Coldstream Commons

13051 Sawmill Rd, Truckee, CA

Developer: Neighborhood Partners, LLC; Pacific Housing, Inc. & John Stewart Company
Construction: Brown Construction
Property Management: John Stewart Company
Website: Town of Truckee Housing Projects

Description

Located adjacent to Donner State Memorial Park in Truckee, Coldstream Commons is a 48-unit, five-building project within the Elements at Coldstream Master Planned Community. The project satisfies the Town of Truckee Inclusionary Housing Requirement (15%) that was required for the Master Plan project approval. Fifty percent of the units are 1-bedroom and 50% are 2-bedroom.

Additional Features

On site bike storage and a highly energy efficient heating and cooling system are in place at Coldstream Commons. A large community room is located in the center of the community to be enjoyed by residents. A new bus shelter is located across from the property as well as access to Town-wide bike trails.

Funding

The project secured a 4% California Tax Credit allocation, a $11M California’s Affordable Housing and Sustainable Communities Grant, and HUD 811 Funding.

Applications Now Available!

Download the Updated Coldstream Commons Application packet now.

Coldstream Commons Income Caps

The income cap for the units is 60% of area median income for Nevada County. Nine of the units are restricted for those with special abilities, funded by Housing and Urban Development 811 funds.

Income Level 1 Person 2 Person 3 Person 4 Person
30% of AMI** $18,100 $20,650 $23,350 $26,200
60% of AMI* $31,740 $43,140 $48,540 $53,880

** Source: Housing and Community Development Agreement with Developer, 2021
* Housing and Community Development, 2021

Contact

For more information about the Coldstream Commons project or other housing related topics in Truckee, contact Seana Doherty, Town of Truckee Housing Program Manager, housing@townoftruckee.com.

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