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COMMENTS Section A.1 Introduction and Summary A.1.1 Introduction This Appendix forms the foundation for understanding Pleasanton's housing needs. It analyzes a range of demographic, economic, and housing -related variables to determine the extent and context of the city's housing -related need. Information gathered through this section provides a basis from which to build housing goals, policies, and programs to address those needs. This needs assessment includes an analysis of the city's population, special needs groups, employment, housing stock, and housing affordability. At this point, and based determined by the income are forced to commute to e2?+ Basic Housing Needs • Population characteristics (e.g., age. employment) • Household characteristics (e.g, household size, household income, overcrowding) on past poor performance, Pleasanton's housing needs are best characteristics of the locally employed workforce, 928 of whom Pleasanton due to a lack of affordable housing. Housing Needs Assessment ,�� + W+ W, + Special Housing Needs lJ Large farrulies seniors • Female -headed households Persons with disabilities Residents living below the poverty level • Farmworkers Homeless Housing Stock Housing Housing type Affordability • Housing tenure ownership costs Units permitted Rental costs Housing age and overpayment condition At -risk housing units The main source of data used to form the majority of this section is HCD pre -certified local housing data provided by ABAG, which relies primarily on the American Community Survey 2015-2019, California Department of Finance, and HUD's Comprehensive Housing Affordability Strategy ("CHAS") data. A.1.2 Summary Housing needs are determined by a city's population and its existing housing stock and provide context for developing housing policy, such as which types of housing and its affordability levels are most needed in the community. The following summarizes key data from this housing needs assessment. • Pleasanton has a higher income population than Alameda County (county). Pleasanton's 2019 median household income was $156,400, 57 percent higher than the county ($99,406). However, 7.6 percent of households in Pleasanton are extremely low-income, What is the income distribution across Pleasanton's population. What percentage of households have an income high enough to buy a home or rent at market rate? A-2 i City of Pleasanton Housing Needs Assessment Item 4 - Provided to Housing Commission for the September 16, 2021 Meeting AFTER PACKET DISTRIBUTION 11