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than) 7:00 p.m. in the Los Altos Hills City Council Chambers, at 26379 Fremont Road. The Housing Element is required by State law to show how each city and county in California will attempt to meet region -wide targets for low, moderate, and above moderate income housing. The State's Department of Housing and Community Development (HCD) reviews each proposed housing element and determines whether or not it complies with the statute. The Association of Bay Area Governments (ABAG) established targets for the Town of 224 new residential housing units for the 1988-1995 time period, with 99 of those to be affordable to low and moderate income households. According to State income level criteria, "affordable" units in Santa Clara County would need to rent for not more than $1,088 per month for a family of four to qualify as `low income" and not more than $1,288 per month to qualify as "moderate income". One emphasis of the draft Housing Element is to promote the construction of secondary dwelling units, which are currently permitted by the Town's Zoning Code, subject to certain restrictions. These units can be accommodated on most lots in Los Altos Hills with minimal impacts to neighbors, while providing a source of lower cost housing for rent, or for relatives, domestic workers, or guests. The Housing Element presumes that all secondary units are potentially affordable units, since they are limited to 1,000 square feet in size. Proposed programs in the Housing Element include: 1) an expedited review process for secondary units; 2) reduction or waiver of fees for secondary units; 3) low interest loans for building affordable secondary units; �W 4) for new home construction, reserving allowable floor area on each lot of sufficient size for a secondary unit, or requiring "in -lieu" fees for new home projects that do not include construction of secondary units; and 5) expanded public information regarding the Town's regulations for building secondary units. M The Housing Element indicates that the Town produced close to the total number of housing units targeted by ABAG for the years 1988-1995, but not as many low and moderate income units as specified by ABAG. A stated objective of the Element is that the Town would encourage development of approximately 35 new secondary units to be created in the 1996-1999 time period. If you have suggestions or comments regarding the above programs or about how the Town could better encourage the construction of new second units, please use the form on the opposite side of this notice or come to the hearing to offer your suggestions. If you have questions, please contact Curtis Williams, the Town's Planning Director, at (650) 941-7222. January 7, 1998 Regular City Council Meeting