Senior Manager, Housing Development (Toronto)

Senior Manager, Housing Development (Toronto)

01 Nov
|
WoodGreen Community Services
|
Toronto

01 Nov

WoodGreen Community Services

Toronto

Senior Manager, Housing Development -HHS)Competition # -HHS Senior Manager, Housing Development -HHS)Employment Type: Full-Time, Non-Bargaining Unit (1 Vacancy)Work Hours: 35 hours/week (M-F 9am-5pm)Work Setting: Hybrid – Opportunity to work remotely after orientation & training period, 100 Broadview Avenue, Toronto, ONSalary: $100,000Application Deadline: October 9, 2026, by 11:59 pmWho We AreWood Green is a team of diverse and creative change makers working together to make a difference in our communities. A United Way Anchor Agency with a proven track record and an entrepreneurial mindset, we continuously seek to develop solutions to critical social needs while striving to become a Centre for Equity.Visit www. to learn more about who we are and to review our Equity Statement.We are committed to building an inclusive and diverse workforce, representative of the communities we serve. We encourage, and are pleased to consider, applications from Indigenous peoples, racialized persons/persons of colour, women/women identifying, persons with disabilities, 2 SLGBTQIA+ persons, and others who contribute towards promoting innovative ideas and solutions.Program Overview – Housing DevelopmentThe Senior Manager, Housing Development is a senior, detail-oriented project lead responsible for supporting the advancement of Wood Green’s affordable, supportive and mixed-income housing developments from early feasibility through approvals, financing, procurement, construction readiness, delivery and close-out. The role is intended to strengthen Wood Green’s internal development capacity so the organization can engage daily with developers, construction managers, consultants, funders, lenders, legal counsel and municipal partners with a comparable level of technical, commercial and construction knowledge.The Senior Manager, Housing Development, is a key member of the Housing Development team, responsible for evaluating,



structuring and advancing real estate acquisition and development opportunities that support the organization's affordable and mixed-income housing objectives.What You Will DoThe position requires strong judgment across development strategy, construction options, cost management, procurement, risk allocation, funding compliance, and stakeholder coordination. The Senior Manager must be able to interpret high-volume project information, identify issues hidden in changing drafts and schedules, challenge assumptions, and translate complex technical, legal and financial matters into practical recommendations for senior leadership, the Board and external partners.Working closely with the Senior Director, Housing Development, Finance, Legal, Housing Operations, and other internal Wood Green functional teams as well as external consultants, government agencies, lenders and development partners, the Senior Manager will help ensure that projects are financially viable, appropriately structured and aligned with the organization's strategic and social objectives.Specific AccountabilitiesDevelopment Leadership and Project ExecutionLead assigned affordable, supportive and mixed-income housing projects through feasibility, due diligence, approvals, financing, procurement, construction readiness, delivery, occupancy and close-out.Lead the financial evaluation and underwriting of prospective real estate acquisitions, including land, existing buildings, development sites, and partnership opportunities.Review acquisition opportunities and prepare preliminary investment analyses, including purchase price, development potential, revenue assumptions, operating costs, capital requirements, and anticipated returns.Develop and maintain acquisition models and investment pro formas to assess project feasibility and sensitivity to key assumptions.Analyze comparable transactions, market rents,



construction costs, financing assumptions, land values and other market data to support acquisition decisions.Assess alternative acquisition and ownership structures, including direct acquisition, joint ventures, partnerships, vendor arrangements and land contributions.Prepare acquisition recommendations, investment memoranda and presentations for senior management, committee meetings, and Board of Directors meetings.Coordinate and support negotiations relating to purchase price, transaction structure, conditions, deposits, closing requirements and other commercial terms.Manage acquisition due diligence processes, coordinating financial, legal, planning, environmental, building condition, title, zoning and other investigations.Identify key financial, transactional and development risks and develop strategies to mitigate them.Track acquisition conditions and deliverables through to closing.Support the housing development team with planning and building permit approvals for Wood Green owned properties.Financial Modelling & Development FinanceDevelop, maintain, and enhance detailed real estate development proformas for affordable, supportive, and mixed-income housing projects.Model project sources and uses, development costs, operating projections, financing, grants, subsidies, tax considerations, cash flow and long-term project performance.Analyze project metrics including development cost per unit, cost per square foot, loan-to-cost, loan-to-value, debt service coverage, equity requirements, project returns and sensitivity scenarios.Seek out creative funding and financing sources including social impact investments, government funding programs, and private capital.Conduct sensitivity and scenario analysis to evaluate the impact of changes in construction costs, interest rates, rents, occupancy, subsidies, operating costs, financing terms, and project timing.Interpret Quantity Surveyor cost estimates, trade pricing, construction manager budgets, change orders, invoices, and

📌 Senior Manager, Housing Development (Toronto)
🏢 WoodGreen Community Services
📍 Toronto

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