What if a non-profit could earn a meaningful economic stake in a new mixed income housing development without writing a large cheque?
The OMERS & Oxford Leadership Institute’s CMHC Solutions Lab, Streamlining Paths to Partnerships Solution Lab, has developed a new model that converts policy-enabled benefits (Policy Capital) that Community Housing Providers can access into tangible economic ownership. These benefits include favourable financing, regulatory relief and long-term affordable housing incentives.
Using current large-scale mixed-income rental apartment case studies, this session will demonstrate how these critical contributions can turn an unviable development into a viable one. It will also show how the resulting value can become Earned Equity, creating meaningful non-profit ownership and cash flow while preserving appropriate private-sector returns, risk allocation and exit optionality.
Join us to learn how to:
- Recognize Policy Capital as critical: Understand how non-cash, policy-enabled contributions accessible through non-profits can create measurable enterprise value in a development partnership.
- Structure a fair partnership: See how developer capital, risk and execution can be compensated while allowing residual value created through the partnership to become NFP Earned Equity.
- Protect both partners over time: Understand practical approaches to beneficial ownership, governance, performance risk, refinancing, appreciation/depreciation and exit while affordability remains protected through long-term covenants.
This session is presented by CMHC’s Expert Community on Housing’s (ECoH) Salon Series.