We are a not-for-profit corporation with majority control held by The Town of The Blue Mountains
In January 2014, The Town of The Blue Mountains established a not-for-profit corporation to augment the supply of healthy and sustainable ownership housing units in The Blue Mountains, with the goal of providing housing to moderate income working individuals and families locked out of the housing market. The Blue Mountains Attainable Housing Corporation (BMAHC) was created to expand rental and home ownership opportunities and create choice in the Blue Mountains' market so that more working families and individuals can live where they work and retirees can remain in the community in which they have been working.
Our board is comprised of seven directors, two of whom are sitting members of council; the remaining directors are committed volunteers each bringing their own expertise, experience and passion to address the affordability of housing to foster a sustainable community. In March 2020, the Board hired the corporation's first employee, Sharon McCormick, who joined BMAHC as Executive Director.
BMAHC is uniquely positioned to act as an advocate, catalyst and provider of attainable housing programs, both rented and owned. We will function as a principal and as an intermediary between the different levels of government, residents, the business community and developers to build, own and operate attainable housing.
BMAHC's purpose is to facilitate the supply of suitable, adequate, attainable, and sustainable ownership and rental units in The Town of The Blue Mountains that are accessible to a larger portion of the population, in a financially prudent manner that supports economic development and workforce development. We do this by:
- Providing financial assistance for the purchase of a home
- Providing grants for the creation of secondary suites
- Developing attainable housing for rent or ownership for the benefit of future residents
Read more about our current plan and priorities in our BMAHC 2019 Conceptual Business Model