Tahoe Truckee Region Housing Digest

Gov. Newsom wants to spend $300 million the first year. But falling home prices and rising mortgage rates are complicating the launch.

Gov. Gavin Newsom wants to delay state funds to student housing because of the state’s budget deficit. Lawmakers have different ideas on what kind of compromise might be reached.

The El Dorado County Board of Supervisors will receive a presentation on a vacation home rental program update.

An affordable/workforce housing project in South Lake Tahoe received $3 million from the state government.

Members of the Incline Village Crystal Bay Business Association came together for their first meeting, setting goals and talking about housing with Washoe County officials.

Elizabeth Cameron, a coach for the Palisades Tahoe ski team five years ago, has documented the difficulties of finding places to live in the area.

Landing Locals, the local-housing marketplace for vacation towns, has officially rebranded and also reached a milestone of 500 local employees housed.

The Truckee Tahoe Workforce Housing Agency Board of Directors approved a five-year strategic plan that sets forth a roadmap to expand services, programs, and funding for housing.

Sen. Scott Wiener wants to expand and extend SB 35, which forces cities to approve certain developments with affordable units.

Placer County has been named the first county in California to receive the state’s Prohousing Designation, which gives Placer and its private development partners a competitive edge in obtaining grant funding.

The South Lake Tahoe City Council voted to sign a five-year lease for city offices, discussed housing initiatives, and voted for a program focused on first responders.

The Truckee Town Council discussed the Short-Term Rental Workforce Housing Token Pilot Program, which would encourage the private sector to create workforce housing.

Within the sticky subject of short-term rentals, we have an opportunity to create our own epic tale.

The California Building Standards Code will soon mandate energy storage system readiness on all new home construction and accessory structures such as sheds and barns will need to be built out of fire-resistive material when located within 50 feet of a property line.

Future employees of Homewood Mountain Resort may have a new place to call home following the acquisition of Tahoma Meadows Cottages, located just south of Homewood.

Future employees of Homewood Mountain Resort may have a new place to call home following the acquisition of Tahoma Meadows Cottages, located just south of Homewood.

A new luxury condominium development under construction on top of Kingsbury Grade is accepting reservations for residences that range from $1.5 million to $3.7 million.

Edgewood Tahoe has unveiled the first phase of its new Villa Suites along the lake’s South Shore. The two-, three-, and five-bedroom lakefront units are located adjacent to the main lodge.

The town of Truckee announced the launch of its newest housing program, the Truckee Home Access Program. The program was created to address the affordable housing issues faced by the local workforce.

A crowd hit South Lake Tahoe to celebrate the first phase of the Sugar Pine Village affordable housing project, a 248-unit community.

The first phase of the Sugar Pine Village affordable housing project is beginning with site preparation and infrastructure work. South Lake Tahoe Mayor Devin Middlebrook said, “There is still plenty to do, but I am incredibly happy with what we’ve accomplished thus far through this public-private partnership.”

When the Truckee Artist Lofts opened last summer, it appeared an affordable living option for local artists had finally arrived. But a year in, there are growing concerns. But though frustrations abound, there is hope that kinks will work out.

At Good Morning Truckee, a forum presented by the Truckee Chamber of Commerce, speakers discussed the future of housing programs and what to expect in the coming months with mortgage rates and real estate.

After taking a month off from meetings, the South Lake Tahoe City Council tackled a lengthy agenda, talking about housing, road construction and sustainability goals. The meeting began with a swearing in ceremony for the city’s new fire chief, Jim Drennan.

The South Lake Tahoe Planning Commission will be hearing updates on the housing element, with the aim of bringing more affordable housing and other developments that better the community. A potential health and fitness club will also be discussed.

At a May 10 meeting of the El Dorado County Board of Supervisors and Planning Commission, county analyst C.J. Freeland reported that the county’s housing element had been certified by the state.

This short video from the California Black Media network explains that as Pandemic Rental Aid Programs come to an end, people are losing their homes.

The housing crisis in North Lake Tahoe has hit new levels, with multiple organizations coming together to battle the increasing need to support the area’s homeless population.

Seeking to boost home ownership in California, the state has launched a new program of forgivable loans that allows qualified, first-time buyers to borrow up to 10% of a home’s purchase price, and have the debt forgiven if the buyer lives in the home for five years.

The Truckee Town Council has unanimously approved changes to its short-term rental program. At its April 12 meeting, the council imposed changes regarding inspections, renewal and wait list fees.

With dozens of homes already erected in Olympic Valley, Plant Prefab announced it has secured a bid to prefabricate the final phase of custom homes at the Palisades at Olympic Valley.

The Nevada County Board of Supervisors has voted to increase funding to AMI Housing, Inc., a nonprofit that provides housing and life-skills to residents of Nevada and Placer counties who otherwise might be homeless. With another $900,000, the county hopes to buy property to house people with mental health challenges.