Buying a Home From the ACLT
The Albany Community Land Trust (ACLT) is a non-profit member controlled corporation whose mission is to create permanently affordable housing for low and moderate income people in Albany through community control of land.
Homeownership contributes to families’ and communities’ economic stability and health. Unfortunately housing costs have placed homeownership out of reach for many in our community. Since 1987 the Albany Community Land Trust has been helping families buy homes at prices they can afford.
Why Buy a Community Land Trust Home?
As an Albany Community Land Trust homeowner, you enjoy the benefits of homeownership with a significantly smaller mortgage debt than you would have otherwise incurred. It is similar to traditional ownership in that the homeowner:
Homeownership through the Albany Community Land Trust is different in that
The Community Land Trust believes that
"The Land Trust provided me a good opportunity to own a home, which is something I had wanted for myself and for my family for a long time." - Cynthia Temple (ACLT Homeowner)
"Think about how much you are paying your landlord, and decide instead to invest in yourself with the Community Land Trust. Pay on a home YOU will own..." -Valerie Roberts (ACLT Homeowner)