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Community Land Trust of Palm Beach County & Treasure Coast

Palm Beach County, Florida

Last verified
See what you qualify forOfficial program site →
Income limit

120% AMI

Of area median income; varies by county and household size

Repayment

Grant

Not repaid

What is Community Land Trust of Palm Beach County & Treasure Coast?

Community Land Trust of Palm Beach County & Treasure Coast is a grant for homebuyers in Palm Beach County, Florida.

  • Permanently affordable homeownership model where land is held in trust and home is sold at below-market price. Buyers purchase the home but lease the land, reducing purchase price and effectively replacing most or all down payment need. Serves Palm Beach, St. Lucie, and Martin counties.
  • Funding comes from Nonprofit.

Do you have to pay it back?

Community Land Trust of Palm Beach County & Treasure Coast is structured as a grant, so it is not repaid.

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Community Land Trust of Palm Beach County & Treasure Coast is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course

The program excludes

  • Households above 120% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Community Land Trust of Palm Beach County & Treasure Coast limits household income to 120% of the area median income, which varies by county and household size.

  • Income up to 120% AMI. Permanently affordable resale restrictions apply.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Community Land Trust of Palm Beach County & Treasure Coast can be used for Single Family and Townhouse.

Where does it apply?

Community Land Trust of Palm Beach County & Treasure Coast serves buyers purchasing in Palm Beach County, Florida.

How do you apply?

Applications for Community Land Trust of Palm Beach County & Treasure Coast go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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