You can achieve the American dream of homeownership if you earn 50-80% of the area median income!
In 2009, the Carver County CDA expanded the Community Land Trust (CLT) program throughout the county. It helps provide secure, affordable access to land and housing for our local workforce by attempting to meet the needs of those least served by today’s housing market.
The CCCLT helps potential home buyers with low-to-moderate incomes purchase a home on property that is leased from the land trust through a long-term (99-year), renewable ground lease.
Governmental and private grants further subsidize homes on the 'front end' thereby "locking in" the benefit of these subsidies one homeowner after another.
Call today with questions! (952) 448-7715 (x2782).