The Dollar Creek Crossing affordable housing project in Tahoe City is stalled due to funding challenges, with an $18 million gap needed to proceed. - The county purchased the land in 2019 and has been working with developer Related Norcal Development since.
- The project aims for at least 80 lower-income units, but the development agreement is not ready. - Supervisors suggest creative funding like bonds, while some residents question viability.
- The current preliminary agreement expires at the end of this month, potentially requiring a new RFP process. The county is exploring funding sources through an ad hoc committee to move the project forward.