Attainable Homes Calgary Corporation

Attainable Homes Calgary Corporation (AHCC) was created by The City of Calgary to help more Calgarians move from rentals to ownership. Our Attainable Home Ownership Program connects developers, builders, lenders, lawyers and others to bring down the upfront costs of buying a home. This is how the program works: • We offer below market prices on well-appointed apartment condos and townhomes. • You contribute a $2,000 deposit and receive an equity loan to go towards the purchase price of your attainable home. • When you decide to sell your home, you share a portion of the appreciation with AHCC, which is reinvested in the program to help more Calgarians. • The longer you live in your home, the more of its appreciation you keep to a maximum of 75%. The program criteria as at January 1, 2015, follows: • Maximum household income of $90,000 per annum for single and dual parent families with dependent children living in the home. • Maximum household income of $80,000 per annum for households with no dependent children living in the home. • Total assets are less than 20% of the purchase price, up to a maximum of $50,000 (excluding primary vehicle, RESP, RRSP and pension). • Qualify for a mortgage and put $2,000 of your own money down. • Complete our home education session. • The attainable home will be your permanent sole residence. Are you eligible and ready to start your journey to home ownership? Visit www.AttainYourHome.com and complete the three simple steps of our Ownership Toolkit. 1. GET IN TOUCH: Complete the confidential online registration form to create your online profile and let us know what you’re looking for in a home. 2. GET EDUCATED: Complete our home education session which covers all the basics of buying and owning an attainable home. 3. GET YOUR MORTGAGE: Contact a lender to arrange your mortgage pre-approval and choose from one of our amazing homes.