Leading, Supporting, and Serving the Non-Profit Housing Sector

Best Practices

They are potential sources of income other than those associated with operating a residential building

They include:

  • Donations
  • Fundraising income
  • Gaming revenue
  • Society membership fees
  • Vending machine revenue.

Best practices in this category help you:

  • Obtain accurate geared-to-income tenant rent contributions or market rents
  • Obtain accurate subsidy income or repayable assistance to cover the shortfall between economic rent and tenant rent contribution/market rent
  • Minimize rent arrears and bad debt expense
  • Minimize vacancy loss
  • Identify and maximize other appropriate building income
  • Raise non-shelter funds.

You can...