Cass Clay Community  Land Trust

In response to growing housing affordability needs in the greater Fargo-Moorhead area and the search for effective long-term solutions, the FM Area Foundation launched an organization called the Cass Clay Community Land Trust (CLT) to create permanently affordable owner-occupied homes in the region.

Our community land trust is a nonprofit, community-based organization that leverages public and private funds to provide sustainable and affordable workforce housing. This is accomplished through a Shared Equity Model. The CLT provides the qualified homebuyer a subsidy to buy down the necessary mortgage, and lower monthly payments. In return, ownership of the land on which the home is located goes to the CLT and it is leased back to the homebuyer. 

The Cass Clay CLT anticipates adding its first ten homes to its portfolio in 2020 and continuing to expand in subsequent years– with the goal to have 105 permanently affordable CLT homes within a 5-year period ending in 2024. It is estimated that the average subsidy will be $50,000.

If you’d like to help us in reaching this goal of providing affordable housing opportunities in the FM area, please contact us to learn how you can get involved and donate. 

Call: 701.540.8028

See available homes.

Home Owner Application

Thank you to our 2020 sponsors!

  • City of Fargo
  • FM Area Foundation 
  • Otto Bremer Trust




Business Plan
Burlington Associates in Community Development, LLC
Minnesota Community Land Trust Coalition