SJCLT is a general partner in Sugar Pine Village with the Related Company. When the 4 phases are complete, Sugar Pine Village will provide 248 units, including studio, 1, 2, & 3 bedroom apartments for Tahoe Basin's low- & moderate-income workforce and families. Sugar Pine Village also envisions a Community Hub building that will provide social services for the community using the Hub Navigator model. The Phase 1 grand opening was held in October of 2024, Phase 2 opened in the fall of 2025, and Phase 3 is scheduled to open in the Fall of 2026.

For information about leasing availability, please visit sugarpinevillageslt.com, email the John Stewart Company Property Manager at sugarpine@jsco.net, or call 916-561-0323.

Sierra Garden Apartments include 76 one- and two-bedroom apartments for the Tahoe Basin's low-income workforce & residents. SJCLT is a general partner with the Pacific Development Group. The project underwent a complete $10 million plus rehab in 2017 and is listed on the City of South Lake Tahoe's Exceptional Properties list.

For information about leasing availability, please contact The John Stewart Company Property Management at:

www.jsco.net

The John Stewart Company

1796 Tribute Road, Suite 200

Sacramento, CA 95815

916-561-0323

Sierra Garden Apartments Office: 530-541-7237

Tenant Meet & Greet

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The Riverside Avenue project includes two 2-bedroom and one 3-bedroom ownership homes for Tahoe Basin moderate-income families. These three families own their homes subject to a 99-year renewable & inheritable ground lease from SJCLT. The resale provision in the ground lease provides the homeowners with equity growth but ensures that the homes will remain permanently affordable for moderate-income households.

The Riverside Avenue Project has been awarded the Tahoe Regional Planning Agencies "Best in the Basin" award for affordable housing and community revitalization.

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The Tallac House was the first moderate-income ownership home constructed by Saint Joseph Community Land Trust. This 3-bedroom home was developed and is stewarded using the Community Land Trust Model. The home is owned by an income-qualified family, subject to a 99-year ground lease from SJCLT. Like the Riverside Avenue homes, the homeowners can realize appreciation based on changes in Area Median Income, but the resale restriction in the ground lease ensures that the home will be permanently affordable to moderate-income families.

Tahoe Tribune Article

First Purchase Under the TAHOE (Tahoe Affordable Home Ownership Enabling) Program

This first purchase under the TAHOE Program has allowed an income-qualified family to avoid displacement from the home they have been living in for over 11 years. Through the program, SJCLT contributed funds toward the purchase and necessary repair costs.

SJCLT will own the land and the income-qualified tenant/purchasers will own the home, subject to the standard 99-year Community Land Trust ground lease. Ground lease provisions include property maintenance requirements, owner occupancy, and resale price limits, ensuring that the home will remain affordable for subsequent generations of owners.