Report Council Presentation January 27, 2020 Photo: Alicia - - PowerPoint PPT Presentation

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Report Council Presentation January 27, 2020 Photo: Alicia - - PowerPoint PPT Presentation

Dec 08, 2023 186 likes •459 views

Town of Oliver Housing Needs Report Council Presentation January 27, 2020 Photo: Alicia Leclercq Background Photo: Alicia Leclercq Housing Needs Reports New provincial requirement (April 2019) Must be updated every 5-years

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SLIDE 1

Town of Oliver Housing Needs Report

Council Presentation January 27, 2020

Photo: Alicia Leclercq

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SLIDE 2

Background

Photo: Alicia Leclercq

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SLIDE 3

Housing Needs Reports

  • New provincial requirement (April 2019)
  • Must be updated every 5-years

– Monitor progress and evaluate actions

  • Help local governments and the B.C. government better

understand and respond to housing needs

  • Useful information for businesses, developers, service

providers, and citizens

  • Report on “Core Housing Need”
  • Desktop research (Census, BC Assessment, BC Stats)
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SLIDE 4

“Core Housing Need”

3 questions determine if a household is in core housing need:

Adequacy

  • Does the dwelling require major repairs?

Suitability

  • Is the dwelling overcrowded?

Affordability

  • Can the household afford acceptable alternative housing?
  • Affordable means spending less than 30% of total income
  • n housing
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SLIDE 5

Population and Projections

Photo: Alicia Leclercq

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SLIDE 6

Population: Projected population

Projected population increase of 430 people by 2024 600 people by 2027 Above 2016 population

3743 4285 4224 4370 4824 4928 5214 5529 13% 14%

  • 1%

3% 10% 2% 6% 6%

  • 10%

0% 10% 20% 30% 40% 50% 1000 2000 3000 4000 5000 6000 1991 1996 2001 2006 2011 2016 2021 2026

Growth Rate Population

Census Year

Oliver Historical and Anticipated Population and Growth Rates, 1991 - 2026

Population Growth rate

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SLIDE 7

Population: Projected population by age group

200 400 600 800 1000 1200 1400 1600 1800 2000 2200

0-14 15-19 20-24 25-64 65-84 85+

Number of People Age Groups

Oliver, Anticipated Population Change, By Age Group 2016-2027

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

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SLIDE 8

Income and Economy

Photo: Alicia Leclercq

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SLIDE 9

Income: Renter and Owner Households

Renter Renter Renter Owner Owner Owner

$- $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $55,000 $60,000 $65,000 $70,000 $75,000 $80,000 2006 2011 2016

Average Income Owner and Renter Households, 2006-2016

Renter Owner Overall Average

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SLIDE 10

Income: Household income distribution

25 190 235 325 240 195 165 185 125 95 260 75 35

50 100 150 200 250 300 350 Under $10,000 $10,000 to $19,999 $20,000 to $29,999 $30,000 to $39,999 $40,000 to $49,999 $50,000 to $59,999 $60,000 to $69,999 $70,000 to $79,999 $80,000 to $89,999 $90,000 to $99,999 $100,000 to $149,000 $150,000 to $199,999 $200,000 and above

Oliver Household Income, 2016

2016

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SLIDE 11

Income: Number of workers

  • 6%
  • 4%
  • 4%
  • 3%
  • 3%
  • 3%
  • 1%

0% 0% 1% 1% 1% 2% 2% 2% 3% 3% 3% 7%

  • 8%
  • 6%
  • 4%
  • 2%

0% 2% 4% 6% 8%

Educational services Health care and social assistance Information and cultural industries Administrative and support, waste management and… Public administration Other services (except public administration) Utilities Accommodation and food services Arts, entertainment and recreation Professional, scientific and technical services Wholesale trade Mining, quarrying, and oil and gas extraction Finance and insurance Real estate and rental and leasing Retail trade Construction Manufacturing Transportation and warehousing Agriculture, forestry, fishing and hunting

Change in Number of Workers, 2011-2016

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SLIDE 12

Housing

Photo: Alicia Leclercq

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SLIDE 13

Housing: Structural type

10 15 65 80 245 275 1475

100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 1500

Other single-attached house Apartment/flat in a duplex Semi-detached or double house Movable dwelling Row house Apartment ( < 5 storey building) Single-detached house

Oliver Housing Units By Structural Type, 2016

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SLIDE 14

Housing: Number of bedrooms

160 855 685 450 100 200 300 400 500 600 700 800 900 1 Bedroom 2 Bedrooms 3 Bedrooms 4+ Bedrooms

Oliver Housing Units By Size, 2016

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SLIDE 15

Housing: Date built (as of 2016)

480 605 260 410 340 65

100 200 300 400 500 600

pre-1960 1961-80 1981-90 1991-00 2001-10 2011-16

Oliver Housing Units by Date Built, 2016

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SLIDE 16

Housing: Sales prices (2019)

  • Single family:
  • 2 bedroom - $402,500
  • 3 bedroom – $425,000
  • Row housing (townhomes)
  • 1 bedroom - $117,500
  • 2 bedroom - $235,000
  • 3 bedroom - $ 334,302
  • Rental units*
  • 1 bedroom - $840 /month
  • 2 bedroom - $1250 /month
  • 3 bedroom - $1370 /month
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SLIDE 17

Housing: Who can afford to buy here?

  • Young family wants to buy in Oliver:

$400,000 for a median 2 bedroom house:

  • $1,800 in monthly mortgage payments

+

  • $400 in total extra costs (tax, utilities, insurance)

=

  • $2,200 in monthly housing costs

To afford this, they should earn $88,000 /year Median household income in Oliver is $55,000 /year

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SLIDE 18

Key Findings

Photo: Alicia Leclercq

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SLIDE 19

Key Findings: Core Housing Need

An estimated 215 households (11%) are currently in core housing need

  • Renter households are much more likely to be in core housing

need than owners

An estimated 90 households (4%) are currently in “extreme” core housing need

  • Needing to spend 50% or more of total income on acceptable

housing

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SLIDE 20

Key Findings: Core Housing Need

Percentage of households in Core Housing Need has risen slightly since 2006 Lower in Oliver (10%) than across BC (15%)

91.5% 91.4% 90.0% 3.3% 5.8% 5.8% 5.1% 2.8% 4.2% 80% 82% 84% 86% 88% 90% 92% 94% 96% 98% 100% 2006 2011 2016

Oliver, Core Housing Need, 2006 - 2016

extreme core housing need core housing need Not in core housing need

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Key Findings: Core Housing Need:

By 2025, an estimated 235 households will be in core housing need This doesn’t necessarily mean 235 new units are required Reducing core housing need:

Improve dwelling conditions Reduce relative cost

  • f housing
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Key Findings: Homeless and Provisionally Housed:

An estimated 50 youth are provisionally housed

– No security of tenure, temporarily housed, staying with friends, family, or sometimes strangers

Another 32-40 people are homeless or living in trailers

  • r vehicles
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SLIDE 23

Key Findings: Basic Housing Demand

By 2025:

  • An estimated 187 new units containing at least 500 bedrooms
  • The majority of these need to be rental units
  • Number of renter householders grew by 22% from 2006-2016
  • Progress is being made towards these targets (over 100 new units

approved since 2016)

  • 8

26 29 27 22 49 30 8

  • 10
  • 5

5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80

1 bedroom 2 bedroom 3 bedroom 4+ bedroom

Oliver, Number of Additional Housing Units Required by 2025

Owner Renter

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SLIDE 24

Key Findings: Age-Friendly Housing

Nearly half of Oliver residents will be aged 65+ within the next 10-years How can housing promote the physical and social well- being of seniors?

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Summary

  • Core housing need remains a

challenge

  • Homelessness and provisional

housing should continue to be monitored

  • Oliver will be on track to meet

housing demand if current pace

  • f development is maintained
  • Age-friendly housing
  • Rental and affordable housing

should remain a priority

Photo: Alicia Leclercq

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SLIDE 26

Thank You

Photo: Alicia Leclercq