Creating affordable homes and
strengthening communities through the
wise stewardship of land and resources.

How to Buy a Home with the Land Trust

Qualifying for the Program

To purchase a home with Northern Communities Land Trust: 

1. Your gross income must be at or below 80% of the area’s median income:

Duluth Income Guidelines

2008 Duluth Income Guidelines
Household Size
Income Limit
 
Household Size
Income Limit
1
$32,950
  
5
$50,850
2
$37,700
  
6
$54,650
3
$42,400
  
7
$58,400
4
$47,100
  
8
$62,150

 

Grand Marais Income Guidelines

2008 Income Guidelines
Household Size
Income Limit
 
Household Size
Income Limit
1
$32,950
  
5
$50,850
2
$37,700
  
6
$54,650
3
$42,400
  
7
$58,400
4
$47,100
  
8
$62,150

 

2. You must be able to obtain a mortgage to cover the purchase of your home through one of our participating lenders. (see How to Apply)

Next... How to Apply

     home

Northern Communities Land Trust   l   206 W. 4th St., Suite 201   l   Duluth, MN 55806

Phone: (218) 727-5372  l   Fax: (218) 727-3646  l   E-Mail: info@landtrustduluth.org