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ANALYSIS Background Jobs/Housing Program Objectives The objective of the Jobs/Housing Program (the"Program") is to ensure that jobs and a corresponding amount of affordable housing are available to working residents in Mountain House. The primary, long term goal of the Program for Mountain House is to achieve a jobs-to-housing ratio of 0.99 at buildout, meaning that for every new home built one new job is created in the community. The Program also includes other jobs-to-housing ratios ("Best Case Ratios" and "Minimum Ratios") as goals to be met at specified intervals in the development of the community. The Jobs/Housing Program is intended to be market-driven rather than agency-controlled. However, the Master Plan also requires the Program to contain quantifiable goals over time that will be reviewed as part of the County's on-going monitoring program. As such, the primary emphasis of the Jobs/Housing Program is to rely on market forces to attain desired Jobs/Housing goals, rather than an overt governmental action, such as restricting residential development to correct Jobs/Housing imbalances. Jobs/Housing Program Implementation As discussed in the Master Plan, one of the implementation measures of the Program (Master Plan, Section 3.9.2, Implementation (d)) is to conduct periodic Jobs/Housing Reviews. It states, "The San Joaquin County Board of Supervisors shall hold a Public Hearing, referred to as a Jobs/Housing Review, to review the progress of the jobs/housing program at the following specified times: • Prior to the approval of any Specific Plan which contains residential development, but no sooner than after 2,000 residential units have been constructed (excluding the first Specific Plan or Specific Plan Amendment). • When 4,000, 8,000, 12,0000, and 16,000 residential units have been completed and annual monitoring information becomes available, if a review has not already been conducted in the previous calendar year. • At any other times determined appropriate by the Board of Supervisors (e.g., scheduling of a Jobs/Housing Review by the Board to evaluate the circumstances for non achievement of jobs/housing ratios)." This Jobs/Housing Review has been prepared because more than 4,000 homes have been completed and monitoring information is now available. As of the end of 2018, 5,932 residential units in Mountain House have been completed (see Attachment "B" —Table 1). Planning Commission Staff Report, Item #5 12/19/2019 — Jobs/Housing Review 7