This guide introduces non-profit housing society boards and administrators to a step-by-step planning process they can undertake to ensure their non-profit is ready for the expiry of operating agreements. It includes considerations for pre- and post-expiry, the legal landscape as it relates to expiring agreements, and different models of shared services and mergers.
Rent Forecast Spreadsheet
Some rent options may be pursued before the expiry of operating agreements (EOA) to assist with net operating income and ensure sufficient revenue. Other options can only be pursued only after the EOA has expired. This sample worksheet provides a starting point to estimate rent revenue for projects over a 10-year period (using different mixes) and can be used to inform discussions with non-profit portfolio managers.
Users should not rely solely on this tool when making financial decisions.