Strategic Planning for Redevelopment & Partnership Models Presented by: Kevin Albers, CGA, CAFM – Chief Executive Officer
About Us Our Mission To provide affordable and appropriate homes primarily for Aboriginal people on Vancouver Island, and to enhance community partnerships.
About Us Our Vision To provide homes primarily for Aboriginal people, where they can have pride and feel connected to traditional values and a community.
About Us The Society was originally established to provide safe, affordable housing for families of First Nations ancestry who were in core need of housing in urban centres on Vancouver Island. Since that time the Society and its mandate have expanded into what is now the M’akola Group of Societies, consisting of seven Societies.
About Us Our development division is the Mis’kow’aao Development Society We were incorporated March 18 th, 1988 as a Non-Profit Society We specialize in project development, and property management services for market and non-market developments
Strategic Planning In 2005 the Board developed a Comprehensive Strategic Plan – defining our areas of focus and effort from 2006 to 2010 Redefining our focus leads us to maximize and leverage our existing assets and abilities to meet our Mission and Vision
Strategic Planning M’akola’s 5 Strategic Goals: 1.Provide Quality Housing; 2.Enhancing Partnerships; 3.Addressing Human Resources; 4.Strengthening Governance; 5.Ensuring Sustainable Funding.
Experience 867 housing units under management $9.85M Annual Operating Budget $148M assets under ownership (excludes 230 units managed but not owned by M’akola) 65 Full-Time Employees
Recent Projects 60 units: Assisted Living/Independent Living BC Housing and Health Care Project – City of Langford, BC Youth at Risk: 6 bed, “Youth at Risk” project – Victoria Native Friendship Centre
Current Projects 50 unit: Assisted Living/Independent Living, BC Housing and Vancouver Island Health Authority Health Care Project – Cowichan Tribes Partnership – Design Stage 48 unit: Affordable Rental – City of Langford – Initial Concept Stage - Goldstream
Current Projects 40 unit: Affordable Rental – City of Colwood – Initial Concept Stage – Sooke Road 48 unit: Affordable Rental – City of Langford – Initial Concept Stage – Awesworth Road
Challenges Housing Programs and Developments Opportunities Construction Costs Increased Construction Standards – LEED’s Resource Availability Capacity Timelines
Strategic Partners BC Housing Proposal Development Funding Capital Grants, (AHI) On-Going Programs (Subsidy) Preferential Financing CMHC Seed Funding
Strategic Partners Health Authorities Operational Funding Municipalities Land Taxes (10 year tax holiday) DCC’s All related Development Fees Affordable Housing Funds
Strategic Partners Private Donor’s CA$H Land
Best Results Engagement Control Commitment Involvement Ownership
Best Results M’akola sees distinct advantages to being engaged, committed, and involved in every aspect of Development M’akola has demonstrated that taking control and an ownership interest results in the best projects
Good News Construction Cost declining Federal and Provincial Commitments to Housing More Awareness Municipalities are INVOLVED and ENGAGED
Future Opportunities Further densification of existing developments New opportunities to Partner with On-Reserve communities to increase the supply of Affordable/Aboriginal housing solutions Increasing capacities and internal resources
Our Passion Increasing the Capacity of Aboriginal, appropriate, affordable housing is our passion!
Contact Information Website: Phone: Ext