1. Affordable Housing Development Programs & Resources Stephanie Allen Senior Project Officer Tumbler Ridge October 10, 2013 2013 Northeast British Columbia Community Coal & Energy Forum

2. Housing Continuum

3. BC Housing - Development Services Deliver housing units through funding programs including Community Partnership Initiative program Work with non profit housing providers, other government entities and private sector Provide interim construction loan and long-term take-out/mortgage financing Develop design guidelines & construction standards

4. Builder/ Architect Community Program Delivery Program Frameworks Project Selection Development/Construction Resources Support/Monitoring/Oversight Project Delivery Understand Local Housing Needs Connection to Community & Services Lead the Development Process Ongoing Operations Non-profit Housing Development Model Non Profit Society Development Consultant Development Consultant BCNPHA BC Housing Development Sector Development Sector

5. Health Authorities Personal Care Health Authorities Personal Care Provincial Government Facilitation/Coordination, Financing and Rental Assistance Provincial Government Facilitation/Coordination, Financing and Rental Assistance Community Based Housing Delivery Federal Government Capital Grants and Project Funding Federal Government Capital Grants and Project Funding Non Profit and Private Sector Design, Build, Own and Provide Equity Non Profit and Private Sector Design, Build, Own and Provide Equity Housing Partnership Model Local Government Zoning and Planning Tools, Housing Grants, Land Donations and Incentive Programs Local Government Zoning and Planning Tools, Housing Grants, Land Donations and Incentive Programs

6. BC Housing and Peace River Region Vancouver Olympic Legacy program – Surerus Place, Chetwynd Transitional Housing - Cedar Inn, Fort St. John Seniors Rental Housing Initiative – Fort St. John, Tumbler Ridge & Taylor Several CPI projects in the proposal stage Current Need and Demand in the Peace Region

7. * All financing subject to review and approval of BC Housing standard loan terms and conditions. Community Partnership Initiatives (CPI) Construction Financing* Up to 100% interim financing during project development and construction; Treasury Rate – currently less than 1.5%; No requirement for loan insurance; Nominal 1% loan fee. Take-Out Financing* Up to 100% financing; Competitive bulk rate arranged by BC Housing tender process; CMHC loan insurance @ $75/unit; Ability to offer 35 year amortization on new construction.

8. * All financing subject to review and approval of BC Housing standard loan terms and conditions. Opportunities for Worker Housing Industry Leverage BC Housing financing and development support through partnerships with Non-profit housing providers to build a mix of workforce and affordable housing Create community legacy opportunities Municipalities Partner with NDIT to create a Revitalization Tax Exemption Bylaw providing market/non-profit housing developers with incentives Enter into MOU with BC Housing to establish affordable housing framework for design, approvals, and preconstruction work required on municipal sites

9. Q & A Stephanie Allen Senior Project Officer