Affordable Housing Land Trust
The Frederick County Affordable Housing Land Trust LLC (Land Trust) is a new non profit, tax exempt organization formed under the parent company, Habitat for Humanity of Frederick County, Inc., whose purpose is to ensure a sustainable supply of affordable housing. Through a partnership with the Board of County Commissioners (BoCC) of Frederick County, the Land Trust acquires properties, rehabilitates if necessary, and sells the properties to qualifying homebuyers. The new homebuyer owns the improvements, and the Land Trust retains ownership of the land. Through a recorded Land Trust Agreement, the property remains affordable to generations of future homebuyers.
Please see the Foreclosure Clean Up Act for a description of the partnership between the BoCC and Land Trust and eligibility requirements for interested households.
Please see Land Trust Available Properties as of June 25, 2014.
Jennifer Minnick - Land Trust Director
c/o Frederick Habitat for Humanity
2 East Church Street
Frederick, MD 21701
301-698-2449, ext 19
[link to 10/10/13 press release]