There are three criteria for assessing housing need within a community (CMHC):
- Adequacy: Physical safety of a dwelling relative to the level of maintenance and repair.
- Suitability: A family's ability to afford the type of housing necessary to meet their needs, such as enough bedrooms relative to the size of the family living in the home.
- Affordability: The ability of a household to pay for an adequate, suitable dwelling appending no more than 30% of its gross income.
The St. Albert Affordable Housing Strategy (2005) suggests that 12 - 16% of St. Albert residents are in Core Housing Need, paying more than 30% of their income for suitable housing.
Affordable Housing Continuum
Market Affordable Housing
The lowest 25% of homes sold in any given year for households entering the housing market or downsizing.
Market Rental Housing
Rental rates are established based on market demand and supply.
In St. Albert, 12% of the dwelling units are rented, based on the 2005 census.
Non-Market Affordable Housing
Housing provided on a rent-geared-to-income basis may include government subsidies covering a portion of the rent if the household spends more than 30% of their income on housing, and their income is below the CNIT level for the household type. No requirement for in situ support services.
May also include ownership models that provide controls on the resale price and/or ownership of units based on the household's income.
Non-Market Community Housing
Stable and supportive housing providing a safety net for those in need of support services in addition to housing.
Housing provided on a rent-geared-to-income basis through direct capital or operating subsidies from any order of government.
It can include both short-term and long-term housing.
Core Need Income Thresholds (CNIT's) are established on an annual basis by Canada Mortgage and Housing Corporation and Alberta Housing and Urban Affairs. Households with annual incomes equal to or less than CNIT are said to have insufficient income to afford the on-going costs of suitable and adequate rental units in their area. Incomes below this level may be eligible for rental subsidies. For more information, visit Alberta Housing & Urban Affairs' CNIT information.
Last edited: March 9, 2020