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Kansas City Community Land Trust Homeownership Program

Administered by: Kansas City Community Land Trust (KCCLT) · Nonprofit · Grant

Funding status: Active

How much assistance

Homes are typically sold at approximately 20% below market value through a shared-equity community land trust model. The homeowner owns the house; KCCLT retains ownership of the land and leases it through a long-term, low-cost ground lease. (Grant)

The affordability subsidy is preserved long-term through a resale formula in the ground lease, keeping the home affordable for future income-qualified buyers.

Eligibility

  • Income limits: Household income must be at or below 80% of Area Median Income. Example thresholds previously listed by KCCLT: $57,750 (1 person), $66,000 (2), $74,250 (3), $82,500 (4), $89,100 (5). Verify current limits with KCCLT.
  • First-time buyer required: No
  • Geographic restrictions: Homes must be KCCLT properties located in Kansas City, Missouri.
  • Homebuyer education required: Yes

How to Apply for Kansas City Community Land Trust Homeownership Program

Step 1: 1. Review available KCCLT homes and confirm you meet the 80% AMI income threshold. 2. Complete a HUD-approved homebuyer education course. 3. Get pre-approved with a CLT-experienced lender. 4. Submit an application to KCCLT and go through the selection process. 5. If selected, sign the ground lease and close on the home.

Notes

Shared-equity model: buyer receives a below-market purchase price in exchange for agreeing to a resale formula. Homebuyer must be an owner-occupant. Income limits and home inventory change—verify current details with KCCLT.

Cities Where This Program Is Available