Attainable Homes Calgary Corporation

About Attainable Homes Calgary Corporation

Attainable Homes is a non-profit social enterprise created and owned by The City of Calgary working to help moderate-income Calgarians achieve their dreams of homeownership.

Attainable Homes Calgary Corporation Description

Attainable Homes is a non-profit organization created and owned by The City of Calgary to improve life trajectories for Calgarians dreaming of quality homeownership.

We remove the barrier of a down payment through an investment partnership. You provide $2, 000 and we provide the rest of your down payment to achieve the required 5% . Down the road, should you decide to sell your home, we share a portion of the increase in the home's value. The longer you live in your home, the larger the share of the appreciation you keep to a maximum of 75% .

Eligibility:

• Maximum household income of $90, 000 /year with dependent children living in the home
• Maximum household income of $80, 000 /year with no dependent children living in the home
• Your assets are less than 20% of the home’s purchase price (this does not include primary vehicle, RESP, RRSP & pension)
• You can qualify for a mortgage and put $2, 000 of your own money down
• You complete one of our home education sessions (group session or independent)
• Your home will be your permanent and only residence

More about Attainable Homes Calgary Corporation

403-265-9935
http://www.AttainYourHome.com