TAHOE

For the first time, the Tahoe Truckee Community Foundation (TTCF) and the Tahoe Regional Planning Agency (TRPA) have aligned findings from their respective housing needs analyses, revealing consistent and urgent housing challenges across the greater Tahoe region. While the two studies examine slightly different geographies, the results point to the same conclusion: there is a significant mismatch between housing supply and the local workforce’s needs.

Key takeaways

• In-commuters (those who commute into the Tahoe-Truckee area but would prefer to live in the region) represent the largest share of unmet demand.
• Fifty percent of renter households are overpaying for housing, compared to 34% of homeowners.
• Sixty-five percent of Tahoe/Truckee housing stock is held for seasonal and occasional use.
• From 245% to 255% of Area Median Income (AMI) could be required to purchase a median-priced single-family home in the broader region.

TRPA will use its findings to guide the Cultivating Community, Conserving the Basin phase of the Tahoe Living policy initiative, currently in the scoping phase of an Environmental Impact Statement. Proposed policies in the environmental analysis include changes to the growth management system that would scale certain regulations and incentives by the size of residential units, something the new data points to as an area of concern and possible driver of environmental impacts. Learn more at tahoeliving.org/housingassessment.

TTCF will share the results with local housing authorities in Nevada and Placer counties, the Town of Truckee, and alumni partners of the Mountain Housing Council to help advance locally driven housing solutions. The full report is available at ttcf.net.

~ TTCF, TRPA press release