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Itasca County HRA, One Roof Housing to host community land trust event

One of eight single-family land trust homes on the former Forest Lake School site in Grand Rapids in June 2024.
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Minnesota Housing
One of eight single-family land trust homes on the former Forest Lake School site in Grand Rapids in June 2024.

The two informational sessions on Oct. 3 will discuss a new homeownership option for Itasca County, where potential buyers could receive up to $70,000 in assistance for a down payment and closing costs.

GRAND RAPIDS — The Itasca County HRA and One Roof Housing will host two informational sessions about owning a home through a community land trust.

Area residents making between $18 and $43 an hour could purchase a newly constructed home, with down payment and closing cost assistance up to $70,000 available for qualifying buyers, according to an informational flyer.

Community land trust is a new homebuying option for Itasca County. Prices range from $185,000 to $225,000 for newly constructed two- and three-bedroom homes.

Lunch and dinner sessions will cover the new homebuying option at the Itasca County Family YMCA from noon to 1 p.m. and 5:30-6:30 p.m. on Oct. 3, with meals and refreshments served during both events.

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