Homeowner Tools

After closing, you can still engage with ECLT and we’d love for you to be involved! If you are interested in participating in HAC and/or HLC please reach out to legal@elevationclt.org to learn more.

• Homeowner Advocate Cohort (HAC) provides ECLT homeowners with legislative and media training to help them advocate for affordable homeownership in their local communities and at the state level.
• Homeowner Leadership Council (HLC) provides ECLT homeowners a chance to provide feedback, guidance, and direction to the ECLT Board of Directors.
• The ECLT Board of Directors consists of funding and muncipal partners, as well as homeowners. Please check your email regularly for openings if you are interested in joining.

At closing, you were given a form called an ‘Automatic ACH Authorization Form’. This form allows you to set up auto pay so that your Land Lease fee is paid directly from your bank account.
If you did not set that up but would like to, please feel free to email Elevation Community Land Trust at homeownerquestions@elevationclt.org, or call us at 720-822-0052. You can also contact us to discuss alternative accepted payment methods.

Depending on your home, your closing documents may also include a collection agreement(s). Collection agreements can either be for a set period of time, or indefinitely. The agreement(s) can be for certain utilities, HOA fees, or other municipal fees that the homeowner is responsible for, but are billed to ECLT as the land owner. Please make sure to save a copy of your collection agreements for reference in the event you and ECLT need to refer back to them after closing.

A Qualified Capital Improvement will increase the resale price of your home. A QCI must be approved in writing by Elevation prior to the start of the project as specified in Section 10.10 of your land lease.

There are three types of QCI:

• Add energy efficiency to the home (e.g. adding solar panels to the home)
• Add accessibility to the home (e.g. adding a wheelchair ramp or roll-under countertops)
• Add bed / bath to previously unifinished space.

The minimum cost of a QCI project is $2,000. You can email homeownerquestions@elevationclt.org for a copy of our QCI policy.

The state of Colorado provides an Emergency Mortgage Assistance program. The Emergency Mortgage Assistance Program uses federal Homeowner Assistance Funds to help homeowners get caught up on past-due housing payments, property taxes, insurance and housing utilities.

Please visit https://bit.ly/42OoTSZ for more information.

If you are behind on your housing payments, or are worried about falling behind, one of the best things to do is to speak with a HUD-approved housing counselor. A HUD-approved housing counselor can help you understand what your options are when you are facing foreclosure. To learn more about options avaliable, please visit: https://bit.ly/44TwMbD

You can also email homeownerquestions@elevationclt.org for assistance.

A homeowner’s association (HOA) controls different aspects of how you are able to use your home, but it also manages parts of your home that you share with the other homeowners. For example, HOAs frequently manage common green space and common sewers, among other things.

Your HOA also charges you a monthly fee to administer these shared aspects of your home. You are directly responsible for that monthly fee, not Elevation Community Land Trust, and you must pay the fee directly to the HOA when it bills you or to ECLT if you signed an HOA collection agreement.

The State of Colorado also provides some assistance with HOAs and filing complaints against HOAs. For more information, please see this presentation: https://bit.ly/42rveUB

If you have any questions about your HOA, you may contact the HOA itself or homeownerquestions@elevationclt.org.

There are various programs avaliable to help homeowners with home maintenance and repairs. Some of these programs are restricted by factors, such as household income, municipality, and feasbility of the repairs. Visit https://bit.ly/3Bii3JR to learn more.

When you close on your home, a new Deed of Trust is recorded. These records are routinely checked for new recordings to send additional services or spam mail. Depending on the nature of these inquiries, someone may try to defraud you as a new homeowner. In Colorado, you are able to file a complaint with the Attorney General’s office. If you would like more information or need to file a complaint, please visit: https://bit.ly/3MjkGkN