Affordable housing project proposed
Truckee Town Council will consider a submission for an affordable housing grant during its meeting tonight, and review a proposal to construct 80 units of affordable housing near the intersection of Highway 267 and Martis Valley Road.
Atlantic Development and Investment proposes to construct Sierra Pines Apartment Homes, a mountain style development which would be located at the entrance to Sierra Meadows Subdivision. The apartments would be built on 7.15 acres of wooded flat land, located at 11400 Brockway Road, at the corner of Martis Valley Road, across from the Truckee-Tahoe Best Western Inn, according to documents submitted to the Town of Truckee.
The site is currently zoned for multi-family residential, allowing up to 12 units per acre. A four-unit per acre bonus is provided for affordable housing.
The proposed complex would consist of five residential buildings with 16 units each, and one clubhouse and community building. The development would have a prominent stone entryway off Martis Valley Road, and all residential buildings would be two stories high. The complex is designed to house families, and no one-bedroom units are included in the design. The units will be either two- or three bedroom, varying in size and ranging from $421 to $1,150 per month.
The project is in the earliest stages of town consideration. the only action town council will consider Thursday is approval of an application for a $1 million application to the state of California under the Home Investments Partnerships Program.
Attorney Ruth Frishman, a longtime campaigner for affordable housing in Truckee, will be local counsel for the project and will assist the developers with land acquisition closing, which is currently scheduled for Nov. 15. She will also render local counsel opinions required for the project’s equity investment.
In other business, council will consider:
– An update by Southwest Gas on the status of gas line installation in Truckee.
– A presentation by Associate Planner Gavin Ball on the Truckee Trails and Bikeways Master Plan.
– Authorization of the community development director to use funds from the Town Air Quality Mitigation Fund to provide financial assistance for he removal of non-certified woodstoves.
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