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Regional Housing Needs Assessment

The RDNO was pleased to host a presentation from staff at the Canada Mortgage and Housing Corporation on November 16, 2020 regarding Rental Housing Solutions and the Rapid Housing Initiative.  The presentation was recorded and can be viewed below.  If you have any questions on this funding opportunity please contact Rob Jaswal at 604-742-4382 or [email protected]

Download the November 16 Video Webinar!

The development of a Regional Housing Needs Assessment has long been a priority of the Board of Directors.  In 2019 the RDNO was successful in securing a grant through the Housing Needs Reports Program to undertake this work on behalf of the member municipalities and electoral areas. 
The Housing Needs Assessment is now complete and has provided us with a better understanding of our local housing profiles, identifying the current challenges and gaps in our housing stock.  Some of the key findings were:

  • The RDNO is home to approximately 84,300 people living in 40,000 dwellings;
  • RDNO population is older (49.5 years) than BC average (43 years);
  • The housing stock is quite old, with only 13% of dwellings constructed since 2001;
  • The region’s growth is completely dependent upon migration as natural deaths outpace births within the region;
  • 12% of the region’s households are in Core Need with Affordability being the main challenge;
  • There are a significant number of households with 3 or more bedrooms, occupied by only two people.  These households may want to downsize but there is not a lot of suitable homes for them to move into within their community.  Additional small format 2 bedroom plus a den, townhomes and larger apartments would provide that diversity that is currently missing;
  • The Region is expected to add roughly 300-350 households each year over the next 20 years.  Based on our demographics and projected needs, 50% of those dwellings should be 2 bedroom apt, townhouse or small homes; 25% 1-1.5 bedroom apartments and 25% 3+ Single family Dwellings;
  • The biggest challenge the region is facing is a backlog in unmet need for affordable housing units ($500-$1000/month rent range), specifically for one-person households in the age range of 45-64.

Click here to see the full report