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[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row column_structure=”2_3,1_3″ admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”2_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”We realize you may have many questions copy” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]<\/p>\n
We realize you may have many questions regarding HWR programs and the Community Land Trust model.<\/p>\n
Below are brief answers to the most common questions, and feel free to contact our office for additional information. Our staff will guide you through every step of the process.<\/p>\n
[\/et_pb_text][et_pb_accordion closed_toggle_background_color=”#ffd24f” icon_color=”#f36c42″ admin_label=”FAQs” _builder_version=”4.27.4″ toggle_text_color=”#000000″ toggle_font=”Roboto Slab|700|||||||” use_border_color=”off” border_color=”#ffffff” border_style=”solid” saved_tabs=”all” global_colors_info=”{}”][et_pb_accordion_item title=”Are we a business or non-profit organization?” _builder_version=”4.16″ global_colors_info=”{}” open=”on”]<\/p>\n
West Hennepin Affordable Housing Land Trust (WHAHLT) dba Homes Within Reach (HWR) is a non-profit, community-based organization that uses the Community Land Trust (CLT) model to create and preserve affordable homeownership for families that otherwise would be unable to purchase a home in Hennepin County.<\/p>\n
[\/et_pb_accordion_item][et_pb_accordion_item title=”How does the Community Land Trust (CLT) Homeownership work?” open=”off” _builder_version=”4.16″ global_colors_info=”{}”]A CLT establishes initial affordability<\/strong> by removing the market value of the land from the mortgage equation.<\/p>\n A CLT typically purchases an existing owner-occupied home currently for sale and then sells just the home, and not the land, to a low-to-moderate-income household. The CLT retains ownership of the land and enters into a 99-year Ground Lease with the leaseholder-homeowner at a nominal fee.<\/p>\n Removing the land value from the mortgage equation reduces the mortgage, down payment and closing costs. A CLT also ensures permanent affordability of the home through two provisions found in the Ground Lease.<\/p>\n A CLT leaseholder-homeowner receives benefits similar to non-CLT homeowners such as the ability to build equity, utilize federal mortgage interest and property tax deductions, and the ability to transfer the lease interest and home to their heirs. The Ground Lease allows the homeowner to secure long-term rights to the land, and also protects the assets of the land by providing the CLT certain rights to safeguard the condition and affordability of the home. Therefore, CLT homeowners have exclusive use of the land, and they have full responsibility for the property. There is a nominal lease fee that gives the homeowner full use of the land from the CLT.<\/p>\n The Ground Lease is renewable, transferable to the family\u2019s heirs, and ensures full rights of privacy. It also provides a resale formula that is used to determine the sales price based on current market conditions should the family decide to sell their CLT home. Similarities:<\/em><\/strong><\/p>\n Differences:<\/strong><\/p>\n [\/et_pb_accordion_item][et_pb_accordion_item title=”What Are The Benefits of CLT Homeownership?” _builder_version=”4.16″ global_colors_info=”{}” open=”off”]There are a number of benefits to purchasing a house through a CLT.<\/p>\n [\/et_pb_accordion_item][\/et_pb_accordion][et_pb_text admin_label=”Have more questions? copy” _builder_version=”4.27.3″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_button button_url=”https:\/\/homeswithinreach.org\/wp\/contact\/” url_new_window=”on” button_text=”CONTACT HWR” _builder_version=”4.27.3″ _module_preset=”default” custom_button=”on” button_text_color=”#FFFFFF” button_bg_color=”#0096d6″ button_border_color=”#0096d6″ button_icon=”||fa||400″ button_icon_color=”#FFFFFF” button_icon_placement=”left” button_on_hover=”off” global_colors_info=”{}”][\/et_pb_button][et_pb_image src=”https:\/\/homeswithinreach.org\/wp\/wp-content\/uploads\/2025\/09\/HWR-Logo-transparent.png” title_text=”HWR Logo transparent” _builder_version=”4.27.3″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”HOMEOWNER BENEFITS” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid” global_colors_info=”{}”]<\/p>\n HOMEOWNER BENEFITS<\/span><\/strong><\/p>\n\n
\n[\/et_pb_accordion_item][et_pb_accordion_item title=”What Is the Ground Lease?” _builder_version=”4.16″ global_colors_info=”{}” open=”off”]CLT homes cost less than market rate homes because the CLT homebuyer purchases only the house and enters into an agreement with the CLT for the use of the land \u2014 this agreement is called a Ground Lease.<\/p>\n
\n[\/et_pb_accordion_item][et_pb_accordion_item title=”How Does CLT Homeownership Compare to Conventional Homeownership?” _builder_version=”4.16″ global_colors_info=”{}” open=”off”]CLT homeownership is essentially the same as other homeownership except that land on which the home resides is owned by the CLT.<\/p>\n\n
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