Urban Land Institute: Technical Assistance Panel

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Do you have questions about your society’s real estate assets? Are you trying to find a way to turn those assets into revenue growth for your society, or increase your supply of non-profit housing? If so, you’ll want to look into the Urban Land Institute’s Technical Assistance Panel (TAP), which can provide expertise in a broad range of real estate and development questions. Panel members include real estate developers and marketing experts, community planners, architects, housing stakeholders and more.

The TAPs were introduced in 2012 as part of the Urban Land Institute’s Advisory Services Program to help organizations address complex land use challenges. So far the panels have worked with a handful of municipalities and non-profits on projects that have included optimizing a strategic parcel of downtown real estate, maximizing housing units for low-income women through site redevelopment and overhauling a clubhouse site to include new uses and increasing public access to the waterfront.

With the third TAP report for B.C. non-profit housing societies about to wrap up, the Urban Land Institute is planning to run another program this fall. Housing operators can submit a query to be addressed by the panel in one or two days; the Urban Land Institute helps the applicant refine the scope of their query and then convenes a panel of members with expertise in the relevant subject areas. The applicant submits background information, and the panel members will visit the subject site to learn more about the issue. The panel concludes the session with a summary of recommendations and a comprehensive report.

Non-profit organizations have received CMHC seed funding of about $50,000 to help them pay the $15,000 fee for the TAP. “What we’re finding is that the TAP helps societies identify some strategies for how to tackle assessing real estate opportunities and goals,” said Bryce Tupper, Co-Chair of the ULI TAP program and VP Planning & Development for British Pacific Properties. “The balance of the CMHC funding that is not spent on the TAP can be allocated with good efficiency to further develop recommendations from the TAP. In short, we like to think the ULI TAP supercharges the CMHC funding.”

To apply for the next TAP, visit www.uli.org for more information. Full link: http://britishcolumbia.uli.org/uli-in-action/technical-assistance-panels/.

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