The District of Invermere recently completed its interim housing needs report, with 732 housing units needed over the next 20 years.
The report also found that the community would need 190 more units within the next five years.
However, district staff say recent development occurring in Invermere already meet that.
The report highlights the impact short term rentals can have on the community as they can eat up available housing.
Last year the district put in new short term rental regulations to limit them.
Mayor Al Miller says they’ve had some success so far.
“It’s been going reasonably well, there’s a big balance between neighbourhood concerns and making sure we’re not creating a business strip or party strip in the middle of a residential neighbourhood,” he said.
“I’m really pleased about that and we want to make sure that balance is there. Hopefully, we carry on with a good uptake in applications and everybody complies properly.”
The full housing needs report can be found here.
The district will be incorporating the findings into its OCP over the coming months.
A survey has been launched on how the district can best update the OCP.
It will be open to the public until July 7 at midnight.
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