Updated 10/31/23
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.
Truckee Lease to Locals Incentive Program Details
Truckee Lease to Locals Grant Processing Steps
Please note, as the Lease to Locals program is focused on housing creation, each qualified property may participate in the Lease to Locals program one time. There are no additional incentives after year one. We hope to develop programs addressing housing preservation in the future.
##
If you still need to secure tenants, 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 must work at least 20 hours per week for an employer located in the geographic boundaries of the Truckee Tahoe Unified School District (TTUSD).
AND
2) The household’s gross annual Income can not average more than $118,125 per adult.
Lease Template
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 see instructions.
Do you already have an account? Log In
Please enter your username or email address. You will receive a link to create a new password via email.