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Madison Area Community Land Trust (MACLT)

Administered by: Madison Area Community Land Trust · Nonprofit · Zero-Interest Loan

Funding status: Active

How much assistance

Homes priced 30% below market (recent sales between $157,000 and $235,000) (Zero-Interest Loan)

Eligibility

  • Income limits: At or below 80% AMI.
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Homes located in Madison and Dane County.
  • Homebuyer education required: Yes

How to Apply for Madison Area Community Land Trust (MACLT)

Step 1: Contact MACLT to learn about available homes and get on the interest list. Complete homebuyer education. MACLT owns the land via a 98-year ground lease, making the home permanently affordable.

Notes

MACLT has enabled over 120 low-income families to access affordable homes. Homeowner leases land from MACLT and owns the home structure. Pre- and post-purchase support provided.

Cities Where This Program Is Available