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 A HOME

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".

NEW HOME DEVELOPMENT PROGRAM

New Homes Available in Acres Homes

The City of Houston and the Houston Land Bank have partnered with us to make these new construction homes available to qualified Community Land Trust buyers, with reduced prices beginning at approximately $74,615 for a three-bedroom home.

 

HOW IT WORKS

Follow these steps to affordable homeownership through one of our programs:

PREPARE

for your purchase

SHOP

for a home

GET TO KNOW

your Ground Lease

 

DISCOVER

how CLTs work

ASSESS

your eligibility

APPLY

online

DISCOVER

what is Unique about Community Land Trust Homeownership

By separating ownership of the home and the land, the Community Land Trust model makes homeownership more affordable to buyers. Visit our What's a CLT? page to learn more about our model.

 

ASSESS

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.

  • Be a US citizen or permanent resident.

  • 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 put at least $350 down out-of-pocket at closing.

  • Maintain at least $1000 of personal funds in reserve after closing.

  • Be willing and able to submit all required documentation to verify your eligibility.

 

APPLY

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.

 

PREPARE

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

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.

 

READY TO GET STARTED?

713-512-5575

1500 McGowen Street, Suite 220
Houston, Texas 77004

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Our Commitment to Fair Housing

Equal consideration is a fundamental principle at Houston Community Land Trust, where access to housing is based upon personal capabilities and qualification without discrimination because of race, color, sex, religion, national origin, physical or mental disability, familial status, age, ethnic background, political affiliation, sexual orientation, gender identity, veteran’s status, or being a recipient of public assistance, or any other protected characteristic as established by law.

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