COLDSTREAM COMMONS APARTMENTS. Whether its relaxing lakeside, mountainside or within the sanctuary of a spa, there are plenty of ways to rejuvenate and Zen your cares away. 24 units have an income cap of 60% of area median income for Nevada County. Rainbow Bridge / Donner Summit Bridge. 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. The 48 units are restricted to income earners making 60% of the area median income (AMI) or below, which, for a family of two is under $40,000 per year. Facts: 2 bedrooms. In a continuous effort to improve our product, PC-1 Developers reserves the right to make changes or modifications to pricing, standard features, options & other building specifications & dimensions without prior notice. This new construction community offers 2-3 bed, 3 bath homes ranging from 1,225-1,925 sqft. Public housing agencies may establish local preferences for selecting applicants from its waiting list. How many bathrooms are in the available units? ST: Unfortunately, many of our new and existing affordable housing projects, like Coldstream Commons and Truckee Artist Lofts, require rent to be 30% of resident gross income. The housing crisis in our region, and throughout the state, is not addressed by any singular development, policy, or housing program. Aug 29, 2019 What are the Towns Affordable Housing Requirements? The first homes have been built in the Coldstream project, and more are on the way. The Truckee Artists Lofts satisfy the Railyard Master Plans requirements for affordable housing. To verify enrollment eligibility, contact the school or district directly. The Most Affordable Cities for Apartment Renters in 2019, Not-So-Empty Nests: Cities with the Most Millennials Living with Parents. N/A There is so much to discover in your new home and community. This browser is no longer supported. Truckee, and beyond make the Sierra Sun's work possible. An update has not been requested at this time. To qualify for this tax credit, soft finance funding for this project came from various local partners. Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. This link will take you to the approved tentative maps for the Coldstream Specific Plan. GreatSchools ratings based on test scores and additional metrics when available. Elements at ColdStream is a new community in Truckee, CA by BUILT.. Both Coldstream Commons and Truckee Artist Lofts opened in 2021 and collectively offer 125 income-restricted rental housing units. Major Storm Expected This Weekend- Be Prepared! 3 bath. Eco Truckee Tahoe News. update to your home value. GreatSchool Ratings compare a school's test performance to statewide results. Coldstream Commons has a 2 bedroom unit starting at $513. Proceed on this road until you come to private property signs at the last pond. Judah and Mt. 3 bath. 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). FOR IMMIDIATE OCCUPANCY! 3 bath. A life where you can build lasting memories with your family for generations to come. Search Filters. Amenities include No Pets Allowed and In-Unit Laundry. info@truckeetrails.org 530 . 13051 Sawmill Rd Truckee, CA 96161. The place where memories are made. 12 units are restricted for those with special abilities, funded by Housing and Urban Development 811 funds. The Truckee Artist Lofts is a 77-unit project that is part of the Railyard Master Plan. You don't need to consent as a condition of buying any property, goods or services. Coldstream Commons is a brand new multi-family apartment complex in the North Lake Tahoe area. Truckee is tied to the Nevada County region for AMI purposes. 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. VIRTUAL TOURS. SOUTH LAKE TAHOE, Calif. - During their Tuesday meeting, the five South Lake Tahoe city council members approved an ordinance to increase their pay from $1,147.27 per month to $1,264.86. Donner Lake is a freshwater lake in northeast California on the eastern slope of the Sierra Nevada and about 11 miles (18 km) northwest of the much larger Lake Tahoe. In a continuous effort to improve our product, PC-1 Developers reserves the right to make changes or modifications to pricing, standard features, options & other building specifications & dimensions without prior notice. From skiing and snowboarding to snowshoeing and snowmobiling, your adrenaline will definitely be pumping. 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. CONNECT WITH US. The development is just a short bike or TART ride to Truckee's commercial area on Donner Pass Road. Affordable rental housing is one component of the region's multi-pronged strategy to increase housing availability and works in concert with other housing policies and programs including the Town of Truckee's . Email Address. So, come experience the good life. Lincoln, about two miles (3 km) south of Donner's pass.Here the final climb was up over the somewhat higher but less . If you're looking to negotiate, this may be your best option. {{^rating}} 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. 1252 square feet. Contact us today to pick up application for this exciting new apartment community! 8 Jun 21. Built in 2019 Studio . It's 1.1 miles southwest from the center of Truckee. . NOTE: HUD 811 Program- The Housing and Community Development Act of 1992 authorized the federal program which allows persons living with disabilities to live as independently as they can. Breaking Down the Numbers and Requirements. How many bedrooms are in the available units? 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. tour available. Bookmarks are saved to your account and can be accessed from any device. 8600 Cold Stream Rd, Truckee, CA 96161 is a 7 bedroom, 3,886 sqft single-family home built in 2003. Free viewers are required for some of the . Coldstream Commons is a three-story complex offering 48 apartments. The problem affects not just employees in typically lower-paying fields such as the service industry but also essential workers, said District 5 Supervisor Cindy Gustafson. Covered Parking parking and Off-Street Parking parking available. When residents are able to do errands or commute without a private vehicle, the result can be a significant reduction in greenhouse gas emissions. Facts: 2 bedrooms. 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. {{/rating}} Welcome to Elements at ColdStream, where nature and nurture seamlessly connect to offer a lifestyle rich in beauty, comfort and outdoor living. The federal government also allocated about $1 billion in disaster credits for communities devastated by fire. give concessions if they have many vacant units. Property managers may be willing to 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 Swipe is only available in chrome dev tools mobile mode. 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). These vouchers are attached to specific units and potential tenants undergo the application process through the Regional Housing Authority, an agency that serves the housing needs of residents in Sutter, Yuba, Colusa and Nevada Counties. Please switch to a supported browser or download one of our Mobile Apps. Truckee Artist Lofts is a mixed-use, affordable housing community for artists and local workforce,located within the Truckee Railyard Project in downtown Truckee. Skip Navigation. Yes, there is 1 unit available at this property. Which fits in perfectly with the communitys namesake born from all the natural elements making up this region in Truckee (earth, water and air) as well as the elements we embrace in our lives (family, community, work and home). LGBTQ Local Legal Protections. Historic Sites Points of Interest & Landmarks. Donner Lake also has a public beach. Rents range from $512 to $1,119. Truckee Artist Lofts is a mixed-use . 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. Every . 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. What is the Truckee Artist Lofts? Request a Tour. How can I apply to live at Truckee Artist Lofts? School data provided by National Center for Education Statistics, 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. Only 3 households lived outside of Nevada or Placer County before moving into Coldstream Commons. Generally considered an easy route, it takes an average of 1 h 16 min to complete. Please enable JavaScript in your browser for a better user experience. And where your comfort, your needs and your wants, all coexist in one ideal location. Truckee Winter Services & Community Resources, Workforce & Affordable Housing in Truckee, Subordination Agreement Information & Form, Fair Political Practices Commission (FPPC), Short-Term Vacation Rental Ordinance and Permit Program, American with Disabilities Act (ADA) Notice, A breakdown of the Nevada County Area Median Income Chart for 2022 is available here. 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. Please click below to fill out a quick form to schedule an appointment, and one of our team members will be in touch. Especially, I love seeing when families get to move into these amazing projects.. Facts: 3 bedrooms. Every contribution, however large or small, will make a difference. There are currently 4 2BR If you have any questions, please contact Jenna Endres, Senior Planner, at 530-582-2922 or jendres@townoftruckee.com . All of these play an integral role in your journey to find a place where you can live your best life.