Bright kitchen with pale wood cabinets, marble counters, and woven bar stools at the island.

Local Down Payment Assistance Programs

Home Buyers Jovanah Mckinney November 17, 2022

Workforce Housing Preservation Program

Who: One household member must be employed full-time within the Tahoe Truckee Unified School District boundary (30+ hours per week).

What: Contributes 16% of the purchase price up to $150k!

Where: This program is for properties located in eastern Placer County (North Lake).

Truckee Home Access Program

Who: One household member must be employed full-time within the Tahoe Truckee Unified School district boundary (30+ hours per week). Buyer must meet 245% AMI requirement ($241k for a household of 4).

What: Contributes up to $150k for a maximum purchase price of $937,500!

Where: Within the town limits of the Town of Truckee

Martis Fund

Who: At least 51% of the household income is earned within the Tahoe Truckee Unified School District boundary. Buyer must meet 180% AMI requirement ($183k for a household of 4)

What: Contributes a maximum of $75,000. Homes located within the Hopkins Village project contribute a maximum of $100k (for this project only).

Where: Within the Tahoe Truckee Unified School District boundary.

Hopkins Village (bonus Option and Spoiler Alert, We Have This Project Approved as Well).

Who: One household member must be employed full-time within the Tahoe Truckee Unified School District boundary (30+ hours per week). Buyer must meet 180% AMI requirement.

What: 40 units that are sold to local workers with a sales price of $577,500

Where: Located in the Martis Valley on your way to Schaffer's

*Martis Fund can be used with a Hopkin's Village purchase!

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