Down Payment Assistance Program
Workforce housing is a major priority for the Martis Fund. Since 2016, the Martis Fund has invested over $2.2 million into our Down Payment Assistance Program (DPAP) to 53 households who live and work in the TTUSD school district with income levels up to 180% AMI, by providing a loan up to 10% of the purchase price (up to $50,000). Sierra Business Council administers the Martis Fund DPAP program. For more information about the program, please contact the Martis Fund Down Payment Assistance Program Administrator, Gina Jones, with Sierra Business Council at firstname.lastname@example.org. To learn more about the program please visit: https://www.sierrabusiness.org/archives/martis-fund-homebuyer-assistance-program/
Tahoe Truckee Community Foundation
Truckee Railyard – Artist Lofts
The Martis Fund has provided $1.4 million to the Truckee Railyard/Artist Lofts project through the Tahoe Truckee Community Foundation’s Regional Housing Solutions Fund. This project supports housing for our local workforce and will provide 71 low-income units for our community. For more information about the project please visit truckeerailyard.com.
Additionally, $100K supported Community House, a service integration project of our local social service entities. Community House is a project of the Tahoe Truckee Community Foundation.
Mountain Housing Council 2.0: $25,000 (Per year for three years)
The Mountain Housing Council of Tahoe Truckee (MHC) is a project of the Tahoe Truckee Community Foundation and brings together 28 diverse partners to accelerate solutions to achievable local housing.
Sierra Community House: $845,900
Since 2014, the Martis Fund has partnered with Sierra Community House (formerly through Family Resource Center of Truckee) to support the housing needs of local families through Emergency Assistance Funding & Housing Advocacy and Case Management Programs.
Emergency Warming Center: $100,000
Emergency Warming Center in providing support to homeless individuals and families in need of shelter and supportive services. Additional services provided: Day Respite Center, health checks, meals, laundry, access to basic necessities, and connections to other services.
Pacific Housing – Meadowview Place: $100,000
The Project consists of a 56 units new construction affordable rental housing project located in Truckee, California. The units will be affordable to extremely low-income (30% AMI), very low- income (50% AMI) and lower income (60% AMI) households.
Urban Land Institute: $62,188
Workforce Housing Analysis.