Topic:"Affordable Multifamily Housing And Non Profit Organizations Amf" in M09689

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019 (IN THOUSANDS) 2019. Effective August 6, 2019, the Corporation also entered into a multiyear fee-for-service agreement with the Province of Nova Scotia to continue to p...

AI summary In 2019, the Corporation entered into a multiyear fee-for-service agreement with the Province of Nova Scotia to provide services to Mi'kmaw communities. A lump sum payment of $1,500 was received, with remaining fees to be received quarterly until March 31, 2023.

12. CONTINGENCIES The Corporation has an agreement with NS Power to extend financing to certain Business, Non-Profit and Institutional ("BNI") customers participating in either the Small Business Energy Solutions, Affordable Multi-Family H...

AI summary The Corporation has an agreement with NS Power to provide financing to BNI customers participating in various energy programs. The Corporation is contingently liable for defaults on these financing arrangements, with a total balance of $3,164 at December 31, 2019.

James R. Gogan Direct Dial: (902) 563-5920 E-Mail: [email protected] File No. 41736 April 21, 2020 Nova Scotia Utility & Review Board PO Box 1692, Unit "M" Halifax, Nova Scotia B3J 3S3 Attention: Doreen Friis, Regulatory Affairs Offic...

AI summary EfficiencyOne is submitting compliance filings to the Nova Scotia Utility & Review Board, including audited financial statements for 2019 and a compliance report on its Affiliate Code of Conduct. The filings are requested to be treated as confidential by the Board.

Request IR-6: - 21 Regarding EfficiencyOne Audited Financial Statements, Note 12, Contingencies: - 22 The balance at December 31, 2019 of total financing extended was $3.2 million, up from $2.6 - 23 million at December 31, 2018. This finan...

AI summary The text discusses the increase in financing extended by EfficiencyOne to BNI customers under various programs, approved by NS Power, and requests clarification on the nature of the financing, whether the amount shown is gross or net, and the likelihood of defaults on outstanding principal.