Placer to open next funding round for Tahoe’s workforce housing program Launchpad
January 26, 2026
Sierra Sun, January 16, 2026
Link to story HERE
TAHOE CITY, Calif. — Placer County is preparing to open the next notice of funding availability for its eastern Placer County Launchpad workforce housing program, with applications expected to open Feb. 25.
On Dec. 3, 2025, the North Tahoe Community Alliance board recommended $3 million in funding for the Launchpad program from the TOT-TBID Dollars at Work program. That recommendation is scheduled to be considered by the Placer County Board of Supervisors for approval at the Tahoe board meeting Feb. 3, 2026. If approved, county staff anticipate opening the window for program funding from Feb. 25 through March 18.
The upcoming NOFA is expected to make a total of $3,275,000 available for workforce housing projects. This total includes the $3 million of TOT-TBID Dollars at Work funding, as well as $275,000 in carryover funding that remained unreserved from the program’s initial NOFA in 2025. By long-standing county policy, all TOT revenue collected in eastern Placer County is reinvested to benefit eastern Placer County.
“The Launchpad program is an important tool for addressing the region’s workforce housing shortage by helping close the financial gap that often prevents projects from moving forward,” said Tahoe housing specialist Tim Cussen. “By partnering with local property owners and developers, we’re able to support housing solutions that serve the community long-term and ensure homes remain available for local workers.”
The Launchpad program is designed to improve the financial feasibility of workforce housing projects for developers, residents and Placer County landowners, while creating long-term housing stability for the local workforce in the North Lake Tahoe region. It was originally approved by the board in April 2025 with $1 million in initial funding. In exchange for receiving program funding, each unit is deed-restricted for local workers for a period of 55 years, with the restriction automatically renewing upon each transfer of the property.
During the program’s first funding round in 2025, a total of $725,000 was reserved for two local workforce housing projects in Kings Beach. These included $125,000 toward the construction of a wheelchair-accessible accessory dwelling unit and $600,000 to support a three-unit tiny home project.
Applications will be accepted beginning Feb. 25 and must be submitted no later than 11:59 p.m. on March 18. The most current information on program guidelines and the NOFA will be posted on the Launchpad program website at http://www.placer.ca.gov/Launchpad.
