1. George Penfold Regional Innovation Chair Selkirk College BC Rural Network, Revelstoke, B.C. March 25, 2009

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

3.  Census data 2001-2006, also used for CBT State of the Basin Report  2001, 2008 Assessment Role analysis and comparison  Inventory of Social Housing Assets  Proposed sample survey with Real Estate Foundation

4.  Approximately $377 M (76% of total) in Residential Building Permits 2007, $399 M (89% of total) 2008 in KDR  Approximately 46% of Total Residential Permit Value in KDR 2007, 44% in 2008 in rural areas  13,150 new units in KDR over last 10 years, 54% in rural areas  Annual Maintenance - Estimate $18.4 B @ 1% = $184 M annually

5. Kootenay Development Region (East and West Kootenay) 199720072008 Total employed ('000)65.377.171.5 Construction3.69.28.0 Finance, insurance, real estate, leasing3.03.22.3 Business, building, support services1.62.41.6 Manufacturing7.68.44.6 Forestry, fishing, mining, oil and gas4.15.46.9 Kootenay Economic Region – construction, 14% of all firms, Dec 2005

6.  “Boomer” generation retiring. Creates housing demand for retired, semi retired “amenity migrants”  CBT Labour Force projected needs over 15,800 new and replacement workers 2006 to 2011  Competing demands generate increasing prices if supply is not adequate  Average CBT Dwelling value (Census) increased by 68.7%, more than average household income (16.3%), rental rates (approx. 8 %), and minimum wage (0%) - 2001 to 2006  Rental Households (21.4% of total) declined 9%, 2001 - 2006

7. Year Population Kootenay Development Region Households Kootenay Development Region 1996 152,758 60,741 2001 151,487 61,468 2006 149,769 61,610 2011 150,979 66,246 2016 152,326 69,154 2021 155,483 71,434 In 2006, 38% lived in rural areas

8. PopulationYearCBT 0-17 yrs2006 19.86% (29,744) 201616.41% (24,997) 18-24 yrs2006 10.66% 20167.85% 25-64 yrs2006 54.62% 201656.49% 65+ yrs2006 14.86% (22,255) 201619.25% (29,323)

9. Net International Net Interprovincial Net Intraprovincial BC42,75715,520 RDKB523101 RDCK27142(236) RDEK22(177)(172)

10. 20012008 Total Private Parcels109,131117,400 Non Resident21.8%27.8%

12. Dwelling TypeCBT BoundaryBC Total occupied dwellings 62,810 1,643,150 Single-detached houses 72.4% 49.2% Multi Family 5.9% 10% Apartments 11.5% 38% Other dwellings (Mobile Homes) 10.3% 2.8% Individuals/Families in supportive housing (units) 3,200

13. Location (2006 Census) Avg. Dwelling Value 2006 Avg. Household Income 2005 Avg. Dwelling Value 2006/ Avg. Household Income 2005 RDCK$240,339$51,5744.7 RDKB$191,646$55,0603.5 RDEK$259,738$64,1164.1 CBT$238,823$57,5344.2 BC$418,703$67,6756.2

14. Location (2006 Census) % Total Households Spending 30% or more % Owner Households Spending 30% or more % Rental Households Spending 30% or more Salmo Area31.3%27.7%42.9% Kaslo Area30.0%25.8%43.6% Nelson Area27.9%21.1%47.3% CBT21.1%16.0%40.0% BC28.4%22.1%42.9%

15. (2006 Census) One person Non-Family Lone-parent family Couple Family With children Couple Family Without children Total 30% spending6,0651,8352,0302,345 % of 30% spending46.4%14.0%15.5%17.9% Total Household Type18,4415,80515,03021,875 % of Household Type32.9%31.6%13.5%10.7%

16. Total Income (Tax filer 2005) Median Income Average Income Pre Tax Low Income Couple economic families $57,197$66,0438.1 % Male lone-parent economic families $48,918$50,66719.8 % Female lone-parent economic families $27,918$34,58138.7 % Males 15 years and over not in economic families $23,143$30,12533.8 % Females 15 years and over not in economic families $18,744$23,77534.4 %

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

18.  Different partners and roles depending on what is being considered: Local and/or Regional Government Provincial and Federal Government (BC Housing, CMHC) Local and/or Regional NGO’s CBT Private Sector  Basic Question: who will invest in, and manage affordable housing development?