Durham Community Land Trustees

3 likes

πŸ‘πŸ’­ What exactly is the Shared Equity Model?

With DCLT, homeownership is about more than buying a house, it’s about creating opportunities that can last for generations. Through the shared equity model, homeowners purchase their home at an affordable price, build equity while they own it, and agree to sell it at an affordable price to another income-qualified buyer in the future. That means one affordable home can create multiple opportunities for homeownership over time, while helping families build stability and wealth along the way. πŸ’š It’s a model designed to balance individual opportunity with long-term community affordability. 🏠 Homeownership πŸ’° Equity Building 🀝 Community Investment πŸ”‘ Lasting Affordability That’s how we’re Bringing Durham Home. #DCLT #BringingDurhamHome #SharedEquity #AffordableHomeownership #DurhamNC #CommunityLandTrust #Homeownership #AffordableHousing
See it on Instagram β†—
More from Homeownership
More from Durham Community Land Trustees