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:
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
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.