This document provides information about affordable leasehold homeownership (ALHO). It characterizes ALHO as an approach to homeownership, where a resident can buy a portion of a property or unit (up to 50%) via an extended 99-year lease. This arrangement involves collaboration with a non-profit organization that possesses the remaining part of the apartment, overseeing the building and property administration. The document also provides insights into the application process and the responsibilities of homeowners.
Topics include: affordable leasehold homeownership, eligibility criteria, application process, homeowner responsibilities.