OPERATING IN A CONSTRAINED ENVIRONMENT The pressures facing KHI mirror those seen across the affordable housing sector, though they are often more immediate at the local level. Demand continues to rise, while the cost of delivering and maintaining housing has increased across nearly every category. Alani describes the organization as managing “aging housing stock” alongside “significant capital needs,” while also pursuing an “ambitious growth strategy.” This creates a dual requirement: reinvest in existing properties while identifying opportunities to expand. Both objectives are affected by broader market conditions, including rising construction costs, insurance, utilities, and ongoing uncertainty tied to labour shortages and material pricing. At the same time, tenant needs have become more complex. Housing providers are increasingly responding to challenges that extend beyond housing itself, including mental health pressures and reduced access to community supports. An aging tenant population introduces additional requirements for accessibility and retrofits, particularly for those seeking to remain in place over the long term. 7
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