AHC

What AHC does

Attainable Homes Calgary (AHC) is a non-profit organization and wholly owned subsidiary of The City of Calgary, founded in November 2009 to address Calgary's housing affordability crisis for moderate-income working households. The organization operates two programs: the Attainable Homeownership Program, which sells homes at 30-50% below market value with a $2,000 down payment requirement and a permanent-affordability mechanism whereby owners resell back to AHC at the original purchase price, and the Attainable Rental Program, launched in 2024 to provide below-market new-construction rental housing.

AHC's core operating model combines low-cost municipal land (secured via partnerships with the City of Calgary and Calgary Municipal Land Corporation) with contracted private builders — including Hopewell Residential, ATCO (for modular construction), and Avalon Master Builder — to deliver townhome and apartment developments. Major projects include The Heights (230 permanently affordable townhomes near International Avenue, with first move-ins in June 2026), 1010 Downtown West (downtown rental apartments starting at $1,290/month), 605 Studio West (84 modular apartments), REACH Martindale (1-5 bedroom townhomes starting at $144,580), Legacy Commons, and the upcoming Radisson Heights program.

AHC uses a sales-led go-to-market model with a small internal sales team guiding applicants from registration through eligibility determination, home selection, and move-in. Demand generation relies on content marketing, a structured referral pipeline through Calgary Housing, social services, employer programs, and a $500 healthcare-worker referral incentive, supplemented by a mortgage partnership with Scotiabank. The organization has 1-10 employees and does not publicly disclose revenue, operating with a board of directors that includes Mayor Jyoti Gondek.

Name

AHC

Legal name

Attainable Homes Calgary

Website

https://attainyourhome.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Attainable Homes Calgary is a non-profit, City of Calgary-owned developer that provides permanently affordable homeownership and below-market rental housing to moderate-income Calgarians through a portfolio of townhome and apartment developments.

Ownership category

akta.pro rank

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Home Sales Revenue: Revenue generated from selling attainable homes to qualified buyers at below-market prices. The organization recovers costs and reinvests proceeds into developing more affordable housing units.
2. Rental Income: Revenue from below-market rental units including 1010 Downtown West, 605 Studio West, and other rental properties. Provides quality housing at rates below market value.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

AHC is a non-profit organization that develops and sells below-market attainable homes and rents below-market apartments to moderate-income Calgarians. It offers a permanently affordable homeownership model where buyers purchase at below-market prices with a $2,000 down payment, build equity as they pay down mortgages, and sell back to AHC at the original purchase price to preserve affordability for future buyers. It also operates a below-market rental program in new construction urban properties.

Product overview

Attainable Homes Calgary (AHC) is a non-profit organization wholly owned by The City of Calgary that provides two core programs: the Attainable Homeownership Program (a permanently affordable homeownership model where homes are sold below market value and can be sold back to AHC at original price to preserve affordability) and the Attainable Rental Program (below-market rental housing in new construction buildings). The portfolio includes multiple housing developments: The Heights (230 permanently affordable townhomes), 1010 Downtown West (downtown rental apartments), 605 Studio West (modular studio rentals), REACH Martindale (townhomes with 1-5 bedroom options), Legacy Commons (completed townhome community), and the upcoming Radisson Heights program launching in 2025.

Differentiator

Problem solved

Functional benefit

Brands

• Attainable Homeownership Program: Permanently affordable homeownership program offering homes at below-market prices with buyers able to purchase, build equity, and sell back to AHC at original price for next qualified buyer.
• Attainable Rental Program

Products and services

• Attainable Homeownership Program A permanently affordable, non-market homeownership program offering homes at below-market prices for moderate-income Calgarians. Buyers purchase at prices significantly below market value, build equity as they pay down their mortgage, and can sell back to AHC at the original purchase price to preserve affordability for future buyers.
• Attainable Rental Program Below-market rental housing program with lower upfront costs and annual lease renewal, providing quality new construction in secure, well-maintained properties in urban Calgary locations central to local amenities.
• The Heights The first community in AHC's permanently affordable homeownership program, featuring 230 townhomes built by Hopewell Residential in partnership with Calgary Municipal Land Corporation, with each home remaining permanently affordable for future homeowners.
• 1010 Downtown West Apartment rental development in downtown Calgary featuring one-bedroom layouts with stainless steel appliances, in-suite washer and dryer, quartz countertops, LVP flooring, and window coverings, with units starting at $1,290/month.
• 605 Studio West Modular studio rental development built in partnership with ATCO, featuring 84 apartments for students, retirees, and young professionals using prefabricated modular construction for faster build times and cost efficiency.
• REACH Martindale Townhome community in Martindale offering 1-5 bedroom options with floorplans including optional basement developments, private fenced yards, and solar panels, with homes starting as low as $144,580 (including GST).
• Legacy Commons Townhome community that helped 20 families achieve homeownership, with 2-3 bedroom townhomes featuring 2-car tandem garages and optional flex rooms.
• Radisson Heights Upcoming homeownership program in the Albert Park/Radisson Heights community in southeast Calgary, a residential neighborhood established in 1910 with proximity to Bow River and Deerfoot Trail.

Quantifiable outcome

• 230 families will achieve permanently affordable homeownership at The Heights
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• The City of CalgarycoreStrategic or Co-development PartnerAHC is a wholly owned subsidiary of The City of Calgary, created to reduce non-market housing shortage. The City provides development-ready land and strategic direction. Mayor Jyoti Gondek serves on the board of directors.
• Calgary Municipal Land Corporation (CMLC)coreStrategic or Co-development PartnerCMLC makes affordable land available for AHC developments and shares the vision of expanding homeownership opportunities for moderate-income Calgarians. Partnership enabled The Heights development.
• Hopewell ResidentialcoreStrategic or Co-development PartnerBuilder for The Heights townhome development. Built 230 quality townhomes with modern finishes, thoughtful layouts, and attention to quality matching market housing standards.
• Calgary HousingcoreStrategic or Co-development PartnerPartnership provides education and mentorship for those looking to take the leap into homeownership. Calgary Housing refers eligible candidates to AHC's programs.
• Avalon Master BuilderminorStrategic or Co-development PartnerBuilder partner for Zen Riverstone development in Cranston. Provided 1-3 bedroom homeownership options with quality finishes.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Calgary Housing Company: Also a City of Calgary-owned affordable housing entity providing subsidized rental housing to low- and moderate-income Calgarians. Most directly comparable peer: shares municipal ownership, Calgary geography, and affordable housing mission, though focused on rentals versus AHC's ownership model.
• Habitat for Humanity Calgary: Non-profit affordable homeownership organization operating in the same Calgary market, building homes for low-income families using volunteer labor and below-market mortgages. Directly comparable on affordable ownership model, though uses different subsidy mechanisms (sweat equity, donations) rather than municipal land.

Broad incumbents

• Habitat for Humanity Canada: National non-profit building affordable homeownership across Canada. Operates at much larger scale than AHC across multiple provinces, but pursues the same mission of affordable homeownership for working families—useful benchmark for organizational growth.
• Toronto Community Housing Corporation: Largest social housing provider in Canada, owned by the City of Toronto, managing ~58,000 units. Comparable as a municipal-owned affordable housing provider, though at vastly greater scale and focused on subsidized rentals versus AHC's ownership model.
• BC Housing: Provincial Crown corporation managing affordable housing across British Columbia. Comparable as a government-affiliated affordable housing developer/manager, useful for understanding how larger housing authorities structure municipal partnerships and financing.
• Canada Mortgage and Housing Corporation (CMHC): Canada's federal housing agency providing mortgage insurance, funding, and research for housing affordability. Sets national policy framework within which AHC operates; comparable in mission but operates at national policy/funding level rather than as a developer.

Regional players

• Vancouver Affordable Housing Agency: Municipal affordable housing entity for the City of Vancouver focused on increasing affordable housing supply. Comparable in structure (city-owned, focused on affordability) but serves a different, higher-cost Canadian market with different regulatory context.

Emerging players

• YMCA Calgary (Housing Programs): Non-profit operating transitional and affordable housing in Calgary. Partial overlap—shares geography and affordable housing mission but focuses on transitional/supportive housing rather than permanent ownership.

Peers

• Homeward Trust Edmonton:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/attainablehomes
• Facebookfacebook.com/AttainableHomesCalgary
• LinkedInlinkedin.com/company/attainable-homes-calgary-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AHC