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The applicant is requesting an amendment to the previously approved Development Agreement to reflect the current proposal. The Development Agreement process requires that the Planning Commission provide a recommendation to the City Council for action. Staff supports the proposed development agreement and believes that the Planning Commission should provide a positive recommendation to the City Council. The Draft amendment to the previously approved Development Agreement is attached as Exhibit B. 6. Growth Management In March 2014, the City Council approved a Growth Management Agreement for the then proposed 177-unit apartment development. As stated in Section 17.36.100 of the Pleasanton Municipal Code, a modified project that has already been granted allocations can keep those older allocations. Therefore, no new growth management is needed for the current proposal. Regional Housing Needs Allocations (RHNA). California Code Section 65863 states that each city shall ensure its housing element inventory described in its housing element program to make sites available to accommodate its share of the regional housing need throughout the planning period. In February 2015, the City Council approved a General Plan Amendment to adopt the 2015-2023 General Plan Housing Element. As part of the Housing Element update, State Department of Housing and Community Development (HCD) continues to require each city to demonstrate capacity to meet its revised RHNA affordable housing obligations. Per HCD guidelines, vacant/underutilized sites with a density of 30 units per acre or greater are considered inventory for the construction of very low- and low-income housing; permitted and approved sites with a density of 30 units per acre or greater are considered inventory for the construction of moderate-income housing; and lower density single-family residential sites are considered inventory for the above moderate-income category. The following table shows the estimated current site capacity City-wide. Table 1: Estimated Current Ca acity Very Above Income Levels Low Low Moderate Moderate Total Income Income Income Income Estimated Capacity o Permitted and Approved Projects 279 1,527 174 1,980 o Vacant and 991 - 272 1,263 Underutilized Land Total 1,270 1,527 446 3,243 2014-2022 RHNA 1,107 407 553 2,067 RHNA Surplus/Shortfall +163 +1,120 -107 +1,176 'The Permitted and Approved Projects include the prior apartment project. Summerhill Housing Group Planning Commission Page 20 of 28