Sharon Kerrigan
Upcoming SlideShare
Loading in...5
×

Like this? Share it with your network

Share
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
1,099
On Slideshare
1,099
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
1
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1.  
  • 2. Within the City of South Lake Tahoe
    • There is a history in the Lake Tahoe Basin of remodeling smaller, more affordable units with larger vacation homes, which, upon resale are much less affordable.
    • 35% - owner occupied
    • 65% - 2 nd Homeowners
  • 3. Tahoe’s Complex Regulatory Environment
    • Tahoe Regional Planning Agency (TRPA) charged with protecting Lake Tahoe
    • Bi-state agency formed through act of Congress
    • Result for developers… permitting and building process lengthy & costly
  • 4. South Tahoe Association of REALTORS® (STAR)
    • MISSION STATEMENT:
      • Includes component to advocate for housing:
    • The mission of the South Tahoe Association of Realtors is to... -Educate Members and the Public - Protect the Public by Advocating Private Property Rights and Home Ownership -Contribute to the Community's Well Being -Uphold Professional Standards -Promote a Positive Image and the Value of REALTORS®
    • ... Thereby providing resources enabling our members to serve the public and work together cooperatively.
  • 5. California Association of REALTORS® (C.A.R.)
    • 2002 C.A.R. President Toby Bradley recognizes housing crisis in California and charges each local association with forming a Housing Affordability Committee
    • C.A.R. establishes foundation called the Housing Affordability Fund (HAF)
  • 6. South Lake Tahoe Community Leaders Recognize Need…
    • Grass roots organization called “Tahoe Tomorrow” formed
      • Housing identified as 1 of 4 focuses for group
    • South Lake Tahoe Chamber of Commerce forms Workforce Housing group
    • STAR, Chamber & Tahoe Tomorrow Groups join forces
  • 7.
    • Saint Joseph Community Land Trust
      • a democratically controlled nonprofit corporation whose mission is to provide decent affordable housing to Lake Tahoe residents .
  • 8.
      • Founded in 2002 in response to the rising housing costs and the negative impacts of these costs to the broad social fabric, well being, and sustainability of communities around Lake Tahoe.
  • 9. SJCLT is the only bi-state Community Land Trust serving both Nevada & California in the Lake Tahoe Basin.
  • 10. The Beginning of a Successful Partnership…
    • City of South Lake Tahoe Redevelopment Agency
    • Saint Joseph Community Land Trust
    • South Tahoe Association of REALTORS®
  • 11. TALLAC AVE. DEMONSTRATION HOUSE
    • September 7, 2004:
    • South Tahoe Redevelopment Agency approved Resolution NO. 2004-6 to donate 961 Tallac Avenue, a vacant parcel; and 3802 square feet of land coverage to St. Joseph Community Land Trust
  • 12. Section 3334.2 (a) of the State of California Health & Safety Code
    • Declares that low & moderate income Housing Funds shall be used by a redevelopment agency for purposes of increasing, improving & preserving the community’s supply of low and moderate income housing available at affordable housing costs.
  • 13. St. Joseph Community Land Trust charged with:
    • Developing a moderate income home
    • Single story
    • 3 bedroom / 2 baths, with 2 car garage
    • Within 5 years parcel deeded to SJCLT
  • 14. TRPA also contributes…
    • “ Bonus Unit” program developed for deed restricted moderate, low and extremely low income housing
    • Bonus Unit = Allocation (aka – the right to build)
  • 15. South Tahoe Association of REALTORS® (STAR)
    • STAR pursued and was awarded a grant for $25,000 from the California Association of REALTORS® Housing Affordability Fund (C.A.R. HAF) to assist the St. Joseph Community Land Trust in developing the demonstration project.
  • 16. October 2004
  • 17. Tallac Ave Demonstration Project Begins Development …
  • 18.  
  • 19.  
  • 20.  
  • 21.  
  • 22.  
  • 23.  
  • 24.  
  • 25. The Collaboration Continues…
    • City of South Lake Tahoe Redevelopment Agency
    • South Tahoe Association of REALTORS®
    • St. Joseph Community Land Trust
  • 26.  
  • 27. Questions ??? Thank You