Home ownership dream for one local family is about to come true

Rent Live Own will announce the winner of its Home for the Holidays campaign and will provide up to $12,000 in setup and down-payment support so the family can choose a home on the MLS or from the company's properties.

Rent Live Own is set to announce the winner of its Home for the Holidays promotion, which offers up to $12,000 to help a Sudbury-area family move into a home of their choosing. The company operates rent-to-own programs aimed at helping families transition from renting to ownership. The campaign drew many applicants who shared photos and videos about their situations. Rent Live Own says it has helped more than 100 families and has focused recent efforts on the Sudbury market. Key details: - The winner will be announced on Rent Live Own's Facebook page and is reported to receive up to $12,000 in setup and down-payment support. - The winning family may select any home listed on the MLS or choose from Rent Live Own properties, with the company covering deposits, legal fees, inspections and other setup costs as reported. - The promotion is described as aimed at dual-income Sudbury-area families with household incomes between $75,000 and $150,000 who need a financial boost to qualify for ownership. Eligibility conditions reported include no bankruptcy within the past four years and a consumer proposal paid within one year. - Rent Live Own offers rent-to-own arrangements with customized monthly payments and financial coaching, and the company says it has assisted over 100 families through its programs. - The company plans additional events, including a Family Day Foundations promotion running from Family Day until Easter Sunday, and intends to run similar events on a quarterly basis. Summary: The campaign provides a one-time financial award and program support intended to help a selected family secure home ownership through rent-to-own arrangements. The winner announcement will be made on the company's Facebook page; plans for further quarterly events are reported as ongoing.