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</style><!--[if mso ]><style>sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% }</style> <![endif]--></head><body class="body" style="background-color:#fff;margin:0;padding:0;-webkit-text-size-adjust:none;text-size-adjust:none"><div class="sailthru-emco-preheader" style="display: none; max-height: 0px; overflow: hidden;">Only one type of new home is getting built in this exclusive area.</div><div style="display:none"><a href="https://link.sfchronicle.com/click/36704459.824794/aHR0cDovL3d3dy5zZmNocm9uaWNsZS5jb20vLGh0dHA6Ly93d3cuc2ZnYXRlLmNvbS8_c2lkPTY2ZDBhYmQwNGQ2NjQwNGQ3MDBiOGUxMyZzcz1QJnN0X3JpZD1udWxsJnV0bV9zb3VyY2U9bmV3c2xldHRlciZ1dG1fbWVkaXVtPWVtYWlsJnV0bV90ZXJtPWZlYXR1cmUmdXRtX2NhbXBhaWduPXNmY24lMjAlN0MlMjBlZGl0b3JpYWwlMjBmZWF0dXJlcw/66d0abd04d66404d700b8e13B5ef9994b"><img src="https://link.sfchronicle.com/img/66d0abd04d66404d700b8e13lupcb.hoey/7432a3a4.gif" alt="" border="0" /></a></div><table class="nl-container" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;background-color:#fff"><tbody><tr><td><table class="row row-1" align="center"
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Only one type of new home is getting built in this exclusive Bay Area community — and it underscores the challenges and opportunities as cities grapple with California's housing crisis.</p></div></div></td></tr></table><table class="divider_block block-3" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad"><div class="alignment" align="center"><table border="0" cellpadding="0" cellspacing="0"
role="presentation" width="100%" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="divider_inner" style="font-size:1px;line-height:1px;border-top:1px solid #bcbcbc"><span style="word-break: break-word;"> </span></td></tr></table></div></td></tr></table><table class="image_block block-4" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0"><tr><td class="pad" style="width:100%"><div class="alignment"
align="center" style="line-height:10px"><div style="max-width:640px"><a href="https://link.sfchronicle.com/click/36704459.824794/aHR0cHM6Ly93d3cuc2ZjaHJvbmljbGUuY29tL2Vhc3RiYXkvYXJ0aWNsZS9waWVkbW9udC1idWlsZGluZy1hZHVzLWhvdXNpbmctY3Jpc2lzLTE5NzI4NzQxLnBocD9zaWQ9NjZkMGFiZDA0ZDY2NDA0ZDcwMGI4ZTEzJnNzPVAmc3RfcmlkPW51bGwmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX3Rlcm09ZmVhdHVyZSZ1dG1fY2FtcGFpZ249c2ZjbiUyMCU3QyUyMGVkaXRvcmlhbCUyMGZlYXR1cmVz/66d0abd04d66404d700b8e13B688ac138" target="_blank" style="outline:none" tabindex="-1"><img src="https://media.sailthru.com/composer/images/sailthru-prod-3ol/SFC%20-%20Jess%20Shaw/piedmont_email.jpg" style="display:block;height:auto;border:0;width:100%" width="640" alt="This wealthy Bay Area community just blew past its housing mandate"
title="This wealthy Bay Area community just blew past its housing mandate" height="auto"></a></div></div></td></tr></table><table class="text_block block-5" width="100%" border="0" cellpadding="10" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="font-family:Arial,sans-serif"><div class
style="font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;font-size:12px;mso-line-height-alt:18px;color:#222;line-height:1.5"><p style="margin:0;font-size:16px;mso-line-height-alt:33px"><span style="word-break: break-word; font-size: 22px;"><strong><a href="https://link.sfchronicle.com/click/36704459.824794/aHR0cHM6Ly93d3cuc2ZjaHJvbmljbGUuY29tL2Vhc3RiYXkvYXJ0aWNsZS9waWVkbW9udC1idWlsZGluZy1hZHVzLWhvdXNpbmctY3Jpc2lzLTE5NzI4NzQxLnBocD9zaWQ9NjZkMGFiZDA0ZDY2NDA0ZDcwMGI4ZTEzJnNzPVAmc3RfcmlkPW51bGwmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX3Rlcm09ZmVhdHVyZSZ1dG1fY2FtcGFpZ249c2ZjbiUyMCU3QyUyMGVkaXRvcmlhbCUyMGZlYXR1cmVz/66d0abd04d66404d700b8e13C688ac138" target="_blank" style="text-decoration: underline; color: #222222;" rel="noopener">This wealthy Bay Area community just blew past its housing mandate</a></strong></span></p></div>
</div></td></tr></table><table class="text_block block-6" width="100%" border="0" cellpadding="0" cellspacing="0" role="presentation" style="mso-table-lspace:0;mso-table-rspace:0;word-break:break-word"><tr><td class="pad"><div style="font-family:Arial,sans-serif"><div class style="font-size:12px;font-family:'Helvetica Neue',Helvetica,Arial,sans-serif;mso-line-height-alt:18px;color:#222;line-height:1.5"><p style="margin:0;font-size:12px;mso-line-height-alt:18px"> </p></div></div></td></tr>
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