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Thurston Housing Land Trust Homeownership

Administered by:
Thurston Housing Land Trust
· Nonprofit · Repayable Loan
Funding status: Active

How much assistance

Homes typically priced 30%-50% below market through community land trust model; subsidy value varies by property
Long-term affordability preserved through 99-year ground lease and resale formula

Eligibility

  • Income limits: Most homes restricted to households at or below 80% of Thurston County AMI; some homes available to higher incomes that still cannot afford market-rate
  • First-time buyer required: No
  • Credit score minimum: 680
  • Geographic restrictions: Must live or work in Thurston County
  • Homebuyer education required: Yes

How to Apply for Thurston Housing Land Trust Homeownership

Review available homes on the THLT website, attend a homeownership orientation, and submit application materials. Buyers must demonstrate steady two-year income history, satisfactory credit (typically 680, 700 preferred), and modest consumer debt.

Learn More About Homebuying Assistance

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