We provide homes for buyers looking for single-family houses, townhomes and condominiums, and we continue to build our inventory. Preview home listings.

No. The sales prices are pre-set to ensure affordability.

ALT does not currently have rental housing, but we are working on several potential rental projects. These rental units could be used to house prospective CLT homebuyers while they prepare for homeownership. Please check back for updates.

A Community Land Trust, or CLT, is a way to help people buy homes at prices they can afford. The trust owns the land, and the homeowner owns the house on it. This keeps the cost lower because the buyer doesn’t have to pay for the land. If the homeowner decides to sell, the CLT helps make sure the next buyer can also afford it. This helps keep homes affordable for many families over time.

The Trust Owns the Land – The CLT buys and holds land to keep it affordable.

Homeowners Buy the Home – Buyers purchase the house at a lower price but lease the land from the CLT.

Affordability Lasts – When selling, homeowners agree to a resale formula that keeps the home affordable for the next buyer.

Non-resident cosigners are not permitted on mortgage loans. The primary applicant and co-applicant must reside at the property and be income verified for our program.

ALT encourages all buyers to utilize a licensed Georgia real estate agent, however it is not a requirement. You can use a licensed Georgia real estate agent of your choice. We invite all agents to become familiar with the Community Land Trust model by attending a virtual Community Information Session or continuing education course. View a list of ALT Approved Real Estate Agents.

No, buyers MUST utilize an ALT-approved lender. The list of ALT-approved lenders is provided to homebuyers once they have submitted a Program Application. ALT lenders provide conventional financing and portfolio loans. ALT-approved lenders have been trained by ALT and understand how to underwrite mortgages for the unique community land trust dual ownership structure.

Yes, downpayment assistance is available for those who qualify through three partner organizations: Atlanta Housing, Invest Atlanta, and the Atlanta Neighborhood Development Partnership, Inc. During your pre-approval process, you can consult with an ALT-approved lender about downpayment assistance programs that may be available to you.

Area median income — often referred to as simply AMI — is a key metric in affordable housing. Area median income is defined as the midpoint of a specific area’s income distribution and is calculated on an annual basis by the Department of Housing and Urban Development. A household's income is calculated by its gross income, which is the total income received before taxes and other payroll deductions. View the 2023 AMI for the Atlanta metro area.

No, land trust properties cannot be rented for ANY period of time. The home must be the primary residence of the homeowner. As an owner-occupant, the Homeowner may rent or lease a bedroom within the home, subject to all requirements of local ordinances concerning the renting of residential property.

No, there is no minimum or maximum time to remain in your home.

ALT acquires land through various means. ALT accepts donations of land from for-profit entities seeking a tax deduction. ALT also works with other nonprofit organizations, community development corporations and public entities who place land into the land trust to ensure that the housing developed is permanently affordable. ALT also purchases land and partners with developers to renovate or construct new housing. Learn more.

A Community Land Trust, or CLT, is a way to help people buy homes at prices they can afford. The trust owns the land, and the homeowner owns the house on it. This keeps the cost lower because the buyer doesn’t have to pay for the land. If the homeowner decides to sell, the CLT helps make sure the next buyer can also afford it. This helps keep homes affordable for many families over time.

The Trust Owns the Land – The CLT buys and holds land to keep it affordable.

Homeowners Buy the Home – Buyers purchase the house at a lower price but lease the land from the CLT.

Affordability Lasts – When selling, homeowners agree to a resale formula that keeps the home affordable for the next buyer.

Affordable housing is typically created through public subsidy, which establishes a specific compliance period within which the units must remain affordable. Perpetual affordability restrictions are what set Community Land Trusts (CLTs) apart from other forms of affordable housing development. CLTs ensure that the homes that they develop are affordable not only to the first occupant but to future generations as well. They do this by (1) removing the land and home from the speculative market, (2) reselling the same home over and over, and (3) using resale restrictions.

CLTs can be invaluable in building community wealth and opportunity:

Prevents Displacement: CLTs help residents remain in their communities despite rising property values, combating displacement.

Provides Community Control: By holding land in trust, communities have a say in local development, fostering stability and empowerment. ​

Encourages Wealth Building: Homeowners can build equity, contributing to personal financial growth while maintaining community affordability.

A target sales price range is determined based on the target income range for a unit. The final sales price for each unit will be determined based on the actual income of the qualified homebuyer to ensure that the homebuyer will not be cost-burdened.

Presently, ALT properties are taxed at the same rate as non-ALT properties. ALT is working with partner organizations to develop a policy agenda that would seek to ensure that ALT property tax assessments reflect the resale restrictions.

When the homeowner decides to sell, the resale formula is used to determine the resale value. ALT uses two different resale formulas. One permits homeowners to realize 25% of the appreciated value of the home, and the other uses average income growth to determine how much equity a homeowner can realize.

A Community Land Trust, or CLT, is a way to help people buy homes at prices they can afford. The trust owns the land, and the homeowner owns the house on it. This keeps the cost lower because the buyer doesn’t have to pay for the land. If the homeowner decides to sell, the CLT helps make sure the next buyer can also afford it. This helps keep homes affordable for many families over time.

The Trust Owns the Land – The CLT buys and holds land to keep it affordable.

Homeowners Buy the Home – Buyers purchase the house at a lower price but lease the land from the CLT.

Affordability Lasts – When selling, homeowners agree to a resale formula that keeps the home affordable for the next buyer.

We provide homes for buyers looking for single-family houses, townhomes and condominiums, and we continue to build our inventory. Preview home listings.

The geographic area of focus for ALT is the 45 neighborhoods surrounding the Atlanta Beltline within the city of Atlanta and the four Westside neighborhoods of English Avenue, Vine City, Ashview Heights, and the Atlanta University Center. In addition to the Atlanta Beltline Planning Area, ALT may identify other community redevelopment areas prioritized by the City.

ALT does not provide technical assistance to assist with starting new community land trusts. The Grounded Solutions Network is a national organization that provides substantial resources and reference materials for those interested in starting a community land trust.

The Metro Atlanta Land Bank is a public entity created to efficiently hold, manage and develop abandoned, blighted and tax-foreclosed property. Land banks act as a legal and financial mechanism to transform such property back to productive use. ALT works closely with the Metro Atlanta Land Bank to develop permanently affordable housing on eligible property. Learn more.

Atlanta Land Trust, Inc. is not a government entity. ALT is a nonprofit corporation operating and existing pursuant to the laws of the state Georgia. Learn more.