{"id":4006,"date":"2021-07-13T13:52:13","date_gmt":"2021-07-13T17:52:13","guid":{"rendered":"https:\/\/www.cancea.ca\/?p=4006"},"modified":"2023-07-21T14:20:34","modified_gmt":"2023-07-21T18:20:34","slug":"town-of-cochrane-housing-needs-study-2020","status":"publish","type":"post","link":"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/","title":{"rendered":"Town of Cochrane Housing Needs Study 2020"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4006\" class=\"elementor elementor-4006\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2fe3cceb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2fe3cceb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3353a2d6\" data-id=\"3353a2d6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-57d177bf elementor-widget elementor-widget-text-editor\" data-id=\"57d177bf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.14.0 - 26-06-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>The housing needs analysis in the Town of Cochrane reveals that the current housing stock is not sufficiently diversified to meet changing household needs. As of 2016, the town&#8217;s population was 5,330 people, representing a 6.7% decrease from 2001. The population is aging, with households becoming smaller and predominantly consisting of one or two people.<\/p><p>Employment in the retail trade, health care, and construction sectors is significant in Cochrane. Retail trade employs 12% of the population, which tends to have lower incomes compared to other industries. The town&#8217;s housing stock primarily comprises single-detached homes (67%) and has an aging infrastructure, with two-thirds of the housing built before 1980.<\/p><p>Housing affordability is a significant concern in Cochrane. In 2016, 429 households (20% of the population) faced affordability challenges, with 29% of the population having a total household income below $40,000. To address this, there is a need to increase the supply of affordable bachelor, one- and two-bedroom units. Additionally, the town should improve the condition of existing housing and create affordable options for homeownership.<\/p><p>In terms of homelessness, a homelessness survey conducted in 2018 reported 56 homeless individuals and an additional 148 households at risk of homelessness in Cochrane. It is noteworthy that half of the survey respondents identifying as indigenous, which is a higher proportion compared to the overall indigenous population in the town (one-fifth).<\/p><p>To meet future housing needs, the Town of Cochrane should focus on diversifying its housing stock, increasing affordable housing options, and addressing the specific needs of low-income single-person households, senior households, and indigenous populations. This can be achieved through regulatory measures, financial incentives, and partnerships with local and regional stakeholders.<\/p><div class=\"elementor-element elementor-element-cf20230 elementor-widget elementor-widget-button\" data-id=\"cf20230\" data-element_type=\"widget\" data-widget_type=\"button.default\"><div class=\"elementor-widget-container\"><div class=\"elementor-button-wrapper\"><a class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\" href=\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2023\/07\/Town-of-Cochrane-Housing-Needs-Study-final-2020-02-14.pdf\" target=\"_blank\" rel=\"noopener\"> <span class=\"elementor-button-content-wrapper\"><span class=\"elementor-button-text\">Download the Report<\/span><\/span> <\/a><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The housing needs analysis in the Town of Cochrane reveals that the current housing stock is not sufficiently diversified to meet changing household needs. As of 2016, the town&#8217;s population was 5,330 people, representing a 6.7% decrease from 2001. The population is aging, with households becoming smaller and predominantly consisting of one or two people. &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/\"> <span class=\"screen-reader-text\">Town of Cochrane Housing Needs Study 2020<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":5,"featured_media":4034,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[110,120,118,112,109,103,101,106,113,119,116,114,122,108,117,104,123,111,97],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Town of Cochrane Housing Needs Study 2020 - Canadian Centre for Economic Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town of Cochrane Housing Needs Study 2020 - Canadian Centre for Economic Analysis\" \/>\n<meta property=\"og:description\" content=\"The housing needs analysis in the Town of Cochrane reveals that the current housing stock is not sufficiently diversified to meet changing household needs. As of 2016, the town&#8217;s population was 5,330 people, representing a 6.7% decrease from 2001. The population is aging, with households becoming smaller and predominantly consisting of one or two people. &hellip; Town of Cochrane Housing Needs Study 2020 Read More &raquo;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Canadian Centre for Economic Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-13T17:52:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-21T18:20:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2023\/07\/town_of_cochrane_housing-e1689269244183.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1254\" \/>\n\t<meta property=\"og:image:height\" content=\"1684\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sagal Abukar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sagal Abukar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/\"},\"author\":{\"name\":\"Sagal Abukar\",\"@id\":\"https:\/\/www.cancea.ca\/#\/schema\/person\/72c58d394efb613addbf9bc36acae015\"},\"headline\":\"Town of Cochrane Housing Needs Study 2020\",\"datePublished\":\"2021-07-13T17:52:13+00:00\",\"dateModified\":\"2023-07-21T18:20:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/\"},\"wordCount\":271,\"publisher\":{\"@id\":\"https:\/\/www.cancea.ca\/#organization\"},\"articleSection\":[\"Alberta\",\"Atlantic Canada\",\"British Columbia\",\"Business Cases, Impact Evaluations, And Appraisals\",\"Canada\",\"Datasets\",\"Demographics\",\"Economics\",\"Industry Contribution\",\"Manitoba\",\"Ontario\",\"Pensions\",\"Quebec\",\"Region\",\"Regional\",\"Regional\",\"Saskatchewan\",\"Service\",\"Topic\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/\",\"url\":\"https:\/\/www.cancea.ca\/index.php\/2021\/07\/13\/town-of-cochrane-housing-needs-study-2020\/\",\"name\":\"Town of Cochrane Housing Needs Study 2020 - 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