City of Lakes Community Land Trust

2961 Aldrich Avenue North - $79,900

Priced at $79,900 (market rate value estimated at $110,000), this single family home is currently for sale in the Hawthorne neighborhood.  Home was built in 2004 and looks and feels brand new.  3 Bedrooms, 2.5 baths including master bath in master bedroom.  2 car garage, large unfinished basement, appliances, and air conditioning.  Located on corner lot. 

Something of Great Value

“Before I bought this house,” laughs Jackline Mukiibi, sitting on the couch in her new home in the Folwell neighborhood, “the most expensive thing I’d ever bought without student loans was my laptop computer.

2750 Cedar Ave. S., Unit 302 - $87,500

This 1-BR, 1-BA condo is available through the CLCLT homeowners who occupy the unit for a price of $87,500 (market rate price of $177,000). Household must also qualify for full affordability assistance and Hennepin County funding – CLT price would increase to $104,850 if household doesn’t meet Hennepin County criteria – call CLCLT for more details.