Households must not make over 150% of the area median income. For related or unrelated adults over 18, you can take the average of your household income, which cannot exceed $97,050 per year. One child or multiple children count towards an additional household member.
2 locally employed unrelated adults making $60k/each = Qualified
1 locally employed adult with 1 child making $120k/year = Qualified
1 locally employed adult making $150k/year = Not qualified
The grant is dispersed to qualifying homeowners in two installments by the Town of Truckee. One payment is dispersed upon lease signing, and one payment is dispersed at the when the lease has ended.