A case study on non-market affordable rental housing in the City of Vancouver, presented by Jesse Miller, Director of Development at TL Housing Solutions (TL).
According to CMHC, in 2016 approximately 1.7 million Canadian households (out of 13.4 million) were in core housing need. To help address this core need, TL partners with not-for-profit societies, housing providers and cooperatives to develop non-market initiatives from seniors’ care to affordable ownership for the missing middle.
Learn what it takes to develop affordable housing as Jesse provides a high-level overview of key components needed, using the Kinship Housing Co-operative in Vancouver’s River District as a successful case study.
Jesse is an accomplished real estate development professional with a technical background in architecture, construction practices and business administration. In addition to being a Building Official for 9 years, Jesse has also tackled some of the province's most complex governance and land tenure issues during his work within small local governments. Having first-hand experience implementing community plans and a one-of-a-kind land registry; Jesse is fluent in public engagement and dispute resolution practices. Paired with an additional 11 years of pro-active design and development experience within the private sector, Jesse brings a wealth of knowledge and keen knack for problem solving on some of TL’s most complicated deal structures.
Charlotte is a Development Manager at TL Housing Solutions. She joined Townline in 2014 and has been involved in the development management of several large-scale multifamily and mixed-use projects in the Lower Mainland totaling 1,100 residential units. She grew her role to include finance and land acquisitions expertise at Townline from 2016-2020, at a time when the company underwent enormous growth and expanded operations into the United States. She worked on multi-million-dollar land acquisitions, and debt and equity financing including leading Townline’s first CMHC RCFI financing which secured a $100 million loan for a mixed-use 100% rental housing project in Victoria. Charlotte has since pivoted her career to be fully immersed in non-market housing development. Her past experience in finance and acquisitions lends her a unique, well-rounded understanding of all the development and finance facets that make for successful delivery of complex non-market and affordable housing projects. Charlotte graduated from the Sauder School of Business, University of British Columbia in 2014 and holds a Bachelor of Commerce degree with a dual specialization in Real Estate and Marketing. She currently serves on the committee of the Young Leaders Group of the Urban Land Institute BC.