Our Truckee community is buzzing with excitement after we received the great news that the California Strategic Growth Council has awarded an $8 million grant to the Truckee Railyard Partners. According to an announcement made by the Sierra Business Council, the grant will catalyze the development of 60 units of workforce housing at the Truckee Railyard site immediately adjacent to Truckee’s historic downtown as a part of the larger $100 million private sector revitalization plan for the site.
And it’s been a long time coming. As Truckee Town Manager, Tony Lashbrook, points out, “This funding will kick start infill development and smart growth adjacent to our historic downtown consistent with the vision that this community created 20 years ago as part of Truckee’s General Plan.”
To read the full press release, click here. Keep checking my blog for more exciting updates regarding the Truckee Railyard Project and how it will boost our local real estate market!