Below is a breakdown of how the process works for the Truckee Lease to Locals Incentive Program when securing your own tenants. Please read these closely. It is important you take each of these steps to qualify for the grant program.
We offer an optional listing and screening service to do this for you, for a one-time tenant placement fee of 50% of one month’s rent. Reach out to your Placemate contact if you’d like to get started with that option.
Truckee Lease to Locals Incentive Program Details
Truckee Lease to Locals Grant Processing Steps
Here is some language you can put in your property listing, and a draft lease agreement for you to use if you choose. You are welcome to market your property as you please and use any lease agreement you like, so long as your tenants and lease meet program qualifications.
Draft Listing Language
The owner of this property is participating in the Truckee Lease to Locals Program aimed at unlocking existing homes for local employee needs. As such, only tenants that meet the following qualifications will be considered for this home:
1) Work for an Employer in the Region — At least 50% of the adults over 18 in the household (related or unrelated) must work at least 20 hours per week, for an employer located in the geographic boundaries of the Truckee Tahoe Unified School District (TTUSD).
2) The household’s gross annual Income can not average more than $103,350 per adult.
You can use any lease you wish so long as your terms meet the program requirements. Placemate can not legally prepare your lease for you. However, we have worked with local Truckee legal firm MOBO Law, to create a Tahoe-specific lease template you can use.
Click here to view and download the lease template and to see instructions on how to complete the lease template.