First Homes Community Land Trust (CLT) Homeownership Program

Ang First Homes Community Land Trust (CLT) Homeownership Program ay isang shared-appreciation loan para sa mga bibili ng bahay sa Rochester, Minnesota, na pinangangasiwaan ng First Homes Properties (an initiative of Rochester Area Foundation). First Homes is a Community Land Trust operating since 2000 across a 7-county area centered on Rochester, MN. First Homes subsidizes homes below market value and sells the structure (not the land) to buyers at or below 80% AMI, who sign a 99-year renewable ground lease ($25/month). At resale, the price is capped by a formula (Base Price + 50% of appreciation), preserving affordability for the next buyer while letting sellers keep 100% of earned equity and 50% of appreciation. 300+ homes are in the program. Below-market purchase price. Equity from mortgage paydown plus 50% of appreciation. 99-year renewable ground lease at $25/month. Typically no PMI. Access to MN Housing and First Homes Gap Loan DPA. Perpetual affordability via resale formula. Ang pondo ay mula sa Private contributions, government grants, Rochester Area Foundation.

Ang First Homes Community Land Trust (CLT) Homeownership Program ay isang shared-appreciation loan at binabayaran ayon sa mga tuntuning itinakda ng First Homes Properties (an initiative of Rochester Area Foundation). Kailangang bayaran kapag may Resale formula activates on sale; seller receives 100% of earned equity (mortgage paydown) plus 50% of market appreciation; remaining 50% stays in the home to preserve affordability. Ang mga tuntunin sa pagpapatawad at pagbabayad ay itinatakda ng programa at maaaring magbago — kumpirmahin ang mga ito sa opisyal na pahina ng programa bago mag-apply.

Bukas ang First Homes Community Land Trust (CLT) Homeownership Program sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Three Rivers Community Action; Minnesota Homeownership Center (HOME); SEMMCHRA. In-person or online. Requirement sa paninirahan: Must occupy the home at least 240 days/year per the ground lease. Buyers must purchase a home currently in the First Homes CLT inventory (not open-market). Ground lease required; owner-occupancy 240+ days/year; subleasing/short-term rentals prohibited without permission. Asset limit $50,000 (excl. retirement). Credit minimums set by lender. No published max purchase price (set by CLT formula).

Nililimitahan ng First Homes Community Land Trust (CLT) Homeownership Program ang kita ng sambahayan sa 80% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. At or below 80% AMI. Olmsted & Dodge Counties: $106,800 (6/1/2026); other 5 counties: $95,100. Asset limit $50,000 (excluding retirement accounts). Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Ang mga numero ng median na kita sa lugar ay inilalathala ng HUD at ina-update taun-taon, kaya tingnan ang kasalukuyang talahanayan para sa county bago umasa sa isang numero.

Ganito nililimitahan ng First Homes Community Land Trust (CLT) Homeownership Program ang presyo ng pagbili: Homes priced by First Homes using the CLT resale formula (not open-market). No published maximum; price set by First Homes based on subsidy and formula. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single-Family Detached, Townhome, at Condo. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng First Homes Community Land Trust (CLT) Homeownership Program ang mga bibili ng bahay sa Rochester, Minnesota.

Dumadaan sa First Homes Properties (an initiative of Rochester Area Foundation) ang mga aplikasyon para sa First Homes Community Land Trust (CLT) Homeownership Program, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng Registration form submitted to First Homes; staff contact applicants re: eligibility and available homes. Ang Hey Prescott ay hindi nagpapautang at hindi tumatanggap ng aplikasyon; inilalarawan ng pahinang ito ang programa para madala ito ng bibili ng bahay sa isang lender o housing counselor.