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First Community Land Trust

The First Community Land Trust of Chicago is the only land trust in Chicago providing permanently affordable single-family homes for first-time homebuyers. The First Community Land Trust of Chicago (FCLTC) was incorporated in 2003 for the purpose of constructing single-family homes to be owned by households earning between 50-60% of the metropolitan median income. 

Our program is designed to keep these homes permanently affordable. The intention is to provide quality affordable homeownership in a low-income community and to provide the training and support programs that can help move residents into the economic mainstream.

What is a Community Land Trust?

A Model for Affordable Housing and Community Empowerment

A Community Land Trust (CLT) is a non-profit organization controlled by the community it serves through its membership.

Initially, CLTs acquire vacant land and/or buildings. The land is held permanently by the Land Trust so that it will always benefit the community and remain affordable.

Homeowners of CLT homes own the home and lease the land underneath it with a lease term of 99 years.

Land trust homes are permanently affordable. Land costs are limited and subsidies are locked in place to benefit one homeowner after another each time the home is sold.

Land Trust MISSION:

To empower community residents to help set the course of development in their community, increase the availability of affordable homes in West Humboldt Park, and to improve the over-all quality of life in West Humboldt Park.

The First Community Land Trust of Chicago is currently undergoing a strategic planning process. More information will be available soon.  If you have questions about the First Community Land Trust of Chicago please call (773) 342-0036.