Program guide
What to know before you click through
This is still the free fact layer. Open the official source when a detail affects eligibility, repayment, lender choice, or whether this path should stay on your shortlist.
Who qualifies?
Households with at least one adult local worker employed within the Tahoe Truckee Unified School District boundary
What support do you get?
Current Placer County materials say the funded East Placer track can contribute up to 16% of the purchase price, capped at $150,000, toward down payment or renovations.
Do you repay it?
Placer County says the funding does not need to be paid back as a normal cash-repayment loan. Instead, the assistance is exchanged for a deed restriction that runs with the land for 55 years and auto-renews with each sale or transaction, so future occupancy and resale remain limited to qualified local-worker households.
How do you apply?
Use the current online East Placer buyer application or apply in person through Placer County, discuss the program with a compatible mortgage lender, and meet the published local-worker and property rules. The countywide track is not currently funded and only offers an interest-list signup.
Official source evidence
The current Placer County WHPP page says the program pays homebuyers up to 16% of the purchase price toward a down payment in exchange for deed restricting the home for local workers, that the funding does not need to be paid back, and that the deed restriction runs with the land for 55 years and auto-renews with each sale or transaction.
View official source
Last verified
2026-04-20
Program approved 2021-02-16; current guidelines updated 2025-06
Paid preview
What paid access adds for Placer County Workforce Housing Preservation Program
See the shape of the comparison output, risk checks, lender questions, and next-step checklist before you decide whether this program is worth carrying into the paid layer.
Example paid output for this program. The free page stays visible either way.
Comparison preview
Placer County Workforce Housing Preservation Program
Amount: Current Placer County materials say the funded East Placer track can contribute up to 16% of the purchase price, capped at $150,000, toward down payment or renovations.
Repayment: Placer County says the funding does not need to be paid back as a normal cash-repayment loan. Instead, the assistance is exchanged for a deed restriction that runs with the land for 55 years and auto-renews with each sale or transaction, so future occupancy and resale remain limited to qualified local-worker households.
First-time buyer: Unknown
Risk checks preview
What gets flagged before you call a lender
- Placer County Workforce Housing Preservation Program must be paired with a specific first mortgage.
- Placer County Workforce Housing Preservation Program can trigger repayment on sale or refinance.
Lender questions preview
Questions tied to this exact path
- Which first-mortgage product must be paired with Placer County Workforce Housing Preservation Program, and what breaks eligibility?
- Which events trigger repayment for Placer County Workforce Housing Preservation Program: sale?
Action checklist preview
What you would do next
- Review the official WHPP page for Placer County Workforce Housing Preservation Program
- Carry the lender question kit for Placer County Workforce Housing Preservation Program