Central Ohio Community Land Trust (COCLT) Affordable Homeownership
Funding status: Active
How much assistance
Permanently affordable home purchase through community land trust model (Deferred Loan)
Homebuyer purchases the home and leases the land on a 99-year renewable ground lease, maintaining permanent affordability
Eligibility
- Income limits: Up to 120% of HUD area median income
- First-time buyer required: No
- Geographic restrictions: Franklin County, Ohio with emphasis on Columbus and surrounding areas
How to Apply for Central Ohio Community Land Trust (COCLT) Affordable Homeownership
Step 1: Contact COCLT at 614-724-5263 or info@coclt.org. The land trust retains ownership of the land while the homebuyer owns the home, keeping it permanently affordable.
Notes
COCLT is a subsidiary of COCIC. Has built 100+ affordable homes since 2018 with a goal of 500 homes. Located at 845 Parsons Avenue, Columbus, OH 43206.