Page 12 - 2015 CHC Annual Report
P. 12

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  HIGHLIGHTS

           CHC operates within the parameters of the Housing Services Act (HSA) established by the
           province of Ontario. CHC’s primary source of revenue is derived from tenant rents rep-
           resenting 49% percent of our annual revenue. Approximately 44% of CHC’s expenditures
           include utilities, property taxes and insurances. CHC provides approximately 75% of all Rent-
           Geared-To-Income units in Windsor and Essex County.

       SENIORS NON-PROFIT             PUBLIC HOUSING              FAMILY NON-PROFIT
       HOUSING                                                    HOUSING
                                3538 units
597 units                       Municipally Funded.         573 units
No municipal funding from       City/County weighted        Municipally Funded.
City/County or other            assessment 67% city and     City/County weighted assess-
government funding.             33% county.                 ment 67% city and 33% county.
Operates at a break even basis  100% rent-geared-to-income  Uses a funding formula.
                                (RGI)                       Combination of market rent &
                                                            rent-geared-to-income (RGI)

                                4,231 units in Windsor and 476 in Essex County. CHC
                                delineates housing for seniors, adults and families as
                                follows:

                                                  Seniors & Adult Portfolio
                                                 2350 1 bedroom-bachelor

                                                        3,875 RGI Units
                                        833 market and affordable income units.

                                                       Family Portfolio
                                   2350 units of 2,3,4,5 bedroom units for qualifying

                                                           individuals
                                We also administer the rent supplement program
                                in over 300 private market rent units.
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