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Tenants to Homeowners (Lawrence Community Land Trust)

Administered by:
Tenants to Homeowners, Inc.
· Nonprofit · Forgivable Loan
Funding status: Active

How much assistance

Average $50,000 price reduction (subsidy) on home purchase. Down payment as low as 5% of annual gross income. Closing costs (~$4,500) covered for first-time buyers.
Long-term affordability via Community Land Trust model. Land remains owned by TTH; buyer owns the home. Resale price is restricted to keep the home affordable for the next eligible buyer.

Eligibility

  • Income limits: Less than 80% of HUD-determined Area Median Income for Douglas County.
  • First-time buyer required: Yes — Targeted at first-time, low- to moderate-income Lawrence and Douglas County residents.
  • Geographic restrictions: Available only in Lawrence, KS / Douglas County, on TTH-owned or developed properties.
  • Homebuyer education required: Yes

How to Apply for Tenants to Homeowners (Lawrence Community Land Trust)

Contact Tenants to Homeowners at 785-842-5494 or 2518 Ridge Ct., #103, Lawrence, KS. Attend a homebuyer workshop and complete budget and/or credit counseling from Housing and Credit Counseling Inc. (785-234-0217) before purchase.

Learn More About Homebuying Assistance

Cities Where This Program Is Available (1 city across 1 state)