[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-268607-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-268607-en":131},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","florida-clt-primer-2018","Florida CLT Primer 2018","","Primer provides a practical overview of Community Land Trust (CLT) as a housing tool for Florida communities facing a widening gap between resident incomes and housing costs. It explains how separating land from house transfers ownership affordability to buyers while keeping land in permanent CLT stewardship through long-term, subsidized ground leases. The primer also outlines key legal and financial components, including ground lease resale provisions, tax and financing considerations, and supporting strategies for CLT homebuyers and operators.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/florida-clt-primer-2018/268607/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/florida-clt-primer-2018/268607.png","ImageObject",300,407,{"name":42,"@type":43},"Levi","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-29","2026-09-15",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",13,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What is a Community Land Trust (CLT) in the Florida Primer?","Question",{"text":63,"@type":64},"A CLT separates land from the house so the title to the house can be transferred without selling the underlying land. It is also described as a private non-profit that holds land title and manages ground leases for community benefit.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How does the CLT make CLT homeownership more affordable?",{"text":68,"@type":64},"Affordability comes from transferring house title without including land purchase costs, and from subsidized ground lease rates, often using a 99-year lease structure. Additional affordability is supported through financial subsidies such as down payment or closing cost assistance.",{"name":70,"@type":61,"acceptedAnswer":71},"What does the ground lease resale provision accomplish?",{"text":72,"@type":64},"The resale provision ensures homes remain affordable in perpetuity by restricting open-market sales. Resale uses a formula that includes homeowner equity and mortgage principal payments while limiting appreciation to keep prices attainable for new low-income buyers.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},268607,1789433249,{"code":4,"msg":82,"data":83},"success",[84,88,92,96,101,106,111,115,120,123,127],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & 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Section Two   | About the Florida CLT Institute and this Primer   |\n| Section Three   | FAQ   |\n| Section Four   | Model Ground Lease from National CLT Network(2011)   |\n|  | Community Land Trust Ground Lease Rider   |\n| Section Five   | Sample Warranty Deed for Florida(updated 2018)   |\n| Section Six   | Ad Valorem/Property Taxes in Florida   |\n| Section Seven  \u003Cbr>Section Eight   | Financing for the CLT Homebuyer in Florida   |\n|  | Local Government's Role in Florida   |\n|  | Housing Element Law   |\n|  | Surplus Lands Law   |\n|  | Local Government Innovation -Pinellas Case Study   |\n|  | Benefit of Using CLT to Implement Inclusionary Zoning   |\n|  | Sample CLT SHIP Strategy for LHAP   |\n|  | Saving Taxpayer Dollars by Using a CLT   |\n|  | Practice Tips for Community Land Trusts   |\n|  | The Obligations of the CLT to the Homebuyer in Florida   |\n| Section Nine   | Education for the CLT Homebuyer   |\n|  | Maintenance and Reserve Funds   |\n|  | Data Management for Community Land Trusts   |\n\nSection Ten  \nA Sampling of Community Land Trust Accomplishments in Florida  \n# Introduction\n\nWith limited public funds and the enormous gap between the average income of Florida's workforce andthe cost of housing,Florida's communities are looking to new tools to meet the housing needs of Florida'sresidents.A tool thatan increasing number of Florida communities are lookingto is the community landtrust.  \nA community land trust(CLT)refers to the vehicle of separating land from building(house)for the purposeof transferring title to the house without selling the land.It also denotes the private non-profit corporationthat acquires and holds title to the land and manages the ground leases on that property for the benefit of thatcommunity.  \nThis approachinvolves permanent CLTownership of land,which in some cases is used to develop affordablehousing and in other cases is leased to lower-income households,who are assisted in buying the homeslocated on the CLT land.In the context of owner-occupied housing,the CLT willtransfer title of the houseto the buyer while retaining title to the underlying land.The purchase becomes more affordable becausethe transfer of title to the homeowner does not include purchasing the land (in some parts of Florida,thecosts of land dwarfs the costs of the actual building).The CLT then leases the underlying land to the newhomeowner at a subsidized rate (usually utilizing a 99 year ground lease).The CLT then manages theground leases for the properties.  \nThe CLT ground lease contains a resale provision which ensures the property will be affordable in perpetuity.The owner of a CLT home is not permitted to sell the home on the open market.The long term goal of theCLT is to remove housing from the speculative market so that homes remain permanently affordable.Thehome must be sold to a new low-income buyer at an affordable price,which is determined by a resaleformula found in the ground lease.  \nThe resale provision in the ground lease should provide a reasonable return to the homeowner.Typically,the sales price will include whatever monies the homeowner paid in equity at closing(down payment)aswell as allprincipal payments made on the mortgage,and an appreciation based on the resale formula.Theappreciation of the home's value will typically be far less than standard market appreciation because the capon appreciation keeps the homes affordable to new homebuyers.  \nIn addition to a below market appreciated sales price,a CLT home is made more affordable to low incomehomebuyers through the use of financial subsidies either in the construction of the homes or as moniesdirectly provided to the homebuyer(i.e.,down payment or closing cost assistance or both).If the CLThome was allowed to be sold at the market appreciated sales price,the government or other subsidy providerwould have to expend an even greater amount of subsidy to make such homeown","cbCaig31j6VqSH6b","https://ap.wps.com/l/cbCaig31j6VqSH6b","pdf",15497413,116,"English","# Introduction\n## Acknowledgement\n## About the Florida CLT Institute and this Primer\n## FAQ\n## Model Ground Lease from National CLT Network (2011)\n## Community Land Trust Ground Lease Rider\n## Sample Warranty Deed for Florida (updated 2018)\n## Ad Valorem/Property Taxes in Florida\n## Financing for the CLT Homebuyer in Florida\n## Local Government's Role in Florida\n## Housing Element Law\n## Surplus Lands Law\n## Local Government Innovation - Pinellas Case Study\n## Benefit of Using CLT to Implement Inclusionary Zoning\n## Sample CLT SHIP Strategy for LHAP\n## Saving Taxpayer Dollars by Using a CLT\n## Practice Tips for Community Land Trusts\n## Obligations of the CLT to the Homebuyer in Florida\n## Education for the CLT Homebuyer\n## Maintenance and Reserve Funds\n## Data Management for Community Land Trusts\n## A Sampling of Community Land Trust Accomplishments in Florida","[{\"question\":\"What is a Community Land Trust (CLT) in the Florida Primer?\",\"answer\":\"A CLT separates land from the house so the title to the house can be transferred without selling the underlying land. It is also described as a private non-profit that holds land title and manages ground leases for community benefit.\"},{\"question\":\"How does the CLT make CLT homeownership more affordable?\",\"answer\":\"Affordability comes from transferring house title without including land purchase costs, and from subsidized ground lease rates, often using a 99-year lease structure. Additional affordability is supported through financial subsidies such as down payment or closing cost assistance.\"},{\"question\":\"What does the ground lease resale provision accomplish?\",\"answer\":\"The resale provision ensures homes remain affordable in perpetuity by restricting open-market sales. Resale uses a formula that includes homeowner equity and mortgage principal payments while limiting appreciation to keep prices attainable for new low-income buyers.\"}]","Florida CLT Primer 2018 | PDF",292]