Skip to content
Scott County CDA
  • Home
  • About Us
  • Services
    • Affordable Rentals
    • Homeownership Support
    • Economic Growth
  • Communities
    • Scott County Overview
    • Belle Plaine
    • Credit River
    • Elko New Market
    • Jordan
    • New Prague
    • Prior Lake
    • Savage
    • Shakopee
  • Resource Library
  • News
Facebook Twitter LinkedIn Instagram

Home » COMMUNITY LAND TRUST ADDS PROPERTIES FOR SALE

SCOTT COUNTY COMMUNITY LAND TRUST – PROPERTIES COMING SOON!

The land trust will provide opportunity to put homeownership within reach for households of lower to moderate income.  The land trust model (removing land from sale price of home) will fill a niche for those homeowners that not only want a home that they can afford, but also have the shared vision of making their home affordable for future generations of homebuyers. For general information: Information Sheet.

Properties Coming Soon!  Shakopee  •   Savage

COMMUNITY LAND TRUST ORIENTATION 
LEARN ABOUT LAND TRUST HOMES AND WHAT IS REQUIRED TO PURCHASE ONE.
FRIDAY, NOVEMBER 13, 3:30-4:30 P.M. VIA ZOOM.
CONTACT LINDA JANOVSKY BY NOVEMBER 11 TO REGISTER, LJANOVSKY@SCOTTCDA.ORG / 952-641-5178.

HOW A COMMUNITY LAND TRUST WORKS

A typical community land trust for affordable housing works like this:

  • A family or individual purchases a house that sits on land owned by the community land trust.
  • The purchase price is more affordable because the homeowner is only buying the house, not the land.
  • 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.

 

Subscribe

We occasionally send updates such as upcoming community events and advocacy alerts. We invite you to add your name! And we promise, no spam.

323 Naumkeag St
Shakopee, MN 55379
(952) 402-9022
cda-info@scottcda.org

Contractors & Procurement | Notices & Policies | Board Agenda & Minutes | Contact | Employment

Scott County CDA Fair Housing Logo

Stay Connected
Facebook Twitter LinkedIn Instagram

© Scott County CDA 2023

en English
af Afrikaanssq Albanianam Amharicar Arabichy Armenianaz Azerbaijanieu Basquebe Belarusianbn Bengalibs Bosnianbg Bulgarianca Catalanceb Cebuanony Chichewazh-CN Chinese (Simplified)zh-TW Chinese (Traditional)co Corsicanhr Croatiancs Czechda Danishnl Dutchen Englisheo Esperantoet Estoniantl Filipinofi Finnishfr Frenchfy Frisiangl Galicianka Georgiande Germanel Greekgu Gujaratiht Haitian Creoleha Hausahaw Hawaiianiw Hebrewhi Hindihmn Hmonghu Hungarianis Icelandicig Igboid Indonesianga Irishit Italianja Japanesejw Javanesekn Kannadakk Kazakhkm Khmerko Koreanku Kurdish (Kurmanji)ky Kyrgyzlo Laola Latinlv Latvianlt Lithuanianlb Luxembourgishmk Macedonianmg Malagasyms Malayml Malayalammt Maltesemi Maorimr Marathimn Mongolianmy Myanmar (Burmese)ne Nepalino Norwegianps Pashtofa Persianpl Polishpt Portuguesepa Punjabiro Romanianru Russiansm Samoangd Scottish Gaelicsr Serbianst Sesothosn Shonasd Sindhisi Sinhalask Slovaksl Slovenianso Somalies Spanishsu Sudanesesw Swahilisv Swedishtg Tajikta Tamilte Teluguth Thaitr Turkishuk Ukrainianur Urduuz Uzbekvi Vietnamesecy Welshxh Xhosayi Yiddishyo Yorubazu Zulu