When people talk about purchasing their own home, one thing
that you often hear is location, location, location! The second thing is
affordability. That certainly was the case when firefighter and Options purchaser Jason Arias (who was recently
featured in the Globe and Mail – read the full article here)
was looking into buying a condo that he could afford, but was also close to his
daughter Emese’s school.
With only $30,000 saved for his down payment, Jason had his
doubts about becoming a homeowner. It seemed like it wasn’t possible, but
thanks to the $42,000 Options down
payment support (something that he doesn’t have to pay back until he sells
his home), his dream became a reality! Jason is now a proud owner of a two-bedroom
unit at a building called Cranbrooke Village, which is conveniently located
near his daughter’s school.
It’s been exciting being part of Jason’s home ownership
journey! There is often a misconception that affordable housing means
government subsidized housing. That is not the case. Jason has enjoyed
decorating and designing his home. Everything from the flooring to the
furnishing has a touch of his personality.
Other cities such as Vancouver have been inspired by
Options’ Affordable Housing Model and is using a similar model as a solution to
their struggles with housing affordability. To read the entire article about
Jason, click here.
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