The Milwaukee Community Land Trust (MCLT) transforms houses into pillars of strong families and safe neighborhoods by making homes permanently affordable to low-income buyers through a proven community land trust model. There are 270 community land trust across the country all dedicated to providing affordable homes and wealth creation opportunities to those who otherwise would not have those chances.
Using public and private subsidies, we purchase land and home and either rehab the existing homes or build new ones. We keep prices well below market for homebuyers. In return, they agree to sell their home for below market value, ensuring subsidies are passed onto future generations. And homeowners can build wealth from market appreciation and equity growth.
We are a responsible partner. Owning a home is a journey, and we guide families through the home-buying process and the day-to-day responsibilities of homeownership. We want people and families to succeed, no matter what.