Town of Banff

Housing

By the numbers:

• To date, of an identified shortfall in 2002 of 419 housing units, 112 new units have been constructed
• Of a total of 1,536 housing units, 183 are subsidized through the Banff Housing Corporation, representing 11%

What affected 2010 results?

• Cost and availability of developable residential land, construction costs, limited mortgage credit availability, uncertainty over market demand
• Projects pending completion of Phase One of the Land Use Bylaw review/update 
• The majority of residential construction over the course of the year was additions/renovations and leasehold improvements

For more information:

• Banff Housing Corporation
• Land Use Bylaw Review
• Banff Housing Study 2002