Selkirk College KCSHC Grandview Manor Committee, January 29, 2009 - - PowerPoint PPT Presentation

George Penfold Regional Innovation Chair Selkirk College

KCSHC Grandview Manor Committee, January 29, 2009

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

In Commute Out Commute

580 Area J. - 910 total 840 Live/Work 330

 $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

Kootenay Development Region

(East and West Kootenay)

1997 2007 Total employed, all industries ('000) 65.3 77.1 Construction 3.6 9.2 Finance, insurance, real estate, leasing 3.0 3.2 Business, building, support services 1.6 2.4

Compared to:

Manufacturing 7.6 8.4 Forestry, fishing, mining, oil and gas 4.1 5.4

KDR Construction - 14% of all firms, Dec 2007

 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”

 “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

Age Number Proportion 0 - 14 1,487 15.6% 15- 24 1,647 12.6% 25 - 54 5,521 42.2% 55 - 64 1,716 13.1% 65 - 74 1,154 8.8% 75 - 84 713 5.4% 85+ 286 2.2% Total 13,071 65+ 2,153 16.5% 55+ 3,869 29.5%

Year Population Households 1996 13,548 5,317 2001 13,517 5,516 2006 13,071 5,499 2011 13,241 5,813 2016 13,231 6,072 2021 13,245 6,168 Change 2006 - 2016 160 573

2006 2016 Change 2006 2016 Population % of Population Age 13,071 13,231 160 0-17 2,598 2,074

• 525

19.9% 15.7% 18-24 1,361 1,067

• 294

10.4% 8.1% 25-64 7,041 7,414 373 53.9% 56.0% 65+ 2,071 2,676 +605 15.9% 20.2%

2001 2008 Total Parcels 7,644 7,741 Non Resident 17.7% 18.3%

200 400 600 Salmo/Creston Nelson/Kaslo Slocan/Arrow Lk Mainland/SW Rest BC Alta Rest Can. Other 2008 2001

Propert erty y Type Share re of Titles - 2008 08 SFD 7% Acreage Dwelling 14% Multi Family 18% Agricultural 30% Hotel/Resort 28% Commercial 33% Manufacturing 74%

Dwelling Type Castlegar Area BC

Total private dwellings occupied by usual residents 5,245 1,643,150 Single-detached houses 78.1% 49.2% Multi Family 5.0% 10% Apartments 7.7% 38% Other dwellings (Mobile) 9.2% 2.8% Individuals/Families in supportive housing 346

Location (2006 Census) Total Rental Households 2006 (% of all Households) % Change 2001-2006 Castlegar Area 935 (17.8%)

• 13.0%

Castlegar 660 (20.5%)

• 11.4%

Trail 985 (28.0%)

• 2.0%

Nelson 1,540 (34.8% )

• 1.3%

CBT 14,420 (21.4)

• 9.0%

BC 493,995 (30%)

• 3.6%

Area 2006 Change 2001 - 2006 Average Dwelling Value RDCK $240,339 61.60% Castlegar Area $209,049 42.40% Average Household Income RDCK $51,574 13.80% Castlegar Area $62,132 17.80% Average Rental Rate RDCK $623 8.35% Castlegar Area $572

• 3.54%

Minimum wage BC $8.00/hour 0%

Location (2006 Census)

• Avg. Dwelling

Value 2006 Avg. Household Income 2005

• Avg. Dwelling

Value 2006/Avg. Household Income 2005 Castlegar Area $209,049 $62,132 3.4 City of Castlegar $197,863 $62,941 3.1 Trail $142,303 $51,155 2.8 Nelson $273,287 $51,717 5.3 CBT $238,823 $57,534 4.2 BC $418,703 $67,675 6.2

Location (LHA - 2006 Census) % Total Households Spending 30% or more Proportion Rental of Total Castlegar Area 18.1% 35.3% City of Castlegar 20.4% 42.4% Trail Area 17.0% 40.1% Nelson Area 27.9% 48.6% CBT 21.1% 40.5% BC 28.4% 45.5%

Total Rental Owned Castlegar Area 945 330 (35.3% of rental) 615 (14.4% of owned) Castlegar 625 265 (40.2% of rental) 360 (15.0% of owned)

Castlegar Area

One Person Lone-Parent Family Couple Family With Children Couple Family Without Children Affordability Challenged 475 100 155 150 % Affordability Challenged 50.3% 10.6% 16.4% 15.9% % Household Type 33.3% 19.8% 12.0% 5.6%

Primary Householders Single Person Households Couple Households, no Children Rental Households Castlegar 46.5% of 3,065 65.3% of 880 64.9% of 970 38.2% of 655 E.A. I 36.8% of 1,010 45.8% of 240 63.8% of 345 16% of 125 E.A. J 41.3% of 1,175 63.3% of 300 53.1% of 405 36.6% of 150

Total Income (Tax filer 2005) Median Income Average Income Couple economic families $72,062 $82,517 Male lone-parent economic families $51,853 $53,931 Female lone-parent economic families $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

 Following are possible categories of housing need:

• basic shelter (emergency, homeless)
• transition/care
• subsidized rental housing
• market rental housing
• non-market housing
• market housing

 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 housing development?