FRESNO, Calif. (KSEE/KGPE) – A new type of housing that a nonprofit says makes owning a home “affordable” is available in Fresno for the first time.
The South Tower Community Land Trust announced that it will be listing the city’s first Community Land Trust (CLT) home on Wednesday.
CLT homes are often more affordable because the homeowner is only buying the house, not the land. The homeowners lease the land from the CLT in a 99-year, renewable lease…