George Penfold Regional Innovation Chair Selkirk College City of Castlegar, May 19, 2009

 Housing and Labour Markets  Background on housing industry  Background on population and housing  Census based needs assessment  Roles in responding to needs

In CommuteOut Commute

In Commute Out Commute

 RDCK Residential Building Permits: - $78.6 M in $102.5 M in 2008  RDCK Annual house maintenance - 1% = $63.5 M annually  RDCK Rural Development: - 54% of value and 49% of units in % of value and 40% of units in 2008

Kootenay Development Region (East and West Kootenay) Total employed ('000) Construction Compared to: Manufacturing Forestry, fishing, mining, oil and gas Kootenay Development Region Construction - 14% of all firms, Dec 2007

 RDCK (2008) Assessed Residential Property Value - $6.35 B ($113,400 per person)  Largest “equity” pool for many households  Big contributor to basic quality of life, comfort and to “status” for many  Homeowners contribute to lack of affordable inventory by “up scaling,” “home makeovers”

 “Boomer” generation retiring. Creates housing demand for retired, semi retired “amenity migrants”  Recreational “non-resident” demand  West Kootenay Labour Force projected needs - 7,100 new and replacement workers 2006 to 2011  Competing demands generate increasing prices if supply is not adequate

YearPopulationHouseholds ,5175, ,0715, ,2415, ,2316, ,2456,168 Change 2006 –

Change Population Age13,07113, ,5982, ,3611, ,0417, ,0712,

Total Parcels7,6447,741 Non Resident17.7%18.3%

Property TypeShare of Titles Single Family Dwelling7% Acreage Dwelling14% Multi Family18% Agricultural30% Hotel/Resort28% Commercial33% Manufacturing74%

Dwelling TypeCastlegar AreaBC Total private dwellings occupied by usual residents5,2451,643,150 Single-detached houses 78.1%49.2% Multi Family 5.0%10% Apartments7.7%38% Other dwellings (Mobile)9.2%2.8% Individuals/Families in supportive housing346

Location (2006 Census) Total Rental Households 2006 (% of all Households) % Change Castlegar Area935 (17.8%)-13.0% City of Castlegar660 (20.5%)-11.4% Trail985 (28.0%)-2.0% Nelson 1,540 (34.8% )-1.3% CBT Area14,420 (21.4)-9.0% BC493,995 (30%)-3.6%

2006 CensusArea2006 Change Average Dwelling ValueRDCK$240, % Castlegar Area$209, % BC$418,70382% Castlegar AreaManufactured$76,90050% 2001, 2008 AssessmentMulti$277, % Single Family$245, % Acreage$309, % Average Rental RateRDCK$ % Castlegar Area$ %

AreaAverage Household Income Change Castlegar Area$62, % RDCK$51, % BC$67, % Minimum wage$8.00/hour0%

Location (2006 Census) Avg. Dwelling Value 2006 Avg. Household Income 2005 Avg. Dwelling Value 2006/Avg. Household Income 2005 Castlegar Area$209,049$62, City of Castlegar$197,863$62, Trail$142,303$51, Nelson$273,287$51, CBT$238,823$57, BC$418,703$67,6756.2

Census Definition: households spending 30% or more of household income on major payments (rent or mortgage) for shelter.

Location (2006 Census) % Total Households Spending 30% or more Proportion Rental of Total Castlegar Area18.1%35.3% City of Castlegar20.4%42.4% Trail Area17.0%40.1% Nelson Area27.9%48.6% CBT21.1%40.5% BC28.4%45.5%

TotalRentalOwned Castlegar Area (35.3%)615 (14.4%) City of Castlegar (40.2%)360 (15.0%)

Castlegar Area One PersonLone-Parent Family Couple Family With Children Couple Family Without Children Number of Households1, ,2901,845 Affordability Challenged % of Total Affordability Challenged50.3%10.6%16.4%15.9% % Household Type33.3%19.8%12.0%5.6%

Total Income (Tax filer 2005) Median Income Average Income Couples$72,062$82,517 Male lone-parents$51,853$53,931 Female lone-parents$31,784$38,881 Males 15 years and over not in economic families$26,361$29,726 Females 15 years and over not in economic families$18,492$20,694

Single Person Households Couple Households, no Children Rental Households Castlegar65.3% of % of % of 655 E.A. I45.8% of % of 34516% of 125 E.A. J63.3% of % of % of 150

 Following are possible categories of housing need: Basic shelter (emergency, homeless) Transition/care Subsidized rental housing Market rental housing Non-market housing Market housing (economic development) Live work housing (economic development)

 Different partners and roles depending on what is being considered: Local and/or Regional Government BC Housing, CMHC Local and/or Regional NGO’s/CBT Private Sector  Basic Question: who will invest in, and manage housing development housing-resources