Component: Adults' DS Community Support Services

Legislation: Ministry of Community and Social Services (MCSS) Act

Service objectives

The objectives of debt retirement funding are to provide financial resources to transfer payment agencies to retire outstanding debt.

Service description

People served

Debt Retirement will ensure that adults with a developmental disability will receive services and supports from transfer payment agencies that are free of outstanding debt.

Program/service features

Specific service provided

Debt Retirement funding is provided to transfer payment agencies on a time limited basis to pay-off outstanding debt such as a mortgage or other long-term loan provided to the agency against assets.

Program goals

Time limited funding is provided to pay-off outstanding debt.

Ministry expectations

Agencies receiving debt retirement funding will reduce their operating costs by the reduction of monthly payments for debt servicing costs.

Reporting requirements

The following service data will be reported on at an Interim and Final stage. Please refer to your final agreement for report back due dates and targets.

Service Data NameDefinition

Debt Retirement: Ministry- funded Agency Expenditures

Total ministry-funded expenses for the Transfer Payment Recipient to administer and/or deliver this service in the reporting year (cumulative).