REALTORS® serving Calgary and area

Dec. 06, 2013 | CREBNow

A New Partnership will help with Attainable Housing for Calgarians

Attainable Homes Calgary Corporation (AHCC) and Mattamy Homes have partnered together to deliver affordable townhomes for ownership at Cityscape.

Mattamy Homes is Canada's largest new home builder, with operations across Canada and the United States. AHCC is a non-profit organization and wholly owned subsidiary of The City of Calgary that works to deliver well-appointed, entry-level homes for Calgarians who have been caught in the city's growing affordability gap.

President of Mattamy Homes in Calgary, Greg Mills said, "We consulted the City of Calgary and agreed that housing affordability was one of the key issues facing the city, so we thought it was important to partner with a local organization that was helping more people enter the property ladder."

Mills said he was looking for an opportunity to thank and give back to the community, and that he was pleased with AHCC's sales performance.

AHCC President and CEO, David Watson said, "We're very pleased that Mattamy Homes has decided to partner with us and we look forward to working closely with their team to help more Calgarians achieve the milestone of homeownership."

The timing for this new partnership was perfect said Watson, "Calgary's real estate market is showing no signs of slowing down anytime soon, and rising prices are driving demand for attainable homes."

In order for AHCC to help Calgarians buy an affordable home, they should meet some of the following criteria: maximum household income $90,000 per annum for single and dual parent families with dependent children, maximum household income of $80,000 per annum for singles and couples with no dependent children, assets are lower than $100,000, qualify for a mortgage and put $2,000 down, willing to take part in a home education session and the attainable home will be the permanent sole residence.

Mattamy Homes will be building ten townhomes at Cityscape, which is a new community in north Calgary located at Country Hills Boulevard and Metis Trail.

Anyone who is interested in looking into AHCC and what they can offer can visit to see if they qualify.

Tagged: Attainable Homes Calgary | Calgary Real Estate | Calgary Real Estate News | Mattamy Homes

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