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RES 231414
City of Pleasanton
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CITY CLERK
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RESOLUTIONS
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2020-present
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2023
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RES 231414
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Last modified
10/23/2023 10:58:40 AM
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10/23/2023 10:17:59 AM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
9/19/2023
DESTRUCT DATE
PERMANENT
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Cost Burden by Income Level <br />• Lower incomehouseholds are <br />most costburdened <br />• Almost 9 of 10extremely low- <br />incomehouseholds are <br />cost burdened <br />• Over half ofmoderate-income <br />households arecost burdened <br />Note: *AMI – Area Median Income <br />Source: HUD, CHAS, 2013-2017 <br />13% <br />26%33% <br />45% <br />84% <br />7% <br />28% <br />39% <br />35% <br />14% <br />80% <br />46% <br />27%20% <br />0% <br />10% <br />20% <br />30% <br />40% <br />50% <br />60% <br />70% <br />80% <br />90% <br />100% <br />0%-30% of <br />AMI <br />31%-50% of <br />AMI <br />51%-80% of <br />AMI <br />81%-100% <br />of AMI <br />Greater than <br />100% of AMI <br />Pe <br />r <br />c <br />e <br />n <br />t <br /> <br />o <br />f <br /> <br />H <br />o <br />u <br />s <br />e <br />h <br />o <br />l <br />d <br />s <br />50%+ of Income Used for Housing <br />30%-50% of Income Used for Housing <br />0%-30% of Income Used for Housing <br />Workforce Housing <br />Many households not eligible for subsidies still struggle to <br />afford housing <br />Four-person household <br />earning $110,000 - $225,000 <br />• Affordable rents -starting at $3,100 <br />• Affordable homepurchase price - starting <br />at $508,000 <br />• Automotive mechanics <br />($61,560/yr) <br />• Transit bus drivers <br />($61,810/yr) <br />• Licensed vocational nurses <br />($74,520/yr) <br />• Paralegals / legal assistants <br />($75,820/yr) <br />• Teachers ($86,200/yr) <br />• Accountants ($101,090/yr) <br />• Physical therapists <br />($103,350/yr) <br />27 <br />28 <br />Public Participation Summaries City of Pleasanton | E-22
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