Overview

Community land trusts sometimes referred to as CLTs, are a powerful means to counter a red-hot real estate market. All too often, during times of exponential growth, lower wage to moderate earners are left with few options to be able to afford a home of their own. We all know encouraging homeownership creates a variety of economic and community benefits. In addition to the services that the CDA provides — such as first-time homeownership counseling and down payment assistance — promoting more access to buying a home makes Scott County stronger. Here’s how it works.

• A family or individual purchases a house on land owned by the community land trust.
• The purchase price is more affordable because the homeowner only buys the house with an upfront affordability investment from the land trust.  The land trust will own 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. Still, they may be able to realize appreciation for the improvements they make while they live in the house.
• Families who purchase a land trust home must be first-time homebuyers.
• There are Household income limits for purchasing a CLT property. Currently, the limits are either $74,600 or $99,400, respectively. See available Homes below. 

Info Sheet

Community Land Trusts

Learn more

Pre-Screening

Community Land Trust

Fill out to see if you qualify

Approved Lender LIst

Community Land Trust

Approved Lender List

Available Properties

We’re working hard to bring more affordable homes to low- to moderate-income household in Scott County, and we’re always on the search to acquire real estate that fits the bill for what people want the most (open floor plans, established neighborhoods, enough bedrooms, and so on). No matter if you are a single person, family, senior, or any combo of these, we invite you to learn more about CLTs.

Scott County Community Land Trust Orientation

To schedule an orientation or other questions, please call (952) 641-5162 or email clt@scottcda.org

Here is a peek at rehab properties new to our Community Land Trust Program. Once purchased into the CLT, each property is assessed by professionals and necessary repairs, replacements, and refreshes are completed to get the home ready for purchase by a first-time homebuyer. Our Team searches for properties in Scott County neighborhoods so buyers may build connections and enjoy a place of their own to live and grow.

Scott County Community Land Trust Orientation

To schedule an orientation or other questions, please call (952) 641-5162 or email clt@scottcda.org