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Banff Housing Corporation

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1. What is the Banff Housing Corporation (BHC)?
2. Who oversees the BHC?
3. What is the BHC’s focus?
4. Does the BHC have rental units?
5. How are the BHC properties kept “value-priced”?
6. What is the equity share model?
7. What is the price restricted model?
8. How many units has the BHC developed?
9. Can anyone buy a BHC property?
10. What is Park’s Canada’s eligible resident requirement?
11. What is the BHC’s sublease agreement?
12. What is the head lease?
13. Is the BHC’s sub-lease different from the head lease?
14. What is the annual administration fee?
15. What is meant by “owner-occupied”?
16. Who’s responsible for taxes, utilities and insurance?
17. What key decisions does the BHC make when a property is sold?
18. What is Right of First Refusal (ROFR)?
19. Can my heirs inherit my BHC home?
20. How can I see the sublease agreement?
21. How do BHC properties sell?
22. How do I get my name on the Registered Resale List (RRL)?
23. Is the RRL a first-come first-served arrangement or is it a prioritized list?
24. What are these criteria and how are points allocated to RRL applicants? In brief:
25. What is the process of sale through the RRL for equity share properties once my name is on the RRL?
26. What is the process of sale through the RRL for price-restricted properties once my name is on the RRL?
27. What criteria does the BHC look at when deciding whether or not to defer payment of the BHC’s equity share when an offer to purchase is presented to the Board for consideration?
28. What happens if I’m on the RRL and invited to a BHC showing, but I’m not interested in attending?
29. What happens if I attend a showing through the RRL for a BHC property but I’m not interested in making an offer?
30. If I want to buy a BHC property, can I own other property at the same time?
31. If I buy a BHC home can I stay on the RRL?
32. If I were to acquire a BHC property, can I rent the BHC property if I choose to be away from Banff for any period of time?
33. So what if I retire while I own the BHC property and want to travel or spend a period of time outside of Banff?
34. If I want to purchase a BHC property, how much do I have to have as a down payment?
35. If my down payment is less than 20% of the sale price of the property, don’t I have to pay mortgage insurance?
36. Can my parents, family member or friend etc. be a co-mortgagee with me on a BHC property?

Future Housing Developments

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1. Why is the Town building housing?
2. Shouldn’t the Banff Housing Corporation (BHC) build new housing?
3. Why are you building a multi-unit apartment and not row housing?
4. Why are you building rental housing and not homes for families to purchase?
5. How did you select these parcels?
6. Why are you developing the Deer Street parcel first?
7. Will property taxes go up because of it?
8. Can the Town afford to take on this debt load? Are taxpayers at risk?
9. What about the housing levy on my tax bill?
10. When will construction begin?
11. How many units will it contain?
12. How many people will live there?
13. What will it look like?
14. Will residents be consulted on building design?
15. How will renters access the building?
16. Will the lane be opened? Widened?
17. How much parking will you have? Will it be above ground or in a parkade?
18. Will it be built to LEED standard?
19. Will you add a traffic light to the Banff Avenue intersection?
20. Who is eligible to rent these units?
21. Will the units be accessible for those with mobility challenges?
22. What will the rents be?
23. Will my rent be determined by my income?
24. Is there a limit to the length of time a person can rent the unit?
25. Can I sublet while I travel? Can I sublet to roommates?
26. Do I need to sign up for a housing wait list?
27. Will pets be allowed?
28. Can I own property somewhere else and rent a unit?
29. How will you mitigate noise from tenants?

Municipal Census Questions

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1. How many people live in your home?
2. Do you own or rent your home?
3. How many vehicles are kept at your home?
4. What is the gender and age of each person?
5. Does each person usually reside somewhere other than Banff?
6. Where did each person last live if they have not been in Banff longer than two years?
7. In what location does each person normally work?
8. Does anyone have more than one job?
9. How each person normally gets to work in the winter and in the summer?

Property Taxes

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1. Where can I pay my taxes?
2. Can I appeal my tax invoice?
3. What is the penalty for late payment charges?
4. Are the penalties discretionary?
5. My mailing address has changed. How do I let you know?
6. I just got a tax notice for a house I sold. What do I do?
7. Can I pay by credit card?
8. Can I pay my property taxes using a post-dated cheque?
9. I can only pay a portion of my taxes now. What should I do?
10. The property tax bill is not in my name. Who is responsible for it?
11. Is there a payment plan available for property taxes?
12. How do I know what my new TIPP amount will be?
13. How do I know if my property tax payment is included in my mortgage payments?
14. I share ownership of the property with someone. Who pays the property tax?
15. The property taxes were paid by the lawyer during sale. What do I do?
16. I own an undivided half duplex. Do I pay the full amount on the tax notice?
17. I'm not on the TIPP but my tax notice indicate that I am.
18. What's garbage got to do with it?
19. What was the 2015 tax rate increase?
20. Why is my property tax increase more than the average?
21. What is the difference between the Bow Valley Regional Housing levy and the municipal housing levy?

Traffic Management FAQ

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1. Why not add a fourth lane to the Bow River Bridge?
2. Why not use flaggers to manage traffic on very busy days?
3. Why not build a giant intercept parking lot?
4. Why don’t you remove the mid-block crosswalks on Banff Avenue to eliminate traffic flow interruptions?
5. Why doesn’t the Town build a new parkade?
6. On busy summer days, I occasionally see people at the mid-block crosswalks on Banff Avenue controlling when people cross the road. Who are they?
7. Why don’t you limit the number of cars that cross the Bow River Bridge, similar to the concept of restricting vehicles on the Moraine Lake Road?
8. Why have scramble crosswalk intersections? Don’t they slow traffic movement?
9. How come the pedestrian crossing time at the scramble intersection is 25 seconds long?
10. Large delivery trucks block and/or slow traffic when backing into the alleys. Why doesn't the Town do something about that?
11. Is the Town going to install traffic signals at Buffalo St/ Bear St intersection?
12. Why does the Town report both incoming and outgoing vehicle volumes for entrance traffic counters? Isn't just incoming vehicles that are the problem?
13. Why does Bow Avenue have only one lane of traffic? How come that one-way traffic flow changed direction in 2015?

Work in Banff

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1. How much should I save up before arriving in Banff?
2. What are the chances of finding a job and a place to live?
3. Can I access the Internet?
4. Do I need a car?
5. Is gear expensive?
6. What's the cost of living in Banff?
7. Will I make friends?
8. Should I be afraid of the wildlife?