The guide outlines a step-by-step planning process, to help non-profit housing providers explore options pre- and post-expiry of operating agreements. It provides information on the legal landscape of expiry, different models of shared services and mergers and tools to help you determine rent calculations.
Created through a BCNPHA and BC Housing partnership, this resource examines the expiry of operating agreements. It offers tools and strategies to sustain the affordable housing stock and support the non-profit sector.
The guide outlines the steps to the planning process: reviewing operating agreements, determining project viability, understanding legal, property, tenant, and sustainability factors, assessing options, improving revenue, raising capital, transferring assets, finalizing options and implementing plans.