Housing Need Demand Study
BC Housing considers the needs of all municipalities in the Province during deliberations on the location of new affordable housing projects. The objective of such broad-based decision-making is to ensure that affordable housing projects are distributed fairly and equitably across need groups and geographic regions of the Province.
An important part of the deliberations is identifying the level of need and demand for affordable housing in each target community. Usually, the task of identifying this housing need and demand falls on the project sponsor, which in the past has resulted in markedly different studies. To ensure that the need identification process is consistent, and the resulting project evaluations and decisions are fair to all need groups and across all regions of the Province, the Costing and Targeting Task Group has developed this document to assist project sponsors in developing need and demand studies.
This document includes an example of a simple yet systematic framework that may be followed. Project sponsors are encouraged to modify the framework to suit the project and the community, but should endeavor to address all its key elements.
Also Read: Housing New York A five borough ten year plan: Affordable Housing for Every New Yorker