Rooted Renters

About the Town of Truckee Rooted Renters Program

Launched in July 2024, the Town of Truckee Rooted Renters Program aims to lock in workforce rental units at below market prices for at least three years by providing financial incentives to property owners. The new Program is focused on providing housing to local employees earning up to 150% of Area Median Income (AMI) in existing housing units in Truckee. The goals of the program are to create stable, long-term rental housing at an affordable rate for the local workforce across multiple years, to provide landlords offering below-market rent with equitable participation in the Town’s workforce housing incentive programs, and to expand the Town’s suite of housing programs through a multi-year rental solution. The Town is partnering with Truckee-based local business, Placemate, to market and administer this program.

Participating and qualifying homeowners will receive grants between $9,000 and $26,000 and can self-list their rental property on Placemate's site and connect with potential renters as part of the program. The Town is offering payments based on unit size disbursed in increasing percentages over the course of a three year period to incentivize owners to continue renting their property for a longer period. Tenant qualification in this Program is based on annual income. The average annual income of adult residents of a household (unrelated or related) can not be more than 150% of the area median income ($130,800 per person). Download the Rooted Renters Program Guidelines in English (PDF) and Rooted Renters Program Guidelines in Spanish (PDF) for more information.