Homeownership units at 5901 Drowsy Willow Trail will be sold through the Austin Housing Finance Corporation’s (AHFC) Community Land Trust. These homes will likely not be available until 2026. AHFC and Industry ATX will begin targeted outreach in the area about one year before the homes are anticipated to be complete. Even though the units are a few years away from being ready, now is a great time to start preparing for homeownership. Anyone interested in becoming a homeowner should:
Review the eligibility requirements on the Austin Community Land Trust website and attend an information session.
Complete homebuyer education with one of our Community Partners, and 1-on-1 counseling.
These organizations provide a homebuyer education course (with a HUD-approved curriculum), online classes, and homeownership counseling.
The homebuyer counselors can help you determine if you are ready to buy a home, or help you come up with a plan to become mortgage ready.
Apply for the Austin Community Land Trust lottery.
Be sure to subscribe to the Austin Community Land Trust website to be kept in the loop regarding all available Austin Community Land Trust housing. The application is open multiple times throughout the year. You must complete the application in order to be eligible for a home. You only need to apply once, duplicate applications will not be accepted. Your place in line is determined by when you apply.
If you have any questions about this process, feel free to email info@aclt-homes.org.