Northwest Florida Community Land Trust

Northwest Florida Community Land Trust is a grant for homebuyers in Pensacola, Florida. Northwest Florida CLT provides permanently affordable homeownership in the Pensacola area (Escambia and Santa Rosa counties) through the community land trust model. Affiliated with Pensacola Habitat for Humanity. Funding comes from Nonprofit.

Northwest Florida Community Land Trust 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.

Northwest Florida Community Land Trust is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. The program lists a minimum credit score of 640. A homebuyer education course is required. Citizenship or immigration status: U.S. Citizen or Permanent Resident.

Northwest Florida Community Land Trust 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.

Northwest Florida Community Land Trust can be used for Single Family and Townhouse.

Northwest Florida Community Land Trust serves homebuyers purchasing in Pensacola, Florida.

Applications for Northwest Florida Community Land Trust go through the administering agency, which publishes the current terms and the application steps on its own site. 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.