Page 9 - 2015 CHC Annual Report

Windsor Essex CHC 2015 Annual Report www.wechc.com 9

BRICK BY BRICK

OUR CORPORATION THROUGH OUR
PROPERTY MANAGEMENT AND
ASSET MANAGEMENT DEPARTMENTS
ISSUED 14,300 WORK ORDERS FOR
MAINTENANCE AND REPAIRS IN 2015,
OR APPROXIMATLEY 57 EACH WORKING
DAY.

Operational Highlights

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R$e7p.1aimrsiallniodnSOeprveircaetsional $ 7.5 million in Utilities
$Ta6x.8esmillion in Municipal
$u3n.d1emrtailklieonn Capital Projects
$ 5.6 million in Salaries,
Benefits and Wages

VACANCY RATES STABILIZED Windsor Essex CHC 2015 Operational Highlights

CANADA MORTGAGE AND HOUSING CORPORATION (CMHC) 732 residents moved into, or transferred within our
FALL 2015 RENTAL MARKET SURVEY properties (subsidized and market units).
The average vacancy rate in the Windsor CMA, for all primary CHC processed 96 internal transfers.
rental market apartments stabilized at 3.9 per cent after declin- Property Management is responsible for ensuring resi-
ing for several years. dents comply with their lease agreement. At times,
Average rent for a two-bedroom primary rental market apart- CHC may need to begin legal action with the Landlord
ments common to the survey in 2014 and 2015 increased by Tenant Board (LTB).
2.6 per cent. In 2015, CHC initiated 227 LTB actions against over-
all tenancies. CHC implements numerous proactive
Windsor Essex CHC 2015 Vacancy rate and Turnovers measures, involving our Community Relations Work-
ers, District Teams and when needed service agencies.
Our vacancy rate for the entire CHC portfolio stood at 4.3% for 79 became evictions and 12 were cancelled. 30% of all
the year. Our consolidated turnover rate (1 bedroom, 2, bed- LTB actions resulted in eviction.
room, 3, bedroom, 4 plus bedroom) for the year is 15.8 %. Our
highest turnover percentage is with our bachelor units (30.6%)
while our 1 bedroom turnover is lowest at 14.8%. Our 2, 3, 4+
bedroom units range between 16.0 % - 16.8%.