Placer County offers several programs to help residents of all incomes find and retain housing. These range from rental assistance to home buying assistance to housing reserved for local workers.
Hopkins Village, a new for-sale housing development located in Martis Valley, will sell to the Tahoe-Truckee workforce. Forty units (20 half-plexes), each containing 3 bedrooms, 2.5 baths, and a garage, will be constructed and sold entirely to local workers with an initial sale price of $550,000. Buyers must demonstrate a total household income of 180% of area median income or less and work full-time at an employment site located within the Tahoe-Truckee Unified School District boundary. If interested, click here to find all buyer requirements and the application to apply.
Workforce Housing Preservation Program
The Workforce Housing Preservation Program is designed to secure our existing housing inventory for the local workforce. Buyers and developers are eligible for payment in exchange for deed restricting homes so they can only be occupied by local workers. The funding can help homebuyers with down payments or complete renovations. Click here to learn more.
First Time Homebuyer Assistance Program
This program provides flexible second mortgages to help families purchase their first home in the unincorporated areas of Placer County. The First Time Homebuyer Assistance Program loan can help make mortgage payments more affordable. Click here to find the requirements for the program and to join the interest list.
Tenant Based Rental Assistance Program (TBRA)
The Placer County Housing Authority Provides rental subsidies to very low-income and families in Placer County that were impacted by COVID-19 and meet the program criteria (excluding the City of Roseville). This is a LIMITED TIME program and scheduled to end September 30th, 2021. TBRA offers assistance for up to four months of unpaid back rent and late fees accrued after March 13, 2020 (not to exceed $2,500). Click here to find the eligibility criteria and learn how to apply.