attainable homes
610, 940 – 6th Avenue SW Calgary Alberta T2P 3T1 403-265­-9935
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  • 1-2 bedrooms
  • Request More Information To Learn More!

Attainable Homes is offering a brand-new homeownership program at 1010 – 6 Avenue SW. “Affordable For Good” provides access to homeownership at prices much lower than homes in the surrounding area.

The program works as a trade-off. In exchange for purchasing a home at prices not available in Calgary’s downtown market, you agree to eventually sell the home back to Attainable Homes for the same price you purchased it for. This is how the home remains affordable for the next buyer and every buyer after you.

How does this benefit you?

  1. You can invest in yourself by paying down your own mortgage instead of paying rent. This means you’re earning equity that you can use to eventually buy a home on your own.
  2. You have a guaranteed buyer for your home without the risk of losing money in Calgary’s fluctuating real estate market.
  3. You have the pride and independence of homeownership. You are free to paint walls and hang shelves!
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About Attainable Homes

Attainable Homes Calgary is a non-profit organization, created and owned by The City of Calgary, working to help moderate-income Calgarians achieve quality homeownership.

How We Make Ownership Happen

We provide down payment assistance in the form of an investment partnership. By connecting builders, developers, lenders, lawyers, and other resources, we can give qualified Calgarians the chance to buy their own home with a $2,000 down payment.

Attainable Homes provides the remainder of the down payment to achieve the required 5 percent. If the time comes when you would like to move, we share a portion of the home’s appreciation to help pay-it-forward to more Calgarians dreaming of homeownership. The longer you live in your home, the larger your share (to a maximum of 75%). If your dream is homeownership, Attainable Homes is here to make it happen.

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Eligibilty

Family

Maximum household income of $104,000/year with children living in the home.

This means primary income earners in the home collectively must earn below $104,000 (before taxes).

Couples

Maximum household income of $94,000/year without children living in the home.

This means primary income earners in the home must collectively earn below $94,000 (before taxes).

Individuals

Maximum income of $84,000/year.

This means your income must be below $84,000 (before taxes)

Assets

Assets are less than 20% of the home’s purchase price, up to a maximum of $50,000 (Don’t worry; your primary vehicle, RESP, RRSP, or pension don’t count against you)

Mortgage

You can qualify for a mortgage and put $2,000 of your own money down

Education

You complete our home education session

Residence

Your home will be your permanent and only residence