of the acquisition of the building and/or any rehabilitation work required, the Service Manager must demonstrate the additional funding sources being accessed to complete the project.
Funding for conversion and other projects will be based on the following instalments:
-
50 per cent at signing of the Contribution Agreement and submission of mortgage security registration or alternate form of security that is acceptable to the ministry;
-
40 per cent at confirmation of 50 per cent construction completion; and
-
Remaining upon confirmation of completion no later than December 31, 2021.
3.5.6 Reporting
Service Managers must complete a Project Information Form through the TPON System supplemented by regular milestone updates in TPON, along with detailed construction/acquisition/rehabilitation progress reports to MMAH contacts describing project progress and potential issues of concern that might delay or jeopardize the project.
Service Managers must also submit signed project checklists and documentation in the TPON System as follows:
-
For acquisition projects, registration of mortgage security or an alternate form of security;
-
Confirmation of Project Start (for conversion and other projects);
-
Confirmation of Project Completion; and
-
An Audited Financial Statement for the project within six months following project completion initial occupancy date, or such additional time acceptable to MMAH.
Project Information Forms will require Service Managers to report on the following information for performance indicators:
-
Number of new facilities/housing (and number of units) created (i.e. acquisition, conversions, modular units) by type of housing; and
-
Vulnerable population group(s) targeted for the housing project.
| Housing Type | # facilities | # units |
|---|---|---|
| Transitional housing | ||
| Supportive housing | ||
| Permanent, long-term housing | ||
| Other |