South Lake Tahoe Affordable Housing Project 2A
State of California
Affordable Housing Development
Under Executive Order N-06-19
Location: South Lake Tahoe, CA
The California Tahoe Conservancy provided two parcels of land for the development of affordable housing in South Lake Tahoe. Sugar Pine Village is a new residential, mixed-use affordable community that compliments the existing neighborhood while also preserving native species and sensitive land. The project has been designed to provide residents with new high quality, sustainable housing that supports active transportation, encouraging biking, walking, access to transit, and connection with nearby trails for the local workforce and their families.
Project Milestones
The City of South Lake Tahoe and Tahoe Regional Planning Agency have fully approved the project in record time.
The project is being developed in four phases.
Phase 2A 60 Units-Under Construction.
- 18 @ 30% AMI
- 9 @ 50% AMI
- 32 @ 60% AMI
- 1 Manager Unit
More Information
Jurisdictional Entity: The Department of Housing and Community Development
Size (Site): ± 11.35 acres
Proposed Development: 248 units
Developer: Related California
Award Date:
Ph1A: TCAC 4% award December 2021
Ph2A: Housing Accelerator award December 2022
Ph1B: TCAC 4% recommendation for August 6, 2024 committee date
Ph2B: TCAC 4%, not fully financed
Funding stack:
Ph1A: TCAC 4%; MHP $12.1M; IIG $3.2M; PLHA $4.8M; LGMG $5.6M; City $821k
Ph2A: Housing Accelerator $23.9M; AHSC $10.5M; IIG $3M; PLHA $4.8M; LGMG $4.3M; City $1M
Ph1B: TCAC 4%; MHP $7.5M; IIG $3M; HOME $5.2M; City HOME PI $625k; LGMG $10M, County PBVs
Ph2B: TCAC 4%; IIG $3M; HOME $6M; not fully financed
