Page 7 - Defining New Ways - CHC Annual Report 2018

The City of Windsor provides 6958 units of social
housing in Windsor Essex County. The legislated
Service Level Standard for Rent-Geared-to-Income
(RGI) housing for our service area is 5,726 RGI units.

CHC manages 68%
of all RGI housing
in Windsor Essex,
as one of 34
housing providers.

12,000 RESIDENTS BUDGET EXPENDITURE
$40.7M
Making homes in 732 buildings
with an asset replacement value of $605M. $9M in Materials and Services
$6.9M in Salaries, Wages and Benefits for a staff
complement of 88 full time employees
OPERATING & CAPITAL $6.9M in Municipal Taxes | $1.0M in Insurance Premiums
BUDGET $12.2M

Operating and Capital budget outlines CHC's plan to fund and REVENUES $50.8M
manage CHC's day to day activities and provide quality living
environments for residents. Achieved through capital Rental Revenue $21.5M
improvements, unit rehabilitation, life cycle management Operating Subsidy $12.8M
and community strengthening. $12.2M spent includes capital
and materials and services expenditures on kitchen Rental Supplement $1.8M | Capital Subsidy $3.2M
restorations, civil projects, elevator modernization, unit Other $9.9M includes one- time funding for capital projects,
restoration, maintenance, property maintenance, mechanical solar, rooftop antenna rentals, parking and laundry
work and pest control.

CHC continually monitors our financial position and provides regular updates to the Board of Directors. In compliance with the
Ontario Business Corporations Act, KPMG, the appointed auditors for CHC, completed an audit of our financial position for the period
of January 1, 2018 to December 31, 2018.
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CHC ANNUAL REPORT