CFY Development Company successfully close on financing for the Truckee Artist Lofts (TAL). TAL will consist of a mixture of studios, one-bedroom, two-bedroom, and three-bedroom affordable workforce housing. Project consist of 77-unit ranging in affordability of 40 to 80 percent of Area Median Income (AMI). Plan are approved and the first foundations were poured on October 29th. TAL will incorporate modular units provided by Factory OS. Modules arrived directly from Factory OS and setting began July 18, 2020. Truckee Development is extremely excited to see modular construction incorporated into the Railyard due to it cost savings, time savings and overall improved quality of construction.
CFY Development Company expects to have a certificate of occupancy for the building in April 2021. More information regarding the units and availability is available at https://www.truckeeartistlofts.com/