Tahoe Market News:
Tahoe Regional Planning Agency News Update:
The Tahoe Transportation District, Federal Highway Administration, and the Tahoe Regional Planning Agency released the US 50/South Shore Community Revitalization Project joint environmental document on Monday, April 24 for public comment. Five project alternatives have been evaluated; three include the realignment of US Highway 50, a fourth is an elevated pedestrian bridge over the current US Highway 50 alignment in the casino corridor. There is also a no-build option. The realignment would assist in rerouting through traffic and create a vibrant and a safer, walkable commercial downtown area. The proposed project, alternative B, realigns US Highway 50 near Stateline with four lanes along Lake Parkway East behind Harrah’s, MontBleu and the Village Shopping Center (formerly the Crescent V), while converting the artery through the casino core into one lane in each direction with center left turn pockets, with thoroughfares re-connecting at Pioneer Trail in California.
The document includes detailed reports on the five alternatives being evaluated. The public has 75 days to offer input on the adequacy of information on the Environment Impact Statement (NEPA), Environmental Impact Report (CEQA), and Environmental Impact Statement (TRPA). The joint document is located on the TTD website at www.tahoetransportation.org/us50.
Oral comments can be made at the following Public Hearings:
- June 9, 2017 – TTD Board of Directors Meeting
- June 14, 2017 – TRPA Advisory Planning Commission Meeting
- June 28, 2017 – TRPA Governing Board Meeting
Click here to read more and download the draft environmental document.
Tahoe Daily Tribune Article:
Underwater US properties down 1.2M from a year ago
As of the end of the first quarter of 2017 there were nearly 5.5 million (5,497,771) U.S. properties seriously underwater-where the combined loan amount secured by the property was at least 25 percent higher than the property’s estimated market value, according to a report released by a national property database company. ATTOM Data Solutions Q1 2014 U.S. Home Equity & Underwater Report found that the first quarter number of properties seriously underwater in 2017 is up from 5.4 million seriously underwater properties in Q4 2016 but still down by more than 1.2 million from the 6.7 million seriously underwater properties in Q1 2016, according to a press release…read more The Tahoe Daily Tribune’s article by clicking: on Tahoe Daily Tribune
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