Have you or someone you know struggled to find a home they could afford? 

The Legacy Housing initiative aims to provide homeowners and multiunit property owners with options to preserve their family homes or property for future generations of homebuyers.

Options can include:

• Selling your home to an affordable housing program.
• Adding a restrictive covenant for price on your property.
• Connecting with local organizations that provide equity investments to support the preservation of existing housing.

The city is committed to working with property owners to promote the preservation of existing affordable and moderately priced housing in Minnetonka. Participating in Legacy Housing options not only maintains the seller’s legacy but can also streamline the sales process, offer potential tax benefits and allow for long-term reinvestment in the property.

If you are interested in learning more about Legacy Housing, visit our Homeowners page for more information about options.