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Page 7 of 8 throughout the Eaves Pleasanton property unless approved in writing by the City Manager. Delegating this authority to the City Manager would provide the City and the Developer with the flexibility and expediency should the clustering of affordable units be naturally occurring based on the locations of the market-rate units that are being vacated and converted to affordable units. Similar amenities, including a co-working lounge, a swimming pool, a fitness center, BBQ pits, a community lounge, entertaining kitchen, and a tot lot/children center proposed to be available for residents of the new Avalon Pleasanton development are already provided at the Eaves Pleasanton property. Housing Element and Regional Housing Needs Allocation (RHNA) Compliance The approved project, including the 2024 amendments, was deemed consistent with the applicable development standards, General Plan and Housing Element, and Zoning designations for the property. Approval of the amendment would improve the financial viability of the Avalon Pleasanton project, increasing the chance that permits for the Podium Building will be issued and counted in the current 2023-2031 Housing Element cycle. Note that the 82 units currently under construction (60 units in the Gardens Buildings and 22 units in the Townhouse Buildings) were already reported in last year's Annual Planning Reports as the building permits for these units were issued last year. The remaining 254 units at the Podium Building at Avalon Pleasanton will be reported in the upcoming Annual Planning Reports for 2025. In total, 330 market rate units would be reported as satisfying a portion of the City's 2,313 above-moderate income RHNA units and six (6) median income (100 percent AMI) units as satisfying a portion of the City's 894 moderate-income RHNA units. The 45 units at Eaves Pleasanton, once converted from market-rate units to affordable units, would also qualify for RHNA credit: 22 very low-income units at 50 percent AMI satisfying a portion of the City's 1,750 very low-income RHNA units and 23 low-income units at 60% percent AMI satisfying a portion of the City's 1,008 low-income RHNA units. The net change in market-rate/above moderate units would be zero since the 45 market-rate units at Eaves Pleasanton converted to deed-restricted units would be offset by there being 45 additional (non-deed-restricted) market- rate units at Avalon Pleasanton. CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) Pursuant to CEQA Guidelines, (PRC Section 21000, et seq.), a Supplemental Environmental Impact Report (SEIR) (State Clearinghousing [SCH] No. 2011052002) and a Mitigation Monitoring and Reporting Program (MMRP) were prepared and certified by the City of Pleasanton on January 4, 2023, pursuant to Resolution No. 12-493, for the 2015-2023 (5th Cycle) Housing Element. An Addendum to the Housing Element SEIR dated December 27, 2024 for the Avalon Pleasanton project (to increase the number of affordable units from 46 to 51) concluded that preparation of a supplemental or subsequent EIR or Negative Declaration was not required. Additionally, the City Council adopted Negative Declarations on November 6, 1985, and August 5, 1986, for the Eaves Pleasanton Project (formerly Hacienda Gardens). The proposed Second Amendment to the AHA, which reflects the change in affordability between units at Eaves Pleasanton and units at Avalon Pleasanton, is within the scope of the above-referenced Page 81 of 694