PEEL HOUSING CORPORATION

BOARD OF DIRECTORS

M I N U T E S    PHC-2015-6

October 1 , 2015

The Board of Directors of Peel Housing Corporation met on Thursday, October 1, 2015 at 8:40 a.m., in the Peel Conference Centre, 1st Floor, Regional Administrative Headquarters, 10 Peel Centre Drive, Suite A, Brampton.

     
Directors Present: D. Austin; C. Fonseca; V. Hall; G. Miles; E. Moore; P. Palleschi; B. Shaughnessy
   
Directors Absent: F. Dale (other municipal business); S. Elias; R. Mendis
   
Also Present:
G. Bursey, Acting Commissioner of Human Services, Region of Peel; M.S. Mwarigha, General Manager; D. Bingham, Treasurer; J. Arcella, Deputy Treasurer, B. Colavecchia, Manager, Housing Operations and Tenancy Management; M. MacCrae, Manager, Housing Operations and Tenancy Management; P. O’Connor, Corporate Counsel; K. Lockyer, Regional Clerk; A. Macintyre, Corporate Secretary; C. Law, Deputy Corporate Secretary
__________________________
* See text for arrivals
¨See text for departures

Chaired by President P. Palleschi.


1. DECLARATIONS OF CONFLICTS OF INTEREST – Nil

 

2. APPROVAL OF MINUTES

2.1. Minutes of the Board of Directors Meeting (PHC-5/2015) meeting held on September 3, 2015

Moved by Director Moore,
Seconded by Director Miles;

That the September 3, 2015 Peel Housing Corporation (PHC-5/2015) Board of Directors Meeting minutes be approved.

Carried 2015-39

 

3. APPROVAL OF AGENDA

Moved by Director Miles,
Seconded by Director Moore;

That the agenda for the October 1, 2015 Peel Housing Corporation Board of Directors meeting be approved.

Carried 2015-40

 

4. REPORTS

4.1. Semi-Annual Financial Report - June 30, 2015 (Unaudited)
Presentation by David Bingham, Treasurer and Director, Corporate Finance

Received 2015-415

David Bingham, Treasurer, Peel Living, provided the Board with unaudited financial information up to June 30, 2015. He highlighted information regarding the Corporation’s operating, reserves, capital and debt.

In response to questions from Director Hall, David Bingham stated that loans from the Service Manager are extending the life of Peel Living’s housing assets past the end of their current operating agreements. He noted that the loans are smaller and not overly burdensome to service. M.S. Mwarigha, General Manager added that most loans are staggered to around 2020 when options for financial viability will have been examined in greater detail by the Board, likely providing different options in the future.

In response to questions from Director Austin, Mary Jo MacCrae, Manager, Housing Operations and Tenancy Management stated that the total arrears write-off for Peel Living is around $300,000 annually. Director Austin inquired if staff had noticed any trends occuring in arrears over the years. M.S. Mwarigha stated that this information would be included in an upcoming report.

 

Item 7 was dealt with.

7. GENERAL MANAGER'S UPDATE

M.S. Mwarigha, General Manager, Peel Living, introduced the Board members to Gayle Bursey, Acting Commissioner of Human Services for the Region of Peel.

M.S. Mwarigha provided updates regarding several phases of the Business Transformation Project currently underway. He stated that consultants have begun work on the Service Model Review and Financial Viability phases and will report back to the Board later in the year; while the Tenant and Community Value Model update is likely to be ready in the new year.

 

Item 5.2 was dealt with.

5. DELEGATIONS

5.2. Rob Young, Chief Executive Officer, Helena Partnerships, Providing Information on the Transformation Journey of Helena Partnerships (2002-2015)

Rob Young, Chief Executive Officer, Helena Partnerships, provided the Board with his experience working for a housing association in the United Kingdom. He highlighted many distinct features of the housing association’s experience over many years including many aspects of UK government policy such as ‘tenancy for life‘ provisions, ‘right-to-buy‘ rules, social enterprise actions in response to housing reform and cost reductions by the federal government.

In response to questions from Director Miles, Rob Young stated that Helena Partnerships has made profits for its social purposes through its commercial services arm, where internal contractors are outsourced to other housing provider projects, and joint-ventures with other housing associations are undertaken in the areas of green technology and lending to private rental companies. He noted that they have experienced cost savings due to energy efficiency investments, however, educating tenants on the advantages remains a challenge.

In response to questions from President Palleschi, Rob Young advised that the ability to sell larger underutilized housing units to the private market can be an advantage but needs to be carefully managed. He stated that the Netherlands uses an integrated product delivery system that has been very successful at properly managing a constantly evolving housing stock.

In response to a question from Patrick O’Connor, Corporate Counsel, Peel Living, Rob Young stated that the local municipal authority and the housing association operate quite independent and separate, with a detailed agreement on where and how they interact. He noted this has helped all of the Board members focus only on housing issues without fear of political interference. He added that there are still difficulties, however, criteria to measure Board performance, as well as remuneration for Board members has gone a long way to help professionalize the housing business.

Director Moore departed at 10:07 a.m.
President Palleschi departed at 10:20 a.m.

Quorum was lost at 10:20 a.m.

A quorum of voting members was not present, and in accordance with section III-4(g) of the Region of Peel Procedure By-law 100-2012, the Peel Housing Corporation Board of Directors continued to receive information. The following are summary notes of the information presented.

Vice-President Miles presided.

 

5. DELEGATIONS

5.1. Brian Bowen, Senior Planner, planningAlliance, Providing an Update on Planning Process at Twin Pines

Brian Bowen, Senior Planner, planningAlliance, provided the Board with information related to the progress made at the Twin Pines site in Mississauga. He stated that he hopes to involve interested Board members in at least one planning workshop to allow for greater understanding of the current issues. He noted a fuller presentation on various issues and options will be provided at the next meeting.

5.2. Rob Young, Chief Executive, Helena Partnerships, Providing Information on the Transformation Journey of Helena Partnerships (2002-2015)

This item was dealt with earlier in the meeting

 

6. COMMUNICATIONS - Nil

 

7. GENERAL MANAGER'S UPDATE

This item was dealt with earlier in the meeting

 

8. IN CAMERA MATTERS - Nil

 

9. OTHER BUSINESS - Nil

 

10. NEXT MEETING

Thursday, November 5, 2015, 8:30 a.m. – 10:30 a.m.
Peel Conference Centre, 1st Floor
Regional Administrative Headquarters
10 Peel Centre Drive, Suite A
Brampton, Ontario

 

11. ADJOURNMENT

As a quorum of voting members was not again achieved and as all business had been reviewed, in accordance with section Ill-4(d) of the Region of Peel Procedure By-law 100-2012, the meeting stood adjourned at 10:36 a.m.