123 – Beyond Cash: Unlocking the Value of Non-Profit-Private Partnerships

October 29, 2026
3:30 PM - 4:45 PM

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.

Presented By

Peter Zimmerman

Senior Director, Development, Toronto Community Housing Corporation

Adrienne Pacini

Partner, SHS Inc.

Sponsored By