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Step One: Is a Community Land 
Trust Home Right for You? 
THLT operates by the "pay-it-forward" model used by community land 
trusts. In exchange for the significant down payment assistance that 
THLT provides, you agree to pass on the good deal to the next eligible 
buyer. The assistance is not a loan that you are responsible for repaying. 
The formula resale price means you earn a reasonable amount of equity 
during the time you own your home - an incremental increase in value, 
plus paying off the principle of your mortgage - without pricing the next 
modest-income household out of the market. Finally, while you own the 
house like any homeowner, THLT owns the land the house sits on, and 
you pay a modest monthly Ground Lease fee. 
Become A Member 
THLT is a democratically 
governed membership organ­
ization. Our homeowners have 
a voice in decision making. A 
third of the members of our 
Board of Trustees will be 
homeowners from our 
program. Membership also 
includes those from our 
community who support our 
program and mission. You 
don't have to wait to become a 
homeowner: you can join now 
to support our work! 
3 
Who Buys a CL T Home? 
CLT homeowners include all 
types of people-families, 
grandparents, couples and 
single folks. They are grocery 
store clerks, mail carriers, 
teachers, electricians, small 
business owners, restaurant 
workers, police officers, and 
more. The people who will 
purchase homes through 
THLT's program are done 
renting and ready to be 
homeowners, but cannot afford 
to buy a home on their own. 

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