Litchfield County Affordable Homeownership Program (LC-AHP)

Litchfield County Affordable Homeownership Program (LC-AHP) is a shared-appreciation loan for homebuyers in Salisbury, Cornwall, Norfolk, Washington (scattered-site), Connecticut, administered by Litchfield County Center for Housing Opportunity (LCCHO, a program of The Housing Collective). A shared-equity / community land trust homeownership program coordinated by the Litchfield County Center for Housing Opportunity that built 10 new 3-bedroom homes on scattered sites in five Litchfield County towns. Homes are sold to income-eligible first-time buyers (at or below 100% county AMI) for $250,000-$300,000, a price that includes an embedded ~$25,000 forgivable down payment assistance loan. The land is owned by a local housing nonprofit and leased to the homeowner under a long-term ground lease with a resale formula. Brand-new energy-efficient 3BR home well below market. Embedded ~$25,000 forgivable DPA. Long-term affordability. Reduced property tax. Funding comes from Connecticut Department of Housing, plus town and nonprofit contributions; construction loans by Capital for Change.

Litchfield County Affordable Homeownership Program (LC-AHP) offers up to $25,000 in assistance. Amounts are the program's published maximums, not an offer — Litchfield County Center for Housing Opportunity (LCCHO, a program of The Housing Collective) determines any individual award.

Litchfield County Affordable Homeownership Program (LC-AHP) is a shared-appreciation loan and is repaid under the terms set by Litchfield County Center for Housing Opportunity (LCCHO, a program of The Housing Collective). Repayment is triggered by Resale governed by ground-lease resale formula; home must be resold at a price affordable to a household at/below 100% AMI. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Litchfield County Affordable Homeownership Program (LC-AHP) is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time" has exceptions here: First-time buyer = no household member has had ownership interest in a principal residence during the past 3 years. On credit, the program states: Not published; applicant must pre-qualify for a mortgage of at least $200,000. Active but nearly fully subscribed: as of source, only 1 home remains (16 Dark Entry Road, Cornwall), completing June 2026. Must submit a mortgage pre-qualification letter with the pre-application. Selection by lottery if multiple eligible applicants. Embedded DPA forgiveness/lien details not published - confirm via sample ground lease.

Litchfield County Affordable Homeownership Program (LC-AHP) limits household income to 100% of the area median income, which varies by county and household size. Total gross annual household income at or below 100% of Litchfield County AMI (approx. $93,000 for a 2-person household per 2024 HOME limits); practical floor ~60% AMI to support the mortgage. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Litchfield County Affordable Homeownership Program (LC-AHP) caps the purchase price at $300,000. Eligible property types include Single Family. New construction is eligible. Manufactured homes are not eligible.

Litchfield County Affordable Homeownership Program (LC-AHP) serves homebuyers purchasing in Salisbury, Cornwall, Norfolk, Washington (scattered-site), Connecticut. The program targets specific areas: Specific scattered-site addresses in Salisbury, Cornwall, Norfolk and Washington, CT (Litchfield County). Targeted neighborhoods: Salisbury, Cornwall, Norfolk, Washington (CT).

Applications for Litchfield County Affordable Homeownership Program (LC-AHP) go through Litchfield County Center for Housing Opportunity (LCCHO, a program of The Housing Collective), which publishes the current terms and the application steps on its own site. Funds are reserved through Pre-application then full application; if multiple eligible households want the same home, selection is by lottery. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.