Town approves housing document
The Truckee Town Council approved the town’s housing element, a state-mandated housing document that the town has built to aggressively tackle the town’s affordable housing shortage and ensure housing for all income levels.
Within the document are two items, an inclusionary housing policy and a jobs-housing linkage policy, that aim to expand Truckee’s affordable housing stock by linking affordable housing to job and new home creation. These policies have received a tepid reception from Realtors and builders in town, who feel that they are unfairly saddled with the affordable housing problem.
While these policies are within the housing element, they will not become effective ordinances until they are crafted, and then adopted by the town council. This process will include public input, town officials said.
The inclusionary housing ordinance would require that 15 percent of new residential projects be affordable units. The jobs-housing linkage would require that large new development that attracts employees be responsible to house half of those workers.
The housing element, mandated by the state to plan for future housing for all income levels, is required to be updated every five years. The town’s document, which is three years overdue for revision, is being considered ahead of the town General Plan update to give Truckee a better shot at securing state housing grants.
“The housing element is just the first step,” said Hall. “The implementation of the affordable housing programs will be the next step.”
The housing document will now go to the state for certification.