My WebLink
|
Help
|
About
|
Sign Out
AGENDA PACKET
City of Pleasanton
>
CITY CLERK
>
AGENDA PACKETS
>
2024
>
020624 REGULAR
>
AGENDA PACKET
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
2/6/2024 9:38:50 AM
Creation date
2/6/2024 9:33:52 AM
Metadata
Fields
Template:
CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
2/6/2024
DESTRUCT DATE
15Y
Jump to thumbnail
< previous set
next set >
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
554
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
PAGE 49 <br />was corroborated by the 2022 Tri-Valley PIT Count <br />which found that 72% of unhoused individuals had <br />psychiatric or emotional conditions; 70% had post- <br />traumatic stress disorder; and 45% reported drug or <br />alcohol abuse.13 <br />The rate of home ownership in the Tri-Valley (68%) <br />is considerably higher than in Alameda County <br />(54%) and in California (56%) (Table 18). Relatedly, <br />rentership is considerably lower in the region as <br />compared to Alameda County and California. Table <br />17 disaggregates the rate of housing cost burden <br />between homeowners and renters, and shows that <br />rates for both are generally better than at the county <br />and state levels in almost all three municipalities. The <br />exception is in Livermore, where a larger proportion <br />of renters (50%) are housing-cost burdened than at <br />the county level (47%). At every level of geographic <br />analysis, renters are more likely than homeowners <br />to be housing-cost burdened (Table 18). As seen in <br />Figure 40, this trend has held true over time. Since <br />2016, the housing cost burden rate has been highest <br />among renters in Livermore, followed by those in <br />Pleasanton. <br />The Livermore Housing Elements also indicated <br />this, showing that a very low-income household <br />in Livermore can afford $1,199 to $1,850 in rent <br />per month, depending on the household size. <br />However, with average rents starting at $2,206 <br />for a one-bedroom unit, these households cannot <br />afford average market-rate rentals without facing <br />cost burden issues.18 The housing cost burden rate <br />appears to be trending upward for Pleasanton <br />renters, downward for Dublin renters, and stable for <br />Livermore renters. Throughout this time period, rates <br />OWN RENT <br />HOUSING COST <br />BURDENED OWNERS <br />HOUSING COST <br />BURDENED RENTERS <br />Dublin 64.4 35.6 25.4 36.4 <br />Livermore 72.3 27.7 27.7 49.9 <br />Pleasanton 67.5 32.5 22.9 46.4 <br />Tri-Valley 67.9 32.1 25.7 44.4 <br />Alameda County 53.9 46.1 28.1 46.5 <br />California 55.5 44.5 30.7 51.5 <br />Table 18. Rentership, Home Ownership, and Cost Burden by Location <br />Source: US Census Bureau ACS 5-year 2017–2021 <br />Note: Percentages for columns labeled “Own” and “Rent” reflect the given area’s total population. <br />Percentages for columns labeled “Cost Burdened Home Owners” and “Cost Burdened Renters” reflect the category in the particular area. <br />of housing cost burden among homeowners in the <br />three municipalities were much lower than among <br />renters, and—aside from a slight uptick between 2019 <br />and 2020 among Livermore and Dublin owners—rates <br />have been steadily trending down (Figure 40). The <br />Stanford Valley Care Needs Assessment has some <br />additional context on housing cost burden.11 Both <br />quantitatively and qualitatively, the report found that <br />housing and other costs of living in the Tri-Valley are <br />extremely high; the median home rental cost is more <br />than 40% higher than the median state home rental <br />cost. <br />Figure 40. Housing Cost Burden Rates by City for Renters and Owners <br />Housing Cost Burden Rates for <br />Various Groups in the Tri-Valley <br />2016-2020 <br />Source: US HUD CHAS database <br />EASTERN ALAMEDA COUNTY HUMAN SERVICES NEEDS ASSESSMENTSS Page 107 of 554
The URL can be used to link to this page
Your browser does not support the video tag.