Owen Hart Home Owners Program

Do you want to be a homeowner? 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. It also helps develop increased money management skills with an emphasis on homeownership issues.

How does it work?

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) for a combined total of $9,000, which they can put towards the down payment of a new home.

Who is eligible?

You are eligible for the program if you live on a low income and have successfully completed a Matched Savings Program for Adults or Youths in Calgary, either at Momentum or one of our Aspire Community Partner Agencies.

 

Owen Hart Home Owners Program Success


Video: CTV’s Inspired Albertan: Rocio Martinez speaks to CTV’s Darrel Janz about overcoming barriers as a new Canadian and a solo mother. Rocio was able to purchase a home and build a stable life for her family, thanks in large part to Momentum’s Owen Hart Home Owner’s Program.

 

More success stories:

It feels nice to have this space as my own, and I can decorate it how I want. Since I have purchased my home, I feel I can finally relax. – Finley

 

115+ homes have been purchased through the Owen Hart Home Owners program.

 

There have been 0 foreclosures reported by program participants to date.

 

“It’s everything for us. As a first-time home buyer, it’s a huge investment for us.” – Veeresham

 

If you’re ready to make your dream of becoming a homeowner a reality, contact us at 403-204-2661 or fill out the form below.

 

For more information about the Owen Hart Foundation, please visit their website.

Financial Partners