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Future Housing Developments
Parks Canada released 14 lots within town boundaries to the Banff Housing Corporation – a wholly owned subsidiary of the Town of Banff – for the development of multi-unit, affordable rental housing. 

Housing is a council priority and council has committed to building 100 units by 2018 to address the need for affordable housing in the community. Supplying a mix of affordable housing options to ensure those working in Banff live in Banff is part of The Banff Community Plan.

Sign up to receive updates about housing projects at banff.ca/notify.

Information presented at the March 16, 2016 Connect Open House
Scope of Work
Deer Street Projects Specifics (PDF)

Information presented at the February 4, 2016 open house:
Conditions of SaleTimelinesCommunity Housing Strategy
Banff Ave DistrictCave Ave District 
Conditions of Sale (PDF)
Estimated Timeline (PDF)
Community Housing Strategy (PDF)
Banff Avenue District (PDF)
Cave Avenue District (PDF)

  • On March 16, 2016, Deer Street Project Specifics, including mix of units, unit size, amenities, parking, environment, and estimated budget were presented at the Connect Open House at The Fenlands.
  • On March 14, 2016, council approved the project specifics for the affordable housing development on the lane by Deer Street and directed administration to proceed with the RFP process. Project Specifics (PDF)
  • On March 9, 2016, an invitation for expressions of interest for a design-build development of an affordable, rental, multi-family apartment housing project was issued. Invitation for Expression of Interest (PDF)
  • A rental housing survey was conducted online from January/February seeking information on the type of units residents are seeking, potential rental costs, etc.
  • On February 8, 2016 council passed the second and third reading of a borrowing Bylaw 355. This bylaw will finance the purchase of lands and preliminary civil engineering work. Bylaw 355 (PDF)
  • On February 4, 2016 a community-wide open house was held at the Banff Scout-Guide Hall. Information was on display showing where the lots are located, what "affordable" means, pertinent Land Use Bylaw regulations and more. Staff were also available to answer questions and take feedback. More information: Community invited to open house on affordable housing developments (PDF)
  • On January 27, 2016 a neighbourhood conversation was held at the Inns of Banff with residents who live near the lots in the lane off Marmot St. Town of Banff staff from the engineering, finance, planning and community services departments were on hand to answer questions and gather feedback about the development.
  • On January 11, 2016 council passed first reading of a borrowing bylaw to finance the purchase of lands and conduct preliminary civil engineering work. Subsequent readings of the bylaw are scheduled to take place in early February.
  • On December 17, 2015 council approved the purchase of 14 lots (12 parcels) of land released by Parks Canada. More information: Council approves purchase of land for affordable housing (PDF) 

Buying a House

Banff Housing Corporation
The Banff Housing Corporation (BHC) is an arm’s length, non-profit organization of the Town of Banff. Its mission is to help the town maintain a healthy and balanced community by offering both price restricted and equity share home ownership.

In order to buy a BHC home, you must first be on the Registered Resale List. The list awards points to potential buyers and those with the most points are contacted first when a property becomes available. A non-refundable administrative fee of $50 must be paid when submitting your application.

Real Estate Agents
There are several Banff-based real estate agents who can help you find listings on the open market. Banff Lake Louise Tourism maintains a list of real estate agents in Banff.

Renting in Banff
Links to Rental Listings

Other Sources
In a small town like Banff, word of mouth is still one of the best ways to find a place. Tell everyone you meet you’re looking to rent, and have them spread the word. Some landlords won’t advertise their rentals, preferring instead to rent to someone they know, or someone recommended to them.

Some real estate agents in Banff also manage rental properties, and it’s worth it to check with each if they have anything available, or if they maintain a waiting list. You'll be asked to show proof of employment in Banff to ensure you meet the need-to-reside, and many require references from past landlords before showing properties. To ensure a smooth process, have contact information from past landlords available when you're looking for an apartment.

Staff Accommodation
Many businesses in town have housing available for staff, and this is generally the best way to find a place to live when you’re new to town. They’re often less expensive than renting on your own and most staff accommodations are already furnished. When applying for a job, ask about the availability of staff housing.

Landlord and Tenant Information
Legal Rights
Landlord and tenant rights in Alberta can differ from other provinces and countries. As a tenant, you should educate yourself on your rights and responsibilities when renting a home or apartment. 

Health and Safety
There are a number of health and safety standards for housing in Alberta. The following are from Alberta Health Services to educate both tenants and landlords as to their rights and responsibilities.

Need-to-Reside Criteria
Parks CanadaIn order to live in Banff, you need to work in Banff. It’s a Parks Canada regulation to make sure housing is available to the people who work in the community, so it isn't used as vacation properties or second homes.

According to the National Parks Lease and License of Occupation Regulations an eligible resident is defined as:
(a) an individual whose primary employment is in the park,
(b) an individual who operates a business in the park and whose presence at the place of business is necessary for the day-to-day operation of the business,
(c) a retired individual who resides in the park and who, for five consecutive years immediately prior to retirement,
(i) was employed primarily in that park, or
(ii) operated a business in that park and whose presence at the place of business was necessary for the day-to-day operation of the business,
(d) a retired individual who resided in the park at the time of the individual's retirement and who resided in that park on July 30, 1981,
(e) an individual who is a student in full-time attendance at an educational institution that is located within the park and registered under the Income Tax Act or applicable provincial legislation relating to education,
(f) an individual who is a lessee of public lands in the park and who
(i) was the lessee of those public lands prior to May 19, 1911, or
(ii) is a descendant, by blood or adoption, of an individual who was the lessee of those public lands prior to May 19, 1911, or
(g) the spouse or common-law partner or a dependent of an individual referred to in any of paragraphs (a) to (f).

Community Housing Strategy
Housing StrategyIn October 2014, Banff town council adopted the Community Housing Strategy. The document recommends many actions be taken over the next several years to help address housing issues in the community. Some actions are already underway, and can be reviewed in the full document.