An Audit of BC Housing’s Non-Profit Asset Transfer Program

Date: March 30, 2017

In 2013, the Ministry of Natural Gas Development and Responsible for Housing established the Non-Profit Asset Transfer (NPAT) program as part of its Housing Matters BC Strategy update. The program involves the transfer of select provincially-owned land and building assets to the non-profit housing sector.

This report looks at whether:

– The Ministry Responsible for Housing has demonstrated that the potential benefits of the NPAT program outweigh its costs and risks.

– The BC Housing Management Commission has managed implementation of the NPAT program to achieve program objectives.

BC Housing’s Non-Profit Asset Transfer Program Audit Report (PDF)

News Release (PDF)

This report was discussed by the Legislative Assembly’s Select Standing Committee on Public Accounts on January 31, 2018.

Video:

Cover of BC Housing's Non-Profit Asset Transfer Program Audit report with image of apartment high-rise building.