SJCLT In The News

Improving Housing for a Sustainable Lake Tahoe




South Lake Tahoe Now
3-15-22


 


SJCLT/Related team selected for

Sugar Pine Village Project




Sugar Pine Village Awarded $17,359,470



 

SJCLT & Sugar Pine Village on Reno News 4

Accessory Dwelling Unit Information 

See the Latest SJCLT Newsletter

Project/Program Updates
South Lake Tahoe Riverside Ave. Lots for
Affordable Ownership Workforce Housing

The City of South Lake Tahoe awarded SJCLT the right of first refusal to acquire 3 adjacent lots on Riverside Avenue for development of permanently affordable workforce housing.  Building plans have been approved, building permits have been issued, and construction financing has been arranged.  Construction has begun and the three families under contract are looking forward to moving in to their new homes.

Motel to Home Program Grows

SJCLT's Motel to Home Program continues to grow. With the latest beneficiary, the program has now moved families, including 32 children living in motels, to more permanent & appropriate apartment homes. SJCLT is looking to expand the program beyond South Lake Tahoe.

Sugar Pine Village Awarded $19.6 Million

Sugar Pine Village received another round of grant funds, this time in the amount of $19.6 million.  Funds are coming from the California Department of Housing and Community Development’s Multifamily Housing Program (MHP). 

This new grant funding is a critical milestone in the 248-unit multi-phase workforce affordable housing development’s complex financing structure.

“With this latest funding announcement, it is likely we will be able to break ground on this innovative project as early as this year," said South Lake Tahoe Mayor Devin Middlebrook."

Sugar Pine Village will deliver much-needed affordable, workforce housing to residents earning 30-60 percent of the Area Media Income (AMI), and is the largest multi-family housing project in South Lake Tahoe’s pipeline.  The income requirements will be at the time of renting, but at this time (March 2022) those earning approximately $26,100 - $52,200 annually would qualify.​

Click HERE to read the whole article in South Tahoe Now.