Dakota Land Trust

Dakota Land Trust (DLT) is a not for profit organization, established to create and preserve a permanent supply of affordable homes for households otherwise priced out of the housing market in Western SD. DLT, is an affiliate organization under NeighborWorks Dakota Home Resources.

DLT accomplishes it’s mission by using a shared equity model, where DLT purchases the land (removing the land cost from the purchase price) and leases the lot to the home buyer using a 99-year renewable and transferable lease.  This helps make the home affordable to the initial buyer.  Then a share of the propertie’s equity stays with the home at the time of a future sale, providing affordable housing in perpetuity.