Our Organization

homeEd provides affordable rental units including apartments and townhouses throughout Edmonton.

In 1977, City Council passed Bylaw 5107, A Bylaw to provide for the incorporation of a Non-Profit Housing Corporation. This Bylaw authorized City Administration to arrange for the incorporation of homeEd with the City of Edmonton as the sole Shareholder.

homeEd currently owns and operates 19 properties with a total of 807 housing units. Its holdings are divided into two divisions based on the type of funding used to construct and operate the property. Division 1 consists of properties operating under subsidy operating agreements with the Canada Mortgage and Housing Corporation (CMHC) and Alberta Housing and Urban Affairs.  This Division contains 14 properties with a total of 658 units.

Division 2 consists of five properties with a total of 149 units. Division 2 properties are funded through a combination of capital grants, homeEd equity and debt financing.

homeEd also manages a number of properties on behalf of the City of Edmonton.

The City of Edmonton is the sole Shareholder of homeEd. The governing body for the City…Mayor and Council…is the representative for the Shareholder.

The current Board consists of eight citizen-at-large members appointed by City Council. Most recently, the Shareholder approved a change in governance structure which provided the Board with the decision-making capacity necessary to independently execute the organization's mandate. With that end in view, the Board of Directors places a focus on:

  • Ensuring an unbroken chain of accountability from the shareholder to corporate performance;
  • Defining corporate expectations;
  • Ensuring that homeEd's business reflects the City of Edmonton's housing priorities; and
  • Assuring organizational performance through its chief executive.

The Board of Directors visions the strategic directions for the organization, and ensures that homeEd’s business reflects the City of Edmonton’s housing priorities.

Meet the members of our Board of Directors: (click on a name to view his/her bio)

Chairperson: Mitch Patrick
Vice-Chairperson: Carol Engelking
Past Chairperson: Ann Henry
Member-at-Large: Ann Ranson Ratusz
Member-at-Large: Sonny Mirth
Member-at-Large: Karim Pirmohamed
Member-at-Large: Richard Banasch
Member-at-Large: Rick Linklater

 

 

 

 

Mitchell Patrick (Chairperson)

Mitchell joined homeEd's Board in 2010 and was appointed Vice-Chair in 2013. He is a Mortgage Associate and Partner with CMSI Alberta Inc., a Commercial Mortgage Brokerage based in Edmonton. Before joining CMSI Alberta, Mitchell gained experience as a commercial lender with a mid market loan portfolio - $1 to $20 million dollar loans. Mitchell has financed many types of real estate including hospitality, owner occupied, raw land, industrial, retail, and investment properties. With his broad experience in industries such as Oil and Gas, Forestry, Manufacturing, Transportation, Auto Dealerships, Service and Retail companies, Mitchell has developed a keen understanding of the Western Canadian economy.

Carol Engelking (Vice-Chairperson)

Carol joined the homeEd board in 2016. She is a professional accountant (CPA,CA) with over 25 years of public sector and not-for-profit experience in the corporate finance area of the City of Edmonton, after working in public practice with KPMG. Carol has interfaced with homeEd for many years, initially as an external auditor, subsequently in managing financial services, and then in advisory and liaison roles. A resident of Edmonton for more than 35 years, Carol holds both a business degree and an education degree from the University of Alberta.

Ann Henry (Past Chairperson)

Ann has been with the homeEd Board since 2010. She was appointed Vice-Chair in 2011; and held that position until 2013, when she was appointed Chair. Ann holds undergraduate degrees in Social Work and Home Economics. She works for Alberta Health Services as an inpatient manager in Addiction and Mental Health. Ann also has previous experience working in the inner city with disadvantaged seniors, and as a housing manager for the Hard-to-House.

Ann Ranson Ratusz

Ann joined the Board in 2015. She holds a Doctorate in Nursing and brings over 30 years of experience as a Registered Nurse. Currently, she teaches Psychiatric Nursing to 3rd year students at the University of Alberta’s Faculty of Nursing. As a part of their course work, Ann’s students participate in a clinical community component and examine the relationship between increased rates of mental illness and poverty. Ann previously served in the capacity of a community psychiatric nurse for Alberta Community Mental Health Services…collaborating with many inner city agencies such as Operation Friendship, Women's Emergency Accommodation Centre, and the Herb Jamieson Centre. She has also worked as a Home Care nurse and as a case co-coordinator in Long Term Care. Ann is committed to poverty reduction initiatives and has followed the Housing First Initiative with great enthusiasm.

Sonny Mirth

Sonny is a partner with the long-standing law firm of Reynolds Mirth Richards & Farmer LLP and was appointed to Queen’s Counsel in 1986. Sonny’s main areas of practice are property and contract law including real estate, development, financing, sales, purchases, lending, residential rental properties, condominiums, and landlord and tenant matters. Sonny is currently, and has for over 8 years, served on the Board of Directors of the Alberta Residential Landlord Association. He has appeared in all levels of the courts of Alberta and in the Supreme Court of Canada. Sonny has received numerous awards over the years including “Best Lawyers’ Edmonton Real Estate Law Lawyer of the Year” and Best Lawyers in Canada in the practice areas of Banking & Finance, Corporate Law, and Real Estate Law.

Karim Pirmohamed

Karim joined homeEd's Board in 2015. He is a native of Edmonton and a graduate of the University of Alberta’s School of Business. Karim holds a Chartered Accountant (CA) designation and a Chartered Professional Accountant (CPA) designation. He articled at PwC in Calgary and went on to work as a financial analyst at Covenant Health. Karim currently works for CMSI Alberta Inc. arranging commercial real estate financing for clients across Canada. Karim is actively engaged in the community and spends time each week volunteering with seniors.

Richard Banasch

Richard is the owner of Brass III Developments Inc., a recognized leader in Edmonton’s building contractor industry. Brass III has been producing innovative housing concepts in Edmonton since 1987. Richard is a professional engineer (P.Eng.) and holds a Masters in Business Administration (MBA), both from the University of Alberta. Richard is a native Edmontonian and his interest in serving on the Board of homeEd is motivated by his desire to give back to his community. Richard’s life-long interest in leading-edge housing design and his hands-on experience in multi-unit residential construction and marketing will be invaluable to homeEd as it moves forward in acquiring properties and developing mixed-income housing models.

Rick Linklater

Richard G. Linklater joined homeEd’s board in November 2016. Richard has been in the property management industry for over 30 years. He currently holds membership with the International Real Estate Federation (FIABCI); the Real Estate Institute of Canada and the Institute of Real Estate Management. Richard has a Bachelor of Commerce from the University of Alberta.

Meet the members of our Leadership Team:

Executive Director: W.C. (Bill) Bell
Controller: Diana Moes
Senior Property Manager: Michelle Roseboom
Property Manager Elena Osadci

 

 

W.C. (Bill) Bell

Bill joined homeEd as its Executive Director in 2012. He brings significant experience in working with boards of not-for-profit corporations to deliver leading edge services. Bill has extensive executive management experience both in the provincial government; and in developing and managing residential programs for special populations. Bill holds a Master of Health Services Administration from the University of Minnesota; and a Bachelor of Administration from the University of Regina. Bill is a Certified Health Executive with the Canadian College of Health Service Executives, and a Registered Psychiatric Nurse.

Diana Moes

Diana joined the organization as the Controller in 2013. She has been a Certified Management Accountant (CMA) for over 25 years. Diana has worked at the Controller level in a number of organizations and been actively involved in developing management reporting; and establishing controls, processes and procedures to safeguard the assets of the organization and gain efficiencies.

Michelle Roseboom

Michelle has been in the property management industry for over 25 years. Michelle comes to homeEd from a private owner where she held a General Manager position overseeing 1130 multi-housing units and 50,000 sq.ft. of commercial property. Prior to that position, she was responsible for overseeing 23 buildings consisting of 1300 multi-residential units. Michelle is a Certified Resident Manager (CRM), and volunteers with the Alberta Residential Landlord Association as its Chair of Education.

Elena Osadci

Elena brings to homeEd her experience in the real estate industry. Previously, she worked as a multi-unit Property Manager overseeing 21 residential buildings and supervising site managers. Elena recently graduated with a Diploma in Business Administration and she is currently enrolled in a Real Estate program with the Real Estate Council of Alberta. Elena holds a Bachelor Degree in Social Work and, since 2012, she has been volunteering with Edmonton Immigrant Services Association assisting young newcomers to adjust to the academic requirements of a new country...offering a little extra social support. Elena is passionate about her job, life and people. Her biggest goal is to make a difference in people's lives and society.