Housing Needs Report

Thank you to everyone who took the time to provide input - your survey responses, comments, and stories informed the development of Port Moody’s Housing Needs Report, which was endorsed by City Council on October 19, 2021.

What do you think about the availability and affordability of housing in Port Moody? We want to know!

Your input will inform Council’s decisions about housing over the next five years.

Information gathered from the public and partner groups will be used to develop a housing needs report that will be presented to Council for their consideration in fall 2021. The provincial government requires municipalities and regional districts to complete housing needs reports by April 2022 and every five years thereafter. These reports will help local governments and the B.C. government better understand and respond to housing needs in communities throughout B.C.

What is included in a housing needs report? Provincial legislation states that local governments must collect data, analyze trends, and present reports that describe current and anticipated housing needs in communities. These reports can help identify existing and projected gaps in housing supply by collecting and analyzing information about local demographics, economics, housing stock, and other factors.

To help determine current and projected housing needs, local governments are required to collect data regarding:

• current and projected population

• household income

• significant economic sectors

• currently available and anticipated housing units

We will collect information for our housing needs report from a variety of sources, including Metro Vancouver, BC Housing, Real Estate Board of Greater Vancouver, Statistics Canada, and Canada Mortgage and Housing Corporation. We will also engage with members of the public and partner groups – such as non-profit housing providers, social service agencies, and developers – to learn about housing needs as well as challenges, gaps, priorities, and potential solutions.