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The Maggie Walker Community Land Trust
Maggie Walker Community Land Trust creates and preserves permanently affordable homeownership for households earning 80% to 115% of Area Median Income, expanding access, promoting equity, and supporting lasting community stability.
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Organization Overview
Grants Received by Year
This organization is a grant recipient. See Funding Received below for details.
IRS Classification Codes
Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.
The National Taxonomy of Exempt Entities (NTEE) code is a four digit code used to classify an exempt IRC 501(c)(3) organization.
Subsection Codes are the codes shown under section 501(c) of the Internal Revenue Code of 1986 which define the category under which an organization may be exempt.
Asset Codes relate to the amount of assets shown on the most recent Form 990 series return filed by the organization.
Affiliation Code defines the organizational grouping.
Deductibility Code signifies whether contributions made to an organization are deductible.
Documents
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Funding Received
Verified from IRS Form 990 Schedule I filings by this organization's funders - 17 grants from 10 funders, 2018-2022.
Funders, amounts, and purposes are available to GrantWatch MemberPlus members. Upgrade to view.
About the Organization
- Organization category
- Public Charity
- Country / State
- United States / Virginia
- Mission
- Maggie Walker Community Land Trust creates and preserves permanently affordable homeownership for households earning 80% to 115% of Area Median Income, expanding access, promoting equity, and supporting lasting community stability.
- Programs or services
- **Programs & Services**
The Maggie Walker Community Land Trust provides a comprehensive pathway to permanently affordable homeownership, supporting families from initial eligibility through long-term stewardship of their homes.
**Homeownership Information & Education**
MWCLT provides homeownership information sessions, workshops, and educational opportunities to help prospective homeowners understand the homebuying process, affordability options, and the benefits of community land trust homeownership.
**Homebuyer Eligibility & Application Support**
MWCLT assists prospective homeowners in determining eligibility, navigating program requirements, understanding income guidelines, and preparing for the transition into affordable homeownership.
**Homeownership Preparation & Financial Empowerment**
Through education and individualized guidance, MWCLT helps families build the knowledge and confidence needed to successfully purchase and maintain a home, including understanding financing, budgeting, long-term affordability, and homeowner responsibilities.
**Affordable Home Purchase & Closing Support**
MWCLT facilitates access to permanently affordable homes and provides support throughout the purchase process, including coordination with lenders, real estate professionals, and community partners. Through pro bono legal partnerships, eligible homeowners receive assistance with closing documents and future estate planning needs.
**Post-Purchase Stewardship & Homeowner Support**
MWCLT provides ongoing stewardship services to ensure homeowners remain successful long-term. This includes maintaining relationships with homeowners, providing resources and guidance, supporting compliance with community land trust requirements, and helping preserve affordability for future generations.
**Community Building & Resident Engagement**
MWCLT fosters a strong sense of belonging among homeowners through ongoing engagement, resources, and opportunities for residents - Target Audience
- **Target Audience**
The Maggie Walker Community Land Trust serves low- to moderate-income individuals and families seeking a pathway to affordable, sustainable homeownership. Our primary audience includes households earning approximately **80% to 115% of Area Median Income (AMI)** who are often underserved by traditional housing markets due to rising home prices, limited inventory of affordable homes, and systemic barriers to wealth-building opportunities.
MWCLT prioritizes support for:
* **First-time homebuyers** seeking education, resources, and guidance to successfully navigate the homeownership process.
* **First-generation homeowners** who may not have access to generational knowledge, financial resources, or family support systems traditionally associated with homeownership.
* **Historically marginalized communities** that have experienced barriers to housing access, including communities impacted by discriminatory housing practices, disinvestment, and limited access to wealth-building opportunities.
* **Working families** who earn too much to qualify for many traditional affordable housing programs but remain unable to afford market-rate homeownership.
* **Individuals and families committed to long-term community stability** and preserving affordable homeownership opportunities for future generations.
Through the community land trust model, MWCLT helps families achieve the stability, security, and wealth-building benefits of homeownership while ensuring homes remain permanently affordable for future buyers. - Geographic Focus
- United States