Rental Requirements
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Residents must be 60% or less of the Area Median Income (AMI) for DCLT’s affordable rentals.
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Residents should be 80% or less of the Area Median Income (AMI) for DCLT’s workforce rentals.
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Residents must have stable employment or income (2+ years) and meet credit and criminal history guidelines.
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Durham residents who use Housing Choice (Section 8) or Veteran Affairs Supportive Housing (VASH) Vouchers are welcome to apply.
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My land trust home is an investment in an affordable community. “We need more permanent affordable housing, and we need it fast.”
In this article, Laura Friederich articulates why buying a DCLT home was so timely.
To be eligible for homeownership, residents must have a total household income of 80% or less of the Area Median Income (AMI) in Durham County.
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Buyers must qualify for a home mortgage through one of our lending partners – North State Bank, Fifth Third Bank, Union Home Mortgage, Pinnacle Financial Partners, or Nine Street Mortgage. Feel free to contact DCLT for our lender partners’ information.
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Buyers must complete a land trust orientation and a HUD-certified homebuyer education course (locally led by DHIC).
- Submit below if you qualify for a home mortgage and have completed a homebuyer education class.
“CEF and DCLT are working together to open access to more equitable financial services — a matched savings program and one-on-one coaching and support for DCLT’s tenants and homeowners. We’re exploring and co-designing positive rent reporting to build tenants’ credit history!”
-Janet Xiao, Co-Director, Community Empowerment Fund.
