Why This Audit Matters The City’s home ownership assistance program (the “Program”) helps provide affordable home ownership opportunities for residents. With limited funding available to address its housing priorities, it is important for the City to ensure that the Program is having the desired positive impact on people’s lives and accomplishing its housing objectives. By […]
The adoption of certain recommendations contained in this report will strengthen internal controls and result in efficiencies, cost savings and additional revenue. It is anticipated that potential additional annual revenue in the range of $550,000 to $1,000,000 primarily from increased provincial subsidies, could be generated. The extent of future cost savings is not determinable at […]