Related California and St. Joseph Community Land Trust to Build Affordable Housing under Governor’s Executive Order
South Lake Tahoe, Calif.—The California Tahoe Conservancy (Conservancy) announced today a major milestone in realizing Governor Gavin Newsom’s vision of building affordable housing on excess state-owned land.
Related California, a prominent statewide developer of affordable housing, will partner with Tahoe-based St. Joseph Community Land Trust to build South Lake Tahoe’s first modular multi-family housing development at the South Tahoe “Y.” The development will bring much-needed permanently affordable housing units and commercial space on 11.35 acres of Conservancy property at 1860 Lake Tahoe Boulevard and 1029 Tata Lane.
“Many in our community cannot afford to live and work at Lake Tahoe,” said South Lake Tahoe City Councilmember and California Tahoe Conservancy Board Member Tamara Wallace. “This effort to use developable Conservancy land to build affordable homes could not have come at a better time.”
The Governor’s January 2019 Executive Order directed the California Department of General Services (DGS) to identify excess state properties that would be potentially suitable for affordable housing development. The Conservancy’s Board had already designated the two parcels for development to help fulfill the goals of the Lake Tahoe Regional Plan and the City of South Lake Tahoe’s Tahoe Valley Area Plan.
The Related California team has extensive experience in the Lake Tahoe Basin, including development of the 77-unit Domus affordable housing development in Kings Beach. St. Joseph Community Land Trust, founded in 2002, provides high quality dignified, permanently affordable homes and supportive programs to Lake Tahoe’s low and moderate-income employees and residents.
Prior to selecting the developers, the Conservancy, DGS, and the California Department of Housing and Community Development hosted two community meetings and more than a dozen stakeholder meetings to understand the needs of the surrounding neighborhood and community. The developers and agency partners will continue to involve the community in shaping key features and design elements.
The Conservancy Board has designated 17 Conservancy properties as asset lands that could support sustainable development consistent with local planning at Lake Tahoe. By contrast, most of the Conservancy’s nearly 4,700 properties in the Lake Tahoe Basin are sensitive environmental lands and remain protected for conservation and public access.
- Chris Carney, Communications Director, (530) 543-6057, email@example.com
- Evette Davis, BergDavis Public Affairs, (415) 385-4863, EDavis@bergdavis.com
The California Tahoe Conservancy is a State agency, established in 1985, with a mission to lead California’s efforts to restore and enhance the extraordinary natural and recreational resources of the Lake Tahoe Basin. Learn more at tahoe.ca.gov.
About Related California
Related California, the West Coast affiliate of Related Companies, is a fully integrated real estate firm that develops multifamily residential and mixed-use properties in California. The company has a development portfolio of 16,000 residential units completed or under construction, and more than 1,300 affordable and 3,500 market rate units in pre-development.
Related California has a long history of community partnership, having collaborated with more than 35 municipalities and over 25 non-profit organizations throughout California. Related California has developed more than $6 billion in assets and has a track record of consistently developing communities that exceed industry benchmarks in design, construction, sustainability and property management.
About Saint Joseph Community Land Trust
Saint Joseph Community Land Trust is a 501c3 non-profit membership organization founded in 2002 to preserve and expand permanently affordable housing for Tahoe Basin’s low and moderate-income employees and residents.