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.

Timeline

Opening in late 2020 to early 2021