Promoting Community Growth through Asset Management: Detailed Condition Assessments of Housing Assets
In 2018, CIRNA (Crown-Indigenous Relations & Northern Affairs Canada) requested that Radloff apply its 20+ years of asset and infrastructure assessment experience to help six communities begin developing a long-term housing solution. This solution came in the form of detailed condition assessments of all the housing assets within each community, along with a 35-year asset management plan which could act as a road map for future growth and planning.
In order to complete such a massive undertaking, a team of inspectors was sent to meticulously examine and record information about every property within each community. These inspectors identified upgrade, repair, and replacement needs, and generated asset valuation reports which reflected the replacement costs and remaining life of individual components within each asset.
Armed with this detailed information, each community now has a valuable tool to promote self-sustainability and long-term growth.