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<br /> -- DRAFT --
<br />2025-2029 ConPlan & FY 2025-2026 Annual Action Plan
<br />Page 28 of 90
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<br />Respondents emphasized that traditional housing, permanent housing, and wrap-around services are the
<br />top three homeless priority needs for the City to address during the ConPlan cycle.
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<br />Additionally, participants closely tracked the top three public services prioritized for funding: after-school
<br />programs (24%), summer day camps for children (24%), and neighborhood crime prevention (20%).
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<br />The City has a population of 89,723 across 30,468 households, with 57.9% homeowners and 42.1% renters
<br />(2018-2022 ACS). Rental prices have risen sharply, contributing to housing affordability concerns. Studio
<br />apartments increased 29.5%, from $1,139 in 2020 to $1,475 in 2022. One-bedroom units rose 18.2%, from
<br />$1,454 to $1,718, while two-bedroom units climbed 14.6%, from $1,908 to $2,186. Three-bedroom units
<br />experienced the highest percentage increase, rising 27.2% from $2,108 to $2,682. Homeownership costs
<br />also rose significantly, with the median sales price for single-family homes increasing 13%, from $740,551
<br />in 2020 to $834,000 in 2022, and condos/townhouses climbing 11%, from $475,597 to $529,802 during
<br />the same period.
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<br />San Leandro Median Rents:
<br />● Studio – $1,475 (in 2020 = $1,139 – an increase of 29.50%)
<br />● 1-bedroom – $1,718 (in 2020 = $1,454 – an increase of 18.16%)
<br />● 2-bedrrom – $2,186 (in 2020 = $1,908 – an increase of 14.57%)
<br />● 3-bedroom- $2,682 (in 2020 = $2,108 – an increase of 27.23%)
<br />Source – Current 2018-2022 ACS 5-Year Estimates (Past: 2016-2020 ACS 5-Year Estimates)
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<br />San Leandro Median Home Sales Prices:
<br />● Condo/Townhouses – $529,802 (in 2020 $475,597 – an increase of 11%)
<br />● Single-Family – $834,000 (in 2020 $740,551 – an increase of 13%)
<br />Source – Current 2022 December Zillow (Past: 2020 December Zillow)
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<br />According to the 2016-2020 Comprehensive Housing Affordability Strategy (CHAS), approximately 60% of
<br />San Leandro households, or 18,905 households, earn at or below the HUD Area Median Family Income
<br />(HAMFI) of $119,200. Of these households, 65% include at least one member over 62 years old, and 8.7%
<br />have children under six. Cost burdens are widespread, with 36% of households paying more than 30% of
<br />their gross income on housing, and 17% of households are severely cost-burdened, spending over 50% of
<br />their income on housing. Renters face an even greater challenge, with 22% of renter households cost-
<br />burdened and 24% severely cost-burdened. Please see Figure 2, City Map of Contract Rents. As of 2022,
<br />the housing market in San Leandro mirrors broader Bay Area trends of high demand, low supply, and
<br />increasing affordability challenges. Despite historically offering more affordable housing than nearby
<br />cities, the City’s housing costs continue to rise, further limiting options for low- and moderate-income
<br />families. These trends contribute to housing insecurity and amplify the need for affordable housing
<br />solutions.
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<br />In response, the City is focusing on expanding affordable housing development and preserving existing
<br />units. Collaborating with regional partners like the Alameda County HOME Consortium, the City has
<br />implemented policies to boost affordable housing production, such as inclusionary zoning and leveraging
<br />state and federal funding, including the CDBG and HOME. The City’s 2023-2031 Housing Element
<br />emphasizes addressing homelessness, supporting first-time homebuyers, and promoting equitable access
<br />to housing resources. Priorities include incentivizing developers, streamlining the permitting process, and
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