Columbia Community Land Trust (CCLT) Homebuyer Program

Columbia Community Land Trust (CCLT) Homebuyer Program is a shared-appreciation loan for homebuyers in Columbia, Missouri, administered by Columbia Community Land Trust (nonprofit formed by the City of Columbia). The Columbia Community Land Trust is a nonprofit created by the City of Columbia that sells permanently affordable homes to income-eligible buyers while retaining ownership of the underlying land through a long-term ground lease. Buyers obtain a mortgage to purchase the home at a below-market price; resale restrictions keep the home affordable for future low-income households. Below-market home purchase price. Permanent affordability via land trust. Low minimum buyer contribution ($500). Housing-counseling supported path to ownership. Funding comes from City of Columbia (CDBG/HOME) and CCLT; homes sold below market with retained land ownership.

Columbia Community Land Trust (CCLT) Homebuyer Program is a shared-appreciation loan and is repaid under the terms set by Columbia Community Land Trust (nonprofit formed by the City of Columbia). Repayment is triggered by Permanent-affordability land trust model: homebuyer purchases the house and leases the underlying land via a long-term ground lease; resale price is restricted to preserve affordability for future buyers. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Columbia Community Land Trust (CCLT) Homebuyer Program is open to homebuyers who will live in the home as their primary residence. The program lists a minimum credit score of 600. A homebuyer education course is required, through HUD-Certified Housing Counselor. Citizenship or immigration status: Must be a U.S. citizen or resident alien. Resale-restricted land trust home; buyer must occupy as primary residence, complete HUD-certified housing counseling, and meet HUD income limits and 35%/45% ratios. Income limits updated effective June 1, 2026.

Columbia Community Land Trust (CCLT) Homebuyer Program limits household income to 80% of the area median income, which varies by county and household size. Must not exceed HUD gross income limits effective June 1, 2026: 1 $65,150; 2 $74,450; 3 $83,750; 4 $93,050; 5 $100,500; 6 $107,950; 7 $115,400; 8 $122,850. Housing costs cannot exceed 35% of monthly household income; total debt cannot exceed 45%. The limit applies to total household income, not only the borrower’s. The program lists a maximum household size of 8. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Columbia Community Land Trust (CCLT) Homebuyer Program can be used for Single Family.

Columbia Community Land Trust (CCLT) Homebuyer Program serves homebuyers purchasing in Columbia, Missouri.

Applications for Columbia Community Land Trust (CCLT) Homebuyer Program go through Columbia Community Land Trust (nonprofit formed by the City of Columbia), 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.