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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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10/13/2021 2:14:47 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
10/19/2021
DESTRUCT DATE
15Y
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Table A-15: Assisted Units at Risk of Conversion <br />A-60 I City of Pleasanton Housing Needs Assessment <br />Pleasanton <br />AlamedaIncome County <br />Bay Area <br />Low <br />672 <br />23,040 <br />110,177 <br />Moderate <br />0 <br />167 <br />3,375 <br />High <br />0 <br />189 <br />1,854 <br />Very High <br />0 <br />106 <br />1,053 <br />Total Assisted Units in Database <br />672 <br />23,502 <br />116,459 <br />Notes: <br />Universe: HUD, Low -Income Housing Tax Credit (LIHTC), USDA, and CalHFA projects. Subsidized or assisted developments that <br />do not have one of the aforementioned financing sources may not be included. <br />While California Housing Partnership's Preservation Database is the state's most comprehensive source of information on <br />subsidized affordable housing at risk of losing its affordable status and converting to market -rate housing, this database does not <br />include all deed -restricted affordable units in the state. Consequently, there may be at -risk assisted units in a jurisdiction that are <br />not captured in this data table. Housing Partnership uses the following categories for assisted housing developments in its <br />database: <br />Very -High Risk: affordable homes that are at- risk of converting to market rate within the next year that do not have a known <br />overlapping subsidy that would extend affordability and are not owned by a large/stable non-profit, mission -driven developer. <br />High Risk: affordable homes that are at -risk of converting to market rate in the next 1-5 years that do not have a known overlapping <br />subsidy that would extend affordability and are not owned by a large/stable non-profit, mission -driven developer. <br />Moderate Risk: affordable homes that are at -risk of converting to market rate in the next 5-10 years that do not have a known <br />overlapping subsidy that would extend affordability and are not owned by a large/stable non-profit, mission -driven developer. <br />Low Risk: affordable homes that are at- risk of converting to market rate in 10+ years and/or are owned by a large/stable non-profit, <br />mission -driven developer. <br />Source: ABAG 2021 Pre -certified Housing Needs Data (California Housing Partnership, Preservation Database <br />(2020)) <br />A-60 I City of Pleasanton Housing Needs Assessment <br />
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