Community Land Trust Toolkit

This Guide is intended primarily for affordable housing developers and parts of the guide may also be helpful for the low and moderate-income families they serve. The goal of the Guide is to introduce the Community Land Trust affordable homeownership program to readers who are not yet familiar with it; to connect readers to excellent national and Texas-specific CLT resources; to share best practices in place in Austin for appraising CLT homes and land; and to share Texas-specific CLT legal documents.

• A Guide for Developing Community Land Trust Affordable Homeownership Programs in Texas
• Appendix A.1 CLT Ground Lease
• Appendix A.2 Summary of CLT Ground Lease
• Appendix A.3 CLT Ground Lease Exhibits
• Appendix A.4 Summary of CLT Ground Lease Exhibits
• Appendix A.5 Fannie Mae CLT Ground Lease Rider
• Appendix A.6 Summary of the Ground Lease Rider
• Appendix A.7 Addendum to Ground Lease for Sales with HOME Funds
• Appendix A.8 Summary of Addendum to Ground Lease, Acknowledgment of Transfer Restrictions
• Appendix B.1 Deed for Sale of Improvements Only
• Appendix B.2 Summary of Deed for Sale of Improvements Only
• Appendix B.3 Instructions for Completing TREC New Home Contract
• Appendix B.4 Addendum with Outline of Ground Lease, New Home Sales Contract
• Appendix B.5 Closing Checklist for CLT Sale
• Appendix B.6 Closing Instructions Letter for CLT Sale
• Appendix C.1 TCAD Discussion re CLT Valuation
• Appendix D.1 Overview: Community Land Trust Policy
• Appendix D.2 Executive Summary of SB402
• Appendix D.3 SB402
• Appendix D.4 Austin City Council Ordinance Adopting CLT Exemption
• Appendix E.1 C-Bar Sample Bylaws Non-Membership Org.
• Appendix E.2 Suggested CLT Language to add to the Purpose Clause of the Bylaws
• Appendix E.3 Sample CHDO Language to add to Bylaws