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Placer supervisors approve $5.45 million in TOT grants, highlight housing policy questions

Placer County Board of Supervisors · February 3, 2026

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Summary

The board approved seven TOT projects totalling $5,451,815 — including $3,000,000 for an Eastern Placer Launchpad program — while NTCA and community speakers urged further policy work to expand housing funding pathways and clarify Launchpad guidelines.

Placer County on Feb. 3 approved tourism‑occupancy‑tax (TOT) investments totaling $5,451,815 for seven projects in the North Lake Tahoe region, including parks, trails, shuttle services, workforce housing assistance and a $3 million Launchpad fund to acquire deed restrictions for multifamily deed‑restricted housing.

Deputy CEO Stephanie Holloway said the recommendation followed NTCA and TOT committee vetting of 35 submitted projects and that the panel advised seven for board approval. The board approved the following funding awards:

• North Tahoe Public Utility District (public art, North Tahoe Regional Park): $65,000 • Scottie Lapp Memorial Skate Park (Scottie Lapp Foundation): $400,000 • Tahoe City PUD, Dianne Feinstein Westshore Trail reconstruction (Segment 1): $1,500,000 • High Fives Foundation, North Tahoe Trail expansion (ADA improvements): $43,945 • Truckee‑North Tahoe Transportation Management Association, Tahoe City events park‑and‑ride pilot: $92,480 • Sierra Community House, workforce housing direct assistance (rental assistance): $350,000 • Eastern Placer Launchpad (Placer County‑led program to buy deed restrictions for multifamily deed‑restricted housing): $3,000,000

Holloway also summarized non‑action policy recommendations from the NTCA and TOT committee related to developing a shared regional funding strategy, revisiting a housing-feasibility study, issuing a Notice of Funds Availability (NOFA) should the board approve Launchpad funding, and exploring joint funding for projects that cross jurisdictional boundaries. Several public speakers — including business, housing advocates and a local developer — praised the awards while asking the county to expand pools and clarify whether private developers can access TOT‑sourced incentives and how Launchpad eligibility will be applied. The board moved and unanimously approved the packages and asked staff to develop implementation steps, including a planned NOFA for Launchpad funds if the board’s allocation is confirmed.