Non-profit housing savings not reinvested as required.Savings in affordable housing costs, achieved by expired ex·pire
v. ex·pired, ex·pir·ing, ex·pires
1. To come to an end; terminate: My membership in the club has expired.
2. nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.
Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. agreements and declining mortgage rates, are not being reinvested as required by the Parliament.
Instead annual funding for affordable housing has declined by $700 million, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. a report by the Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. Housing Renewal Association. The CHRA CHRA Canadian Human Rights Act
CHRA Combined Harare Residents' Association (Zimbabwe)
CHRA Civilian Human Resources Agency (US Army)
CHRA Colorado Human Resource Association argues that the government should not reduce expenditures on affordable housing.
Sharon Chisholm, Executive Director of CHRA says, "It's crucial for the government to commit to keeping current funding levels in place. There's much more to be done, but this first step will keep Canada's existing community housing affordable and in good shape--and start new housing for those in core need."
The CHRA, which represents most community based nonprofit housing groups, calls on the federal government to use the coming Throne throne, chair of state or the seat of a high dignitary. The throne was at first a stool or bench and later became an ornate armchair, usually raised on a dais and surmounted by a canopy. Speech to commit to maintain the current investment in community housing.
The report, Where's the Money Gone? An Analysis of Declining Government Housing Expenditures. was prepared by housing analyst Steve Pomeroy. It shows that annual spending on affordable housing has been in a sharp and steady decline since the early 1990's, falling from a peak in 1993 to a low in 2002.
The report says that the provisions of both the 1993 and 1996 budgets required that savings be reinvested in social or affordable housing. However, the reinvestments have not been made. www.chra-achru.ca