for ownership programs and ultimately for a continuum of housing assistance of <br /> different types. Now in its ninth year of operation, the TVHOC recently started providing <br /> important resources in response to the increased frequency of loan defaults and foreclosures. <br /> Discussion <br /> Funding. One of the significant barriers to affordable housing in Pleasanton and the surrounding region <br /> is the high cost of developing and maintaining affordable housing. The City of Pleasanton will apply <br /> CDBG, HOME, and City Lower Income Housing Funds toward affordable housing projects and programs <br /> in FY 2014. The City has also monitored the availability of specialized grants for housing development <br /> (e.g., State DDS-R and HELP). The City will also continue to utilize its Lower Income Housing Fund <br /> (supported through payment of the Lower Income Housing Fee by developers) to finance activities <br /> promoting affordable housing. <br /> Land Costs.The City does not have ownership of any significant parcels of land at the present time(with <br /> the exception of the 03 acre site that is planned to be used as part of the Kottinger Gardens <br /> development). Therefore, the market cost of land is posing an ongoing constraint to new affordable <br /> housing development in which the City has direct involvement. However, the City has worked and will <br /> continue to work with individual developers and with the owners of large land holdings to attempt to <br /> reserve additional sites for affordable housing development during the five-year Strategic Plan period. <br /> The City was recently successful in negotiating 15 percent set-asides of affordable housing units in <br /> several new rental apartment developments. The adoption of an Inclusionary Zoning Ordinance in late <br /> 2000 has yielded positive results in the form of discussions of possible land dedication in lieu of builders • <br /> providing affordable housing units, although the strength of inclusionary requirements has been <br /> challenged by recent legal actions. The completion of the updated Housing Element in 2012 (and the <br /> current update for 2013-2015) may provide additional land ownership opportunities that can be utilized <br /> to create new affordable housing. <br /> Housing Development Costs.The City will continue to work to offset the costs of housing development <br /> by waiving certain City fees for affordable rental and ownership housing units and by providing various <br /> types of subsidies through the use of its Lower Income Housing Fund. The example was cited earlier in <br /> this report of extensive fee waivers that have been granted in the past to defray development costs and <br /> promote affordable housing construction. <br /> Annual Action Plan 30 <br /> 2014(DRAFT) <br /> OMB Control No:2506-0117(exp.07/31/2015) <br />
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