Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Town program preserves homes for local workers with 55‑year deed restriction; 24 households helped so far
Summary
The Town of Truckee Home Access Program (THAP) helps income‑qualified local workers buy homes inside town limits by providing up to $150,000 per transaction and placing a 55‑year deed restriction on resale.
The Town of TruckeeHome Access Program (THAP) helps income‑qualified people who work locally buy homes inside town limits by providing up to $150,000 per transaction and placing a 55‑year deed restriction on properties.
THAP participants and town staff described the program at the Truckee Chamber of CommerceGood Morning Truckee event, saying the program is designed to "preserve and protect homes to create places for people who work full time in the Truckee region to live locally." Britney, a Truckee Police Department professional staff member and THAP recipient, told the audience that the program paired her with a realtor familiar with THAP and allowed her and her husband to buy a home they otherwise could not afford.
The program's key features, as explained by town staff and participants, include a deed restriction that remains in effect on resale, income and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
