Report Summary:
The Martis Fund asked the panel to explore development strategies for a workforce housing parcel in Truckee, California, and identify creative workforce development options that in turn strengthened the community. The panel proposed a unique workforce housing project that overcame the usual hurdles found in existing affordable housing developments. A main part of the plan was the creation of a land trust that enabled the Martis Fund to retain ownership and control of the land.
 
The recommended design of the workforce housing development consisted of at least 200 family-oriented residential units, to be built in a series of phases. The units needed to be desirable to year-round employees who otherwise would choose to live in nearby Reno,Nevada. To achieve such desirability, this walkable community would feature amenities such as pocket parks, convenience retail, and sustainable design practices. It was also important for employers who would benefit from their employees having increased workforce housing to help in financing and developing this project. The panel’s land trust model, in which the Martis Fund board would remain actively involved as the landowner, would reduce the need for a traditional workforce housing deed and income restrictions. This innovative model would lead to an employer-driven, regional workforce housing solution.
Report Summary: The Martis Fund asked the panel to explore development strategies for a workforce housing parcel in Truckee, California, and identify creative workforce development options that in turn strengthened the community. The panel proposed a unique workforce housing project that overcame the usual hurdles found in existing affordable housing developments. A main part of the plan was the creation of a land trust that enabled the Martis Fund to retain ownership and control of the land.
 
The recommended design of the workforce housing development consisted of at least 200 family-oriented residential units, to be built in a series of phases. The units needed to be desirable to year-round employees who otherwise would choose to live in nearby Reno,Nevada. To achieve such desirability, this walkable community would feature amenities such as pocket parks, convenience retail, and sustainable design practices. It was also important for employers who would benefit from their employees having increased workforce housing to help in financing and developing this project. The panel’s land trust model, in which the Martis Fund board would remain actively involved as the landowner, would reduce the need for a traditional workforce housing deed and income restrictions. This innovative model would lead to an employer-driven, regional workforce housing solution.
RELATED
Report

ULI Alberta – 2025 Emerging Trends in Calgary & Edmonton

On February 4th and 5th, ULI Alberta brought together expert presenters and a panel of local experts in Calgary and Edmonton to discuss emerging trends in real estate for 2025.
Case Study

The Laureate

The Laureate, winner of the 2024 Jack Kemp Housing Award, is a mixed-income, mixed-use residential development located in the Derwood community of Rockville, Maryland, a block from the Shady Grove Metrorail station.
Case Study

Chattanooga Missing Middle Housing

The Chattanooga Missing Middle Housing project, winner of the 2024 Jack Kemp award and led by Chattanooga Neighborhood Enterprise Inc. (CNE), transformed 50 vacant parcels into 181 units of missing middle housing.
Topics