An information piece for housing providers in Ontario, Canada funded under Federal housing programs whose operating agreements will expire in the next 5-15 years.

1. Expiry of Operating Agreements The Final Frontier

2. The New World: What changes, what stays the same

3. What changes • Operating Agreement & subsidy • Relationship with City • Household Income Limits • RTA Exemptions • Possible loss of HST exemption

4. What stays the same • Day to day operations • Legal requirements • Objects in Letters Patent • SHRRP requirements

5. Your Mission (Hopefully it's our mission, too.)

6. "Provide affordable housing for low and moderate income households."

7. Mission Accomplished

8. Mission: future • What has changed in the community? • What has changed in your organization? • Do you think your mission will change? • What are the challenges to change? • What are the challenges to not changing?

9. Viability Post-expiry

10. Assessing Viability: Tools • CHRA EOA tool • Consultant's Report • Building Condition Audits • Asset Mgt. Database

11. Assets Capital Needs, Financing and Leveraging

12. Assets: Capital Needs • Capital Plan • Capital Reserve

13. Assets: Borrowing Capacity Now: 42 Post-Expiry: 94

14. Assets: Leveraging • Remortgage, redevelop • Sell or transfer • No SM consent required

15. Governance and Capacity In a post-expiry world

16. Governance and Capacity • Increased responsibility • Business as usual? • Capacity for the future?

17. Partnership Model We want to work with you

18. Partnership Model • Opportunity for change • Freedom to innovate • Simplify, streamline

19. Next Steps

20. Leading up to expiry: checklist • Mission • Viability and Assets • Affordability and Tenants • Governance • Partnership

21. Let's talk Questions? (If the cat ever gets off the line.)