Housing Regulation 2015

This section applies to a HIF provider.

The HIF provider must keep, and implement, a management plan (an asset management plan) for each of the HIF provider’s funded properties.

The purpose of an asset management plan is to—

maintain the long-term viability, and value, of the funded property; and

ensure the funded property is appropriate for—

the type of housing service the HIF provider provides; and

the needs of people using the housing service; and

the circumstances in which the HIF provider provides the housing service.

An asset management plan must include financial strategies for the plan’s implementation.

If the chief executive requests a copy of an asset management plan, the HIF provider must comply with the request.