Pleasanton has been providing "affordable" housing for more than a decade in apartment and housing complexes such as Civic Square apartments across from City Hall to Archstone and the newer Birch Terrace homes on Vineyard Avenue. The city's inclusionary zoning ordinance has been in place since November 2000, stipulating that at least 15% of all housing units in any single development must be affordable, usually in perpetuity. In many developments, some pay market rate rents that range from $3,254 for a three-bedroom unit to $1,356 at a very low income rate for the same apartment next door. Unless tenants share that information, nobody knows who's in the "moderate" or "very low" category.
Even though 73 acres have been rezoned for high density apartments, along with 650 units to be built by BRE in the Hacienda Business Park, these complexes will have roughly the same mix of moderate to very low income tenants. "Very low," by the way, isn't really all that low. A family of four earning $46,750 a year qualifies in 2012. A lot of working families in Pleasanton could make this cut. Many are probably already among our neighbors.
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