First Place for First-Time Buyers
Many Edmontonians dream of owning their own home but don’t have the financial resources to make it happen.
Young professionals, single parents and residents in middle income brackets can find it particularly tough to break into Edmonton’s housing market, which is one of the most expensive in Canada.
The City of Edmonton strives to be a place where people of all walks of life feel welcome and safe. Sustainable infrastructure – including affordable housing – is an important part of making the city livable for everyone.
First Place Program
The City’s First Place program teams with banks and builders to develop attractive townhouses on land declared surplus by school boards in conjunction with an extensive public information and engagement process.
20 school sites in 19 neighbourhoods were declared surplus in 2006 and have been designated for the First Place housing program. The proposed 2016 implentation schedule outlines where each site is in the development process.
These families benefit from the opportunity to call a place their own and get ahead financially, but the community at large benefits too. Owning a home keeps families rooted in neighbourhoods, something that's needed for communities to flourish over time.
The homes are market priced, with a five-year deferral on the land portion of the mortgage, making them more accessible to first time buyers.
A public engagement process precedes development, along with opportunities for community involvement in project design.
To determine if you can participate in the program, please review our eligibility requirements.
For More Information
First Place Homes
In Edmonton: 311