Heroic Moments in Housing

Together, MHC partners have created innovative housing solutions across the Tahoe Truckee Region. From Workforce Housing Preservation Programs and first-time homebuyer programs, to creative financing programs and ADU incentives, we are proud to highlight these heroic moments in housing.

Workforce Housing Preservation & Below Market Rate Housing Programs

Hopkins Village- Provides for-sale, deed-restricted housing for the ‘missing middle’ in Martis Valley for the Tahoe Truckee workforce. Learn More

Placer County Workforce Preservation Program- Preserving existing housing inventory for the Tahoe Truckee Workforce by providing homebuyers up to 15% of a down payment in exchange for deed restriction. Learn More

Town of Truckee Below Market Rate Housing Program- Currently under research by Town staff to expand their deed-restricted housing program. Learn More

Affordable Housing Projects

Housing for households making up to 80% of the Area Median Income (AMI). Existing housing include Henness Flats, Frishman Hollow, Sierra Village Apartments, Truckee Pines Apartments and Truckee Donner Senior Apartments. Housing in the works include Coldstream Commons, Frishman Hollow II, Donner Lake 6, and Estates-Meadows. Learn More

New Tax Funding Resources for Housing

Tourism Business Improvement District (TBID)- The North Tahoe business community passed TBID, freeing up Placer County’s Transient Occupancy Tax (TOT) dollars to support workforce housing initiatives and ensuring locally generated funds are governed by local business. Learn More

Truckee Passes Measure K- Voters increased the town’s TOT tax from 10% to 12% ; projected to provide $700K annually and would go toward affordable housing, preparing for wildfires and other natural disasters, along with acquiring and permanently preserving natural open spaces. Learn More

First-Time Homebuyer & Down Payment Assistance Programs

Martis Fund Homebuyer Assistance Program- In partnership with the Martis Fund, Sierra Business Council administers the Martis Fund Homebuyer Assistance Program, which provides down payment assistance to help income-qualified working families in Placer County east of Donner Summit or in the Town of Truckee purchase homes. Learn More

Nevada County HOME First-time Homebuyers’ Program- The HOME First-time Homebuyers’ (FTHB) Program provides low to moderate income residents who are first-time homebuyers the financial assistance needed to own a home in the unincorporated areas of Nevada County. Learn More

Placer County First Time Homebuyer Assistance Program- This is a loan program that provides flexible second mortgages to help families with funds for the down payment to purchase their first home in the unincorporated areas of Placer County. Learn More

Town of Truckee CalHome Reuse Program- The Town of Truckee currently offers loan products for qualified applicants – the CalHome Loan Product for First-Time Home Buyers. Learn More

Long-term Lease Incentive Programs

Workforce Rental Grant Program- (Previously called the Long-Term Rental Grant Program) is a partnership with Landing Locals to unlock existing housing stock for the local workforce by offering a series of grant incentives to qualifying homeowners. Learn More

Accessory Dwelling Unit Programs and Resources

Nevada County- Learn More

Placer County- Learn More

Tahoe Regional Planning Agency- Learn More

Town of Truckee- Learn More

Tenant-Based Rental Assistance Programs

Sierra Community House– Sierra Community House provides rental and utility payment assistance to qualified tenants as well as application assistance for California’s HousingIsKey.com program. Learn More

New Local Organizations Dedicated to Housing Solutions

Truckee Tahoe Workforce Housing Agency (TTWHA)- Formed in 2018, the TTWHA is a Joint Powers Authority that was formed to support the development of workforce housing for member agencies by acquiring, developing, or contracting for workforce housing and supporting housing programs for agency employees. Learn More

Landing Locals- Formed in 2018, Landing Locals connects vacation-home owners with trusted locals seeking seasonal and long-term housing in vacation towns. Learn More

Supportive Housing Services for Homelessness & Low-Income Needs

Project Homekey– Placer County acquires property in Kings Beach funded through a variety of grant programs including Homekey. The property owned and managed by AMI Housing will be converted into 13 units of permanent, long-term housing for people experiencing or at risk of experiencing homelessness. Learn More

Homelessness Prevention- Nevada and Placer County assists 6 people experiencing homelessness to find housing from November 2020-May 2021 through the rapid re-housing program.

North Tahoe-Truckee Homeless Services (NTTHS)- In response to the COVID-19 public health emergency, NTTHS opened a navigational day center and expands support services for homeless, under-sheltered, and all community members in need of support with basic needs. Learn More

Creative Financing Programs to Fund Housing Projects

Housing Solution Fund of the Tahoe Truckee Community Foundation- The Housing Solutions Fund of the Tahoe Truckee Community Foundation (TTCF) has deployed more than $2 million in gap financing for housing projects (Truckee Artist Lofts) and seed funding for housing programs (Landing Locals). The fund supports ongoing grants and impact investments that advance the goals of TTCF’s housing initiative. This work is aligned with the MHC. Learn More

Housing Trust Placer, Inc. (HTP)- Established in 2020, HTP is a non-profit organization created to meet the affordable housing needs for the western Placer County community. The organization provides gap financing through public and private sources to facilitate affordable housing and also helps to acquire and/or construct or redevelop affordable housing units. Learn More