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City of Pleasanton
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CITY CLERK
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2021
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101921
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10/13/2021 2:18:54 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
10/19/2021
DESTRUCT DATE
15Y
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review process. No project has ever been denied due to the failure to negotiate an Affordable <br />Housing Agreement that has been acceptable to both the City and the applicant. <br />Commercial, office, and industrial development are also required either to construct affordable <br />units or pay an in -lieu fee. Residential projects of fewer than 15 units are required to pay an in - <br />lieu affordable housing fee. In 2018, the City prepared nexus studies to help determine <br />appropriate amounts to charge for the lower income housing (in -lieu) fee. The analysis evaluated <br />the maximum fee for residential (for -sale and for -rent development) and non-residential <br />development and assisted the City with the establishment of updated in -lieu fees (see Permit and <br />Development Fees for a discussion of City fees). <br />Pleasanton's inclusionary requirements help to achieve the City's affordable housing goals by <br />increasing the production of residential units affordable to households of very low, low, and <br />moderate income either through construction of units or by providing funds for affordable housing. <br />Another purpose of the requirement is to ensure that the remaining developable land in <br />Pleasanton is utilized in a manner consistent with the City's housing policies and community's <br />needs. <br />Inclusionary Housing Analysis <br />The City's IZO has been in effect for over 20 years. During this time, housing costs in Pleasanton <br />have increased, consistent with trends in Alameda County (see Housing Needs Assessment <br />Figures A-40 and A-43). However, the cost of housing is higher in Pleasanton compared to <br />Alameda County overall. The difference in housing cost is affected by many factors including <br />scarcity of developable land, high scoring schools, abundant services and recreational <br />opportunities, high quality infrastructure, easy accessibility to major employment centers, and <br />desirable location and setting, which have likely been primary factors driving housing prices in <br />Pleasanton. <br />The rate of housing production in Pleasanton has exceeded housing growth in Alameda County <br />as a whole. Since the adoption of inclusionary zoning in 2000, the total amount of housing in <br />Pleasanton has grown by almost 19 percent, while total housing growth in Alameda County grew <br />by approximately 13 percent. This suggests that there were no significant adverse impacts on <br />housing production as a result of the inclusionary housing requirements in Pleasanton. <br />Additionally, over the last Housing Element Cycle (5th Cycle), from 2015 through 2020, permits <br />were issued for a total of 1,310 above moderate units, 45 moderate income units, 78 low-income <br />units, and 230 very low-income units. This is an average of 277 residential unit permits per year <br />and exceeded the overall 5th Cycle Regional Housing Needs Allocation (RHNA), with the surplus <br />being in the above moderate -income category. Pleasanton has performed similarly or better than <br />comparable jurisdictions in making progress toward the City's lower income RHNA. <br />C-22 I City of Pleasanton Housing Constraints <br />
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