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

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

3. In CommuteOut Commute

4. In Commute Out Commute

5.  RDCK Residential Building Permits: - $78.6 M in 2007 - $102.5 M in 2008  RDCK Annual house maintenance - Estimate @ 1% = $63.5 M annually  RDCK Rural Development: - 54% of value and 49% of units in 2007 - 57% of value and 40% of units in 2008

6. Kootenay Development Region (East and West Kootenay) 199720072008 Total employed ('000)65.377.171.5 Construction3.69.28.0 Compared to: Manufacturing7.68.44.6 Forestry, fishing, mining, oil and gas4.15.46.9 Kootenay Development Region Construction - 14% of all firms, Dec 2007

7.  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”

8.  “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

9. YearPopulationHouseholds 200113,5175,516 200613,0715,499 201113,2415,813 201613,2316,072 202113,2456,168 Change 2006 – 2016+160+573

10. 20062016 Change 2006 - 2016 Population Age13,07113,231+160 0-172,5982,074-525 18-241,3611,067-294 25-647,0417,414+373 65+2,0712,676+605

11. 20012008 Total Parcels7,6447,741 Non Resident17.7%18.3%

12. Property TypeShare of Titles - 2008 Single Family Dwelling7% Acreage Dwelling14% Multi Family18% Agricultural30% Hotel/Resort28% Commercial33% Manufacturing74%

13. 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

14. Location (2006 Census) Total Rental Households 2006 (% of all Households) % Change 2001-2006 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%

15. 2006 CensusArea2006 Change 2001 - 2006 Average Dwelling ValueRDCK$240,33961.6% Castlegar Area$209,04942.4% BC$418,70382% Castlegar AreaManufactured$76,90050% 2001, 2008 AssessmentMulti$277,50055.4% Single Family$245,00092.8% Acreage$309,00099.8% Average Rental RateRDCK$6238.35% Castlegar Area$572-3.54%

16. AreaAverage Household Income Change 2001 - 2006 Castlegar Area$62,13217.8% RDCK$51,57413.8% BC$67,67518.0% Minimum wage$8.00/hour0%

17. Location (2006 Census) Avg. Dwelling Value 2006 Avg. Household Income 2005 Avg. Dwelling Value 2006/Avg. Household Income 2005 Castlegar Area$209,049$62,1323.4 City of Castlegar$197,863$62,9413.1 Trail$142,303$51,1552.8 Nelson$273,287$51,7175.3 CBT$238,823$57,5344.2 BC$418,703$67,6756.2

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

19. 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%

20. TotalRentalOwned Castlegar Area945330 (35.3%)615 (14.4%) City of Castlegar625265 (40.2%)360 (15.0%)

21. Castlegar Area One PersonLone-Parent Family Couple Family With Children Couple Family Without Children Number of Households1,4255051,2901,845 Affordability Challenged475100155150 % of Total Affordability Challenged50.3%10.6%16.4%15.9% % Household Type33.3%19.8%12.0%5.6%

22. 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

23. Single Person Households Couple Households, no Children Rental Households Castlegar65.3% of 88064.9% of 97038.2% of 655 E.A. I45.8% of 24063.8% of 34516% of 125 E.A. J63.3% of 30053.1% of 40536.6% of 150

24.  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)

25.  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 gpenfold@selkirk.ca http://selkirk.ca/research/ric/ housing-resources