BCNPHA and BC Housing have partnered to examine the expiry of operating agreements, and to develop tools and strategies to sustain the affordable housing stock and the non-profit sector. The partners have recently produced a planning guide for non-profit societies. We’ve taken research on expiring agreements and turned it into a useful tool for housing providers to use as they plan for expiry. The guide outlines a step-by-step planning process, will help you explore your options pre- and post-expiry, provides information on the legal landscape of expiry and different models of shared services and mergers. Bull, Housser & Tupper LLP developed a full legal briefing exploring the legal implications of expiry and the various options outlined in the planning guide. Access the guide and other tools to assist with the expiry of operating agreements on our dedicated resource page here.
