Learn About Housing Opening Up in Truckee & Placer This Year!
There are more than 200 affordable units under construction and expected to open this summer and fall in our region. Those opening this year include: Truckee Artist Lofts, Coldstream Commons, and Frishman Hollow II in Truckee, as well as Meadow View Place in Placer County. The Mountain Housing Council will be providing presentations on these projects as part of our “Achievable Housing for All” Lunch-n-Learn Series in order to provide the community with a chance to ask questions and find out more.
Housing Project Lunch-n-Learn Series
June 15, 12-1pm
Shellan Rodriguez of The Pacific Companies will discuss their three local projects in the works: Pacific Crest Commons (the former California Highway Patrol Site), Frishman Hollow II, and Dollar Creek Crossing. Each session will have a live Q & A.
You can also learn more about the Pacific Crest Commons project in a separate presentation provided by The Pacific Companies and a representative from the Department of General Services (DGS) here (Video Timestamp: 0:47:10 – 1:22:05). Pacific Crest Commons is anticipated to be completed in summer 2023.
June 29th, 12-1pm
Azzie Youssefi of CYF Development will share information about the Truckee Artist Lofts and Luke Watkins will discuss Meadow View Place and Coldstream Commons. Each session will have a live Q & A.
Coldstream Commons Affordable Housing Rentals (Truckee) Interest List Now Open
About the Project
Coldstream Commons apartments are located next to Donner State Park and are expected to open in early Fall 2021. Of the 48 apartment units, 24 are two- bedroom units and 24 are one-bedroom units. All 48 apartments are income restricted as follows:
24 of the units are restricted to those making no more than 60% of area median income (AMI) or below (based on household size):
Income Qualification Caps for the Coldstream Commons
|
Income Level |
1 person |
2 person |
3 person |
4 person |
|
Low (up to 60% AMI) |
$37,740 |
$43,140 |
$48,540 |
$53,880 |
23 of the units are restricted to those below 30% AMI and have HUD 811 requirements:
Income Qualification Caps for the Coldstream Commons
|
Income Level |
1 person |
2 person |
3 person |
4 person |
|
Extremely Low (up to 30% AMI) |
$18,9100 |
$20,650 |
$23,250 |
$26,200 |
To sign up for the Coldstream Commons interest list call 916-561-0324. Leave a voicemail and the staff will get back to you.
Applications will be mailed to those on the interest list on June 1.
Truckee Artist Lofts Has a Few Open Units Available — Apply Today!
About the Project
Truckee Artist Lofts (TAL), located at the Truckee Railyard Project in downtown Truckee, is a mixed-use, affordable housing community for artists and local community members. The community includes 76 income-restricted rental apartments, ranging from studios to three-bedroom units, as well as ground floor commercial/retail space. Common areas include an art room, band room, and an outdoor common terrace with a BBQ picnic area. Most of the units have been filled but there are a few remaining units for specific income levels.
The Lofts are still accepting applications – The following units are still open:
- 1-2 bedroom units still open for those that make no more than 50% AMI
- 3-bedroom units open for families making no more than 80% AMI
- 3-bedroom units open for families making less than 50% of Area Median Income. Apply with the Regional Housing Authority here.
Income Qualification Caps for the Truckee Artist Lofts – Current Open Units
|
Income Level |
1 person |
2 person |
3 person |
4 person |
|
Very Low (up to 50% AMI) Several units open for this income level |
$31,450 |
$35,950 |
$40,450 |
$44,900 |
|
Low (up to 80% AMI) 2 units open at this income level |
$50,300 |
$57,500 |
$64,700 |
$71,850 |
Terner Center for Housing Innovation Free Webinar: Funding Affordable Housing
Want to learn more about the complexity of financing affordable housing? Join the Terner Center for a virtual Webinar on Thursday, May 27, 2021, from 11 am to 12 pm PT.
If You Missed MHC’s Quarterly Meeting, Check Out Our Latest Partner Highlights:
If you missed the MHC Partner highlights from our 4/23 MHC Quarterly Meeting Recap, below are a few partner highlights that involve housing availability, variety and affordability in our region:
- The Truckee Tahoe Workforce Housing Agency has helped 15 of their member agency employees secure housing, qualifying five employees for homes at Hopkins Village.
- The Tahoe Sierra Board of Realtors is working with two State Insurance Commissioners to advocate for affordable and available structural fire insurance.
- The Tahoe Regional Planning Agency Housing Working Group recommended several proposals designed to facilitate housing solutions to its Governing Board, such as allowing Accessory Dwelling Units (ADUs) to be established on parcels of less than one acre.
- Sierra Community House provided more than $500,000 in rental assistance to local households in need.
You can watch all the Mountain Housing Council Partner Updates here (Video Timestamp: 2:18:18-2:52:13).
Volunteer with the MHC
Take an active role in our housing crisis by joining a Mountain Housing Council Working Group to advocate for achievable housing solutions for all. Contact Kristina@ttcf.net to get involved.
Stay Up To Date With Local Housing Issues and Programs
We’ve posted the meeting material from the January 15th MHC Quarterly Update on the website.
Check Out MHC Partner Updates
We’ve created a new page on the MHC website where the 27 partners of the MHC can share their updates on progress made on various housing programs and policies. Check out the page and learn more about the new Truckee Tahoe Workforce Housing Agency too.
