The Fort Worth Community Land Trust (FWCLT) is continuing to expand affordable homeownership opportunities across Fort Worth with an ambitious goal of building and rehabilitating 500 homes by 2029. As part of this growing effort, JPMorgan Chase recently announced a $1.1 million investment to help support the organization’s affordable housing initiatives and community development efforts.
The announcement was made during a May 19 event held at the Amon Carter Center in Fort Worth, where community leaders, developers, and housing advocates gathered to discuss the future of affordable homeownership in the city.
The funding will help advance FWCLT’s Community Developers Program, an initiative designed to provide community-based builders and nonprofit developers with training, technical assistance, and access to land to support the construction and rehabilitation of affordable homes in established Fort Worth neighborhoods.
In addition to announcing the investment, FWCLT also introduced its first group of development partners who will help expand the organization’s affordable housing pipeline throughout the community.
As housing prices continue to rise across North Texas, FWCLT remains focused on creating long-term affordable homeownership opportunities for working families. Some homes currently available through the program are priced starting at approximately $135,000, helping make homeownership more attainable for income-qualified buyers.
“Affordable homeownership is critical to the long-term success and stability of our communities,” said Becky Bass, Executive Director of the Fort Worth Community Land Trust, during the event. “This investment and these partnerships will help us continue creating opportunities for families while preserving affordability for future generations.”
Through the Community Land Trust model, homeowners purchase the home while FWCLT retains ownership of the land, helping reduce housing costs and preserve affordability over time.
With growing partnerships and continued investment from organizations like JPMorgan Chase, the Fort Worth Community Land Trust is working to create sustainable pathways to homeownership while strengthening neighborhoods throughout Fort Worth.
