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North Tahoe Community Alliance reports $76.5 million leveraged for Tahoe projects; TBID renewal process begins
Summary
Tony Karwoski, president and CEO of the North Tahoe Community Alliance, reported to the Placer County Board of Supervisors on Sept. 22 that the NTCA and partners have invested about $34.2 million directly and leveraged another $42 million for $76.5 million in Tahoe projects over three years through the TOT/TBID grant program; the TBID renewal process is underway with a planned board review on Oct. 14.
Tony Karwoski, president and CEO of the North Tahoe Community Alliance, presented the 2025 annual report for the North Lake Tahoe Tourism Business Improvement District to the Placer County Board of Supervisors on Sept. 22 and reviewed TBID/TOT finances, grant spending categories and the timeline to renew the district.
Key financial summary: Karwoski told the board that over the three years the NTCA has operated the joint TOT/TBID grant program (the "TOT/TBID dollars at work" grant cycles) the NTCA and its partners have invested about $34,200,000 directly and leveraged approximately $42,000,000 in matching funds for a total of about $76,500,000 in project and program investments. He said funds supported trails (~$13,000,000), workforce housing (~$9,500,000), transportation (~$7,500,000), community enhancement…
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