1. George Penfold Regional Innovation Chair Selkirk College Healthy Housing Society, New Denver B.C., September 25, 2008

2.  Background on housing industry  Background on population  Background on housing stock.  Census based needs assessment  Roles in responding to needs?

3.  $78.6 M (72% of total) in Residential Building Permits RDCK, 2007  54% of Residential Permit Value in rural RDCK  Annual house maintenance - Estimate @ 1% = $63.5 M annually

4. Kootenay Development Region19972007 Total employed, all industries ('000)65.377.1 Construction3.69.2 Finance, insurance, real estate, leasing3.03.2 Business, building, support services1.62.4 Manufacturing7.68.4 Forestry, fishing, mining, oil and gas4.15.4

5.  RDCK (2008) Assessed Developed 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”

6.  “Boomer” generation retiring. Creates housing demand for retired, semi retired and “amenity migrants”  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

7.  Homeowners contribute to affordable inventory by “up scaling,” “home makeovers”  Average RDCK dwelling value escalated more (62%) than average household income (14%), and rental rates (8.35%) - 2001 to 2006

10. % of Total Population

15. Location (2006 Census) Avg. Dwelling Value 2006 Avg. Household Income 2005 Avg. Dwelling Value 2006/Avg. Household Income 2005 Arrow Lakes/Slocan$227,480$44,8045.1 Nelson Salmo$267,855$52,4245.1 RDCK$240,339$51,5744.7 BC$418,703$67,6756.2

16. Location (2006 Census) % Total Households Spending 30% or more Proportion Rental Arrow Lakes24.4%33.9% Nelson Salmo28.4%46.3% RDCK23.8%41.5% BC28.4%45.5%

18. Total Income (Tax filer 2005)Total Median Income Average Income Couple economic families13,945$57,197$66,043 Male lone-parent economic families480$48,918$50,667 Female lone-parent economic families1,775$27,918$34,581 Males 15 years and over not in economic families4,790$23,143$30,125 Females 15 years and over not in economic families4,625$18,744$23,775

19.  Following are possible categories of housing need: basic shelter (emergency, homeless) shelter/care subsidized rental housing market rental housing non-market housing market housing

20.  Different partners and roles depending on what housing is being considered:  Local and/or Regional Government  Provincial and Federal Government (BC Housing, CMHC)  Local and/or Regional NGO’s, CBT  Private Sector  Need to start thinking about, collaborating, and developing strategies for housing in Labour Market and Housing Market contexts