Attainable homes made more attainable
Posted May 30, 2013 4:38 pm.
This article is more than 5 years old.
Attainable Homes Calgary wants to help more families enter the property market sooner.
Families with a maximum income of $90,000 are now eligible for the program.
“In the rental market, families have to manage increases in rent and moving from time to time, as well as all the regular and unexpected costs of raising children that make it difficult to save. We have found that many families earning just over $80,000 were still struggling to save the down payment required in the ownership market,” said AHCC President and CEO David Watson
The new criteria is in line with the median family income in Calgary.
The organization is also looking to obtain more family-friendly townhomes and apartments.
“We hope our new income criteria will allow us to support more families who are seeking the stability of homeownership,” Watson added.
