Affordable home in the works
November 24, 2004
South Tahoe Association of Realtors was awarded a grant of $25,000 from the California Association of Realtors for the Saint Joseph Community Land Trust to develop a demonstration project to help solve Lake Tahoe’s housing needs.
Robert Heffernan, project manager for Saint Joseph Community Land Trust, said, “I look forward to building our first affordable quality home at Lake Tahoe. I’m pleased to see our local Realtors are enthusiastic about assisting in the building of quality affordable housing.”
The California Association of Realtors developed the Housing Affordability Fund in 2003, and has collected funds from all over California. The group selects projects that are exemplary to receive donations. STAR’s involvement with affordable housing began with the previous president, Gerry Reed, who started the housing affordability fund. Cheryl Murakami, South Tahoe Association of Realtors local government relations chairperson, spearheaded the grant application with the assistance of the city of South Lake Tahoe Redevelopment and Housing Department. She went the extra mile in communicating with CAR on the application. STAR is very proud that this project was awarded grant funds.
The city of South Lake Tahoe dedicated a vacant lot on the corner of Tallac and Riverside avenues to the Saint Joseph Community Land Trust for the purpose of developing a moderate-income home. Construction of the home will help the city attain its goal to create “workforce housing” in the community. The structure is to be a single-story, three bedroom, two bath, two-car garage home. Moderate-income is defined as less than 120 percent of the area’s median income. An income limit of about $83,000 for a family of five would meet the criteria for moderate-income.
STAR President Mary Strohm said, “The city of South Lake Tahoe really stepped forward with the donation of the lot. After the city made the donation the enthusiasm carried over the California Association of Realtors when the grant application was presented. This is the beginning of a successful partnership between South Tahoe Association of Realtors and Saint Joseph Community Land Trust in working toward finding solutions for the community housing needs of Lake Tahoe. This is truly a demonstration project that people can make a difference.”
A list has been started for those interested in owning this first moderate-income housing project with Saint Joseph Community Land Trust. Those desiring to be included on the list are asked to call (530) 541-8930 to make arrangements. The Saint Joseph Community Land Trust office, located at 1041 Lyons Ave., is staffed on Tuesday and Thursday between the hours of 9 a.m. to 4 p.m.