Community Land Trust Homes
Homes in Winthrop, Twisp, and Mazama.
What is a Community Land Trust?
A family or individual purchases a house that sits on land owned by the community land trust.
Affordability is created through a community investment in the development of the permanently affordable homes.
The homeowners lease the land from the community land trust in a long-term (often 99-year), renewable lease.
The homeowners agree to sell the home at a restricted price to keep it affordable in perpetuity, but they may be able to realize appreciation from improvements they make while they live in the house.
For a quick overview of the process, see the video below from Grounded Solutions