Attainable Homes Calgary offers Chalet townhomes

Saturday, January 23, 2016

Attainable Homes Calgary Corporation (AHCC) has expanded its affordable home ownership program with the release of 14 townhomes for sale at Chalet No6 by Hopewell Residential.

Starting from today, qualifying households can purchase one of the homes with a $2,000 down payment. 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. 

AHCC President and CEO John Harrop started with the organization in January and said he has been surprised with the level of interest in the program.

“You just have to walk in our office and see the number of enquiries and phone calls we receive to know that home prices in Calgary continue to be at a level that is unattainable for many,” Mr Harrop said.

Over the last year the organization recorded nearly 200,000 web visits and close to 1,500 people completed its home education session to learn all the basics of buying, owning and selling an attainable home.

Mr Harrop said AHCC’s program was developed for individuals, couples and families working in the municipal, academic, social services and health sectors.

“The people accessing our program have stable jobs and can manage mortgage payments, but they haven’t been able to save a down payment because of the cost of living and rent in Calgary.”

“We’re happy to be partnering with builders like Hopewell to offer more options in great neighbourhoods like Copperfield.” 

Two- and three-bedroom options are being offered in Copperfield with monthly mortgage payments starting from $1,240. You must have a mortgage pre-approval of at least $267,900 to buy a home in this location. 

Visit http://attainyourhome.com/portfolio/chalet-no6 for more information.

- ENDS -

Media contact:

Marissa Toohey, Attainable Homes Calgary Corporation

Mobile: 403-608-3894

Email: marissa.toohey@attainyourhome.com

About Attainable Homes Calgary Corporation:

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 not only gaining home stability and financial stability, but you're also choosing to pay it forward to help another family in the future. Because when you eventually decide to 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. For more information, visit www.attainyourhome.com.

About Hopewell Residential:

Hopewell Residential is the residential community development, multi-family and single-family construction division of the Hopewell Group of Companies. An organization known for its unique approach to life and business, Hopewell’s dual focus is building homes and developing a family of inspiring communities across Alberta. For more information, visit www.hopewellresidential.com.

WE MAKE HOME OWNERSHIP HAPPEN

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.

Do you aspire to own a home of your own? Contact us today and let us show you just how attainable this milestone can be.

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