| Colorado Community Land Trust Your partner in affordable housing |
The Colorado Community Land Trust (CCLT) is a 501(c)(3) nonprofit organization founded in 2002 with the mission of creating -
and preserving in perpetuity - affordable home ownership 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 home owner. In this
partnership, the home owner 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
afford ability by limiting the resale price of the home, allowing the seller to benefit from some appreciation (25% return of
equity) while still keeping the resale price affordable.
Through this partnership, the home owner builds equity, shares in appreciation, benefits from the tax benefits of home
ownership, and enjoys stable housing costs - and the home remains affordable for the next moderate income home buyer.
Please contact us with questions or comments about the CCLT:
Samantha Becker, Land Trust Manager
sbecker@coloradoCLT.org
Heather Adams, CCLT Real Estate Broker
Keller Williams
hadams@coloradoclt.org
Colorado Community Land Trust Sales Office
571 Alton Way, Unit C
Denver, CO 80230
(303) 856-7357
and preserving in perpetuity - affordable home ownership 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 home owner. In this
partnership, the home owner 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
afford ability by limiting the resale price of the home, allowing the seller to benefit from some appreciation (25% return of
equity) while still keeping the resale price affordable.
Through this partnership, the home owner builds equity, shares in appreciation, benefits from the tax benefits of home
ownership, and enjoys stable housing costs - and the home remains affordable for the next moderate income home buyer.
Please contact us with questions or comments about the CCLT:
Samantha Becker, Land Trust Manager
sbecker@coloradoCLT.org
Heather Adams, CCLT Real Estate Broker
Keller Williams
hadams@coloradoclt.org
Colorado Community Land Trust Sales Office
571 Alton Way, Unit C
Denver, CO 80230
(303) 856-7357
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