The Lake Tahoe area is a year-round vacation paradise, with world-class boating, mountain biking, skiing, snowboarding, and much more. For the small town of Truckee, wealthy visitors have been an economic boon. But as with many other resort areas, local residents face a challenge finding affordable multifamily housing in a market dominated by short-term vacation rentals.
Lack of affordable housing is more than a problem for local residents; it also stifles long-term economic growth by reducing the size of the permanent workforce. Towns like Truckee are trying new things to solve the problem, including changing zoning laws, subsidizing specific types of housing, and encouraging faster and more efficient modular construction. These are the three factors at play for Truckee’s latest affordable multifamily housing complex, Coburn Crossing.
The project consists of five separate modular apartment buildings with 33 studios, 54 one-bedrooms, 42 two-bedrooms, and nine three-bedrooms, plus amenities like bocce and volleyball courts, barbecues, picnic areas, a playground, and rooftop decks. The complex will be deed-restricted for local ownership only and will rent at market rates.
Prefab Logic will be involved from start to finish as the consulting modular executive, assisting with design, state submittals, and project management.