907 S 9th Street
Application round for 907 S 9th Street will open on Thursday, June 25, 2026
Overview
Price: $250,000 (CLT sales price)
Assistance: Up to $100,000 in affordability assistance, amount determined based on household income
Prospects qualified for mortgages of $150,000 or more are encouraged to applyEstimated market value: Approximately $305,000 (fee simple value)
Income requirement: This home is available to households earning under 120% of Area Median Income (AMI), with initial priority given to households earning under 80% area median income
Key Features
4 bedroom
2 bathrooms
Beautiful kitchen
Spacious finished basement with new washer & dryer
Detached single-car garage & outdoor shed
Fenced-in backyard with large deck
What is a CLT?
Homebuyers purchase the home’s structure and improvements, while GFCLT retains land ownership to keep the price affordable. When you sell in the future, you share a portion of the appreciation with GFCLT to preserve affordability for the next buyer.
About Eligibility
To qualify for GFCLT homes, households typically must:
Live or plan to live in Grand Forks County
Earn ≤ 120% of area median income
Be able to qualify for a mortgage through a GFCLT-participating lender
How It Works
A community land trust separates ownership of land from the home. You buy the home and build equity, while GFCLT retains the land to keep prices permanently affordable.
Working With a Realtor
GFCLT will pay a 3% commission to buyer’s agents upon closing. This encourages professional representation and helps buyers navigate financing and inspections.