Town reallocates PLHA funds, and conditionally backs $207,000 to Pacific Crest Commons gap
Jan 1, 2025
Council amended the town’s PLHA plan to revise ADU loan terms, allocate $207,272 toward Pacific Crest Commons affordable housing match and create a down‑payment assistance pilot; changes respond to low take‑up of the town’s earlier ADU loan program and HCD program constraints.
The full story
The Town of Truckee revised its Permanent Local Housing Allocation (PLHA) plan to free up funds for an affordable multifamily project and to redesign underused ADU loan offerings.
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