Do you want to own your own home, but feel your income and expenses get in the way? The Owen Hart Home Owners program has helped more than 100 families purchase their own home.
The Owen Hart Home Owners Program is a free program that offers people living in low-income situations the opportunity to save for a down payment for a home and helps develop increased money management skills with emphasis on home ownership issues.
Participants will attend regular workshops, peer group meetings and one-on-one consultation sessions to better understand their needs as a homeowner, and how to select their perfect home. During this time, participants will deposit between $100 – $250 per month for one year, saving $3,000. After one year, savings are matched at a 2:1 ratio ($2 for every $1 saved), which for a combined total of $9,000, which they can put towards the down payment of a new home.
“There’s no way I could have done it on my own. Since I’ve owned the condo, I’ve still been able to save a small amount. I’ve got in the habit of doing it at Momentum, and it’s carried on to my daily life.”
– Sabrina Rouselle, OHHO Participant and Home Owner
You are eligible for the program if you have successfully completed a Calgary Matched-Savings Program (examples include Youth Fair Gains, Savings Circles, Fair Gains and Family Saves) and live on a low income. Click here for more information on eligibility.
If you’re ready to make your dream of owning a home a reality, contact us today at 403-204-2661.
Follow this link for more information, and the application forms.