How the Program Works

In a nutshell


One significant barrier to homeownership for many moderate-income Calgarians is the down payment. We remove this barrier through an investment partnership. You, as the home buyer, provide $2,000 and we provide the rest to get to the required five percent down payment. You live in your home as long as you want. If and when you sell your home, that’s when a portion of the home’s appreciation goes back into the program to pay it forward to future participants. The longer you live in your home, the larger your share to a maximum of 75 percent.



  • ·         Maximum household income of $90,000/year with dependent children living in the home
  • ·         Maximum household income of $80,000/year with no dependent children living in the home
  • ·         Your assets are less than 20% of the home’s purchase price, up to a maximum of $50 000  (this does not include primary vehicle, RESP, RRSP & pension)
  • ·         You can qualify for a mortgage and put $2,000 of your own money down
  • ·         You complete one of our home education sessions (group session or independent)
  • ·         Your home will be your permanent and only residence

Shared Equity Calendar

You never have to sell your home. But if you do, that’s when we share in the home’s appreciation with you. If you live in your home for three years or more, you will keep three quarters of the increase in your home’s value. The portion we take is to help pay it forward to future program participants.

Years of ownership*

Your share of the home’s appreciation

0 – 1 year


1 – 2 years


2 – 3 years


3 + years



*There is no minimum or maximum length of time required.


Sometimes it’s easier to understand how the program works when we walk through an example.

Purchase price


Deposit from you

Gifted down payment we provide




Your mortgage from a preferred lender





Say you sell your home after four years and the appraised value is $254,700.

Market value of your attainable home


Minus your original deposit


Minus your mortgage amount


Appreciation (increase in value)



The home grew in value by $43,700. If you are selling after four years of ownership, you keep 75% of that value or $32,775. The program keeps 25% or $10,925 which is paid forward to more people like you. It’s an investment partnership that works to help you and others like you.

Think you are ready to take the next step? 

3 simple steps that will change your life

1.      Fill in the online application form by clicking the “Let’s begin” button below. This will tell us about who you are, what you’re looking for and whether you fit the program criteria.

2.    Education. Every home buyer must come to our office to complete an education session which can be done individually at our computer terminals or in a group session offered monthly. The session explains how the program works, provides information about our lender and legal partners and helps you to consider whether homeownership is right for you.

3.       Mortgage pre-approval. As with any home purchase, all our clients must qualify for a mortgage. We are partnered with all of the major financial institutions. Each has specific agents who are very familiar with our program. Please contact us for a list.

 Homeownership is within reach…

 Let's Begin


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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