Affordable housing

A proposed pocket neighbourhood could help to provide some homes at more modest prices.

For years, the topic of affordable housing has been discussed in Summerland, but the price of owning or renting a home here remains high.

The proposed pocket neighbourhood, at the site of the former Summerland RCMP detachment, could help to provide some homes at more modest prices.

With a supply of lower priced housing, Summerland could attract workers who would otherwise reject this community as unaffordable.

Businesses which have had difficulty attracting a labour pool would also benefit from some more affordable housing. Without a labour pool available locally, it becomes difficult to attract or retain businesses which could benefit the entire community.

Even those who would prefer no population increase should see the benefits in having some affordable housing developments, to accommodate those who provide the various services we need.

According to the assessment figures released earlier this year by B.C. Assessment, the average assessed value of a home in Summerland was $419,000 — considerably higher than in other communities in the South Okanagan and Similkameen. The average home in Penticton was valued at $372,000. In Oliver, the average value was $300,000 and in Osoyoos, it was 364,000. At such prices, Summerland is at a disadvantage when it comes to attracting businesses and workers. When house prices increase, rent rates also tend to show an increase.

While there are some lower priced units in Summerland, including townhouses and condominium units, the majority of these are in age-restricted developments. For younger people and families, the cost of living in Summerland is higher than elsewhere in the region.

The proposed development is not enough to meet all of Summerland’s affordable housing needs, but it is a place to start.

 

Just Posted

A campaign encourages families to put down their phones and talk this Mother’s Day

OpenTable’s #DiningMode gets Okanagan restaurants on board with a no phone policy while dining

Okanagan experience for the Blue Man Group

The world tour of the Blue Man Group came to Penticton this week for two shows.

Olympian Andi Naude retires from freestyle skiing

Penticton native skied in 62 World Cup single and dual moguls events in her career

Syrup commercially produced from Summerland maple trees

Maple Roch produces 50 bottles of syrup after trees in the community were tapped

Activities offered to mark Earth Week in Summerland

Numerous events planned, including the 13th annual Earth Day Celebration on Sunday

VIDEO: Driver in bizarre hit-and-run at B.C. car dealership turns herself in

Police believe alcohol was a factor in incident causing estimated $15,000 in damages

‘B.C. cannot wait for action’: Top doctor urges province to decriminalize illicit drugs

Dr. Bonnie Henry says current approach in ‘war on drugs’ has criminalized and stigmatized drug users

B.C. woman, 76, challenges alcohol-screening laws after failing to give breath sample

Norma McLeod was unable to provide a sample because of her medical conditions

New report on 2017 wildfires calls for better coordination with B.C. First Nations

Tsilhqot’in National Government documents 2017 disaster and lists 33 calls to action

Okanagan experience for the Blue Man Group

The world tour of the Blue Man Group came to Penticton this week for two shows.

B.C. youth coach banned amid sexual harassment, bullying scandal: Water Polo Canada

Justin Mitchell can’t take part in Water Polo Canada events or clubs

Wilson-Raybould: Feds want to just ‘manage the problem’ of Indigenous Peoples

Former federal justice minister speaks at First Nations Justice Council meeting in B.C.

Okanagan College names new fundraising director

Helen Jackman will join the college as executive director of the Okanagan College Foundation and director of advancement

Most Read