Housing + Rentals

Housing + Rentals

Housing Situation

 

Supporting the needs of residents and visitors is a challenge in the Tahoe Truckee area. The economics of a visitor economy have a heavy impact on residents, particularly in the area of housing.

The “Housing for the People” series sheds light on the Tahoe/Truckee housing crisis, with an eye toward solutions.

Elevate Tahoe identified that affordable housing was a concern in North Tahoe. In 2015 they announced that "Housing for the People" would be their next focus, creating awareness and starting the conversation about how to improve the housing situation. Elevate Tahoe found that more than 60% of residents spend 30% or more of their salaries for rent or mortgage payments and that short-term rentals were having an impact on affordable long-term housing for residents.

To help address this problem, the Town of Truckee participated in a Regional Housing Study. The findings of the study highlight housing issues that are impacting local businesses and community members:

  • Only 40% of Truckee-North Tahoe’s workforce lives in the region, 60% commuting from outside the area.  These commuters include resorts workers, construction workers, teachers, firefighters and police.
  • 50% of the people who live here do not work here, commuting outside the area for work.
  • Across the region, 65% of the homes are vacant, most of them for seasonal or occasional use.  The remaining 35% of the housing stock is insufficient for the housing needs of the community’s workforce primarily due to age, size, affordability and availability.
  • Significant challenges persist in programs and policies designed to meet the housing needs of residents.

These issues create a fast-moving, competitive sales and rental market, overcrowding, loss of residents to other communities, and increased response time for public services, among others.

TTCRThe Tahoe Truckee Community Foundation (TTCF) recently completed a comprehensive 2016 Regional Housing Study. The breadth of the study includes an assessment of current workforce and tourism trends, the housing market, housing policies, and assistance programs. The study shares case studies of sister mountain destination communities, local upcoming housing proposals, and future workforce demand estimates. bae urban economics completes the study with suggestions of program and policy solutions that could help the North Tahoe region solve our complex housing needs. 

Based on these studies, TTCF and other community leaders identified these next steps: 

  • Develop a Regional Workforce Housing Action plan, including housing production targets, housing mitigation regulations and requirements, housing development standard, incentives, housing assistance program, deed restrictions, workforce housing enforcement, and housing rehabilitation and preservation.
  • Establish a Regional Housing Council as a public and private partnership that would obtain financial and partner commitments for ongoing support, identify an entity to act as a fiscal agent, and provide advocacy and education.
  • Investigate Public Land Utilization opportunities

Assistance

Where Can Someone Go for Help with Housing Issues?

Family Resource Center of Truckee
11695 Donner Pass Rd, Truckee, CA 96161
Phone: (530) 587-2513

Nevada County Health and Human Services
10075 Levon Ave # 207, Truckee, CA 96161
Phone: (530) 582-7803

Placer County Health and Human Services
5225 N Lake Blvd, Carnelian Bay, CA 96140
Phone: (530) 546-1900

Housing Resource List for Truckee-North Lake Tahoe

Nevada County Resources
https://www.mynevadacounty.com/nc/hhsa/housing/Pages/Home.aspx

Placer County Resources
https://www.placer.ca.gov/departments/communitydevelopment/planning/housing-programs

Town of Truckee Resources
http://www.townoftruckee.com/departments/begin-reuse-program
http://www.townoftruckee.com/departments/cal-home-reuse-program

Rental Assistance

Nevada & Placer County

Housing Choice Voucher
HUD rental voucher for very low- and low-income households.

Nevada County

HOME Rental Assistance
One-time renter security deposit assistance for households earning less than 80% of median family income.

First Time Homebuyer Truckee

BEGIN Reuse Program
A first time homebuyer revolving loan fund for households earning 80%-16% of median family income.

CalHOME Reuse Program
A first time homebuyer revolving loan fund for households earning less than 80% of median family income.

Lease to Own

Nevada County
Lease-to-Own Program (Regional Housing Authority). Partnered with Applied Residential Inc. on a lease-to-own program.

Down Payment Assistance

Placer County

CRHMFA Homebuyers Fund 
Down payment grant of up to 5% of home purchase price.

Martis Fund Homebuyer Assistance Program
Down payment assistance program

Housing Trust Fund
Provides matching funds for grant applications.

Nevada County

Down Payment Assistance
Low interest second loans to qualifying first time buyers.

Housing Rehabilitation

Placer County

Housing Rehabilitation Loans
Small grants and loans to low-income (under 80% median family income)  homeowners for repairs.

Nevada County

Energy Efficiency and Weatherization Grants
Grants for weatherization and energy efficiency; energy crisis intervention and utility assistance.

Apartments + Rentals

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How to Find a Rental

Sometimes you can score a rental by looking at flyers outside of Truckee coffee shops and delis or by just driving around the neighborhoods that you like and looking for "FOR RENT" signs. 

Other tricks are to join the Facebook Truckee-Tahoe People and North Tahoe/Truckee Classifieds groups and enter "rentals" in the "Search this group" field. You could also do a post out to the community about yourself and what you're looking for.

Many landlords also post their rental listings on Reno Craigslist.com (enter "Truckee" in the search field).