End of Operating Agreements for Aboriginal Housing Providers

Session Summary

End of Operating Agreements for Aboriginal Housing Providers

This Canadian Housing and Rental Association Congress session summary discusses the challenges and opportunities faced as operating agreements begin to expire, including insufficient funds (from rents) to cover operating and capital costs once the subsidies end, developing strategies and long-term plans to address the expiring agreements, taking advantage of current low interest rates to cover costs, and using the equity in buildings to renovate existing units and build new units.