First Homes Community Land Trust (CLT) Homeownership Program

First Homes Community Land Trust (CLT) Homeownership Program是面向Rochester，Minnesota购房者的增值共享贷款，由First Homes Properties (an initiative of Rochester Area Foundation)管理。 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. 资金来自Private contributions, government grants, Rochester Area Foundation。

First Homes Community Land Trust (CLT) Homeownership Program是增值共享贷款，按First Homes Properties (an initiative of Rochester Area Foundation)设定的条款偿还。 触发还款的情形：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. 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

First Homes Community Land Trust (CLT) Homeownership Program面向将房屋作为主要住所自住的购房者。 须参加购房者教育课程，由Three Rivers Community Action; Minnesota Homeownership Center (HOME); SEMMCHRA. In-person or online.提供。 居住要求：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).

First Homes Community Land Trust (CLT) Homeownership Program将家庭收入限制在地区收入中位数的80%，该数值因县和家庭人数而异。 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). 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

First Homes Community Land Trust (CLT) Homeownership Program的房价上限如下：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. 符合条件的房屋类型包括Single-Family Detached、Townhome和Condo。 新建房屋符合条件。 预制房屋不符合条件。

First Homes Community Land Trust (CLT) Homeownership Program服务于在Rochester，Minnesota购房的购房者。

First Homes Community Land Trust (CLT) Homeownership Program的申请通过First Homes Properties (an initiative of Rochester Area Foundation)办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Registration form submitted to First Homes; staff contact applicants re: eligibility and available homes.预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。