Comunidades Enraizadas Community Land Trust Homeownership
Funding status: Active
How much assistance
Permanently affordable home purchase through 99-year renewable ground lease (Zero-Interest Loan)
Eligibility
- Income limits: At or below 80% of Area Median Income
- First-time buyer required: Yes
- Geographic restrictions: Must purchase within Chelsea, MA.
- Homebuyer education required: Yes
How to Apply for Comunidades Enraizadas Community Land Trust Homeownership
Step 1: Contact Comunidades Enraizadas Community Land Trust to learn about upcoming homeownership opportunities. Current projects are being developed in partnership with Habitat for Humanity Greater Boston.
Notes
Community land trust model where the nonprofit retains ownership of the land through a 99-year renewable ground lease, keeping homes permanently affordable. Current partnership with Habitat for Humanity Greater Boston is constructing affordable homes on Orange Street in Chelsea with support from a $1.25 million state grant. Homes are sold to eligible households at affordable prices.