Business Plan Red Deer Housing Authority

Transcription

1 Business Plan Red Deer Housing Authority

2 ACCOUNTABILITY STATEMENT This business plan was prepared under the direction of the Board of Directors of the Red Deer Housing Authority in accordance with the requirements of the Alberta Housing Act. The Business Plan was developed under the guidelines provided by the Ministry of Seniors and Housing, and in consideration of the Provincial Housing Strategy announced in June of This business plan was approved by the Board of Directors on September 30, RED DEER HOUSING AUTHORITY The Red Deer Housing Authority operates pursuant to the Alberta Housing Act under the purpose to enable the efficient provision of a basic level of housing accommodations for persons, who because of financial, social or other circumstances require assistance to obtain or maintain housing accommodation. City of Red Deer is the sole member of the Red Deer Housing Authority per the Ministerial Order. The Red Deer Housing Authority currently operates 256 provincially owned units in Red Deer, 24 Municipally owned units in Red Deer, 10 Housing Authority owned units in Red Deer, 13 provincially owned units in Innisfail and 7 provincially owned units in Sylvan Lake. The direct rental portfolio is mainly 2 and 3 bedroom units and houses over 850 low income Albertans. As well the Housing Authority delivers Rent Assistance to 565 Households in Red Deer and Surrounding communities. In total the Housing Authority assists over 830 households and close to 2,000 Albertans through the Housing Programs offered. Resident Profile and Waiting Lists - The average age of residents in the direct rental portfolio is 19 years old, given that there are over 450 Albertans under 18 years old in the units, and that the majority of the units are 2 and 3 bedroom family units. The average stay is currently under 5 years. The Rent Supplement program mainly assists single individuals with rents, as such, the average age with the Direct to Tenant Rent Supplement Portfolio is 28 and the average age for those assisted under Private Landlord Agreements is 53. The average stay for those in receipt of rental assistance is over 5 years. The current waiting list for assistance is close to 700 households, including over 400 families with children. Staffing Profile and Organizational Structure - The Red Deer Housing Authority has 8 direct employees in Red Deer and there is one full time Manager on site assigned by The Bethany Group who is contracted to be Chief Executive Officer for the Housing Authority. The direct staff employed include an Administrative Assistant, a Finance Coordinator, 3 Housing Coordinators and 3 Maintenance Staff. Financial Profile and Budgets - The Housing Authority operates a $2 million annual budget for rental property operations and $2.6 million annually for rental assistance operations. This is exclusive of annual capital maintenance and renewal which totaled close to $500,000 in 2017, and would be the base of capital expenditures required in a 5 year capital plan given the age and condition of the existing rental stock under management. The provincial government fully finances the capital funding and the rental assistance provided as well as provides operating deficit funding through budget approvals provided annually. Red Deer Housing Authority Business Plan Page 1 of 5

3 STRATEGIC CONTEXT The primary impacts on our strategic environment are: > Recovering Provincial Economy > Provincial Fiscal challenges > New Provincial Housing Strategy > Anticipated Federal Housing Strategy > Aging population and home care shift > Local Demographic Information > Household Income > Market Housing Conditions STRATEGIC PRIORITIES The Red Deer Housing Authority has identified the Strategic Priorities outlined in the Provincial Housing Strategy to guide operations through the next 3 to 5 years: 1. Investing Now and For the Future 2. Integrated Housing and Supports 3. Successful Transitions and Aging in Community 4. Fair and Flexible 5. A Sustainable System This business plan is developed in keeping within the Purpose of the Alberta Housing Act and the obligations of the Board of Directors of the Red Deer Housing Authority pursuant to the Management Body Operations and Administration Regulation. STRATEGIC RISKS The key strategic risks for the operations of the Red Deer Housing Authority are: > Population growth and the improvements to the local economy, which impacts housing availability and affordability for service sector workers, those in receipt of public financial support, those with special needs, and the homeless. > The age, condition and functionality of the existing portfolio operated by Red Deer Housing and the limitations created to meet current and future needs, including adding new affordable housing capacity to the Red Deer area. Red Deer Housing Authority Business Plan Page 2 of 5

4 OUTCOMES, KEY STRATEGIES AND PERFORMANCE MEASURES Outcome One: INVESTING NOW AND IN THE FUTURE Housing Accommodations operated by the Red Deer Housing Authority will meet or exceed minimum housing standards and options to meet demands for new housing supply will be explored. Key Strategies: 1.1 Increase the Supply of Affordable Housing 1.2 Improve and Maintain the condition of existing affordable housing Performance Measures The City of Red Deer approves the transfer of the 24 Municipally owned Housing to the Red Deer Housing Authority in 2018, for the purpose of leverage and redevelopment to enable renewal, and increase the supply of social and affordable housing by at least 10 percent. Capital funding is approved by the Ministry of Seniors through the Provincial Housing Capital Plan to add a minimum of 50 new social and affordable housing units over the next 5 years. Funding of $2.5 million is approved by the Province of Alberta from the Housing Capital Plan for the items requested under the 5 Year Capital Maintenance and Renewal List supplied by the Management Body to the Ministry of Seniors and Housing. All capital projects are completed in accordance with approved standards, scope and specifications, on time, and on budget. Outcome Two: INTEGRATED HOUSING AND SUPPORTS Residents of Housing Accommodations and services offered by the Red Deer Housing Authority have the tools they need to enable successful occupancies and to live independently with or without community-based services. Key Strategies: 2.1 Enhance Integration with Community Support Services Performance Measures Funding is approved by the Ministry of Seniors and Housing to develop, implement and operate a successful Tenant Support program, based on a funding request to hire 2 full time support workers. Red Deer Housing Authority Business Plan Page 3 of 5

5 Outcome Three: SUCCESSFUL TRANSITIONS AND AGING IN COMMUNITY The operations of the housing accommodations and support programs offered by the Red Deer Housing Authority enable residents to easily access services that allow them to be affordably and safely housed, as well as successfully transition out of the system when necessary or able. Key Strategies: 3.1 Enable transitions through the continuum of housing and supports 3.2 Support the desire of Albertans to age in their community Performance Measures Formulize a partnership with Habitat for Humanity to support existing tenants to transition to their shared ownership model at a target of 5 households per year over the next 5 years. The 50 new units requested to be funded under the Provincial Housing Capital Plan will include 5 units at market rents to allow tenants with higher incomes to remain and to also provide revenue to offset increased operating costs. Outcome Four: FAIR AND FLEXIBLE The operations of the housing accommodations and support service programs offered by the Red Deer Housing Authority are flexible and responsive to meet resident needs. Key Strategies: 4.1 Modernize the regulatory framework to support equitable treatment and housing stability 4.2 Improve System access and navigation 4.3 Promote enhanced understanding of and coordinated response to rural and urban needs Performance Measures The enhancements to the Alberta Housing Act regulations will be fully implemented by staff of the Red Deer Housing Authority by the end of Red Deer Housing Authority will work with City agencies on the review of a single point of entry for nonseniors assisted housing in Red Deer, including coordinated assessment process, and integrated service delivery model. The Red Deer Housing Authority will assess, and implement, if favorable, becoming the Community Based Organization under contract with the Federal and Provincial Governments on delivery of the Homeless programs and initiatives in Red Deer. Red Deer Housing Authority Business Plan Page 4 of 5

6 Outcome Five: A Sustainable System The financial operations of the Red Deer Housing Authority are sustainable based on new funding models, including allowing market rental options within the portfolio. Key Strategies: 5.1 Support operational and environmental sustainability of affordable housing projects 5.2 Partner with other governments to support a sustainable system and meet the housing and support needs of Albertans 5.3 Improve the knowledge of the housing and support needs of Albertans Performance Measures The Red Deer Housing Authority receives provincial funding increases to base operations including funding to offset the impacts of lost rental revenue from client types, increased utility cost based on current actual rates and consumption, as well as additional operating funding for a tenants support worker program and enhanced maintenance staffing. Capital funding approved for new units, and for unit upgrading will prioritize environmentally friendly opportunities and energy efficiency initiatives. The Red Deer Housing Authority will work with the City of Red Deer and community agencies to develop a robust housing needs assessment model as the basis for the development of a comprehensive housing and support services plan that is updated every 3 years. The Red Deer Housing Authority will investigate the feasibility of offering asset management/ maintenance services to smaller affordable housing providers in Red Deer. APPENDICES Appendix A - Housing Management Body Corporate Profile Appendix B - Portfolio Profile Appendix C - Financial Budget and Forecasts Appendix D - Capital Maintenance and Renewal Program Appendix E - Proposed Major Capital Projects Red Deer Housing Authority Business Plan Page 5 of 5

7 Appendix A Housing Management Body Corporate Profile Organization details Housing Management Body name Incorporation type Red Deer Housing Authority Alberta Housing Act Societies Act Part 9, Alberta Companies Act Other (please specify) Board of Directors Don Wielinga, Chair, City of Red Deer (c) / donaldwielinga@gmail.com Patricia Couture, City of Red Deer (c) / patricia.couture@gmail.com Jim Horne, City of Red Deer (h) / jehorne@telus.net Brian Barlund, City of Red Deer / bbarlund@reservefundplanners.ca Jonas Neidert, City of Red Deer (c) / jneidert@avaloncentralalberta.com Linda Boyd, City of Red Deer (c) / lindaoffleash@outlook.com Brenda Joyce, City of Red Deer / Brenda.joyce@rdc.ab.ca Senior management team The Bethany Group, CAO: Mike Leathwood, CEO mike.leathwood@bethanygrp.ca Carla Beck, Director, Housing & Community Services carla.beck@bethanygrp.ca Dave Buist, Director, Strategic Services dave.buist@bethanygrp.ca Glen Blatz, Director, Facility Services glen.blatz@bethanygrp.ca John Davis, Director, Health Care & Supportive Living john.davis@bethanygrp.ca Lorraine Kiel, Director, Human Resources lorraine.kiel@bethanygrp.ca Outi Kite, Housing Administrator outi.kite@rdha.ab.ca Appendix A Page 1 of 3

8 Governance structure (including any other organizations associated with the HMB) List of contracts to provide services on behalf of other organizations / contracts to have services provided by another organization (e.g. with AHS or other HMBs). Number of employees Number of employees earning minimum wage. N.B. PLEASE DO NOT DISCLOSE IF THIS NUMBER IS 5 OR LOWER Categories of staff (e.g. management, maintenance, administration, housekeeping, catering, resident services etc.) Annual Employee Turnover (average monthly employment / number of separations * 100) Are staff unionized? The Board operates as a Board of Governance and is responsible for the overall direction and oversight of the Organization. The Bethany Group acts as the CAO for Red Deer Housing Authority in a contract relationship and is responsible to the Board for all administration and CAO functions. The Bethany Group acts as the CAO for Red Deer Housing Authority in a contract relationship and is responsible to the Board for all administration and CAO functions. Full Time 9 Part Time 0 Casual 0 Management Administration Maintenance Finance No Total 9 Appendix A Page 2 of 3

9 Organizational chart Appendix A Page 3 of 3

10 Appendix B Property Profile Project Name Address City Municipal Postal Code Number of Units 24 Ownership Building Type Maximum Basic Rent City of Red Deer Street Red Deer, AB T4N 0S2 1 4 Dup N/A Street Red Deer, AB T4N 0S2 1 4 Dup N/A Street Red Deer, AB T4N 0S2 1 3 Dup N/A Street Red Deer, AB T4N 0S2 1 3 Dup N/A Avenue Red Deer, AB T4N 4W9 1 3 Dup N/A Avenue Red Deer, AB T4N 4W8 1 3 Dup N/A Avenue Red Deer, AB T4N 1W9 1 3 Dup N/A Avenue Red Deer, AB T4N 4W8 1 3 Dup N/A Avenue Red Deer, AB T4N 4W9 1 3 Dup N/A Avenue Red Deer, AB T4N 4W8 1 3 Dup N/A Avenue Red Deer, AB T4N 4W9 1 3 Dup N/A Avenue Red Deer, AB T4N 4W8 1 3 Dup N/A 35 Osborne Street Red Deer, AB T4N 5C1 1 4 Dup N/A 37 Osborne Street Red Deer, AB T4N 5C1 1 4 Dup N/A 39 Osborne Street Red Deer, AB T4N 5C2 1 3 Dup N/A 40 Osborne Street Red Deer, AB T4N 5C2 1 3 Dup N/A 41 Osborne Street Red Deer, AB T4N 5C1 1 3 Dup N/A 42 Osborne Street Red Deer, AB T4N 5C2 1 3 Dup N/A 43 Osborne Street Red Deer, AB T4N 5C1 1 3 Dup N/A 44 Osborne Street Red Deer, AB T4N 5C2 1 4 Dup N/A 45 Osborne Street Red Deer, AB T4N 5C1 1 3 Dup N/A 46 Osborne Street Red Deer, AB T4N 5C2 1 4 Dup N/A 48 Osborne Street Red Deer, AB T4N 5C2 1 3 Dup N/A 50 Osborne Street Red Deer, AB T4N 5C2 1 3 Dup N/A Red Deer 1 24 ASHC 6110 Horn Street Red Deer, AB T4N 5M1 1 3 Dup N/A 6112 Horn Street Red Deer, AB T4N 5M1 1 3 Dup N/A 6114 Horn Street Red Deer, AB T4N 5M1 1 2 Dup N/A 6116 Horn Street Red Deer, AB T4N 5M1 1 2 Dup N/A 6122 Horn Street Red Deer, AB T4N 5M2 1 2 Dup N/A 6124 Horn Street Red Deer, AB T4N 5M2 1 2 Dup N/A 6126 Horn Street Red Deer, AB T4N 5M2 1 3 Dup N/A 6128 Horn Street Red Deer, AB T4N 5M2 1 3 Dup N/A 3 Hepworth Close Red Deer, AB T4N 5M8 1 2 Dup N/A 5 Hepworth Close Red Deer, AB T4N 5M8 1 2 Dup N/A 7 Hepworth Close Red Deer, AB T4N 5M8 1 3 Dup N/A 9 Hepworth Close Red Deer, AB T4N 5M8 1 3 Dup N/A Appendix B Page 1 of 7

11 11 Hepworth Close Red Deer, AB T4N 5M8 1 3 Dup N/A 13 Hepworth Close Red Deer, AB T4N 5M8 1 3 Dup N/A 15 Hepworth Close Red Deer, AB T4N 5M8 1 2 Dup N/A 17 Hepworth Close Red Deer, AB T4N 5M8 1 2 Dup N/A 18 Hepworth Close Red Deer, AB T4N 5M9 1 2 Dup N/A 20 Hepworth Close Red Deer, AB T4N 5M9 1 2 Dup N/A 22 Hepworth Close Red Deer, AB T4N 5M9 1 3 Dup N/A 24 Hepworth Close Red Deer, AB T4N 5M9 1 3 Dup N/A 26 Hepworth Close Red Deer, AB T4N 5M9 1 3 Dup N/A 28 Hepworth Close Red Deer, AB T4N 5M9 1 3 Dup N/A 30 Hepworth Close Red Deer, AB T4N 5M9 1 2 Dup N/A 32 Hepworth Close Red Deer, AB T4N 5M9 1 2 Dup N/A Red Deer 2 48 ASHC 145 Overdown Drive Red Deer, AB T4P 1W5 1 3 Town N/A 147 Overdown Drive Red Deer, AB T4P 1W5 1 4 Town N/A 149 Overdown Drive Red Deer, AB T4P 1W5 1 4 Town N/A 151 Overdown Drive Red Deer, AB T4P 1W5 1 3 Town N/A 153 Overdown Drive Red Deer, AB T4P 1W5 1 3 Town N/A 155 Overdown Drive Red Deer, AB T4P 1W5 1 4 Town N/A 157 Overdown Drive Red Deer, AB T4P 1W5 1 4 Town N/A 159 Overdown Drive Red Deer, AB T4P 1W5 1 3 Town N/A 195 Overdown Drive Red Deer, AB T4P 1W6 1 2 Dup N/A 197 Overdown Drive Red Deer, AB T4P 1W6 1 2 Dup N/A 199 Overdown Drive Red Deer, AB T4P 1W6 1 3 Town N/A 201 Overdown Drive Red Deer, AB T4P 1W6 1 3 Town N/A 203 Overdown Drive Red Deer, AB T4P 1W6 1 3 Town N/A 205 Overdown Drive Red Deer, AB T4P 1W6 1 3 Town N/A 207 Overdown Drive Red Deer, AB T4P 1W6 1 4 Town N/A 209 Overdown Drive Red Deer, AB T4P 1W6 1 4 Town N/A 229 Overdown Drive Red Deer, AB T4P 1W7 1 2 Dup N/A 231 Overdown Drive Red Deer, AB T4P 1W7 1 2 Dup N/A 233 Overdown Drive Red Deer, AB T4P 1W7 1 2 HC Dup N/A 235 Overdown Drive Red Deer, AB T4P 1W7 1 2 HC Dup N/A 305 Overdown Drive Red Deer, AB T4P 1W8 1 3 Town N/A 307 Overdown Drive Red Deer, AB T4P 1W8 1 4 Town N/A 309 Overdown Drive Red Deer, AB T4P 1W8 1 4 Town N/A 311 Overdown Drive Red Deer, AB T4P 1W8 1 3 Town N/A 313 Overdown Drive Red Deer, AB T4P 1W8 1 3 Town N/A 315 Overdown Drive Red Deer, AB T4P 1W8 1 3 Town N/A 1 Norris Close Red Deer, AB T4P 1R2 1 3 Town N/A 3 Norris Close Red Deer, AB T4P 1R2 1 3 Town N/A 5 Norris Close Red Deer, AB T4P 1R2 1 3 Town N/A 56 Nash Street Red Deer, AB T4P 1N9 1 3 Town N/A Appendix B Page 2 of 7

12 58 Nash Street Red Deer, AB T4N 1N9 1 4 Town N/A 60 Nash Street Red Deer, AB T4P 1N9 1 3 Town N/A 62 Nash Street Red Deer, AB T4P 1N9 1 3 Town N/A 64 Nash Street Red Deer, AB T4P 1N9 1 4 Town N/A 66 Nash Street Red Deer, AB T4P 1N9 1 4 Town N/A 68 Nash Street Red Deer, AB T4P 1N9 1 3 Town N/A 1 Newton Crescent Red Deer, AB T4P 1P3 1 3 Town N/A 3 Newton Crescent Red Deer, AB T4P 1P3 1 3 Town N/A 5 Newton Crescent Red Deer, AB T4P 1P3 1 3 Town N/A 57 Niven Street Red Deer, AB T4P 1P8 1 3 Town N/A 59 Niven Street Red Deer, AB T4P 1P8 1 4 Town N/A 61 Niven Street Red Deer, AB T4P 1P8 1 3 Town N/A 63 Niven Street Red Deer, AB T4P 1P8 1 3 Town N/A 65 Niven Street Red Deer, AB T4P 1P8 1 4 Town N/A 67 Niven Street Red Deer, AB T4P 1P8 1 4 Town N/A 69 Niven Street Red Deer, AB T4P 1P8 1 3 Town N/A 7 Nichols Crescent Red Deer, AB T4P 1P5 1 2 Dup N/A 9 Nichols Crescent Red Deer, AB T4P 1P5 1 2 Dup N/A Red Deer 3 20 ASHC 25 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 27 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 34 Baird Street Red Deer, AB T4R 1K6 1 2 Dup N/A 36 Baird Street Red Deer, AB T4R 1K6 1 2 Dup N/A 41 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 43 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 46 Baird Street Red Deer, AB T4R 1K6 1 2 Dup N/A 48 Baird Street Red Deer, AB T4R 1K6 1 2 Dup N/A 53 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 55 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 58 Baird Street Red Deer, AB T4R 1K6 1 2 Dup N/A 60 Baird Street Red Deer, AB T4R 1K6 1 2 Dup N/A 69 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 71 Baird Street Red Deer, AB T4R 1K5 1 2 Dup N/A 77 Northey Avenue Red Deer, AB T4P 2A3 1 2 Dup N/A 79 Northey Avenue Red Deer, AB T4P 2A3 1 2 Dup N/A 89 Northey Avenue Red Deer, AB T4P 2A3 1 2 Dup N/A 91 Northey Avenue Red Deer, AB T4P 2A3 1 2 Dup N/A 101 Northey Avenue Red Deer, AB T4P 2A3 1 2 Dup N/A 103 Northey Avenue Red Deer, AB T4P 2A3 1 2 Dup N/A Red Deer 4 20 ASHC 21 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A Appendix B Page 3 of 7

13 23 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A 29 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A 31 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A 37 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A 39 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A 63 Grant Street Red Deer, AB T4P 2L3 1 2 Dup N/A 65 Grant Street Red Deer, AB T4P 2L3 1 2 Dup N/A 71 Grant Street Red Deer, AB T4P 2L3 1 2 Dup N/A 72 Grant Street Red Deer, AB T4P 2L4 1 2 Dup N/A 73 Grant Street Red Deer, AB T4P 2L3 1 2 Dup N/A 74 Grant Street Red Deer, AB T4P 2L4 1 2 Dup N/A 86 Grant Street Red Deer, AB T4P 2L4 1 2 Dup N/A 88 Grant Street Red Deer, AB T4P 2L4 1 2 Dup N/A 34 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A 36 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A 46 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A 48 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A 54 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A 56 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A Red Deer 5 24 ASHC 25 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A 27 Grant Street Red Deer, AB T4P 2L2 1 3 Dup N/A 33 Grant Street Red Deer, AB T4P 2L2 1 2 Dup N/A 35 Grant Street Red Deer, AB T4P 2L2 1 3 Dup N/A 55 Grant Street Red Deer, AB T4P 2L3 1 2 Dup N/A 57 Grant Street Red Deer, AB T4P 2L3 1 3 Dup N/A 67 Grant Street Red Deer, AB T4P 2L3 1 2 Dup N/A 68 Grant Street Red Deer, AB T4P 2L4 1 3 Dup N/A 69 Grant Street Red Deer, AB T4P 2L3 1 3 Dup N/A 70 Grant Street Red Deer, AB T4P 2L4 1 2 Dup N/A 76 Grant Street Red Deer, AB T4P 2L4 1 3 Dup N/A 78 Grant Street Red Deer, AB T4P 2L4 1 2 Dup N/A 6 George Crescent Red Deer, AB T4P 2L1 1 3 Dup N/A 8 George Crescent Red Deer, AB T4P 2L1 1 2 Dup N/A 22 George Crescent Red Deer, AB T4P 2L1 1 3 Dup N/A 24 George Crescent Red Deer, AB T4P 2L1 1 2 Dup N/A 33 Gordon Street Red Deer, AB T4P 2L6 1 2 Dup N/A 35 Gordon Street Red Deer, AB T4P 2L6 1 3 Dup N/A 18 Glendale Blvd Red Deer, AB T4P 2P3 1 2 Dup N/A 20 Glendale Blvd Red Deer, AB T4P 2P3 1 3 Dup N/A 42 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A Appendix B Page 4 of 7

14 44 Goodall Avenue Red Deer, AB T4P 2R5 1 3 Dup N/A 50 Goodall Avenue Red Deer, AB T4P 2R5 1 2 Dup N/A 52 Goodall Avenue Red Deer, AB T4P 2R5 1 3 Dup N/A Red Deer 6 20 ASHC 7 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A 9 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A 19 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A 21 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A 27 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A 29 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A 7 McLean Street Red Deer, AB T4R 1T6 1 2 Dup N/A 9 McLean Street Red Deer, AB T4R 1T6 1 3 Dup N/A 19 McLean Street Red Deer, AB T4R 1T6 1 2 Dup N/A 21 Mclean Street Red Deer, AB T4R 1T6 1 3 Dup N/A 56 Mclevin Crescent Red Deer, AB T4R 1S9 1 3 Dup N/A 58 McLevin Crescent Red Deer, AB T4R 1S9 1 2 Dup N/A 64 McLevin Crescent Red Deer, AB T4R 1S9 1 3 Dup N/A 66 McLevin Crescent Red Deer, AB T4R 1S9 1 2 Dup N/A 45 MacKenzie Crescent Red Deer, AB T4R 1R6 1 3 Dup N/A 47 MacKenzie Crescent Red Deer, AB T4R 1R6 1 2 Dup N/A 57 MacKenzie Crescent Red Deer, AB T4R 1R6 1 2 Dup N/A 59 MacKenzie Crescent Red Deer, AB T4R 1R6 1 2 Dup N/A 69 MacKenzie Crescent Red Deer, AB T4R 1R6 1 2 Dup N/A 71 MacKenzie Crescent Red Deer, AB T4R 1R6 1 2 Dup N/A Red Deer 7 14 ASHC 52 Russell Crescent Red Deer, AB T4P 3C1 1 2 Dup N/A 54 Russell Crescent Red Deer, AB T4P 3C1 1 2 Dup N/A 56 Russell Crescent Red Deer, AB T4P 3C1 1 2 Dup N/A 58 Russell Crescent Red Deer, AB T4P 3C1 1 2 Dup N/A 44 Rutherford Drive Red Deer, AB T4P 2Z2 1 2 Dup N/A 46 Rutherford Drive Red Deer, AB T4P 2Z2 1 2 Dup N/A 52 Rutherford Drive Red Deer, AB T4P 2Z2 1 2 Dup N/A 54 Rutherford Drive Red Deer, AB T4P 2Z2 1 2 Dup N/A 31 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A 33 McCullough Crescent Red Deer, AB T4R 1S4 1 2 Dup N/A Appendix B Page 5 of 7

15 49 MacKenzie Crescent Red Deer, AB T4R 1R6 1 2 Dup N/A 51 MacKenzie Crescent Red Deer, AB T4R 1R6 1 2 Dup N/A 4601A - 46 Avenue Red Deer, AB T4N 3N2 1 4 HC Dup N/A 4601B - 46 Avenue Red Deer, AB T4N 3N2 1 4 HC Dup N/A Red Deer 8 (FCLS) 12 ASHC 187 Overdown Drive Red Deer, AB T4P 1W6 1 3 Dup N/A 193 Overdown Drive Red Deer, AB T4P 1W6 1 3 Dup N/A 82 Grant Street Red Deer, AB T4P 2L4 1 3 SF N/A 92 Grant Street Red Deer, AB T4P 2L4 1 3 Dup N/A 5 Griffiths Avenue Red Deer, AB T4P 2K6 1 3 Dup N/A 50 Gish Street Red Deer, AB T4P 2N7 1 3 SF N/A 31 Heath Close Red Deer, AB T4N 6L7 1 3 SF N/A 10 McCullough Crescent Red Deer, AB T4R 1S6 1 3 SF N/A 22 Campbell Avenue Red Deer, AB T4P 2W7 1 3 Dup N/A 120 Cosgrove Crescent Red Deer, AB T4P 2W5 1 2 Dup N/A 124 Cosgrove Crescent Red Deer, AB T4P 2W5 1 2 Dup N/A 32 Cameron Crescent Red Deer, AB T4P 2E1 1 3 Dup N/A Red Deer 9 (FCLS) 6 ASHC 301 Overdown Drive Red Deer, AB T4P 1W8 1 2 Dup N/A 2 Campbell Avenue Red Deer, AB T4P 2W7 1 3 Dup N/A 4 Campbell Avenue Red Deer, AB T4P 2W7 1 3 Dup N/A 18 Campbell Avenue Red Deer, AB T4P 2W7 1 3 Dup N/A 27 Campbell Avenue Red Deer, AB T4P 2W6 1 3 Dup N/A 14 Duncan Crescent Red Deer, AB T4R 1W4 1 3 SF N/A Red Deer 10 (FCLS) 128 Glendale Blvd Red Deer, AB T4P 2Z7 26 ASHC Apartment N/A Red Deer Avenue Red Deer, AB T4N 6V3 16 ASHC Townhouse N/A Red Deer , Avenue Red Deer, AB T4N 6V3 16 ASHC Townhouse N/A Sylvan Lake 1(FCLS) 6 ASHC Street Crescent Sylvan Lake, AB T4S 1K7 1 3 Dup N/A 54 Sylvan Drive Sylvan Lake, AB T4S 1J6 1 3 Dup N/A 11 Willow Street Sylvan Lake, AB T4S 1M1 1 2 SF N/A 18 Whitecap Close Sylvan Lake, AB T4S 1K1 1 3 SF N/A 46 Whitecap Close Sylvan Lake, AB T4S 1K1 1 3 SF N/A 52 Whitecap Close Sylvan Lake, AB T4S 1K1 1 3 SF N/A Rosewood 101, Avenue Red Deer, AB T4N 3S7 10 ASHC Apartment N/A Sylvan Lake R&N 80 Westview Drive Sylvan Lake, AB T4S 1H8 1 ASHC 3 SF N/A Innisfail 1(FCLS) 13 ASHC Appendix B Page 6 of 7

16 Street Innisfail, AB T4G 1R8 1 3 Dup N/A Street Innisfail, AB T4G 1G4 1 3 Dup N/A Street Innisfail, AB T4G 1E6 1 3 SF N/A Street Innisfail, AB T4G 1G4 1 3 Dup N/A Avenue Innisfail, AB T4G 1E9 1 3 Dup N/A Street Innisfail, AB T4G 1R8 1 2 Dup N/A Street Innisfail, AB T4G 1R8 1 2 Dup N/A Avenue Innisfail, AB T4G 1J1 1 3 Dup N/A Avenue Innisfail, AB T4G 1E8 1 3 Dup N/A Street Innisfail, AB T4G 1E8 1 3 Dup N/A Street Innisfail, AB T4G 1R8 1 3 Dup N/A Street Innisfail, AB T4G 1R8 1 3 Dup N/A Street Innisfail, AB T4G 1R8 1 2 Dup N/A Total units: 300 Housing Management Body Owned Vista Village 1206, Street Red Deer, AB T4N 0M6 1 RDHA 3 Town Douglas Place 101, Street Red Deer, AB T4N 2J2 9 RDHA Apartment N/A Total Units: 10 Appendix B Page 7 of 7

17 Consolidated Financial Forecast Summary Organization: Red Deer Housing Authority Amounts below will be transferred from input provided in the respective tabs (Social Housing, Lodge, Affordable Housing, Other Housing REVENUE 2016 Actuals 2017 Budget 2017 Forecast 2018 Forecast 2019 Forecast 2020 Forecast Rent 1,311, ,486, ,341, ,339, ,339, ,339, Resident Services 19, , , , , , Non Resident Services 54, , , , , , Other Revenue 220, , , , , , ASHC LAP grant (Lodge Only) Municipal Requisition (Lodge Only) Total Revenue 1,606, ,589, ,702, ,690, ,690, ,690, EXPENSES Human Resources 514, , , , , , Operating 113, , , , , , Food (Lodge Only) Operating Maintenance 407, , , , , , Utilities 673, , , , , , Taxes and Land Leases 10, , , , , , Administration 465, , , , , , Charitable Costs Other Expense Total Expenses 2,184, ,090, ,199, ,688, ,737, ,762, Net Excess (Deficiency) of Revenue over Expenses from Operations (577,515.00) (501,255.00) (496,848.00) (998,360.00) (1,047,236.00) (1,071,512.00) OTHER EXPENSES Interest costs Other 4, , , , , , Amortization 32, , , , , , Net Excess (Deficiency) (614,329.00) (538,069.00) (533,662.00) (1,035,174.00) (1,084,050.00) (1,108,326.00) Annualized Cost Pressures Year Account (list) Program (list) Description/Explanation Other Utilities Community Community Rental Revenue decreasing due to vacancy (units on hold maintenance funding issue) and client mix Significant Cost increases for Utilities 2018 Human Resources Community Community Supports Model Initiated plus one additional maintenance staff budgeted Appendix C Page 1 of 5

18 Financial Forecast Summary - Social Housing Organization: Red Deer Housing Authority REVENUE Seniors Self Contained Community Housing Municipally Owned Seniors Self Contained Community Housing Municipally Owned Rent 1,160, , ,330, , Resident Services 14, , , , Non Resident Services 53, , Other Revenue 124, , Total Revenue - 1,352, , ,343, , EXPENSES 2016 Actuals Human Resources 453, , , , Operating 82, , , , Operating Maintenance 363, , , , Utilities 597, , , , Taxes and Land Leases Budget Administration 415, , , , Other Expense Total Expenses - 1,912, , ,803, , Net Excess (Deficiency) of Revenue over Expenses from Operations - (559,277.00) (64,426.00) - (460,337.00) (80,000.00) Appendix C Page 2 of 5

19 Seniors Self Contained Forecast 2017 Community Housing Municipally Owned Seniors Self Contained Community Housing Municipally Owned Seniors Self Contained Community Housing Municipally Owned Seniors Self Contained Community Housing Municipally Owned 1,185, , ,185, , ,185, , ,185, , , , , , , , , , , , , , , , , , ,457, , ,447, , ,447, , ,447, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,918, , ,379, , ,425, , ,446, , (460,337.00) (80,000.00) - (931,970.00) (108,064.00) - (977,901.00) (110,614.00) - (999,178.00) (113,217.00) Appendix C Page 3 of 5

20 Financial Forecast Summary - Affordable Housing (If Applicable) Organization: Red Deer Housing Authority ****Vista Village*** **Single Condo Unit** REVENUE 2016 Actuals 2017 Budget Rent 8, , , , , , Resident Services Non Resident Services - Other Revenue Total Revenue 8, , , , , , EXPENSES Forecast Human Resources - 2, , , , , Operating Food (Lodge Only) Operating Maintenance 3, , , , , , Utilities 2, , , , , , Taxes and Land Leases 1, , , , , , Administration Charitable Costs Total Expenses 7, , , , , , Net Excess (Deficiency) of Revenue over Expenses from Operations 1, (483.00) (483.00) (1,152.00) (1,197.00) (1,243.00) OTHER EXPENSES Interest costs Other Amortization Net Excess (Deficiency) 1, (483.00) (483.00) (1,152.00) (1,197.00) (1,243.00) Appendix C Page 4 of 5

21 Financial Forecast Summary - Private Non Profit (If Applicable) Organization: Red Deer Housing Authority **Douglas Place** 55 street Handicapped Housing REVENUE 2016 Actuals 2017 Budget Rental Revenue 38, , , , , , Sundry Revenue 1, , , , , , Utilities Recovered Subsidy Assistance 85, , , , , , Total Revenue 125, , , , , , EXPENSES Forecast Human Resources 21, , , , , , Operating 10, , , , , , Operating Maintenance 15, , , , , , Utilities 10, , , , , , Taxes and Land Leases 8, , , , , , Administration 13, , , , , , Total Expenses 80, , , , , , Net Excess (Deficiency) of Revenue over Expenses from Operations 44, , , , , , OTHER EXPENSES 600 Replacement Reserve 4, , , , , , Amortization 32, , , , , , Net Excess (Deficiency) 8, , , , , , Appendix C Page 5 of 5

22 Appendix D: Capital Maintenance and Renewal Program Plan HMB: Red Deer Housing Authority Date: September 30, 2017 Note: include any energy savings or environmental considerations or opportunities associated with this Building Name Building Address ASHC Building ID Code Building Age Category (select from Drop-Menu) Description of Work Estimated Cost to complete the Work Priority Ranking (Level 1, 2 or 3) Environment sustainability (Climate Change) Condition of Facility (FCI) or Good, Fair, Poor Red Deer 1 Hepworth and Horn 15 units years Capital Maintenance replace flooring $ 97, poor Red Deer 1 Hepworth and Horn 4 units years Capital Maintenance replace siding $ 36, Eco-siding poor Red Deer 1 Hepworth and Horn 6 units years Health and Safety replace furnaces $ 21, high-efficiency fair Red Deer 2 Overdown 4 units years Health and Safety replace front steps $ 11, poor Red Deer 2 Overdown, Nash, Niven 18 units years Health and Safety replace HWT $ 21, poor Red Deer 2 Overdown and Nichols 10 units years Capital Maintenance replace fences $ 65, chain link fair Red Deer 2 Overdown, Newton, Niven, 37 units years Capital Maintenance windows and doors $ 56, fair Red Deer 2 Overdown 2 units years Health and Safety furnace replacement $ 7, high-efficiency poor Red Deer 3 Northey 14 units years Capital Maintenance replace fences $ 80, chain link fair Red Deer 3 Baird 11 units years Capital Maintenance replace front step $ 16, poor Red Deer 3 Baird 7 units years Capital Maintenance replace sidewalk $ 21, poor Red Deer 3 Baird 14 units years Capital Maintenance replace entry doors $ 22, poor-fair Red Deer 3 Baird 2 units years Health and Safety replace furnaces $ 7, high-efficiency poor Red Deer 3 Baird and Northey 4 units years Health and Safety replace HWT $ 5, poor Red Deer 4 Grant and Goodall 19 units years Capital Maintenance replace fences $ 68, poor Appendix D Page 1 of 4

23 Red Deer 4 Grant and Goodall 20 units years Capital Maintenance replace entry doors $ 30, fair Red Deer 4 Grant 4 units years Health and Safety replace sidewalk $ 7, poor Red Deer 4 Grant and Goodall 6 units years Health and Safety replace HWT $ 7, poor Red Deer 5 Grant and Goodall 20 units years Capital Maintenance replace fences $ 80, poor Red Deer 5 Grant and George 4 units years Capital Maintenance replace siding $ 28, Eco-siding fair Red Deer 5 Goodall, George and Grant 4 units years Capital Maintenance replace shingles $ 10, fair Red Deer 5 Grant, Goodall etc. (complete project) 24 units years Capital Maintenance windows and doors $ 120, poor to fair Grant, George Gordon 14 Red Deer 5 units years Health and Safety replace HWT $ 15, poor Red Deer 6 McCullough, Mackenzie 14 units years Capital Maintenance replace fences $ 64, poor Red Deer 6 Mackenzie 5 units years Capital Maintenance replace sidewalk $ 15, poor-fair Mackenzie, McCullough 18 Red Deer 6 units years Capital Maintenance windows and doors $ 90, poor- fair Red Deer 6 Mackenzie, McLean 10 units years Health and Safety replace HWT $ 13, poor Red Deer 7 Russell, Rutherford 14 units years Capital Maintenance replace fences $ 56, fair Red Deer 7 Russell, Rutherford 14 units years Capital Maintenance windows and doors $ 84, poor Red Deer 7 Russell, Rutherford 7 units years Capital Maintenance replace HWT $ 9, poor Red Deer 8 (FCLS) Grant, Cosgrove 6 units unknown Capital Maintenance replace fences $ 36, poor Red Deer 8 (FCLS) Overdown 1 unit unknown Capital Maintenance replace sidewalk $ 5, Red Deer 8 (FCLS) Grant and Overdown unknown Capital Maintenance shingles $ 15, fair Red Deer 8 (FCLS) Grant, Cosgrove 9 units unknown Capital Maintenance windows and doors $ 45, poor Appendix D Page 2 of 4

24 Red Deer 8 (FCLS) Gish, Campbell, Cosgrove 3 units unknown Health and Safety replace furnaces $ 10, high-efficiency poor Red Deer 8 (FCLS) Gish, Campbell, Cosgrove 2 units unknown Health and Safety replace furnaces $ 7, high-efficiency fair Red Deer 8 (FCLS) Grant and Griffiths 4 units unknown Health and Safety replace HWT $ 5, poor Red Deer 9 (FCLS) Campbell and Duncan 4 units unknown Capital Maintenance replace fences $ 14, poor Red Deer 9 Campbell and Overdown 4 (FCLS) units unknown Capital Maintenance windows and doors $ 21, fair Red Deer 10 Glendale Apt 19 units unknown Capital Maintenance kitchen cabinets $ 100, fair Red Deer 10 Glendale Apt 19 units unknown Health and Safety flooring $ 49, fair Red Deer Avenue years Capital Maintenance windows $ 70, poor to fair Red Deer , Avenue years Capital Maintenance windows $ 75, poor to fair Red Deer , Avenue years Health and Safety replace furnaces $ 21, high-efficiency poor Sylvan Lake 1 (FCLS) Sylvan Lake 1 (FCLS) Whitecap Close, Willow Cres. 6 units Whitecap Cl., Willow Crec. 3 units foreclosures Capital Maintenance windows and doors $ 40, poor 1989 foreclosures Capital Maintenance siding $ 39, Eco-siding poor to fair Sylvan Lake 1 (FCLS) Whitecap, Willow 5 units foreclosures Capital Maintenance replace fences $ 20, poor Innisfail St. 11 units years Capital Maintenance replace fences $ 69, poor Innisfail St. 10 units years Capital Maintenance windows and doors $ 60, poor Innisfail St. 2 units years Capital Maintenance shingles $ 6, Innisfail St. 3 units years Health and Safety replace furnaces $ 10, poor Appendix D Page 3 of 4

25 Red Deer Municipal Osbourne 24 units years Capital Maintenance new exterior siding $ 162, Eco-siding poor to fair Red Deer Municipal Osbourne 5 units years Capital Maintenance replace HWT $ 6, fair Handicapped Housing Street takeover 2008 Capital Maintenance Rosewood Manor Avenue years Capital Maintenance parking lot re-surfacing $ 10, poor Rosewood Manor Avenue years Capital Maintenance siding $ 40, Eco-siding fair Rosewood Manor Avenue years Health and Safety replace boiler $ 8, fair Sylvan Lake R&N 1 80 Westview Drive 1 unit years Capital Maintenance replace fence $ 8, poor TOTAL $ 2,120, Appendix D Page 4 of 4

26 BUSINESS PLAN APPENDIX E - PROPOSED MAJOR CAPITAL PROJECT Section 1: Applicant Details Organization name Red Deer Housing Authority Project name Project location Project priority New Social Housing To be confirmed #1 #2 #3 Section 2: Proposal A Project Name Civic Address New Social Housing Supply To be confirmed Municipality Red Deer Province Alberta Postal Code B Construction Type (more than one type may be applicable) Demolition and Rebuilding Major Renovations New Construction Type of Building C Row House Lodge Low-Rise Apartment High-Rise Apartment Other (specify) Which of the following are included in the monthly rent? D Electricity Heat Cable Other (specify) Water & Sewer Has an environmental assessment or concept study been carried out? Yes No If yes, please outline the findings and what, if anything, has been done to remedy issues. Attach any reports. The Red Deer Housing Authority, through the Bethany Group has done a preliminary analysis to add 50 new social/affordable housing in Red Deer, This includes looking at redevelopment of one of the Municipally ownedcommunity Housing sites, at provincially owned land adjaccent to Michener Center, and- or on the old Nursing Home site owned by the province that will be used for the new Piper Creek Seniors Facility. The RDHA anticipates the City of Red Deer will transfer ownership of the 24 units of Municipally owned Community housing to enable the properties to be renewed, including replacement and adding new supply. This land, as well as the other publicly controlled assetts would provide the land capacity within current Municipal Zoning and Land use to add up to 50 units over the next 5 years. The developments could be phased over all sites under 3 seperate projects. E 1 Appendix E Page 1 of 3

27 Section 3: Housing Need-and-Demand Assessment Provide any information that demonstrates the need for the project. The current waiting lists for RDHA social housing and rent supplements has grown by over 100 apllicants in the last 12 months - or by over 20%. The economic downturn and limited social and affordable housing development in the community over the last 3 decades supports the increasing need to add new supply. The City of Red Deer has the 7th highest incidence of Core Housing needs of 22 major centers surveyed by Canada Mortgage and Housing Corporation. Section 4: Capital Cost ESTIMATE ONLY Item Below Market Units Market Units / Commercial Total Land Construction Contract Services $ 11,250,000 $ 1,250,000 $ 12,500,000 Renovation Appliances/Equipment /Furniture $ 112,500 $ 12,500 $ 125,000 On-site servicing $ 75,000 $ 25,000 $ 100,000 Landscaping $ 50,000 $ 15,000 $ 65,000 Paving $ 65,000 $ 20,000 $ 85,000 Architect Fees $ 720,000 $ 90,000 $ 810,000 Audit/Legal Fees/Project Management $ 125,000 $ 25,000 $ 150,000 Municipal Fees $ 50,000 $ 10,000 $ 60,000 TOTAL ESTIMATED CAPITAL COST $ 12,447,500 $ 1,447,500 $ 13,895,000 Section 5: Funding Sources - ESTIMATE ONLY List all expected funding sources such as financing. Names of Funding Sources Below Market Units Market / Commercial Total HMB Equity Contributions Bank Loan Expected provincial funding $ 12,447,500 $ 1,447,500 $ 13,895,000 Municipal Contribution (specify) Donation(s) Other (specify) Other (specify) *Total Funding Sources $ 12,447,500 $ 1,447,500 $ 13,895,000 *Must equal Total Estimated Capital Cost of Project in Section 4. 2 Appendix E Page 2 of 3

28 Section 6: Preliminary Project Budget - ESTIMATE ONLY Using the format below, please provide a Project Budget based on a twelve-month projection. Forecasted Annual Revenues Lodge Seniors Self- Contained Community Housing Affordable Housing Market / Commercial Total Number of Units Rents $ 216,000 $ 66,000 $ 282,000 Requisition/AHS KP Mortgage Total Forecasted Revenues Forecasted Annual Expenses $ 216,000 $ 66,000 $ 282,000 Administration $ 54,000 $ 6,000 $ 60,000 Operating $ 81,000 $ 9,000 Maintenance $ 40,500 $ 4,500 $ 90,000 $ 45,000 Debt Servicing Insurance $ 5,000 $ 1,500 $ 6,500 Property Taxes Replacement Reserve Utilities $ 108,000 $ 12,000 $ 120,000 Other (specify) Total Forecasted Annual Expenses Estimated Annual Surplus/ (Deficit) $ 288,500 $ 33,000 $ 321,500 $ (72,500) $ 33,000 $ (39,500) Section 7: Additional Information The project would be developed as a provincially owned assett of current publicly owned lands. The capital funding requested would be the total costs, exclusive of the land acquisition costs. In 2018, planning funds of $100,000 would be required to complete a Business Case, that would confirm best site(s), building design and financing strategies. 3 Appendix E Page 3 of 3