Energy Efficiency Grants for Como Homebuyers of a
City of Lakes Community Land Trust home
The SE Como Improvement Association will award energy efficiency grants of up to $7000 to homebuyers who are purchasing a home in the Como neighborhood through the City of Lakes Community Land Trust’s (CLCLT) Homebuyer Initiated Program (HIP). To sort out this alphabet soup of abbreviations, check out www.clclt.org , and look up the Ownership Options.
Eligibility requirements are relatively light. The purchaser(s) must be an owner-occupant, and may not earn more than 80% of the metropolitan median income at the time of closing on the home. That is currently $65,800 for a household of four people. Income maximums for other households are also listed at www.clclt.org; see the Qualifications & Benefits section.
Under the Homebuyer Initiated model homebuyers may choose homes on their own, or through a realtor, or with the assistance of realtors who work with CLCLT. To get started on the application process, homebuyers should check the Application Process described at www.clclt.org