Frequently Asked Questions

For complete answers to common questions about the land trust model, the lease, taxes, capital improvements, and selling a CLT home, see One Roof's Land Trust FAQs. A few of the most common questions:

Do I really own the home? Yes. You hold a deed to the home, pay property taxes on it, and live in it as long as you wish. The land beneath you is owned by One Roof Community Housing and leased to you at $36 per month.

What happens when the 99-year lease ends? The lease is renewable. CLT land leases are designed to be perpetual.

Can I rent the home out? No. The program requires owner-occupancy. The home must be your primary residence.

Why is there an income limit? The program is funded by sources intended to serve low- and moderate-income households (generally at or below 80% of Area Median Income, adjusted for household size). Buyers above the income limit are not the population the funding is set up to serve.

No homes are listed right now — what should I do? You can complete the land trust application,  enroll in Homebuyer Education, pursue mortgage pre-approval with a participating lender, and pull together your income documents in advance — so when a home you're interested in is listed, you're positioned to submit a complete application.