There were articles on the predicament in the fall. Its not even new news.
The social service agency said that it was not "financially viable" to extend the lease at its downtown location which will close Sept. 30.
edmontonjournal.com
Boyle Street COOP, like some other community orgs get the most benefit of doubt and sweetheart leases from the City to cater to mandate.
Boyle Street hasn't itself been upfront about how a 1 Dollar lease is "not financially viable" but a peek at operations and annual reports might lend light on that. As with many community orgs Boyle Street has an expansionist mindset instead of tending to what their original mandate is. for instance wanting to set up services in Old Strathcona.
This article from 2022 is also interesting as it denotes that 75% of funding was already had at that time.
Boyle Street Community Services is close to achieving its fundraising goal for its new facility, and says it's been able to get this far without any government funding.
globalnews.ca
Given the stated present shortfall it seems as if funding for the new facility came to a standstill since then. Presumably as Boyle Street was banking on just getting the 5M and/or the new facility. Devil is in the details as others mentioned, and we don't have all of those.
In anycase we're speaking of an operation that is now "homeless" ironically serving the homeless and not disclosing how the Coop got that way. To consider that Boyle Street Coop itself is not fulfilling its own mandate by not even having the former facility is not unreasonable. Indeed one can even think the Coop leveraged this situation assuming they would have the new facility and curry public favor to get it. But irresponsible actions imo as with respect to Boyle Streets stated mandates. Which they have now compromised delivering.
The most unabashed shame in this could be that Boyle Street Coop was banking on shame landing on Katz, and while skirting their own responsibilities. Not saying its the case. But its a possibility.