1. George Penfold Regional Innovation Chair Selkirk College LCCDT, Trail B.C., September24, 2008

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

3.  $183 M (70% of total) in Residential Building Permits RD Kootenay Boundary 2005 - 2007  53% of Total Residential Permit Value in rural RD Kootenay Boundary  $72 M in LCCDT Municipal 2005 – 2007  Annual house maintenance LCCDT Area - Estimate $1.56B @ 1% = $15.6 M annually

4. Kootenay Development Region (East and West Kootenay) 19972007 Total employed, all industries ('000)65.377.1 Construction3.69.2 Finance, insurance, real estate, leasing3.03.2 Business, building, support services1.62.4 Compared to: Manufacturing7.68.4 Forestry, fishing, mining, oil and gas4.15.4 RDKB Construction - 12% of all firms, Dec 2007

5.  Assessed Developed Residential Property Value in LCCDT Area (2008) - $1.56 B or approximately $80,000 per person  Largest “equity” base 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,” “gentrifying”, “home makeovers”

6.  “Boomer” generation retiring. Creates housing demand for retired, semi retired “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  Average RDKB Occupied Dwelling value escalated more (51%) than average household income (14%), and rental rates (7.39%) - 2001 to 2006

9. 20012008 Total Parcels10,73711,042 Non Resident9.5%13.8%

10. Property TypeShare of Titles SFD8% Acreage Dwelling8% Multi Family19% Agricultural3% Hotel/Resort24% Commercial25% Manufacturing55%

11. In CommuteOut Commute

12. In CommuteOut Commute

13. Dwelling TypeLCCDT AreaBC Total private dwellings occupied by usual residents (17% Rural) 8,2401,643,150 Single-detached houses 80.3%49.2% Multi Family 4.2%10% Apartments 11.9%38% Other dwellings (Mobile) 3.6%2.8% Individuals/Families in supportive housing 358

14. Location (2006 Census) Total Rental Households 2006 % Change 2001-2006 LCCDT Area 1,610 (19.7% of total Dwellings)-5.8% Castlegar Area935-13.0% Nelson/Salmo2,295-2.5% CBT14,420-9.0% BC 493,995 (30% of Total Dwellings)-3.6%

15. Location (2006 Census) Avg. Dwelling Value 2006 Avg. Household Income 2005 Avg. Dwelling Value 2006/Avg. Household Income 2005 LCCDT Area$169,976$59,5602.9 Nelson/Salmo$267,855$52,4245.1 Castlegar Area$209,049$62,1323.4 CBT$238,823$57,5344.2 BC$418,703$67,6756.2

16. Location (LHA - 2006 Census) % Total Households Spending 30% or more Proportion Rental of Total LCCDT Area17.0% 46.2% Nelson/Salmo28.4%46.3% Castlegar Area18.1%34.9% CBT21.1%40.5% BC28.4%45.5%

17. One person Non- Family Lone- parent family Couple Family Without children Couple Family With children Two or more person Non-Family Other family 7352351951654515 52.7%16.8%14.0%11.8%3.2%1.1% TotalRentalOwned 1,395645750

18. Total Income (Tax filer 2005)Total Median Income Average Income Pre Tax Low Income Couple economic families 7,945$63,782$70,176 6.2% Male lone-parent economic families 305$45,377$47,926 14.8% Female lone-parent economic families 780$27,565$33,720 34.0% Males 15 years and over not in economic families 2,395$27,751$32,400 26.3% Females 15 years and over not in economic families 2,590$20,086$26,540 28.4%

19. % of population 0-64 receiving IA % of children 0-18 receiving IA % of Total Seniors Receiving Maximum GIS LCCDT 5.00%4.32%1.03% Castlegar area 3.82%3.40%1.75% Nelson area 6.09%5.87%2.29% Basin* 3.93%3.52%1.59% BC 3.48%3.14%3.48%

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

21.  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