KINGS BEACH, Calif. – Two new local worker housing projects in North Lake Tahoe will move forward thanks to funding reserved from Placer County’s new Launchpad program. A total of $725,000 is being reserved for these projects to be built in Kings Beach, including $125,000 toward a wheelchair-accessible accessory dwelling unit and $600,000 toward a 3-unit tiny home project. 

Approved and created by the Board of Supervisors in April this year with $1 million in initial funding, the eastern Placer County Launchpad program facilitates the creation of new workforce housing units in the North Lake Tahoe region. In return, each unit is deed restricted for local workers for 55-years and auto-renews upon each transfer of the property. 

The program is designed to make workforce housing projects more financially feasible for developers, residents or Placer County landowners.

“We’re excited to see these initial projects get off the ground and get started,” said Tahoe housing specialist Tim Cussen. “The program requires that projects be completed within two years from the time of this funding reservation, so we’ll see them established pretty quickly. There’s a lot of potential here to help our local workers find affordable housing options in North Lake Tahoe.”

The county will monitor the progress of these projects as they move through the permitting and construction process. Funding will be distributed to project owners upon completion of the project and recording of the deed restriction.

Staff are also pursuing future funding, which is anticipated to be announced soon. The $275,000 that went unreserved from the initial program funding will be included in that subsequent release.

To learn more, visit: https://www.placer.ca.gov/10115/Launchpad.