Dollar Creek Crossing
Partner Agency:

Amount Funded:
$2,500,000
Funding Committee(s):
TOT Committee
- Affordable housing for workers and families in the Greater Lake Tahoe area
- Up to 80 units of rental apartments
- 20 units of for-sale homes, each with an attached junior accessory dwelling unit
- Estimated construction is spring 2025
- Subject to entitlement and funding approvals
- Intended use: Assist in project development/entitlement and construction, including gap financing
Recent Updates:
On April 1, the Placer County Board of Supervisors directed staff to proceed with negotiating a Developer Agreement with Related Companies to develop at least 80 units of affordable housing with land reserved for potential future development. The Developer Agreement is currently in negotiation.