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In general, rental units (apartments and possibly rented condo- <br />miniums or townhouses) are the only category of housing which <br />is presently "affordable" to moderate income households in <br />Pleasanton. As seen from the previous discussion, rents in <br />Pleasanton currently fall within the "affordable" ranges given <br />in Table 18. Although most for-sale condominiums exceed the <br />"affordable" home prices given in Table 17, the disparity may <br />not be so great as to make them unreachable by moderate income <br />families provided certain measures are taken such as providing <br />low interest mortgage financing through a city's mortgage <br />revenue bond program. It may even be possible to make certain <br />types of single-family detached residences available to those <br />of moderate income (see section on Manufactured Housing above). <br />Given Pleasanton's land and construction costs, nonsubsidized, <br />stick built, single-family, detached dwellings are now probably <br />forever beyond the reach to those of moderate income. <br /> <br />-93- <br /> <br /> <br />