SHDM description

home >

news >

Portrait and outlooks concerning the rental housing stock of Québec’s housing NPOs

October 13 2015

Portrait and outlooks concerning the rental housing stock of Québec’s housing NPOs

news images

A study report on the economics and financial viability of the rental housing stock of Québec’s housing NPOs was recently published by the Réseau québécois des OSBL d’habitation (RQOH). The study was carried out largely by Allan Gaudreault, a well-known consulting analyst in the field. It aimed at identifying the needs of the NPOs in a context where the impact of the expiry of operating agreements in different public housing programs is felt and where the aging of the housing stock and the limited financial means of some NPOs remain important issues.

The study first identified the general economics and financial characteristics of the inventory of housing NPOs and analyzed the long-term financial viability of these assets. The study then examined the state of their replacement reserve to deal with problems of aging buildings. Subsequently, the study focused on the ability of the NPOs to overcome the challenges put out by the expiry of operating agreements. It also highlighted the role of housing NPOs as economic players.

The study reveals that the housing stock of Québec’s network of housing NPOs will soon reach 50,000 units and that these assets are valued at nearly five billion dollars. This network serves a diverse customer base and more than half of its tenants are receiving some form of assistance. The network has a great potential but must still face important challenges. Indeed, with the expiry of the operating agreements, a significant number of housing NPOs will face a sustainability problem.

In this regard, the study highlights the fact that this heritage is vulnerable and that the Québec network of housing NPOs would gain by developing better tools for planning and management to ensure both the sustainability of its assets and its financial autonomy. In conclusion, Mr. Gaudreault, who did both the data analysis and the drafting of the report, is in favour of increased support towards the resolution of management and sustainability issues for these organizations.

The study report can be consulted on the website of the Réseau québécois des OSBL d’habitation (RQOH).

 

 

X

The form has been sent!

The fields in red are required.

Looking for information on accreditation Accès Condos for residential projects? You want to be notified of our next public calls for proposals for qualifying residential developers? Join our mailing list and ask us your questions by filling this form.

Activities fields
How did you hear about the Condo Access Program ?
I would like to register for the SHDM mailing list and be informed of public calls for proposals to come.

Send

X

The fields in red are required.

Refinancing (Cession of rank)

Is there a change of financial institution?
If yes, please specify the name of your former financial institution.
Attachment to include (copy of the loan agreement and a copy of the mortgage deed)
Non-compulsory. Required if the application is approved.
Copy of the loan agreement
Copy of the mortage deed

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

The fields in red are required.

Send my request

X

The fields in red are required.

Request for statement of account

Reason for request

You have another question or wish to include a comment? Please write it here :

Pursuant to the Accès Condos Agreement, the SHDM may revise the reference price for the purpose of evaluating the part of the reimbursable increase in value if the sale price does not reflect the property’s market value.

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

The fields in red are required.

Send my request

X

The fields in red are required.

Approval of resale price

Does this transaction include a parking space?
Have you received the official purchase offer?
If yes, please attach a copy of the documents.
Attachment (if applicable to your situation, join the offer of purchase received)

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 30 days after receiving all requested documents and information.

The fields in red are required.

Send my request

X

The fields in red are required.

Transfer between joint purchasers or assignment of property

Please attach the documents required for the evaluation of the application.
Copy of the acceptance letter from the financial institution to transfer the mortgage to the assignee
Bank statement confirming current outstanding loan balance
Copy of the deed of assignment

You have another question or wish to include a comment? Please write it here :

Time for processing and approval:
Up to 21 days after receiving all requested documents and information.

The fields in red are required.

Send my request

X

Form for registering on the list of SHDM suppliers

In accordance with the Act respecting access to documents held by public bodies and the protection of personal information, to which the SHDM is subject as a public body, the supplier consents to the disclosure of his data entered in this registration form.

The SHDM appreciates your interest and thanks you for having filled out this form. By being on our list of suppliers, we will be able, if necessary, to invite you to send us a quotation (bid).
SHDM is under no obligation of any kind to suppliers who fill out the form.
Do you have any purchase-related questions? Email your questions directly to: approvisionnement@shdm.org

At any time, consult our call for tender notices on the SEAO site at www.seao.ca to check whether calls for tender in your area of activity have been posted by SHDM.

The fields in red are required.

If you consider it useful, you may add documents to complete your company's profile.

Enclose document 1
Enclose document 2
Enclose document 3

Send