Truman & Liberty Housing Partnership: New Homes with $1,500 Down

Quick Answer

Truman has partnered with Liberty Housing Organization to make homeownership more attainable for Albertans by addressing the challenge of saving for an initial down payment. Through Liberty's innovative Home Ownership Program, qualified buyers can move into a new Truman home with as little as $1,500 down. This shared equity model helps families secure housing and is currently available for over 100 Truman homes across Calgary and Chestermere.

Truman Partners with Liberty Housing to Make Homeownership More Attainable

At Truman, we believe that everyone deserves a place to call home. For many Albertans, the biggest challenge to homeownership isn’t keeping up with monthly mortgage payments but saving for the initial down payment. That barrier can often put the dream of ownership out of reach.
To help bridge that gap, Truman is proud to announce an exclusive partnership with Liberty Housing Organization. Together, we are making homeownership more accessible through Liberty’s innovative Home Ownership Program, which allows qualified buyers to move into a new Truman home with as little as $1,500 down.

How the Program Works

Launched in 2015, Liberty’s Home Ownership Program uses a shared equity model to help families secure housing. Here’s how it works:

• Buyers contribute $1,500 toward their new home, while Liberty covers the remainder of the required five percent down payment.
• To qualify, buyers must have steady, permanent employment and be able to secure mortgage approval from an approved lender.
• The program is available for primary residences only, not investment properties.
• Homeowners can stay as long as they like. When they choose to sell, a small portion of the appreciation is shared with Liberty, ensuring the program can continue helping future buyers.

This model creates a sustainable cycle of affordability, helping families achieve homeownership today while keeping the door open for others tomorrow.

Truman Communities Included

Through this exclusive partnership, over 100 Truman homes are currently available across Calgary and Chestermere in some of our most desirable communities. These include Lockwood in Chelsea, The Mondrian in West District, Frontier in Kensington, and Skyview North in Skyview Ranch. Each community showcases Truman’s dedication to quality craftsmanship, thoughtful design, and long-term value.

Why This Matters

For Truman, this initiative is more than a program, it reflects our ongoing commitment to building better communities and making homeownership a reality for more Calgarians. By removing the biggest hurdle to ownership, we are creating opportunities for individuals and families to establish roots, build equity, and experience the pride of owning a Truman home.

Ready to Take the Next Step?

If you have permanent employment and are close to mortgage qualification, this program may be your pathway to homeownership with only $1,500 down.

To learn more about available homes through this initiative, visit our Sales Centres or connect with our Area Sales Managers today.

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Frequently Asked Questions

1 How does the Truman and Liberty Housing partnership make homeownership more affordable?

The partnership offers Liberty's Home Ownership Program, which allows qualified buyers to purchase a new Truman home with just $1,500 down. Liberty Housing covers the remaining portion of the required five percent down payment through a shared equity model, making homeownership more accessible.

2 What are the eligibility requirements for the Home Ownership Program?

To qualify for the program, buyers must have steady, permanent employment and be able to secure mortgage approval from an approved lender. Additionally, the program is exclusively for primary residences and not for investment properties.

3 What happens when I decide to sell my home purchased through this program?

When you choose to sell your home, a small portion of the appreciation in its value is shared with Liberty Housing. This shared equity model helps ensure the program remains sustainable and can continue to assist future homebuyers.

4 In which Truman communities are homes available through this partnership?

Over 100 Truman homes are currently available through this exclusive partnership across Calgary and Chestermere. These include communities such as Lockwood in Chelsea, The Mondrian in West District, Frontier in Kensington, and Skyview North in Skyview Ranch.