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Two Rivers Community Land Trust Homeownership

Administered by:
Two Rivers Community Land Trust
· Nonprofit · Deferred Loan
Funding status: Active

How much assistance

Subsidized purchase price on permanently affordable CLT homes; subsidy varies by home and household
Permanent affordability is preserved through a long-term ground lease. Owners build equity but agree to a resale formula that keeps the home affordable for future buyers.

Eligibility

  • Income limits: Income limits vary by household size; gross household income must be at or below program limits to qualify.
  • First-time buyer required: No
  • Geographic restrictions: Serves Washington County, Minnesota and nearby communities including Andover, Bayport, Blaine, Cottage Grove, Forest Lake, Lakeland, New Richmond, Newport, Oak Park Heights, and Oakdale.
  • Homebuyer education required: Yes

How to Apply for Two Rivers Community Land Trust Homeownership

Visit tworiversclt.org to view available CLT homes and start the buyer interest process. Applicants must complete two homebuyer education classes (one offered by Two Rivers), submit a pre-application and full application, and qualify for mortgage financing.

Learn More About Homebuying Assistance

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