To learn more about the deed restriction requirements, use of Tokens, and selection process, visit The press release is attached, and additional questions can be addressed by Lynn Baumgartner, Housing Program Analyst, at HERE to view the Token Program Press Release. Selected proposals will require participants to deed restrict the workforce housing units for a term of fifteen years to receive the Token incentive. sold, traded, or otherwise conveyed) to another entity. It may be re-used between eligible short-term rental properties and can be transferred (ie. The value of a Token is that the Token Holder may receive a Short-Term Rental permit without being subject to the waitlist. It is intended to incentivize the creation of workforce housing (long-term housing) by offering in-kind payment in the form of Tokens, which are redeemable for a Transient Occupancy Registration Certificate. The Short-Term Rental Workforce Housing Token Pilot Program is a new and innovative approach to workforce housing creation in Truckee. STR Workforce Housing Token Pilot Program
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