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A community land trust for Apex

Homes that stay affordable. A community that stays home.

Peak City Land Trust is a new nonprofit created by the Town of Apex to build and steward permanently affordable homes — so the people who make the Peak City work can afford to live here, today and for generations to come.

Learn how it works Get involved

What is a community land trust?

Affordable today. Affordable forever.

A community land trust (CLT) is a nonprofit that owns land on behalf of the community and makes the homes on it affordable — permanently. It's a proven model used in hundreds of communities across the country.

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The trust holds the land

Peak City Land Trust acquires land — including land contributed by the Town of Apex — and holds it in trust for the community, forever.

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Families own the homes

Homes on trust land are sold at prices working families can afford, with a long-term ground lease. Homeowners build equity, stability, and roots.

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Affordability is protected

When a homeowner sells, resale terms keep the home affordable for the next family — so one investment in affordability helps generations of neighbors.

Who we are

Created by the Town of Apex, led by the community

Peak City Land Trust was incorporated in March 2026 at the direction of the Apex Town Council, as part of the Town's commitment to affordable housing. Our founding board brings together leaders from homebuilding, finance, housing policy, and local government — including representatives of the Town of Apex and Wake County.

Meet our board

The five founding board members of Peak City Land Trust standing in front of Apex Town Hall
2026 Founded at the direction of the Apex Town Council
13,100 New homes Apex needs to keep pace with growth
Forever How long homes in the trust stay affordable

We're just getting started

Our first homes are on the way

We're a brand-new organization laying the groundwork: securing our federal nonprofit status, adopting our first land development program, and preparing our first properties. Follow along as we grow.

See our progress