ULI BC: Rental Development Financing for Non-profit Organizations: An Intro and How To Get Started

When

2023-07-26
2023-07-26T12:00:00 - 2023-07-26T13:00:00
America/Los_Angeles

Choose Your Calendar

    Where

    ZOOM This webinar will be hosted by Zoom. Pittsburgh, PA 15222 UNITED STATES

    Pricing

    Standard Pricing Until July 26 Members Non-Members
    All Types FREE CA$5.00

    Are you involved with a non-profit organization or personally interested in how non-profit rental development financing works? If so, this event is for you!

    Join us on July 26th for “Rental Development Financing for Non-profit Organizations”, part two of a two-part speaker series that will dive into financing rental through today’s more volatile economic environment.

    Over a noon hour discussion, we will focus on the unique challenges and opportunities for non-profit organizations looking to finance rental housing development. Tune in and hear from an experienced panel of speakers to better understand how development financing works for non-profits and how vendors/partners  evaluate projects.

     
    Panel:
    Luke Harrison, President, Catalyst Community Developments Society
    Raymond Kwong, Provincial Director of Housing Hub, BC Housing 
    Bill Sherritt, Director, Community Real Estate, Vancity
     
    Moderators:
    Charlotte Au, Development Manager, Townline/TL Housing Solutions
    Randolf Lee, Senior Manager, Laurentian Bank 
     

    Speakers

    Bill Sherritt

    Director, Community Real Estate, Vancity

    Bill Sherritt is Director of Community Business & Real Estate for Vancity. He has 27 years of commercial lending experience and leads a team of commercial lenders supporting clients with construction and term financing needs in all four asset classes. Bill is also active in the community with the Richmond Chamber of Commerce, the UBC Women’s Softball Program and the Board of Directors of Vancouver College Millennium Foundation. He has a UBC Commerce degree majoring in Urban Land Economics.

    Raymond Kwong

    Provincial Director of Housing Hub, BC Housing

    Raymond has worked in the real estate, development and construction industry across Western Canada for over 20 years. His experience in Development encompasses commercial, residential & mixed use developments; Projects span from single family home construction and townhouse and apartment development to multi-phased comprehensive planned projects. During the last 16 years, Raymond’s role at BC Housing has evolved from the development and construction of social and affordable residential projects in the Lower Mainland to creating complex mixed use projects and purpose built rental and home ownership projects for middle income British Columbians throughout the Province with a wide range of development and industry partners. Since leading the HousingHub from its inception in 2018, the HousingHub has received a $2 Billion financing facility from the Provincial Government and has completed over 3500 units from 2018 through to 2022 including building a pipeline of projects with total financing amounting to over $3.4 Billion.

    Luke Harrison

    President, Catalyst Community Partners

    In his role as President, Luke works with communities and partners to design, build, fund and operate homes by securing innovative funding sources, partnerships with private and public organizations and by designing and implementing policies for the long-term success of the Community Housing sector. He brings a passion for innovation, entrepreneurship and problem solving to Catalyst and his varied capabilities have seen him manage mixed-use developments to building modular housing and tech start-ups. Luke has 20 years of development, finance and leadership experience where he has created and led organizations undertaking large investment and infrastructure projects with a particular focus on urban development and housing. Prior to Catalyst, Luke was part of the executive leadership team of Canada’s largest modular home builder and was the CEO of the Vancouver Affordable Housing Agency.