Our Properties

Condominiums

Condominiums, also known as “condos,” are owned by the individual purchaser, just like single family homes. Equity accrues and tax breaks are available. Condo homeowners form a home owners association and share the expenses of managing and maintaining the entire property, making condominiums more affordable than single family homes. Through the home owners association, residents are able to create a strong sense of community for themselves and their families.
Learn More about Condos

Current NCLT condominiums include:

1314 and 1320 Haskell Street CLT Homes, Berkeley

      8 CLT condominium units, four of which are wheelchair-accessible units

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1320 Haskell Street CLT Homes, Berkeley
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Linden Street CLT Homes, West Oakland
4 CLT condominium units and a community garden administered by OBUGS
(Oakland Based Urban Gardens) that will also exist in perpetuity

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Mariposa Grove CLT Homes, North Oakland
7 CLT condominium units, co-housing community and community space
currently in sales phase)


 

Single Family Homes

      Single family homes are seen by many as the top rung of the housing ladder, but are often the most difficult for low-income people to reach. Because of the high housing costs in the Bay Area, the impact of subsidies is limited. In addition to subsidizing the purchase price, NCLT offers oversight and technical assistance to low-income homeowners to ensure their success as they undertake the responsibilities of ownership.

A community land trust single-family home is like any other single-family home, with the exception that it has legal mechanisms, including a ground lease with NCLT, in place that secure the home as permanently affordable. Specifically, a subsidy is used to make the home affordable when NCLT acquires the home and the family that buys it from NCLT agrees to pass the subsidy on to the next family that buys the home, thus keeping it forever affordable and saving taxpayer money.
Learn More about Single Family Homes

 


 

Additional Properties

      Additional Properties that benefit the local communities include:

 

Northern California Land Trust Commercial, Berkeley

        7,000 square feet of CLT commercial space, rented to non-profits and community-based small businesses at below-market rents

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Northern California Land Trust residential/commercial expansion
13 units ownership housing and additional 3500 square feet commercial space added to existing site (in pre-development)

© 2017 Northern California Land Trust
3120 Shattuck Avenue Berkeley, CA 94705
Phone: 510-548-7878 Fax: 510-548-7562