CTC, South Lake Tahoe, 1860 Lake Tahoe Blvd, Phase 4 of 4 (2B)
State of California
Affordable Housing Development
Under Executive Order N-06-19
Location: South Lake Tahoe, CA
Sugar Pine Village is a new affordable residential community to be built in four (4) phases on land provided by the California Tahoe Conservancy that will have a total of 244 new affordable housing units, with four (4) on-site manager units when fully built out. Phase 2B is the fourth and last phase that is in predevelopment with the State for a ground lease with a 99-year term.
The project has been designed to provide residents with new high quality, sustainable housing that supports active transportation, encouraging biking, walking, access to transit, and connection with nearby trails for the local workforce and their families.
Project Milestones
The City of South Lake Tahoe and Tahoe Regional Planning Agency have fully approved the project in record time. The project is being developed in four phases.
Phase 2B
60 Units - Construction is anticipated to start in 2027.
- 12 @ 30% AMI
- 6 @ 40% AMI
- 27 @ 50% AMI
- 15 @ 60% AMI
- 1 Manager Unit
More Information
Jurisdictional Entity: The Department of Housing and Community Development
Size (Site): ± 11.35 acres (all 4 phases)
Proposed Development: 248 units all phases; subtotal for Phase #3 is 60 units.
Developer: Related California
Award Date: TCAC 4%, award anticipated in 2026
Funding stack: Ph2B: TCAC 4%; IIG $3M; HOME $6M; not fully financed
