A Community Land Trust (CLT) is a nonprofit organization that provides long-term, affordable homeownership opportunities. It holds land in trust to ensure that homes built or renovated on it remain affordable for generations, creating lasting community assets and increasing access to homeownership.

The CLT owns the land, while homeowners purchase the home at below-market prices. By keeping land ownership within the CLT, homes remain affordable for future buyers, creating shared equity that supports sustainable communities.

Eligible buyers typically have incomes at or below certain thresholds (set by Dwelling Place’s CLT). Applicants must meet income and asset limits, be first-time homebuyers (in most cases), and demonstrate readiness for homeownership. We’re here to help you understand the criteria and guide you through the process.

Because the CLT retains ownership of the land, the cost to purchase the home is lower, making it more affordable for qualified buyers. This shared equity approach provides stability and affordability even as property values in the area may rise.

Dwelling Place’s CLT offers a range of homes, including renovated properties and new builds, with options typically including single-family homes and townhomes. Available homes vary based on development projects and community needs.

Shared equity is a partnership between the homeowner and the CLT. While homeowners build equity as they make payments, they also agree to keep the home affordable for future buyers. If they decide to sell, they agree to share a portion of the home’s appreciated value, ensuring the home remains within reach for the next qualified buyer.

You can start by reaching out through our "Contact" page. We’ll guide you through the application process, eligibility requirements, and available resources to support your journey toward homeownership. And/or you can apply directly online through the ‘Become a Homeowner’ tab listed above.

CLT homeownership offers stability, affordability, and community support. Homeowners build equity over time while also contributing to the preservation of affordable housing in their community. Our model supports residents who are invested in building long-term roots.

If you decide to sell, Dwelling Place’s CLT will work with you to keep the home affordable for the next buyer. The resale process follows specific guidelines to maintain affordability while allowing you to retain some of the equity you've built.

Check out our “Available Homes” page for current listings or sign up for notifications. We regularly update this page with new properties as they become available.

Community support is essential to our mission. You can help by donating, volunteering, or sharing our mission with others. Together, we can expand affordable homeownership opportunities and strengthen our community.