Alberta Down payment assistance program

[Navtaj Chandhoke]

Alberta Down payment assistance program

Program: PEAK Housing Initiatives (formerly PEAK Program)

Provider: Joint initiative between Trico Residential, the Government of Alberta Municipal Affairs, CMHC and Habitat for Humanity

Details: PEAK housing units are priced at market value and recipients must be able to qualify for and hold a mortgage. Once approved for the program, PEAK provides a second mortgage for either a partial or full down payment up to a maximum of 5 percent of the purchase price. PEAK has so far helped 111 individuals and families purchase a home of their own.

How to apply: http://www.peakinitiative.ca/

Program: Attainable Homes (specific to Calgary only)

Provider: The City of Calgary

How to apply: https://attainyourhome.com/

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