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Built in 2019 Studio . 19 units are restricted to participants in the Project Based Voucher (PBV) Program making less than 50% of the area median income. 3 bath. The building will be 5 3-story buildings and a single-story community building. In June 2022, the Regional Manager for the Truckee Artist Lofts confirmed that 59 of the 76 occupied units had tenants from the area. a product of First Street Foundation. The complex features fivethree story buildings for apartments and a Community Building for the services mentioned in the amenities. Easily find your place fast with our millions of apartments for rent. The income cap for the units is 60% of area median income for Nevada County. Call us : (530) 562-2501. Generally considered an easy route, it takes an average of 1 h 16 min to complete. This is a popular trail for hiking, but you can still enjoy some solitude during quieter times of day. 13051 Sawmill Rd Truckee, CA 96161. Work on that phase is expected to begin Spring 2022. {{rating}}/10 Contact us today to pick up application for this exciting new apartment community! Coldstream Commons (opened in July 2021) 48 rental units, 60% AMI or below " Half Open" Truckee Artist Lofts (slated to open fully this month) 76 rental units, 80% AMI or below Wed love for you to stop by and introduce yourself. California State Treasurer Fiona Ma will be the keynote speaker at the celebration, slated for 3 p.m. To serve the diverse needs of their residents, regional partners are prioritizing the accessibility of housing for local workers. Coldstream Commons. Multiple layers of response are needed to address the housing crisis. Welcome to Elements at ColdStream, where nature and nurture seamlessly connect to offer a lifestyle rich in beauty, comfort and outdoor living. If you have any questions, please contact Jenna Endres, Senior Planner, at 530-582-2922 or jendres@townoftruckee.com . As part of the Town of Truckees Inclusionary Housing Ordinance, 15 percent of the new residential housing for this development was required to be affordable for the Master Plan project to be approved. 41. After a short climb up the old terminal moraine of the glacier that once filled this valley, you will see the whole valley open up before you. Proceed down Coldstream Road, which alternates pavement and dirt. Gavin Newsoms allocation of $500 million in the last three fiscal years for state low-income tax credits as well as $1.75 billion in the last budget to address the housing andcommunity development backlog. A list of housing complexes with AMI restrictions is available here. Coldstream Commons is a Truckee Apartment located at 13051 Sawmill Road. There will also be work to replace rusted culverts, and artificial berms. Managed by Coldstream Commons. This project secured a 9 percent California Tax Credit allocation. Scenic Drives. Home; Amenities; Floor Plans; Photos; Map; eBrochure; Contact Us; Return to Content. Download the Coldstream Commons Updated Application Packet 05-2022now. Biking Trails Scenic Walking Areas. This property has 1 unit available for move-in now. LGBTQ Local Legal Protections. Regional housing goals include increasing the availability of a mix of housing types in the region, supporting sustainable communities, encouraging the preservation and development of affordable housing and promoting availability of housing for the local workforce. Truckee Artist Lofts is a mixed-use, affordable housing community for artists and local workforce,located within the Truckee Railyard Project in downtown Truckee. This link will take you to the Final Environmental Impact Report certified by the Town Council. These include: State and federal capital is also tied to certain requirements, such as Area Median Income (AMI), for projects to be approved and funded. By pressing Contact an agent, you agree that Zillow Group and other real estate professionals may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices. What is the Truckee Artist Lofts? Our homes are thoughtfully designed with technology and livability in mind so you can thrive in your element. Units are leasing fast, so call 916-561-0324 today to request an application. Truckee Artist Lofts. The first market-rate homes were completed in March and range from 1,200 square feet to 1,900 square feet. The lake is located in the town of Truckee, between Interstate 80 to the north and Schallenberger Ridge to the south. Located on an infill site in easy walking distance to downtown businesses and public transit, this project is an example of strategically positioning higher density housing near downtown and public transit. The maximum household income by household size for 2022: For more information about the Coldstream Commons contact Coldstream@jsco.netor (530) 536-4032. Here is additional information for each project. Luke Watkins, co-principal of Neighborhood Partners will share an update on Coldstream Commons, the 48-unit affordable housing project. The Coldstream Commons project also includes a new transit stop and pedestrian trail along Donner Pass Road with the specific goal of increasing transit ridership among residents, minimizing auto trips, and reducing GHG emissions. Fifty percent of the units are 1-bedroom and 50% are 2-bedroom. Its easy to feel balanced when youre surrounded by so much beauty. Facts: 3 bedrooms. North Lake Tahoe and Truckee added nearly 300 new workforce housing units with the opening of five new developments, adding much-needed options in a market that has traditionally struggled with affordable housing. 3 bath. ABOUT MHC Roller Pass. The homes will provide for our teachers, our firefighters, and sheriffs deputies, Gustafson said. Facts: 2 bedrooms. 8 myths about renting you should stop believing immediately, 6 ways home buyers mess up getting a mortgage, 6 reasons you should never buy or sell a home without an agent, Difference between agent, broker & Realtor, Real estate agents reveal the toughest home buyers they've ever met, Do Not Sell or Share My Personal Information. Coldstream Commons, which provides residents indoor bicycle storage, was constructed in tandem with the creation of a new Tahoe Area Regional Transit (TART) bus stop and a pedestrian trail. Martis Fund committed $1.4 M for post-construction soft financing, the Town of Truckee gave a $1.65M below market loan and the Tahoe Truckee Community Foundation brought together $250K in impact investing funds alongside an additional $500K in philanthropic capital. The community's namesake is born from all the natural elements that make up this region in Truckee (earth, water and air) as well as the elements we embrace in our lives (family, community and home). For information on general Housing Policies, and the Coldstream Commons and Truckee Artist Lofts developments, please see the fact sections at the end of this document. The property features a 2 BR rental unit available starting at $435. More: Record $60 million Tahoe home still on market as Incline Village housing sets new highs. If you're looking to negotiate, this may be your best option. The 19 units that are restricted to recipients of project-based vouchers. Coldstream Commons 13051 Sawmill Rd, Truckee, CA Developer: Neighborhood Partners, LLC; Pacific Housing, Inc. & John Stewart Company Construction: Brown Construction Property Management: John Stewart Company Contact: 530-536-4032 Coldstream@jsco.net Description. Information is available at www.truckeeartistlofts.com/living-at-tal, Website Design by Granicus - Connecting People and Government. Coldstream Commons is a 48-unit, five-building project which is part of the Coldstream Master Planned Community. tour available. Please enable JavaScript in your browser for a better user experience. As part of the Town of Truckees Inclusionary Housing Ordinance, 15 percent of the new residential housing for this development was required to be affordable for the Master Plan project to be approved. Winter dreamers will really get a kick out of all the fun you can have in the snow. Breaking Down the Numbers and Requirements. How was the development funded? 1252 square feet. Is this property currently leasing units? Provide skills and employment opportunities for low-income individuals through the recycling and hauling of used building materials and building waste materials to/from low-income housing building sites for the construction and improvements of affordable housing. See all 23 apartments and houses for rent in Truckee, CA, including cheap, affordable, luxury and pet-friendly rentals. I love ribbon-cuttings. Moving forward, the second phase of the project is slated to include a large park, 81 single-family home sites, and additional trail and creek restoration along Cold Creek. COLDSTREAM COMMONS APARTMENTS. The units will be a mix of studios, one bedroom, two-bedroom, and three-bedroom apartments distributed across four buildings, located adjacent to the existing Phase 1 of Frishman Hollow, on the corner of Rue Ivy and Highway 89 (near Alder Creek Middle School). Work to rebuild Coldstream Road has also been done, along with other improvements like replacing a culvert bridge over Donner Creek and the removal of overhead utilities. {{/rating}} For housing policy, income thresholds set relative to the area median income such as 50% of the AMI identify households eligible to live in income-restricted housing units and the affordability of housing units to low-income households. Support local journalism with anRGJ digital subscription. Readers around the Lake Tahoe Basin and beyond make the Tahoe Tribune's work possible. Public housing agencies may establish local preferences for selecting applicants from its waiting list. Every contribution, however large or small, will make a difference. The third phase will see more than 100 single-family homes being built and clustered around large tracts of open space and restored pond areas. The MLS # for this home is MLS# 20222460. Jul 17, 2020. The affordable housing aspect of the project, called Coldstream Commons, includes 48 units (24 one-bedroom units and 24 two-bedroom units). Specialties: Tours daily at 10am and 2pm. What is a Project Based Voucher? Donner Pass. This position will be full-time between two properties in Truckee, CA - Meadow View Place and Coldstream Commons. Truckee, and beyond make the Sierra Sun's work possible. 8600 Cold Stream Rd, Truckee, CA 96161 is a 7 bedroom, 3,886 sqft single-family home built in 2003. 12869 Ice House Loop, Truckee, CA 96161 (530) 777-5539 sales@ElementsatColdStream.com Photography shows model homes, actual features will vary, furnishings not included. " Facts: 2 bedrooms. Rents range from $512 to $1,119. 1476 square feet. Infrastructure is in place to eventually connect electric vehicle chargers powered by the PV system. Please click below to fill out a quick form to schedule an appointment, and one of our team members will be in touch. Follow him on Twitter @jasonhidalgo. Coldstream Commons, located at 10290 Cold Stream Road in Truckee, requested and is being recommended for a reservation of $815,859 in annual federal tax credits to finance the new construction of 47 units of housing serving tenants with rents affordable to households earning 25-60% of area median income (AMI). Truckee Artist Loft was designed to reach a Gold level certification with the Green Point Rated (https://greenpointrated.com/)green building program,creating a better environment from the inside outby implementing a variety of green features including: The Frishman Hollow II housing project includes 68 deed-restricted affordable housing units that opened in 2021.