Our Policies

All community land trust homeowners enter into a long-term agreement with NMCDC using a ground lease to preserve the affordability of the home. The ground lease also dictates what a homeowner may and may not do with the home and the land. By signing the ground lease, you agree to the following:

• Occupying your home for at least 270 days each year.
  • CLT homes are prohibited from providing a short-term rental like AirBnb, VRBO, etc.
• Requesting capital improvement credit before construction.
  • Planning a remodel or expansion? Reach out to see if your improvements will qualify for credit at the time of resale.
• Paying taxes for your property.
  • NMCDC will ensure you are taxed for the resale value of your home – not the market value.
  • In addition, your taxes will be even lower than traditional homes, as the land beneath your home is tax-exempt.
• Selling your home to an income-qualified buyer at a maximum resale price.
  • Looking to sell? Contact NMCDC and we will provide you with your resale price based on the resale formula in your ground lease.
• Paying a monthly stewardship fee to NMCDC for the lease of the land.

Have a question on your ground lease? Reach out to Stewardship Coordinator, Hannah, at [email protected]. Exemptions may be available by request to NMCDC Board.

Homeowner Resources

• 2023 Compliance Affidavit
• 2023 Homeowner Survey
• Get involved!
  • Join the Board on your Homeowners Association (HOA)! Email [email protected] if interested.
  • Join the NMCDC Board! Email [email protected] if interested.
• Automating your monthly Stewardship Fee
  • ACH Form
• Utility Assistance
  • Low-Income Energy Assistance Program (LIEAP)
  • Energy Share
• Property Maintenance
  • MUD Tool Library and Workshops
  • Annual Maintenance Schedule
  • Montana Homeowner Assistance Fund
  • Estate Planning
    • Transfer of Death Deed
• Tax Assistance
  • Tax Help Montana
• Selling your home:
  • Notice of Intent to Sell
  • Appraisal-Based Resale Formula (available for homes purchased before 2016)
  • Fixed-Rate Resale Formula