Description: This home is part of a permanently affordable home ownership program opportunity and is only for owner occupants. Check the Income limit chart for Metro Denver - https://www.elevationclt.org/wp-content/uploads/2021/04/2021-Income-Limits.pdf. Elevation Community Land Trust (ECLT) is asking interested parties to first review their Homeownership program at their website https://www.elevationclt.org/buy a home. Brokers to save you time please know that your client will need to go through the application process with ECLT and get a LETTER OF FULL QUALIFICATION from ECLT, which includes ECLT Program Acceptance AND Approval from one of ECLTs four participating Lenders before submitting an offer (more information available in Supplements). This program will only accept Conventional loans. $100 monthly land lease fee applies. "This home is a preservation property and includes a City of Denver deed restriction covenant in addition to Elevation Community Land Trust's Land Lease and associated documents. Standard language will need to be included under Additional Provisions of any contract, acknowledging the City covenant and approval of income qualification from City of Denver, Department of Housing Stability (HOST).
Status: Closed
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