Affordable Housing Opportunity
Applications for the rent-to-own home that is planned to begin construction in the spring of 2025 have now closed. Feel free to examine the eligibility requirements to prepare for any future homes to be built in St. Paul. We anticipate building one more single-family home and possibly two duplexes in the next few years.
Announcements will be made when applications open for any future homes.
Eligibility Requirements
1. Applicants will be required to participate in a home ownership training webinar (date to be determined).
2. Applicants must currently reside in the St Paul, AB region.
3. Applicants must be able to achieve mortgage payments of $1,250.00 per month plus taxes and utilities.
4. Applicants must be willing to assume responsibility for maintaining the property to an acceptable standard. (subject to inspection)
5. During the rental period, pets will not be allowed.
6. Applicants will be required to contribute 500 hours of community service.
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Applicants must agree to the following:
- Interviews with SPACH Society members and their agents (ie. financial advisors)
- Rental reference checks
- Personal reference checks
- Financial means assessment
- Disclosure of the names and ages of family members who will occupy the home
- Submission of any and all plans to guarantee their success in this program, personal, social and financial
- Sharing information regarding previous home ownership experience
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For more information email:
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Applications for selection for the affordable rent-to-own home will be available at:
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St Paul Regional FCSS Office, 5002 - 51 Ave, St Paul, AB
Servus Credit Union 4738 - 50 Ave, St Paul, AB
Musée St Paul Museum 5209 - 50 Ave, St Paul, AB
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if you'd like to view the application form,
click on the button below
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