Succesful Homeownership. Permanent Affordability. Read on.
Welcome
The San Diego Community Land Trust (SDCLT) is the first community land trust dedicated to affordable housing in the San Diego County region. The SDCLT's shared-equity model of home ownership allows first-time homebuyers, who are otherwise priced out of the conventional market, to become homeowners and reap the traditional rewards of homeownership: asset building, fixed housing costs, tax deductions, and rootedness.
In return, the CLT homeowner agrees to a resale price restriction, ensuring that the home is affordable to future generations of low-income homebuyers. The Land Trust retains ownership of the land, while the homebuyer purchases the improvements and the right to lease the land. Beyond the traditional benefits of homeownership, SDCLT provides:
Permanent affordability (preserved public subsidy)
Pre- and post-purchase education and support to new homeowners
On-going monitoring of CLT properties
A leadership development vehicle through resident representation on SDCLT Board
A shared community for CLT homeowners and supporters
Please explore our website to learn About Us, as well as to Learn More about how CLTs work.
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