Laserfiche WebLink
Construction Costs: Labor and materials make up the largest <br />percentage of housing costs. Approximately 56% of a home's <br />sales price goes toward construction costs. It can be <br />expected that these costs will continue to increase, and will <br />have a significant impact on the affordability of housing in <br />Pleasanton. <br /> <br />Institutional Constraints <br /> <br />Air/Water Quality and Growth Management Program: Pleasanton has <br />had sewage treatment discharge standards imposed upon it by the <br />State of California in order to prevent degradation of the under- <br />ground water supply. Also, Pleasanton is located in a valley <br />which has been designated as a critical air basin due to the <br />inability of the area to meet the air quality standards esta- <br />blished by the Clean Air Act of 1972. In order to meet the <br />sewage treatment standards and help control the air pollution <br />situation, the City of Pleasanton has in the past limited its <br />growth rate to approximately 2% per year through a formalized <br />growth management program. In return the Federal Government <br />has funded a program to expand sewage capacity and improve sewage <br />treatment facilities in order to meet the discharge standards. <br /> <br />The growth management program has the potential to impact the <br />cost of housing in Pleasanton in several ways. By limiting the <br />supply of housing relative to demand, the program could lead to <br />an increase in housing prices. Over the last four years devel- <br />opers have had to compete for the limited allocation of units <br /> <br />-98- <br /> <br /> <br />