Attainable Homes and Partners Development Group will host a launch party for 12 affordable housing units at Arrive at Bowness on June 4 from 11am - 2pm
New affordable housing units are now available in Bowness through a partnership with the Attainable Homes Calgary Corporation (AHCC) and Partners Development Group.
The Built Green-certified townhome development, called Arrive at Bowness, will include a mix of attainable homes and market-priced units and will be built on land AHCC acquired from the City of Calgary in 2009.
Since then, the project has been in the planning stages, with input from area residents.
The design of Arrive at Bowness was inspired by its surroundings, says John Harrop, AHCC president and CEO.
"Thanks to Hindle Architects and the input we received from the community and our building partner, we have a unique design that reflects elements of the Sunnyside Greenhouses across the road," says Harrop. "It has a beautiful streetscape and incorporates a park that will help people in the neighbourhood get to know each other."
"Importantly, this is the only opportunity we are aware of in the area where people can buy a brand new townhouse at an attainable price point."
The first 12 attainable homes at Arrive at Bowness will be released for introductory pre-sales at a launch party on site, 7112 34 Ave. N.W., on Saturday, June 4, from 11 a.m. to 2 p.m.
Qualifying Calgarians can buy one of the attainable homes with a $2,000 down payment and mortgage payments starting from approximately $1,425 a month.
Applicants must earn no more than $90,000 if they have dependent children living in the home and no more than $80,000 without children.
Visit www.attainyourhome.com/portfolio/arrive-bowness for more information.
View the original story at this link: http://www.calgarysun.com/2016/05/28/affordable-housing-units-now-available-in-bowness
on Thu, 06/30/2016 - 20:51 by admin
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Attainable Homes Calgary Corporation (AHCC) is a nonprofit social enterprise and wholly owned subsidiary of The City of Calgary that delivers well-appointed, entry-level homes for Calgarians who have been caught in the city’s growing housing affordability gap.
Through our Attainable Home Ownership Program, we connect builders, developers, lenders, lawyers and others to bring down the upfront costs of ownership so qualifying Calgarians can buy their very own home with a $2,000 down payment. Furthermore, when you decide to buy an attainable home, you're also choosing to pay it forward to help another family in the future. When you eventually decide to refinance or sell your home on the market, a share of the appreciation goes back into the program to fund more developments that will help even more people get a foot on the property ladder.
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