RENO HOUSING AUTHORITY (RHA)

• The potential development of the IES site is still in the very early conceptual stages. Area Median Income (AMI) targeting is ultimately determined by final funding sources. 
• HUD establishes AMI levels annually at the county or Metropolitan Statistical Area (MSA) level. For developments financed with Low-Income Housing Tax Credits (LIHTC), rents and tenant eligibility are based on these income limits.
•  LIHTC developments can reach up to 80% AMI under income-averaging rules. If additional funding sources are secured, it may be possible to target higher income levels for some units.
• RHA does not plan to serve as the developer, owner, or operator. RHA plans to support this effort through assisting in and /or leading the competitive selection of a master developer/operator and contributing the land to the deal through a ground lease.
• Project specifics would be determined by that to-be-selected Master Developer as they work through design, entitlement, financing, and further community engagement.
• RHA wants to engage the community in the creation and development of proposals from developers when/if the site is conveyed to RHA for affordable housing.
• Any developer pursuing a project on this site that is not transit-oriented affordable housing would have to repay the FTA loan attached to the property.
• Preference could be given to potential renter applicants living in Inclive Village/Crystal Bay.

~ J.D. Klippenstein | Deputy Executive Director, Reno Housing Authority

P: 775.329.3630 ext. 212

E: jklippenstein@renoha.org

TAHOE TRANSPORTATION DISTRICT

Below are the binding affordability requirements that must be met when a Federal Transit Authority (FTA)-assisted asset (land or property) is transferred to a local governmental authority for use in a transit-oriented, affordable housing project under 49 U.S.C. § 5334(h)(1)(B). These criteria must be certified to and concurred in by FTA before the transfer:

• 40 % of the total housing units in the TOD site—whether developed by the local agency or by private/non-profit partners—must be subject to legally binding affordability restrictions for both tenants and (if for-sale) owners earning up to 60% of Area Median Income (AMI).
• Within that 40%, at least half (i.e., 20% of total units) must be further restricted to households at or below 30% AMI.  
• These income-band restrictions must be enforceable—typically via deed covenants, restrictive covenants, or regulatory agreements—throughout the entire compliance period.
• The transferred asset must remain in use for transit-oriented development, including these affordability restrictions, for no less than thirty (30) years from the date of transfer.  
• All of the above stem from FTA’s Interim Asset Disposition Guidance implementing the December 27, 2021 NDAA amendments to 49 U.S.C. § 5334(h)(1) (effective 12/27/2021).

Projects must document and certify compliance with each of these affordability tests in their request to the FTA regional office. The code can be found here:  https://www.govinfo.gov/content/pkg/USCODE-2024-title49/pdf/USCODE-2024-title49-subtitleIII-chap53-sec5334.pdf

~ Jim Marino, Executive Director, Tahoe Transportation District

P. 775-557-4901

E. jmarino@tahoetransportation.org

Too many local families have faced the difficult choice of leaving Tahoe – the place that they love – to find steady affordable housing. Those who choose to stay often bounce from rental to rental, believing home ownership is an impossible dream. Down payment assistance programs like WHPP (Workforce Housing Preservation Program) offered through Placer County are providing a pathway to home ownership in the North Lake Tahoe region. In this episode of Voices for Housing we meet Katie and Mike. The WHPP program helped them make homeownership a reality. Click on the photo above to watch the full video.

Originally published in the Tahoe Daily Tribune, 6/22/2026, Staff Report

The CEO and five members of Incline Village REALTORS® traveled to Washington, D.C., for the 2026 REALTORS® Legislative Meetings, where they met with members of Congress and Congressional staff to advocate for policies that increase housing supply, build stronger communities, and support self-employed professionals.

During meetings on Capitol Hill, members and staff of the Incline Village REALTORS® met with Senators Jacky Rosen and Catherine Cortez Masto and urged support for:

The More Homes on the Market Act, which would update the tax exclusion on the sale of a primary residence and incentivize more long-term owners to sell their homes. Updating America’s tax law is a key pathway to more supply.

READ MORE

Photo provided

Originally published in the TRPA Housing ENews

If you shop at a grocery store, rely on snow plow service, need health care, have kids who go to school here—all the people who provide those critical community services need housing. Without a vibrant workforce, our local economy suffers. Tahoe Housing Hub is covering stories like these. View the series here.

TRPA E-News, 05/21,2026

Lake Tahoe may not carry a national park designation, but thanks to decades of dedicated partnership, in many important ways it’s protected like one. Ninety percent of the land in the Tahoe Basin is public. Within this natural landscape, we also have vibrant communities of residents and visitors enjoying and stewarding this land.

At the same time, rising costs are pushing our workforce out of the basin, something partners are seeing firsthand. The people who teach our children, serve at our restaurants, and staff our hospitals increasingly can’t afford to live here, which means they are forced to commute from further away. This adds real pressure on Tahoe’s environment and communities.

Read on to see how Tahoe partners are working together to explore solutions, and how you can get involved.

Originally published in the Tahoe Daily Tribune, 4/22/2026, Written by Incline Village Realtors

 The Incline Village REALTORS® received a $7,500 Housing Opportunity Grant to unite real estate leaders, stakeholders and community leaders at a Lake Tahoe Housing Forum in Incline Village to advance housing resources across the Tahoe basin and share solutions to affordability challenges across the region.

The grant award is made possible by the National Association of REALTORS® as part of its Community Development Advocacy program, which empowers REALTOR® associations to strengthen their communities through effective advocacy, partnerships, and on-the-ground initiatives.

READ MORE >

Tahoe Housing Hub

Who needs housing in our community? In this episode of Voices for Housing, we introduce you to Alison. Her work is critical to the environmental protection of Lake Tahoe. Alison explains how difficult it is to hire and retain quality workers simply because they cannot find affordable housing. This impacts not just the workers themselves, but the businesses who want to hire them. Building a thriving local economy is tied directly to having safe, dignified, affordable housing for local workers. This is Part 1 of Alison’s story.Watch for a new episode each month as we introduce you to people from every part of our community.