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Get Matched Free →Minot Area Community Land Trust
Funding status: Active
How much assistance
Reduced home purchase price; CLT retains ownership of the land while the buyer owns the home
Buyer agrees to limit equity by sharing a portion of appreciation at resale.
Eligibility
- Income limits: Buyer must meet MACLT income limits and any income limits attached to subsidy resources used.
- First-time buyer required: No
- Geographic restrictions: Greater Minot area. Buyer must agree to the CLT ground lease and resale restrictions.
- Homebuyer education required: Yes
How to Apply for Minot Area Community Land Trust
Complete online homebuyer education and submit an application via email to info@minotclt.org. Get pre-approved through a MACLT-participating lender (First International Bank & Trust or Gate City Bank are current participating lenders). Call 218-791-4668 with questions.
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