Working to accelerate solutions to achievable local housing in the North Tahoe-Truckee region.
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.
Timeline
Opening in late 2020 to early 2021