Attainable Homes

Calgary, Alberta

www.attainyourhome.com/

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

Our Start

Attainable Homes began in 2009 when Mayor Dave Bronconnier took note of the growing affordability gap between homeownership and moderate-income Calgarians. Many hard-working Calgarians can pay their rent and bills but can’t save a lump sum down payment to get into homeowneship. With Councillor Brian Pincott and founding chair, David Laycock, and the support of City Council, Mayor Bronconnier developed a program to help Calgarians with a down payment, empowering them to take the leap into homeownership. Attainable Homes Calgary Corporation was born with a mandate to build 1,000 well-made, entry-level homes for moderate-income Calgarians.

Our First Partnership

Attainable Homes had a strong concept, but we needed a builder partner; a company that was as passionate about helping Calgarians reach their homeownership goals as we are. After getting an overwhelming response to our public request for proposals, we signed an agreement with Cidex Developments Ltd. Their contribution of units from two of their developments allowed Attainable Homes to get off the ground two years before our anticipated launch. We are proud to have now partnered with 11 builders in various areas of the city.

Engagement

The City of Calgary sold six sites to Attainable Homes with the express purpose of developing homes for moderate-income Calgarians. These sites are intentionally close to employment centres, amenities, transportation corridors, public transit and established neighbourhoods. We immediately began engagement with community associations, residents, and city administration to help inform decision-making.

Evolution

Our program continues to grow and evolve. We now boast partnerships with 11 builders, nine financial institutions, seven law firms and two mortgage insurers. We are also proud to have to have Mayor Nenshi as our board member and our biggest champion. We value the role we play in the city of Calgary and take pride in having helped improve the life trajectories of over 850 people through achieving attainable homeownership.

What Drives Us

Why?

We improve life trajectories for Calgarians striving to achieve quality homeownership.

What?

We focus our work around three strategic pillars: resilient clients, quality housing models and operational excellence.

How?

People: We operate from a culture of trust, teamwork, purpose, and achievement.

Sustainability: Our projects reduce the overall environmental impact in such a way that operating efficiency and long-term value are maximized over the building’s lifecycle.

Financial Stability: We provide value to our stakeholders by operating efficiently and managing risk to maintain financial stability.

Innovation: We demonstrate leadership by adopting new approaches and best practices to achieve housing quality that meets the needs of communities and Calgarians now and in the future.

Diversification: We recognize the diverse needs of clients and seek alternative housing forms, tenures, and financial models.

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