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CPAH Evanston Community Land Trust

Administered by: Community Partners for Affordable Housing (CPAH) · Nonprofit · Zero-Interest Loan

Funding status: Active

How much assistance

Permanently affordable home purchase (below-market price; land leased at ~$25/month) (Zero-Interest Loan)

CPAH retains ownership of the land; buyer owns the building. Resale formula keeps the home permanently affordable for future buyers.

Eligibility

  • Income limits: Households up to 120% Area Median Income ($143,880 for a family of four in Cook County).
  • First-time buyer required: No
  • Geographic restrictions: CPAH's CLT inventory in Evanston is developed in partnership with the City of Evanston and Evanston Township High School's Geometry in Construction program.
  • Homebuyer education required: Yes

How to Apply for CPAH Evanston Community Land Trust

Step 1: Contact Community Partners for Affordable Housing (CPAH) to see current CLT inventory in Evanston and join the interest list. Complete homebuyer education and qualify for a traditional first mortgage on the building purchase price.

Visit program website

Notes

CPAH is headquartered at 800 S. Milwaukee Ave, Suite 201, Libertyville, IL.

Cities Where This Program Is Available