OUR MISSION


Our mission is to carve out affordable and democratic housing in the Tri-Cities metropolitan area. Tres Ríos Community Land Trust will be owned and governed by the people who make our community home.

HOW IT WORKS

We purchase or build a house as a community.

We sell it to a qualified buyer. In WA most land trusts are creating workforce housing selling to folks earning below the average median income (AMI) and up to 120% of AMI.

The buyer carries a traditional mortgage and builds equity on the structure. They also pay a small monthly lease fee to the CLT.

If the owner chooses to sell, the community land trust selects the next qualified buyer. About 40% of CLT buyers move on to a traditional purchase.

When the property is sold, it is sold at a rate that allows us to keep the cost of housing as affordable as possible.

We can also purchase commercial real estate, keeping rents affordable and helping to support our small business owners.

A NEW PATH…

…FORWARD

We are a non-profit organization that will combine private and public funds (HOME grants, and other state and federal housing money) to get people into affordable homes. If you think decent housing is a human right, please join today!

discord invite link