A brand-new three-bedroom house in Uniondale, NY, is being sold for less than half the usual price of homes in the area. The home, valued at around $285,000, will be sold through a lottery system, now open for applicants.
- Lottery Deadline: Monday
- Winner Announcement: Early March
- Estimated Move-in Date: Summer 2025
What is the Uniondale Community Land Trust (U-CLT)?
The Uniondale Community Land Trust (U-CLT) is a nonprofit organization dedicated to making homeownership affordable for low- and moderate-income families.
How It Works:
- U-CLT retains ownership of the land, while homebuyers purchase the house at a lower cost.
- Buyers must be first-time homeowners earning below the area’s median income.
- This model ensures long-term affordability and stability for families.
“We are bringing you an opportunity to invest in your future,” said U-CLT board member Paul Gibson.
Why is This Home So Affordable?
- Built Using Modular Construction – The home is constructed off-site, making it cost-effective and energy-efficient.
- Land Trust Model – Buyers pay only for the house, not the land.
- Funded by Grants & Donations – Helping keep costs low for eligible buyers.
“Many people my age are leaving Long Island because they can’t afford it,” said U-CLT Treasurer Olena Nicks. “This program allows them to stay in their community.”
Previous Lottery Success & High Demand
- U-CLT’s first home sold for $220,000 and received over 100 applicants.
- The second lottery has already attracted dozens of applicants.
“In a community where homes go for $600,000, this will be significantly less,” said Nicks. “The monthly mortgage will be about 30% of the buyer’s gross salary.”
How to Apply for the Lottery
- Deadline to Enter: Monday
- Winner Announcement: Early March
- Move-in Ready: Summer 2025
Apply Here: u-clt.org
This affordable housing opportunity offers a brand-new home at nearly half the market price, helping first-time buyers achieve homeownership in Uniondale. With high demand and limited availability, interested applicants should apply before the deadline on Monday.
