Islands Trust Housing Needs Assessment – Phase 2

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Topics: Aquaculture & shellfish · Governance & budget · Housing & affordability · Transportation & ferries — our classification, not the Trust's.

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[[page 1]]
Islands Trust Housing Needs Assessment

Astep towards a Comprehensive Affordable Housing Strategy
for Salt Spring Island

Presented by JG Consulting Services Ltd.
with the assistance of

Judi Stevenson, Minerva Research & Communications
Salt Spring Island, BC

December 2009

with funding from
| JHE REAL ESTATE
a,

FOUNDATION

.OF BRITISH COLUMBIA

CAPITAL
REGIONAL
DISTRICT

\ i)
: —

Islands Trust

Salt Spring Island’s Affordable Housing Continuum

Emergency / Cold Housing for the Housing for those Housing with Market Rentals or
Weather Shelter Homeless and/or at Risk of Rental Assistance Entry-level
Special Needs Homelessness Homeownership

[[page 2]]
This Affordable Housing Needs Assessment was
commissioned by the Salt Spring Islands Trust in May,
2008. The final report was received by the Salt Spring
Island Local Trust Committee in December, 2009.

The intent of this report is to provide the Salt Spring Island
Local Trust Committee, housing providers (non-profit and
private), and the general community with an objective view
of the current and forecasted affordable housing situation
on Salt Spring Island.

Islands Trust is grateful to the Real Estate Foundation and
the Capital Regional District for assisting in providing
financial support towards the creation of this report.

Page 1 of 49

[[page 3]]
Islands Trust Housing Needs Assessment — Phase Il

TABLE OF CONTENTS

I. Introduction

ll. Phase | Summary (October 2008)

ll. Phase II Executive Summary

IV. Demographics

OnkwWN

Demographics and Population Forecasting
Population and Household Forecasting Methodology
SSI Population Forecast

Household vs. Dwelling Count

Non-Resident Ownership

SSI Household Forecast

V. Housing Market Update

1.

Households and Affordability

2. Single Family Home Sales 1999-2009
3. Single Family Homes Available
4. Rental Homes Available
5. Affordable Housing Projects Proposed
Vi. Key Informant Consultations
1. Introduction & Methodology
2. Participants and Content of Interview and Surveys
3. The Most Urgent Needs
4. Homeless Count 2007
5. Families with Children: the Questions Raised
6. Sub-standard Conditions and Insecure Tenure
7. Population Diversity and a Healthy Community
8. Income of Residents
9. Housing for Residents with Special Needs
10. Most Suitable Locations
11. Essential Service Workers
12. Seniors’ Housing
13. Housing Tenure
14. Seniors’ Housing
15. Legalization of Suites and Cottages
16. The Islands Trust Role in Finding Solutions

Vil. Affordable Housing Strategy

1.
2.
3.
4.

Appendix

Why Develop a Local Affordable Housing Strategy
What is an Affordable Housing Strategy

How the Local Strategy fits with the CRD Strategy
Key Steps in Developing a Comprehensive Strategy

Potential Funding Sources for Housing Strategy Development
Housing Needs Assessment Phase |

SSI Housing Needs Assessment Phase II

11

17

22

39

46

Page 2 of 49

[[page 4]]
Islands Trust Housing Needs Assessment — Phase II

A step towards a Comprehensive Affordabie

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