Truckee, CA…Northstar California announced today it will participate in the newly emerging Truckee North Tahoe (TNT) Regional Housing Council. The Housing Council is forming through commitments across the region and will drive and oversee a strategy focused on accelerating regional housing solutions. Northstar will commit $30,000 to the Housing Solutions Fund that will be used to prioritize opportunities, support resident assistance programs, and leverage capital funding.
“Northstar California is thrilled to help kick off the formation of the TNT Regional Housing Council where we can work together with community stakeholders to explore options to bring affordable, incremental housing online for this community,” said Nadia Guerriero, general manager of Northstar California Resort. “The community leadership comprising the TNT Regional Housing Council is a critical next step in creating innovative and community-oriented solutions to address the real housing needs in Truckee and North Lake Tahoe.”
In 2016, the Tahoe Truckee Community Foundation (TTCF) commissioned a housing study that found 12,160 estimated housing units will be needed for the workforce in upcoming years. The study contracted with BAE Urban Economics to gather and analyze data from Truckee, Placer County, and Nevada County to paint a comprehensive picture of the issues. Information and stories were gathered from thousands of community members, adding context to the data and leading to a series of targeted recommendations designed to make an impact on the affordability and availability of housing in the Truckee North Tahoe area. The formation of the TNT Regional Housing Council resulted from this study.
“Northstar’s financial and leadership support of the TNT Regional Housing Council shows a clear commitment to ensuring that the housing needs for employees, families, and businesses throughout the region begin to get addressed. We are proud to welcome Northstar to the Council table,” said Stacy Caldwell, TTCF CEO.