Part 5/9:
Today, around 20% of new homes in California are constructed in areas rated as hazardous by the state fire authorities. For rural and northern counties like Nevada County, this challenge is even more intense. The costs associated with land clearing, building materials, and fire insurance are skyrocketing, complicating development efforts. Insurers are increasingly hesitant to provide coverage, further complicating the construction of new homes.
Development Amidst Danger: Loma Rica Ranch
In response to housing demands, Grass Valley’s largest housing project in two decades—Loma Rica Ranch—is underway. The development has already seen site preparation, with roads paved and streetlights installed. This community is poised to offer dozens of new homes, amplifying the town’s growth.