See programs you qualify for

Get Matched Free →

Ann Arbor Community Land Trust Homeownership Program

Administered by: Ann Arbor Community Land Trust (A2CLT) · Nonprofit · Forgivable Loan

Funding status: Active

How much assistance

Homes priced between $125,000 and $300,000, significantly below market rate (Forgivable Loan)

Shared equity model with 1.5% annual appreciation cap. A2CLT retains first right of purchase at resale.

Eligibility

  • Income limits: Must meet income and job eligibility guidelines set by A2CLT.
  • First-time buyer required: No
  • Geographic restrictions: Homes located in Ann Arbor, MI.
  • Homebuyer education required: Yes

How to Apply for Ann Arbor Community Land Trust Homeownership Program

Step 1: Sign up for the A2CLT Buyer List to receive notifications when homes become available. Complete a HUD-certified homebuyer education course. When homes are available, submit an application for eligibility review. If multiple qualified buyers apply, selection is by lottery.

Visit program website

Notes

A2CLT owns the land and leases it long-term to homebuyers. Buyers must obtain a mortgage. Resale appreciation capped at 1.5% per year. Established in 2024.

Cities Where This Program Is Available