Newtown Community Land Trust (CLT) Program

Newtown Community Land Trust (CLT) Program es un préstamo de plusvalía compartida para compradores de vivienda en Tempe, Arizona, a cargo de Newtown Community Development Corporation. Newtown's Community Land Trust (CLT) is a permanently affordable homeownership program operated by Newtown Community Development Corporation, the oldest and largest CLT in Arizona, serving Maricopa County. Newtown uses city/county grant funds to buy or build homes and sells them below market value to income-qualified first-time buyers, who purchase only the house while Newtown retains the land under a 99-year renewable ground lease. To preserve affordability, resales follow a shared-appreciation formula in which Newtown repurchases the home for the original price plus 25 percent of the appreciation. Buyers must complete homebuyer education, earn at or below 80 percent AMI (some resales up to 120 percent), and contribute at least $2,500. Homes sold below market value with price based on an affordable monthly payment. Each home refurbished move-in ready. Homebuyer education, counseling, and financial coaching included. Buyer keeps 25 percent of appreciation at resale. May rent out individual rooms while owner-occupying.

Newtown Community Land Trust (CLT) Program es un préstamo de plusvalía compartida y se reembolsa según los términos que fija Newtown Community Development Corporation. La ayuda se registra con un gravamen en posición Other (99-year renewable ground lease). Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

Newtown Community Land Trust (CLT) Program está abierto a compradores de vivienda por primera vez y compradores de vivienda que vivirán en la vivienda como su residencia principal. “Primera vez” tiene excepciones aquí: Must be a first-time homebuyer or not have owned a home in the past 3 years; exceptions for a single parent who owned only with a former spouse while married, or a displaced homemaker who owned only with a spouse. Se requiere un curso de educación para compradores de vivienda, a través de Newtown Community Development Corporation (homebuyer education and housing counseling). Buyer must qualify for a conventional mortgage through a participating lender. Newtown holds a Right of First Refusal on resale and must approve all mortgages, encumbrances, and refinances. Assistance is delivered as a below-market sale price; there is no fixed dollar assistance amount (varies per home). GAP: minimum credit score not stated on primary sources. GAP: maximum DTI not stated. GAP: specific maximum purchase price not published (set per home based on affordability). GAP: annual funding cap / reservation system not published. GAP: CLT-specific intake email and participating lender list not published. GAP: required mortgage term not specified.

Newtown Community Land Trust (CLT) Program limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Most CLT homes sold only to households at or below 80 percent of HUD Area Median Income (adjusted by family size); some resales up to 120 percent AMI. June 2025 (Phoenix-Mesa-Scottsdale MSA / Maricopa County) 80 percent AMI: 1 person $62,850; 2 $71,800; 3 $80,800; 4 $89,750; 5 $96,950; 6 $104,150; 7 $111,300; 8 $118,500. El límite se aplica al ingreso total del hogar, no solo al del prestatario. El programa indica un tamaño máximo de hogar de 8. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

Newtown Community Land Trust (CLT) Program se puede usar para Single Family.

Newtown Community Land Trust (CLT) Program atiende a compradores de vivienda que compran en Tempe, Arizona.

Las solicitudes de Newtown Community Land Trust (CLT) Program se tramitan a través de Newtown Community Development Corporation, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.