Monday, June 3, 2013

New income criteria for attainable homes, helping Calgary families



Mayor Naheed Nenshi recently presented keys to one of the newest attainable homeowners in Calgary, Jessica Thompson and her son Nathan in Skyview Ranch.

Jessica’s unit is one of 56 two-bedroom apartment condos being sold by Attainable Homes Calgary Corporation, a non-profit and wholly-owned subsidiary of The City of Calgary.

As of June 1 Attainable Homes has implemented new income criteria in an effort to help more families enter the property ladder in Calgary. The new criteria is:
  • 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 singles and couples with no dependent children living in the home.
“We have found that many families earning just over $80,000 were still struggling to save the down payment required in the ownership market,” AHCC President and CEO David Watson said.

“We hope our new income criteria will allow us to support more families who are seeking the stability of homeownership.”

Visit www.attainyourhome.com and complete the online Ownership Toolkit to register your interest in the apartments at SkyView Ranch.

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