By Ward McAllister, President

1. Partners in Community Building:A Presentation by the Urban Development Institute on Affordable Housing By Ward McAllister, President

2. Share of Pre-Tax Household Income Spent On Housing (By Province) • BC – 39.3% • Alberta – 28.3% • Saskatchewan – 29.3% • Manitoba – 30.5% • Ontario – 30.5% • Quebec – 29.6% • Atlantic Region – 26.3% Source: The Vancouver Sun, June 7, 2002

3. Share of Pre-Tax Household Income Spent On Housing (By City) • Q4 2001 Vancouver 44.7% Toronto 37.2% Montreal 29.8% • Q4 2002 Vancouver 47.7% Toronto 39.1% Montreal 30.7% Source: Business Council of BC Regional Economic Outlook and Key Trends, April 9, 2003

4. BC construction industry expecting over 11% growth in 2003-04 • Residential construction - highest contribution of any sector to BC Real GDP Growth in 2002 (0.9%, or 50% of the province’s 1.8% total growth) • Greater Vancouver - housing starts in July, 2003 jumped 46% from July, 2002 • Greater Vancouver – housing sales jumped 50% in July and 33.3% in August when compared with the same monthly totals from 2002 Source: Canadian Construction Association Five-Year Construction Forecast, November 2002 & The Vancouver Sun, Vancouver Sun, August 12, 2003

5. Out of 10 Million Dwelling Units Across Canada: • 700,000 are a part of the social housing stock (units built by government, public agencies, non-profit organizations, co-operatives) • Almost 4 million are from market rental housing Source: Steve Pomeroy, “Toward a Comprehensive Affordable Housing Strategy for Canada”, October, 2001 Private development ALREADY plays a significant role in providing affordable housing

6. Examples of 2002 Entries for the UDI Awards of Excellence in Urban Development

7. The Red Bricks

8. University Marketplace

9. Collingwood Village

10. Development Cost Charges (DCCs) • Lot Levies • Hectarage Assessments • Impact Fees • Off-site Service Charges

11. Cost of a Home - % Breakdown $84,000 (29.9%) $197,000 (70.1%) Local government development fees alone can add up to 20% to the price of a home Source: The Vancouver Sun, June 7, 2002 & Canadian Home Builder’s Association, “Restoring the Balance: Financing Municipal Infrastructure Required for New Development, January 2000”

12. Obstacles in Achieving Greater Affordable Housing Options Challenges • DCCs that aren’t used to support new infrastructure associated with new development • Gold-plated standards such as lanes with curbs, stamped concrete sidewalks or luxurious street lamps • Delays in municipal building approvals and assessments • A lack of openness to innovation from the development community • Inadequate consultation from governments – we can only play the hand that we are dealt

13. A Common Philosophy To Build Upon Quote from the BC Housing Service Plan for 2003/04 - 2005/06: “The importance of long-established partnerships should not be overlooked. It is through the work of community groups, local health authorities, other public agencies, municipalities and the private sector that we are able to create healthy, active and inclusive communities.”

14. 3 Points To Remember • 1) The development industry is already heavily involved in the provision of market affordable housing, and has the ability and expertise to contribute on a much grander scale . • 2) Due process in a timely and efficient manner is the key to facilitating affordable housing solutions. • 3) Collaborative efforts and increased consultation with the development industry will result in more complete communities being created across the province.

15. Partners in Community Building:A Presentation by the Urban Development Institute on Affordable Housing By Ward McAllister, President