Encasa News

19 08, 2013

Being Resourceful Pays Off

2018-10-01T23:45:05+00:00August 19th, 2013|Encasa|

Mount Forest Non Profit Housing is taking advantage of government programs to update and maintain its building without dipping into its capital reserves. Located in the town of Mount Forest, at the north end of Wellington County, the complex consists of 35 townhouses – mostly 2- and 3-bedroom, [...]

15 05, 2013

25 Years Strong

2018-10-01T23:44:57+00:00May 15th, 2013|Encasa|

Best practices in building management, investment and governance can help a provider maintain its building in excellent condition while still preserving its capital reserves, even after 25 years. Lutheran Social Services (Owen Sound) Non-Profit has accomplished that, and more. Lutheran Social Services operates St. Francis’ Place—a 78-unit building [...]

15 02, 2013

Best Practices with New Leadership

2018-10-01T23:44:54+00:00February 15th, 2013|Encasa|

Staffing and leadership changes can sometimes seriously impact the performance of organizations. At Suomi Koti, best practices that were already in place help ensure that informed business decision-making continues. Suomi Koti, a non-profit seniors’ residence in Thunder Bay, has managed to maintain its high operational standards in spite [...]

25 05, 2012

Reach for the Top

2018-10-01T23:44:51+00:00May 25th, 2012|Encasa|

We all strive to achieve excellence in our professional activities. SHSC Financial is committed to helping you achieve financial excellence so you can make the most out of your money. To help with this, the checklist below identifies: Minimal requirements that unitholders in the Social Housing Investment Program [...]

24 05, 2012

Best Practices in Money Management

2018-10-01T23:45:30+00:00May 24th, 2012|Encasa|

Upbuilding Non-Profit Homes manages a 70-unit property in Guelph. The property contains a 37-unit apartment building and 29 townhouses—all constructed in 1991, as well as a four-unit building constructed around 1950 that was renovated when the other parts of the property were developed. A Building Condition Assessment (BCA) [...]

10 02, 2012

Why Voluntary Unitholders Invest

2018-10-01T23:45:42+00:00February 10th, 2012|Encasa|

In August 2011, Capital Ideas profiled one of SHSC Financial’s voluntary unitholders: Infrastructure Ontario—a provincial Crown corporation that acts as a trustee for the investment of capital reserves by affordable housing providers whose initiatives are being financed under the Infrastructure Ontario Loan Program. This time, we profile two other voluntary unitholders: [...]

28 12, 2011

Making the Choice: Perspectives from WECHC and Peterborough Housing Corporation

2018-10-01T23:46:00+00:00December 28th, 2011|Encasa|

Some Local Housing Corporations (LHCs) have developed innovative approaches to improve their financial sustainability. Some have voluntarily chosen to place their capital reserves in the Social Housing Investment Program. In addition, many LHCs without capital reserves have chosen to place other money with the Program. Windsor Essex Community [...]

28 12, 2011

Investing in a Fluctuating Market

2018-10-01T23:46:12+00:00December 28th, 2011|Encasa|

The ups and downs that capital markets are experiencing these days have many people asking how to best balance risk and return. This is an ideal time to ensure that your investment strategy is matched to your anticipated financial needs. Understanding Volatility The charts show the returns earned [...]

20 09, 2011

Disclosing Non-Compliance

2018-10-01T23:46:32+00:00September 20th, 2011|Encasa|

Under the Social Housing Reform Act, 2000, prescribed housing providers are required to: Set aside capital reserve funds on an annual basis Invest these reserve funds in the Social Housing Investment Program SHSC Financial believes that most providers are compliant with both requirements. If you are not compliant, you need to work with [...]

20 09, 2011

Surviving Without Subsidies

2018-10-01T23:46:45+00:00September 20th, 2011|Encasa|

Courage Under Fire is a new study that examines the challenges and opportunities the social housing sector is facing as operating agreements with the federal government begin to expire. Authored by Keith Ward (president of the Ontario Non-Profit Housing Association and vice-chair of the board of SHSC Financial) and commissioned [...]