Pima County Community Land Trust

Who does the program help?

Families between 50% and 80% of the area’s median household income

Household size 1 2 3 4 5 6 7 8
Household
income limits*
$20,800-
$33,250
$23,750-
$38,000
$26,700-
$42,750
$29,650-
$47,450
$32,050-
$51,250
$34,400-
$55,050
$36,800-
$58,850
$39,150-
$62,650

*Effective 6/15/17

What does the program provide?

Pima County Community Land Trust (PCCLT) has permanently affordable homes for sale with no down payment, a discounted purchase price, and limited out-of-pocket costs. PCCLT retains ownership of the land, which homeowners lease for between $30 and $75/month (subject to change). Upon moving out, owners agree to sell to another low/moderate-income buyer and share a portion of the equity with the next homeowner.

What does the program require?

Buyer must

  • Be within 50% and 80% of the area’s average median household income
  • Live in the property as a primary residence and cannot own other property
  • Contribute between $1,500 and $3,600 toward closing costs
  • Qualify for a conventional mortgage through a participating lender
    • Be able to afford mortgage payments (debt to income ratios apply)
  • Agree to sell to another low/moderate-income buyer and share a portion of the equity with the next homeowner
  • Complete a Pre-purchase Homebuyer Education Workshop with PCCLT
  • Be a U.S. citizen or legal permanent resident

The property must

  • Be available for sale through the Pima County Community Land Trust

Where does the program funding come from?

The Pima County Community Land Trust is a 501(c)(3) tax-exempt nonprofit organization. Program funding originally provided by the U.S. Department of Housing and Urban Development.

To learn more

Visit the Pima County Community Land Trust website: http://pcclt.org/; or contact them by phone: (520) 603-0587, email: Maggie@pcclit.org, or mail: PCCLT, 17 N. Linda Ave., Tucson, AZ 85745.

Share on FacebookShare on Google+Email this to someoneTweet about this on TwitterPin on PinterestShare on LinkedIn