The Lawrence Community Housing Trust, formerly known as Tenants to Homeowners, is a local Lawrence, KS nonprofit that has helped more than 350 families become homeowners since 1992. TTH also provides 68 affordable rentals and reaches more than 300 people annually through homebuyer education workshops and presentations to help equip families to be successful homeowners.
For its homeowners, TTH also provides maintenance workshops, post-purchase counseling and foreclosure prevention advocacy. The Housing Trust has a 0% foreclosure rate since it was adopted in 2005.
The Lawrence Community Housing Trust Program offers a stock of affordable renovated or newly constructed homes at subsidized sale prices to buyers with low to moderate incomes. In exchange for this value, the buyers agree that when they elect to resell, they will resell to another income-eligible buyer at a formula price that allows buyers to earn a fair amount of equity, while keeping the home affordable to the next buyer without requiring additional subsidy.