| About CCLT |
| The Colorado Community Land Trust (CCLT) is a nonprofit organization founded in 2002 with the mission of creating - and preserving in perpetuity - affordable homeownership opportunities for moderate income individuals and families. Originally called the Lowry Community Land Trust, CCLT initially focused on the redevelopment of the former Lowry Air Force Base. In 2006, we expanded our service area to include the entire Denver metro area. What makes the Colorado Community Land Trust model work is the partnership between CCLT and the homeowner. In this partnership, the homeowner owns the home while CCLT owns the land upon which the home is built. Separating the land cost from the home price makes the home affordable to a wider range of potential buyers. The land trust model ensures long-term affordability by limiting the resale price of the home, allowing the seller to benefit from some appreciation while still keeping the resale price affordable. Through this partnership, the homeowner builds equity, shares in appreciation, benefits from the tax benefits of homeownership, and enjoys stable housing costs - even as the home remains affordable for the next moderate income homebuyer. |
| ...making community possible |