An update has not been requested at this time. Truckee Artist Lofts, a 77-unit affordable housing project, will be deed-restricted to income earners making between 30 and 80% of the area median . The Coldstream Specific Plan hybrid option for building multiple houses near Coldstream Canyon was approved by the Truckee Town Council at their hearing on August 25, 2014. 1476 square feet. Record $60 million Tahoe home still on market as Incline Village housing sets new highs, Your California Privacy Rights/Privacy Policy. Please click below to fill out a quick form to schedule an appointment, and one of our team members will be in touch. Rents range from $512 to $1,119. Is this property currently leasing units? I love ribbon-cuttings. Welcome to Elements at ColdStream, where nature and nurture seamlessly connect to offer a lifestyle rich in beauty, comfort and outdoor living. The project involves the construction of a transit stop at the northern entrance of the site as well. What are the Towns Affordable Housing Requirements? Generally considered an easy route, it takes an average of 1 h 16 min to complete. 8 Jun 21. How many bathrooms are in the available units? Product availability is subject to change. Subscribe today! More. In response to these questions, we are providing the following overview of these new developments and how they fit into regional efforts to address our local housing crisis. Who is Housed at Coldstream Commons? So, come experience the good life. What is the Truckee Artist Lofts? The project satisfies the Town of Truckee Inclusionary Housing Requirement (15%) that was required for the Master Plan project approval. WHAT: Ribbon cutting to celebrate the opening of 288 affordable and workforce housing units in North Lake Tahoe and Truckee in five new developments, WHERE: Donner Pass Road and Truckee Way, Truckee, 2 3 p.m. Bus tours of the developments, 3:30 5 p.m. Reception and community celebration (local food trucks, community booths), WHO: California State Treasurer Fiona Ma, Town of Truckee Mayor Anna Klovstad, Placer County Supervisor Cindy Gustafson, Nevada County Supervisor Heidi Hall and other housing partners from critical state agencies. The Truckee Artists Lofts satisfy the Railyard Master Plans requirements for affordable housing. The project secured a 4 percent California Tax Credit allocation, a $11M Californias Affordable Housing and Sustainable Communities Grant, and U.S. Department of Housing and Urban Development (HUD) 811 Funding to support the construction of the 15 percent of the projects units that were required to be affordable. VIRTUAL TOURS. 1925 square feet. Change Location. Swipe is only available in chrome dev tools mobile mode. Coldstream Canyon In Truckee, CA. Proceed on this road until you come to private property signs at the last pond. Mountain Housing Council completed a housing needs assessment in 2021, and with that assessment the Town and partner agencies are developing programs and policies to address housing needs at various income ranges and housing types. Developments like these help ensure opportunities for our children to be able to stay in the communities they love.. Please switch to a supported browser or download one of our Mobile Apps. Jul 17, 2020. . Your financial . 1760 square feet. In response, Ma pointed to Gov. 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. 57 units have an income cap of 80% of area median income for Nevada County. Life here is a walk in the park, a swim in the lake, a hike in the mountains, a ski in the afternoon, kind of life. 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. These funding allocations created specific limitations on the income level for the units. Wed love for you to stop by and introduce yourself. Coldstream Commons. Workforce Housing Advancement Program This new program, which is still required to go back to the Truckee Town Council for approval later this year, aims to incentivize the participation of the private sector in creating housing solutions by offering transient rental registration certificates (short-term rental certificates) in exchange for deed restricted workforce housing. 19 units are restricted to participants in the Project Based Voucher (PBV) Program making less than 50% of the area median income. Eco Truckee Tahoe News. 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. For Sale. 3 bath. The property features a 2 BR rental unit available starting at $435. Coldstream Commons received 13.5 million dollars in Cap-and-Trade funding through the Affordable Housing and Sustainable Communities Program (AHSC) which provides funding to affordable homes and sustainable communities, including bike and walking improvements, transit, and planning. For more information about the projects, including how to qualify for residency, visit the Mountain Housing Council website. 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. Work done in the first of three phases includes creating onsite trails that link to the towns greater trail system; the construction of 58 market rate homes by BUILT, out of Reno; four mixed-use units; two commercial pads; and 48 multi-family affordable units, which are being built by Neighborhood Partners, out of Davis. 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. {{/rating}} How was the development funded? Truckee River Legacy Trail. Facts: 2 bedrooms. The project secured a 4% California Tax Credit allocation, a $11M Californias Affordable Housing and Sustainable Communities Grant, and HUD 811 Funding. Readers around the Lake Tahoe Basin and beyond make the Tahoe Tribune's work possible. Town Electric Vehicle and EV Charging Stations, Green roof with resource efficient landscape, Insulation with recycled contentand no fire retardants. Start a dialogue, stay on topic and be civil. Construction of a Class I paved trail connecting to the entrance of Donner Memorial State Park has already been completed, and connects to other segments of the Truckee River Legacy Trail. If you would like to stay up-to-date on Truckee's sustainability efforts or sign up for trash and recycling pick up day reminders, submit your info here! The April 13 Good Morning Truckee will present an update on the Coldstream planned-community development. Readers around Lake Tahoe, Truckee, and beyond make the Sierra Sun's work possible. Work on that phase is expected to begin Spring 2022. Facts: 3 bedrooms. Especially, I love seeing when families get to move into these amazing projects.. "Coldstream [Commons, a 48-unit affordable housing project in Truckee] and artist lofts collectively are 125 units. Units are leasing fast, so call 916-561-0324 today to request an application. View driving directions. Both Coldstream Commons and Truckee Artist Lofts opened in 2021 and collectively offer 125 income-restricted rental housing units. If you have any questions, please contact Jenna Endres, Senior Planner, at 530-582-2922 or jendres@townoftruckee.com . Contact us today to pick up application for this exciting new apartment community! Product availability is subject to change. How many bedrooms are in the available units? 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. Whether its relaxing lakeside, mountainside or within the sanctuary of a spa, there are plenty of ways to rejuvenate and Zen your cares away. Our vision going into the project was take a highly disturbed site and find a way to repurpose it and create a nice reuse opportunity for the town of Truckee, said Isle. Donner Lake. Theres no place like home literally takes on a whole new meaning here as you settle into a life with less stress and more fresh air. In order to find the best deal, you need to know what types of units are available. This propertys flood risk is increasing. Insures preventative maintenance scheduling and performance is up to date. Home; Amenities; Floor Plans; Photos; Map; eBrochure; Contact Us; Return to Content. Aug 29, 2019 By proceeding, you consent to receive calls and texts at the A ribbon cutting fest is taking place on Friday, Oct. 1 in Truckee to celebrate the opening of 288 new affordable and workforce housing units at five locations throughout the North Lake Tahoe and Truckee region. Welcome to Elements at ColdStream, where nature and nurture seamlessly connect to offer a lifestyle rich in beauty, comfort and outdoor living. Bring your family and experience everything Truckee has to offer a playground for all seasons. 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. Truckee River Homes DRE #01526075, Get Pre-Approved with our Preferred Lender. Managed by Coldstream Commons. email, from realtor.com and, Home buyers reveal: 'What I wish I had known before buying my first home', Selling your home? In the case of the Truckee Artist Lofts, points are given for the following categories that would determine your position on the waitlist: 5 points Artist (this preference will require completion of a questionnaire and verification prior to lease up by third party review, if status is denied, applicant will be placed back on the waitlist without the preference points), 2 points Live/Work/Elderly/Disabled in the Town of Truckee, 1 point Live/Work/Elderly/Disabled in Nevada County, 1 point Homeless in Regional Housing Authoritys jurisdiction. Print/PDF map. 8600 Cold Stream Rd, Truckee, CA 96161 is a 7 bedroom, 3,886 sqft single-family home built in 2003. Located adjacent to Donner State Memorial Park in Truckee, Coldstream Commons is a 48-unit, five-building project within the Elements at Coldstream Master Planned Community. {{#rating}} We'll supply the helmets and take you and . var obConfig = { footer: '' }; Bookmarks are saved to your account and can be accessed from any device. Only 3 households lived outside of Nevada or Placer County before moving into Coldstream Commons. Cosmetic and routine maintenance throughout the community. Donner Pass. If you don't follow the rules, your comment may be deleted. . Your financial contribution supports our efforts to deliver quality, locally relevant journalism. 24 of the units are 2- bedroom units and 24 are 1-bedroom units. A large community room is located in the center of the community to be enjoyed by residents. 24 units have an income cap of 60% of area median income for Nevada County. 12 units have an income cap of 30% of area median income for Nevada County. Rentable was built for renters by renters. Fifty percent of the units are 1-bedroom and 50% are 2-bedroom. Property managers may be willing to The income cap for the units is 60% of area median income for Nevada County. Grandparents, cousins, uncles and aunts, kidseveryone can connect on a level that is hardly seen anymore. 1 Baths. Its easy to feel balanced when youre surrounded by so much beauty. Luke Watkins, co-principal of Neighborhood Partners will share an update on Coldstream Commons, the 48-unit affordable housing project. The complex features fivethree story buildings for apartments and a Community Building for the services mentioned in the amenities. Another notable feature of this project is a photovoltaic (PV) solar system that will be constructed on the roof of the community building. Truckee, CA. Facts: 3 bedrooms. Check for available units at Sawmill Heights Apartments in Truckee, CA. Both Coldstream Commons and Truckee Artist Lofts opened in 2021 and collectively offer 125 income-restricted rental housing units. LGBTQ Local Legal Protections. 12993 Winter Creek Loop #8, Truckee, CA 96161. This position will be full-time between two properties in Truckee, CA - Meadow View Place and Coldstream Commons. The new units should help increase the housing mix available in the region while providing critical relief for the low- to moderate-income families, workers and artists that make up the backbone of communities in Californias high-cost areas, according to Fiona Ma, California state treasurer. You also agree to our Terms of Use. Truckee Artist Lofts. FOR IMMIDIATE OCCUPANCY! Choose to ride single or double-up* on our newer snowmobiles. This property is at 13051 Sawmill Road in Truckee, CA. Menu. Coldstream Commons has a 2 bedroom unit starting at $513. The affordable housing aspect of the project, called Coldstream Commons, includes 48 units (24 one-bedroom units and 24 two-bedroom units). Easily find your place fast with our millions of apartments for rent. Hotels near Coldstream Adventures, Truckee on Tripadvisor: Find 25,198 traveller reviews, 2,230 candid photos, and prices for 251 hotels near Coldstream Adventures in Truckee, CA. Environmental risk data is provided by Risk Factor, Judah and Mt. Please ask us for more information! If you're looking to negotiate, this may be your best option. Message/data rates may apply. Every . The list of leisure activities are as plentiful as they are rewarding and only minutes from your front door giving you plenty to experience no matter where the day takes you. 12 units are restricted for those with special abilities, funded by Housing and Urban Development 811 funds. The federal government also allocated about $1 billion in disaster credits for communities devastated by fire. Biking Trails Scenic Walking Areas. Multiple layers of response are needed to address the housing crisis. LGBTQ Local Legal Protections. 1476 square feet. Facts: 2 bedrooms. 24 of the units are 2- bedroom units and 24 are 1-bedroom units. The complex features five. Area Medium Income (AMI) is the midpoint of a regions income distribution half of the families in a region earn more than the median and half earn less than the media. Coldstream Commons Updated Application Packet 05-2022. All community details proposed and planned are preliminary and subject to change without notice. 3 bath. The Coldstream Commons Project, located adjacent to Donner State Park and the Elements Residential Development, opened in Fall 2021. 19. Support local journalism with anRGJ digital subscription. The apartments are located next to Donner State Park and are expected to open early Fall 2021. Walking paths and a community park beckon you to linger. In June 2022, the Regional Manager for the Truckee Artist Lofts confirmed that 59 of the 76 occupied units had tenants from the area. Amenities include No Pets Allowed and In-Unit Laundry. Housing is a very complex endeavor reviewing it, approving it, financing it, constructing it, filling it at every corner, it is just plain hard, Klovstad said. Nine of the units are restricted for those with special abilities, funded by Housing and Urban Development 811 funds. Bookmarks are saved to your account and can be accessed from any device. Download the Coldstream Commons Updated Application Packet 05-2022now. The project consists of 47 restricted rental units and 1 unrestricted manager unit. Schedules and responds to work orders, including following up with residents and management as needed. The lake is located in the town of Truckee, sandwiched between Interstate 80 to the north and Schallenberger Ridge to the south. Housing is a priority for the Truckee Town Council, Nevada County Board of Supervisors, our community, as well as the State. Leave a voice mail and staff will get back to you. Applications go out June 1 to those on the interest list. Phone Number (optional) Request a Tour Date. Close proximity to everything you might desire is mere minutes away, including Donner Lake which is within walking distance. tour available. How many units are move-in ready in the next 2 months? To verify enrollment eligibility, contact the school or district directly. Our guide, Frank, took us along groomed trails, open meadows of fresh powder, and to lookouts that offer incomparable vistas of the Sierras. 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). More: Record $60 million Tahoe home still on market as Incline Village housing sets new highs. The building will be 5 3-story buildings and a single-story community building. Isle indicated that rents will be in the range of $925 for one-bedroom units, and around $1,125 for two-bedroom units.