Lease to Locals Incline Village/Crystal Bay
January 10, 2025 | Member Submitted

The Lease to Locals program provides qualifying Incline Village/Crystal Bay property owners one time cash incentives when they convert their rooms and properties into a new long-term rental. Placemate launched in Truckee in 2020, and has “unlocked” almost 700 homes, and helped over 1500 locals find housing in 10 markets across the country.
Incentive Amounts:
1. A 5-11 month lease = $2,000 per qualifying tenant (up to 4 Qualifying tenants)
2. A 12+ month lease = $4,500 per qualifying tenant (up to 4 Qualifying tenants)
Property Requirements:
1. The property must be located within the Incline Village Crystal Bay Planning Boundary
2. Cannot have been rented full time within the last 12 months (“ski lease” is ok)
3. The Property must be a single-family home, condo, townhome, accessory dwelling unit, or a single room or group of rooms in an owner-occupied property
4. Rent is capped at $4,500/month
Household Requirements:
1. 50% of the adults in the household must be Qualified Tenants
a. Household income must not average over 200% AMI for all tenants
b. Must work at least 30 hours per week for an employer based within the Incline Village Crystal Bay Planning Boundary
c. Can not be related to the property owner
2. All children cumulatively count as one additional qualified tenant for income calculation
Tenant Placement
1. Homeowners must identify their own tenants and can list their property on the Placemate website for free, if they choose
2. Placemate is happy to work with Property Managers at any point of the process (we do not offer Property Management)
3. We never select tenants on the home owners behalf, nor do we ever charge a fee tohome owners or tenants.
Chase Janvrin
General Manager
chase@placemate.com
www.placemate.com