BUY A HOME WITH US
Explore this page to learn about eligible home purchase options through the New Home Development Program and the Homebuyer Choice Program, as well as our application process, eligibility requirements for buyers, and more.
Find Available Homes
Houston Community Land Trust's two distinct programs offer you options for finding an eligible home of your choice. Explore each of our programs below to determine which one is right for you.
HOMEBUYER CHOICE PROGRAM
You Shop for a Home, We Help You Buy
Choose your neighborhood, choose your home, and Houston Community Land Trust will help make your purchase affordable by placing the land "in trust".
your Eligibility to Buy with Us
To qualify to buy with us, you must:
Have a gross annual household income of less than 80% AMI. Click here for the AMI Guide.
Attend an 8-hour HUD certified homebuyer education course and one of our CLT Orientation classes.
Be able to obtain a fixed-rate, 30-year mortgage from one of our approved lenders.
Have limited debt that is below Houston CLT's debt-to-income ratio limits.
Be able to contribute at least $3,000-$5,000 out-of-pocket toward closing costs (at least $350 must be in personal or IDA matched funds; other funds may be from gifts).
Maintain at least $1,000 of personal funds in reserve after closing.
Be willing and able to submit all required documentation to verify your eligibility.
using our Online Application
Completing the Houston Community Land Trust's Homebuyer Application lets us know that you are interested in becoming a CLT homeowner and gives basic information about your eligibility.
Complete your Pre-Purchase Requirements
Before you buy, you'll need to:
Complete a HUD-certified Homebuyer Education Course with a local agency or online.
Complete a HCLT Orientation class with HCLT staff.
Obtain a loan pre-approval letter from one of our approved lenders.
Find a Realtor of your choice to represent you in the purchase process.
Throughout your homebuying process, our staff is here to help. Visit our Homebuyer Resources page for more details on pre-purchase requirements.
Shop for a Qualifying Home under one of our Programs
Choose from one of the new-build homes available through the New Home Development Program, or shop for a qualifying home in the neighborhood of your choice under our Homebuyer Choice Program.
GET TO KNOW
the Community Land Trust Ground Lease
Own your home. Lease your land from Houston Community Land Trust for 99 years. If you decide to sell, sell to another qualified buyer for the always-affordable Resale Formula Price. Through our educational program, you'll learn the ins and outs of Community Land Trust homeownership and the Ground Lease before you buy.