The mortgage on my new home is less than my rent used to be.

The 24:1 CLT invests in the community

By helping you own your own home

Beyond Housing and the 24:1 Community Land Trust (CLT) have come together to offer you the opportunity to own a beautiful, affordable, and quality home within the 24 communities of the Normandy school district.

About CLT - Logo Lockup

Less than some typical rentals

The average monthly payment for current 24:1 CLT homeowners is $750 to own a typical brand-new 3 bedroom, 2 bath home – less than some monthly rentals for equivalent homes.

  • The interest rate is fixed over the life of your mortgage. It will never go up.
  • Qualified buyers can receive up to $3,000 in down payment assistance*.
  • It's low risk for valuable rewards. While the 24:1 CLT owns the land the home is built on, you keep ownership rights and benefits to your home.

*When funds are available.

Less Than - Hug

Many home features

Your home is beautiful and built to last with quality materials and appliances.

Home Features - House
Home Features - Kitchen
Home Features - Living Room Christmas
Home Features - House
  • Brand new construction or full rehab
  • New floors or refinished hardwood
  • Updated kitchens with new appliances, cabinets, and counters
  • Updated bathrooms
  • New architectural roof shingles
  • New Energy-Star rated windows and doors
  • Updated electric, gas, and heating and air conditioning

Continuing support after you buy

We are committed to supporting you and your family in having the best possible homeownership experience.

Continuing Support - Kid Drawing
Continuing Support - Meeting
Continuing Support - Group Shot
Continuing Support - Hug School

Your homeownership advisor will continue to support you even after you buy. Depending on your needs and goals, your advisor will connect your family with services such as:

  • Home Maintenance Information and Programs
  • Job Placement and Readiness Events and Information
  • Children’s Program and Resources including –
    • – Quality Childcare Locations and Information
    • – Summer Camps
    • – After School Programs
  • Crisis Intervention Information
  • Money Management and Education Programs
  • Healthy Fitness and Eating Programs and Resources
  • Municipal News Alerts and Information
  • Holiday Events Information

Quality Programs and Services

Programs & Services - Teaching
Programs & Services - Children Playing
Programs & Services - Food Drive
Programs & Services - Playground

When you purchase a 24:1 Community Land Trust home, you become part of the 24:1 Community. As a 24:1 resident, you and your family have access to numerous programs offered by Beyond Housing, the 24:1 Community Land Trust, and other 24:1 community partners.

These Include:
  • Early Childhood Development Programs and Resources such as
    • – Free health screenings and immunizations
    • – Kindergarten Readiness
    • – Nurse Home Visiting Resources
  • School Resources and Support
    • – Back to School Supplies
    • – School Liaisons connecting you to resources so that your children are successful in school.
    • – After School and Summer Youth Programs
    • – Teen Outreach and Mentor Programs
    • – College savings programs including a $500.00 Promise Account
  • Home Repair Programs
  • Health and Wellness Classes, and Youth Sports Programs
  • Food Pantry, Nutrition Classes, and Healthy Eating Classes
  • Community Events including Summer Celebrations and Festivals
  • Job Fairs & Resume Writing Classes
  • Money Management, Education, and Planning Programs
  • Tax Preparation Assistance Programs

*If you are not interested in purchasing a home but have questions about one of the listed programs, please call 314-533-0600 for more information.

LOW RISK AND HASSLE FREE

Your investment in your home is safe.

No matter whether the housing market is up or down, you’ll enjoy peace of mind knowing you’ve made an excellent long-term financial choice for your family.

  • Guaranteed resale – the 24:1 CLT will buy your home back if you decide to sell.
  • Hassle-free – if you decide to move, contact Ava.
  • Guaranteed annual equity increase – the 24:1 CLT equity guarantees 1.5 percent equity annually based upon the sale price. Talk to your homeownership advisor for more information.
  • Major home replacement reserve – part of your mortgage payment is applied to a replacement reserve program such as heating, air conditioning, or the roof.
  • Pass down your home – you can pass down the home to your heir(s), giving them the lasting gift of a guaranteed long-term home as long as they’d like to keep it.
Questions? Or ready to get started?
Ava Smith

Homeownership Advisor

(314) 565 - 4932