Community Land Trust of Palm Beach County and the Treasure Coast

Through the commitment of its all-volunteer board of directors, the dedication of its staff, and support of its members, the clt of pbctc has been able to accomplish the following in fy 2022-23:new housing construction: completed the first home in the lake worth Beach clt cottage homes project. This home is set aside for households with incomes at 80% and below of the ami.broke ground on the lake worth Beach e street clt cottage homes project. This project is comprised of three 3 bd/2ba single family homes targeted to households at 100% of the ami. the project was awarded $287,700 in american recovery act dollars from Palm Beach County and the lwbcra donated the lots.initiated the donation of an additional 3 three lots from the lake worth Beach cra for the lake worth Beach cottage homes project.clt homeownership:sold 1 (one) affordable house under the Community Land Trust model of homeownership to an eligible household with an income below 80% ami.executed nine (9) presale agreements for davis commons with buyers whose annual income is at or below 120% ami.clt rentals:made 82 affordable rental housing units available to households with incomes ranging from 30% ami to 120% ami at davis landings and la joya villages.grants awarded:awarded $20,000 operating grant from wells fargoawarded $10,000 operating grant from bankunitedawarded $5,000 operating grant from finemark national bank and trustawarded $2,000 operating grant from synovussubmitted for $65k in employee retention credit from irsprogram expansion:obtained the city of port st lucie council's approval to move forward with a buyer initiated clt program in the city the first in the state of Florida.