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Public Comments <br />ATTACHMENT 7 <br />According to our brochure "Below Market Rate Apartments in Pleasanton' <br />we have: <br />660 senior apartments <br />444 below market rate apartments <br />4879 market rate apartments <br />5983 total <br />or <br />11% senior apartments <br />7.4% non -senior apartments <br />Assuming for the moment that seniors are not working, only 7.4% of <br />apartments are available to Pleasanton's lower income workforce. <br />Figure 1 on page 3 of the staff report shows that at least 55%, or 33,073 jobs, <br />and likely many more, earn less than 100% AMI. Our 444 units barely make <br />a dent in the need. <br />I could not fmd any statistics for deed -restricted, for -sale, allbrcla hle units. <br />How many are there in Pleasanton and at what income levels? How are they <br />tracked? <br />6. Partnerships with Key Local Employers <br />Eliminate the word "key". Why limit us? Perhaps Workday would like to <br />convert some of their office space to employee housing. Any business might <br />be willing to participate. The Chamber could help facilitate this "Tool". <br />7. Crunch the Numbers <br />Compare RHNA required housing units by category to our workforce needs <br />by category to assure that our Toolbox can facilitate both. <br />8. Enlist Non -Profit Housing Developers <br />Work pro -actively with non-profit housing developers to help create an <br />affordable housing mix and to locate funding. <br />Inclusionary housing will never meet our need. 20% of the total RHNA <br />number of 5,965 is 1,193. It is certainly a large number, but very short of our <br />total of 3652 for Extremely Low, Very Low, Low and Moderate. <br />We need 100% affordable housing sites and only non-profit housing <br />developers can deliver that. <br />9. Use LIHF to Purchase Land' <br />This is how affordable housing non -profits work. With "free" land they can <br />find funding for building. I recently sent you an article about how Fremont <br />uses their LIHF for this. <br />10.The "Sportono Policy" <br />Require, or encourage with incentives, developers to both include ADUs and <br />pay into the LIHF on large lot developments. <br />2 <br />16 <br />