Our Homes
Put Down Your Roots
in an Oakland Community Land Trust home!

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Green Homes

Our development team and community partners including UrbanCore LLC, Turner Group Construction, and Salazar Architects Studio Inc. have developed a home rehabilitation plan to achieve a GreenPoint Elements Rating from Build It Green. Below is a description of the green features of OakCLT homes:

CATEGORY

FEATURE

DESCRIPTION

Sustainable Site

Site Location

Homes will be located in urban settings, efficiently sized to the residents’ needs, and near urban amenities such as alternative transportation. Pest control and proper foundation water management will be assured.

Materials & Resource Conservation

Construction & Demolition Waste

Over 25% of waste will be diverted from landfill.

Water Conservation

Plumbing

High water efficiency showerheads and faucets will be installed, and all accessible pipes will be insulated.

Landscape

At least 50% of the plants will be native or Mediterranean climate, a high efficiency irrigation systems will be installed, and water conserving mulch will be applied.

Energy Efficiency

Heating, Ventilation & Air Conditioning

Energy Star ventilation fans will be installed.

Building Energy Performance

Windows and attic insulation will be upgraded to meet or exceed current code.

Appliances & Lighting

Energy Star rated dishwashers, refrigerators and efficient lighting will be installed.

Renewable Energy

2.0kW Photovoltaic System that offsets approximately 85% of the energy needs will be installed.

Indoor Environmental Quality

Finishes

Zero-VOC interior/wall ceiling paints and environmentally preferred materials for the interior trim and flooring will be utilized.

Air Quality Alarms

Carbon monoxide alarms will be installed.

Integrated Design

Community Features

Home rehabilitation will promote homeowner safety and promote social gathering.

OakCLT Community Services

Community features include broadband service with an access portal that will inform homeowners on OakCLT updates and services. Also, the OakCLT plans to provide the greater neighborhood services such as; income and asset development resources, neighborhood leadership opportunities, and tools to achieve sustainable living.

GREEN JOBS

Our plan to rehabilitate vacant, foreclosed homes will help promote the development of the local green economy.

  • OakCLT will create green-collar construction jobs and stimulate Oakland's economy. The rehabilitation of these properties will generate 640,000 hours of work to be paid at prevailing wage rates, directly contributing approximately $8 million into the local economy. All work will conform to energy-efficient, green industry standards.

  • OakCLT will create a career path into the construction industry for local residents. Up to 20 percent of the hours worked will be performed by entry-level apprentices, allowing up to 100 people to enter the trades with experience in green building standards. OakCLT will work in partnership with local community-based organizations to place at-risk youth and formerly-incarcerated people in these entry-level positions.

 

DEMONSTRATED COMMITMENT TO SUSTAINABILITY

Other green building elements in OakCLT homes include:

  • Energy-efficient homes will significantly reduce homeowners' monthly costs, and support ongoing home affordability.
  • OakCLT homes will demonstrate environmental stewardship in Oakland's low-income neighborhoods. Each year, each house will prevent: 3,640 lbs of carbon dioxide pollution, 3.85 lbs of sulfur dioxide pollution, and 5.33 lbs of nitrous oxide pollution. This is equivalent to a reduction in automobile driving of 4,368 miles, or planting 0.3 acres of trees.
  • Increased annual energy savings also position OakCLT homes for long-term competitive real estate value.
 
OakCLT Information Sessions

 

Attend one of our free informational public workshops for potential land trust homebuyers! Come learn more about the exciting new homeownership opportunities available through the Oakland Community Land Trust.

Join us on the Third Saturday of each month for an exciting joint session with Operation HOPE!.  Attend Operation HOPE's Homeownership Seminar from 9:30am to 12:30pm, and stick around to hear all about OakCLT from 1:00pm to 2:00pm.

We also have a weeknight info session at the OakCLT offices on the First Wednesday of each month at 6pm.  Please join us!  NOTE: There will not be a Wednesday evening workshop in May.

 

WHAT:

OakCLT Informational Homebuyer Workshops


1st Wednesday Weeknight

3rd Saturday Afternoon
WHEN:
Saturday April 19, 2014 at 1:00pm
WHERE:

Oakland Community Land Trust office

1720 Broadway, 2nd Floor

Oakland, CA


Oakland HOPE Center

3062 East 9th Street

Oakland, CA  (MAP)

 

You can also click here to fill out an interest form.  We will follow up with you once we receive your information.

For more information contact Aaron at 510-463-2883 or aaron(at)oakclt.org.

 

Do I Qualify to Purchase an OakCLT Home?

One of the first steps to learn if you qualify to buy an Oakland Community Land Trust home is to attend one of our information sessions. There you will learn how our program works, the benefits of owning a land trust home, what homes we currently have available, and we can answer any questions you might have.

There are several key factors we must take into account when determining if you are eligible to purchase an OakCLT home.

Household Income: The Oakland Community Land Trust creates affordable homeownership opportunities for individuals and families earning between 50 to 80 percent of the area median income for Oakland. Income derived from all household members that will live in an OakCLT home must be applied towards determining the gross income for the household. The following chart shows the 2013 area median income figures for Oakland, based on household size (# of people living in your home, whether they earn an income or not):

Household Size 1 2 3 4 5 6
50% AMI $31,250 $35,700 $40,150 $44,600 $48,200 $51,750
80% AMI $45,100 $51,550 $58,000 $64,400 $69,600 $74,750

* If your income is outside of--but close to--this range, we still encourage you to contact us to have your eligibility determined by OakCLT.

Credit: To qualify for a mortgage and purchase a home, you must have good credit. Generally, the minimum FICO score currently required to obtain a mortgage is in the range of 620 to 640, depending on the lender.

Down Payment Requirement: All OakCLT homebuyers are required to contribute at least 3 percent of the purchase price of the home as a down payment, in addition to closing costs.

Employment: You should have proof of steady income for the past two years.

First-Time Homebuyer Status: You DO NOT have to be a first-time homebuyer to purchase an OakCLT home.  However, certain down payment assistance and other subsidy programs may require that a buyer must be a first-time homebuyer to receive assistance. (In practice, this means that you have not owned a property that you have lived in for the past three years.)

Homebuyer Education: To purchase an OakCLT home, you must receive homebuyer education from a HUD certified homebuyer education counseling agency.  OakCLT has partnered with Operation HOPE to provide assistance to our purchasers. The 8-hour HUD course must be completed prior to the close of escrow.


If you have any questions, please contact Aaron at aaron(at)oakclt.org, or 510-463-2883.

 


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