Homes Are Now Listed For Sale!
711 NW 7th Avenue, Grand Rapids, 55744
More Info712 NW 8th Avenue, Grand Rapids, 55744
More Info
Morgan Hopkins of Coldwell Banker Northwoods Realty will be hosting an open house for the public on July 18th from 4-6pm.
Homebuyer Education Classes, Counseling, and Financial Assistance is available to interested buyers from KOOTASCA Community Action and information can be found at www.kootasca.org/programs/homeowners/homebuyer-education-counseling/.
For more information about what Community Land Trusts are and how they work, visit One Roof Community Housing’s website at: https://1roofhousing.org/homebuyers/community-land-trust/.
Buyers must owner-occupy, fit the income restrictions (household income limit of $89,500), and satisfy program guidelines for the land trust through 1 Roof Community Housing. The land is leased for $36/month for 99 years and can be renewed. Please see the links below for more information about the land trust model.
To apply:
- Complete the Land Trust program application: One Roof Community Housing - Community Land Trust Application (tfaforms.com)
- Complete the “Homestretch” curriculum, an 8-hour homebuyer education class offered by One Roof or through Kootasca Community Action (Homebuyer Education & Counseling – KOOTASCA).
- Attend a Community Land Trust program orientation session.
- Obtain a mortgage pre-approval from a participating lenderand submit your income documentation verification to Itasca County Housing and Redevelopment Authority
Land Trust Model Information