Truckee Railyard Artist Lofts

Truckee

Location: Downtown Truckee,
Part of Truckee Railyard Project
Contact Info: See contact form on website below
Website: Truckee Artists Lofts

Description

TAL (Truckee Artist Lofts) is a mixed-use, affordable housing community for artists and local workforce, located at the Truckee Railyard Project in downtown Truckee. It will include 76 income-restricted rental apartments, ranging from studios to three-bedroom units, and ground floor commercial/retail space.

Funding

State Tax Credit Project with soft financing from various local partners to compete for state tax credits

Range for rents and AMI targets for rents

76 units ranging from 30% to 80% AMI (Very low up to low income)

Mix of studios and 1-bedroom, 2-bedroom, and 3-bedroom apartments

Rents are set by the California Tax Credit Allocation Committee. In 2019, rents ranged from a low of $370 for a 30% AMI studio to $1,500 for an 80% AMI 3-bedroom unit with most units in the $650 to $850 range. Learn more about the Truckee Artists Lofts on the Town of Truckee website.