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3880 Laverne Ave. N. Ste 275, Lake Elmo, MN 55042 (651) 994 -9194 Community land trusts (CLT) own land under a house & the owner owns their home. Advantages of CLT: homeownership, a reduced mortgage, wealth creation -the owner receives 25% of the increase in value of their home when they choose to sell their home. Last Modified: 08/06/08 Search Site Map Links Contact Us Home
Community land trusts (CLT) own land under a house & the owner owns their home.
Advantages of CLT: homeownership,
a reduced mortgage,
wealth creation -the owner receives 25% of the increase in value of their home when they choose to sell their home.