Welcome to the Lawrence Community Housing Trust.
Tenants to Homeowners (TTH) combines "Real Estate" with "Affordable." If you can afford a monthly housing payment of $750-$850 (includes taxes, insurance and the TTH lease fee), the Lawrence Community Housing Trust Program may be for you. Also, as the first Energy Star builder in Lawrence, our Energy Star-rated homes total appx. $100/month in utilities. The homes pictured above are for sale! To find out how to buy one of these homes, read about The Lawrence Community Housing Trust program. You can also check out all our current projects! Would you like to receive our quarterly home maintenance newsletter? E-mail hmtravis@gmail.com with the subject line "Newsletter," to join our mailing list. At any time, you can also call us at 842-5494.
Upcoming Events:
Saturday, March 13, 2010 - Free First Time Homebuyer Workshop, 9:30am-1:30pm at the United Way Center, 2518 Ridge Court.
Frequently Asked Questions:
Why affordable housing? Accessibility & Energy Efficiency How do I use this program?
Why Affordable Housing?
We're so glad you asked. Why does Lawrence, KS need an affordable housing program? Overall, real estate values have skyrocketed and salaries have not. Lawrence also has the second-highest cost of living in Kansas.What kind of community do we want? Children whose parents or guardians own their homes have up to 3% reduced behavior problems and achieve up to 9% higher math scores and up to 7% higher reading scores than their peers in rental housing, according to 2001 findings from the Joint Center for Housing Studies of Harvard University. For these reasons and many others, TTH, Inc. works to create opportunities for people to live in the communities they work in.
Even with the market downturn, realestate.yahoo.com reports local median home prices at $189,900. What if you can finance only $105,000? A home in Lawrence that is selling for less than $120,000 is older, smaller, inefficient, and may need thousands of dollars of work to be move-in ready.
Accessibility & Energy Efficiency
All new construction is at least visitable to those with mobility impairments, and universally accessible when possible. To reduce energy costs, we began building all-electric, energy efficient homes in 2005. In October 2007, we completed the first Energy Star rated home in the city of Lawrence. You can also read an article in the Lawrence Journal-World about one of the cutting-edge designs TTH, Inc. is using.
All new constructions are Energy Star certified. Read about how we build.
How do I use this program?
There are two parts to buying a house with the Lawrence Community Housing Trust program. First, you need to be income eligible. Second, you need to be able to get a loan from a lender that participates with our program. Lenders will look at your credit and your ability to afford the monthly payments, just like they would look at any other prospective home buyer. Please read all about the program for the full details on buying an LCHT home.
