|Date Issued||Effective Date|
|June 30, 2005||Immediately|
The policies and procedures in this City Guideline are to be implemented under the following programs.
|X||Housing Providers, Section 103 & 106|
|Federal Non-Profit Housing, Section 26/27|
|X||Federal Non-Profit Housing, Section 95|
|Rent Supplement Programs for Sections 26, 27, 95 and New Affordable Housing Providers|
|Toronto Community Housing Corporation|
Please note: If your program is not checked, this City Guideline does not apply to your project.
Each year, all housing providers must submit an Annual Information Return (AIR) to the City of Toronto. In the past, housing providers have also had to get two supplementary reports from their auditors and submit them with the AIR. Those reports were the “Auditors’ Derivative Report” and the “Auditors’ Report on Financial Information Contained in the Annual Information Return”.
The Canadian Institute of Chartered Accountants has recently advised Chartered Accountants that they should no longer issue derivative reports.
If you have any questions, please contact your Housing Consultant or HSS:
Housing Stability Services
Shelter, Support & Housing Administration
City of Toronto
Metro Hall, 55 John Street, 6th floor
Toronto, ON M5V 3C6