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Homes and Hope Community Land Trust Homeownership

Administered by:
Homes and Hope Community Land Trust
· Nonprofit · Grant
Funding status: Active

How much assistance

Below-market home purchase through permanently affordable community land trust model; subsidy value varies by property.
Subsidy stays with the home — permanent affordability is maintained via a renewable ground lease. At resale, the seller receives a portion of appreciation and the home remains affordable for the next qualifying buyer.

Eligibility

  • Income limits: Households earning between 50% and 100% of Area Median Income for Snohomish County.
  • First-time buyer required: Yes — Priority for first-time homebuyers who have not owned a home in the past 3 years.
  • Geographic restrictions: Properties located in Snohomish County, WA — initial projects in Everett.
  • Homebuyer education required: Yes

How to Apply for Homes and Hope Community Land Trust Homeownership

Visit homesandhopeclt.org to learn about current and upcoming home availability.

Attend an informational session or contact Homes and Hope CLT to join the interest list.

Complete a HUD-approved homebuyer education course.

Meet with a Homes and Hope advisor to review eligibility, credit, and financing.

Get pre-approved by a participating lender.

Once homes are ready, apply to purchase an available CLT property.

Close on your home and sign the renewable ground lease.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (2 cities across 1 state)