VP of Housing Development
VP of Housing Development
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$ 150000 - 170000
1 Vacancy
Job Description
Job Details
Description
WHO IS CHI
Community Housing Innovations (CHI) is a not-for-profit housing and human services organization that aims to support social and economic independence. Our vision is to end generational poverty and foster upward mobility by ensuring that all families and individuals live in quality housing have a home of their own and a job to support them. We believe quality affordable housing is the foundation for prosperity personal fulfillment and success.
WHAT DOES CHI OFFER
CHI employs a team of hard-working compassionate people who want to give back to others in their community. We are proud to offer:
- Generous Paid time off
- Personal and Sick Days
- Health insurance and health reimbursement account
- Dentaland vision plans
- Flexible spending account
- AFLAC supplemental insurance
- Dependent Care Spending Account
- Commuter Transit and Parking Account
- Working Advantage- Employee Perks
- 401(k) retirement plan
- Life insurance
- Employee Assistance Program
- Monthly trainings and career development plans
JOB SUMMARY
The Vice President of Housing Development leads the organizations efforts to plan finance and execute affordable and supportive housing projects across New York. This executive-level role is responsible for overseeing all aspects of real estate developmentfrom acquisition and pre-development through construction and stabilization. In addition to managing a growing pipeline of projects the VP will play a key leadership role in guiding the organizations geographic and programmatic expansion. The ideal candidate will bring deep experience in affordable housing development and the strategic insight needed to help scale our impact in new regions and underserved communities.
JOB-RELATED DUTIES ESSENTIAL FUNCTIONS
Strategic Leadership & Vision
- Develop and implement a long-term housing development strategy aligned with the organizations mission and ambitious growth goals.
- Identify and pursue new development opportunities through market analysis public RFPs and strategic partnerships.
- Actively contribute to the organizations expansion efforts by identifying target regions building feasibility models and recommending pilot programs for new markets.
- Maintain current knowledge of affordable housing mixed income mixed use and related residential housing markets in the region to identify development opportunities for both direct and joint venture developments.
Project Oversight
- Oversee the planning financing and execution of multiple affordable and supportive housing projects concurrently in conjunction with the CEO and executive leadership.
- Lead site selection feasibility analysis entitlements design permitting and construction processes in conjunction with the CEO and executive leadership.
- Ensure projects are delivered on time within scope and on budget.
- Manage the design and construction team to ensure a financially and operationally viable development in a timely and cost-efficient manner.
- Serve as construction period representative; attend site project meetings as the Owners Representative.
- Working closely with the general contractor during marketing and lease-up through stabilized occupancy.
- Provide on-site support for timely completion of projects including monitoring inspections submittals change orders requests for information construction change directives commissioning schedule and construction quality.
- Provide pre-acquisition/pre-development advisory and due diligence services on construction related items such as budget phasing and site logistics.
- Perform site visits and building analysis/due diligence prior to acquiring an asset and create internal reports detailing risks recommendations for improvement and other pertinent information based on the site visit.
Financial Management
- Secure funding from diverse sources including LIHTC HOME CDBG HHAP HCR HDC HUD and private financing.
- Prepare and manage complex development budgets and financial pro Formas.
- Negotiate and execute funding agreements development contracts and joint venture partnerships.
- Review contracts contractor requisitions change order and draw requests and ensure adherence to budget schedule and design goals.
- Create scopes of work and hard cost budgets for renovations/repositioning and energy efficiency/green measures.
- Work with in-house team of project managers during preconstruction to review construction budgets prepared by outside Construction Managers/General Contractors to support competitive pricing.
Team Leadership
- Manage the design and construction team to ensure financially and operationally viable development in a timely and cost-efficient manner.
- Foster a collaborative accountable and mission-driven team culture.
- Coordinate with internal departments (Finance Legal Compliance Operations) to align project goals.
Stakeholder Engagement
- Represent the organization at public hearings conferences and meetings.
- Advocate for housing policy and funding initiatives that support the organizations mission.
Organizational Growth & Expansion
- Support the CEO and executive team in executing a strategic expansion plan across new geographies in New York and beyond.
- Provide leadership on site and region selection for expansion including due diligence and community engagement efforts.
- Build and strengthen cross-sector partnerships with local governments financial institutions and nonprofit collaborators in new markets.
- Ensure new development initiatives reflect the organizations standards for quality impact and sustainability.
Salary range:$150000 -$170000 annually
Qualifications
What do I need to apply
Education and Experience:
Required:
- 5 years of progressively responsible experience in real estate development design and construction management with at least 2 years in affordable or supportive housing.
- Deep knowledge of New York housing programs financing tools and regulatory & LI
- Proven track record of managing full-cycle affordable housing development projects.
- Experience leading development initiatives during periods of organizational growth or geographic expansion.
- Strong financial acumen with experience managing complex project budgets and funding sources.
- Exceptional leadership negotiation and communication skills.
Preferred:
- Masters degree in real estate development Urban Planning Public Administration or related field.
- Experience working in or with nonprofit or mission-driven housing organizations.
- Familiarity with supportive housing models and services integration.
- Knowledge of emerging housing needs in both urban and suburban New York communities including upstate and Long Island.
- Demonstrated ability to cultivate partnerships in new markets and support long-term organizational growth strategies.
- Excellent project management skills including the ability to handle the entire development process from site control through entitlement design construction lease-up and stabilization. The ideal candidate will have taken several projects through the entire development process.
- Experience in conceptualizing site planning and programming multifamily developments.
- Experience in all phases of the new construction development and substantial rehabilitation process.
- Public and private real estate finance expertise. Able to create project proformas and articulate both orally and in written form the case for a specific project. Should have both an intuitive and a detailed sense of the dynamics risks and structured financing.
- Able to work with time-sensitive material and meet multiple deadlines.
DIVERSTY EQUITY AND INCLUSION
Community Housing Innovations Inc (CHI) respects diversity and is an equal opportunity employer that provides equal employment opportunities to all employees and applicants and prohibits discrimination on the basis of race color creed religion national origin citizenship status age disability sex gender gender identity or expression sexual orientation marital status partnership status veteran status genetic information or any other status protected by applicable federal state or local laws. Community Housing Innovations is committed to diversity equity and inclusion.
This commitment applies to recruiting hiring placement promotion transfer compensation training assignments benefits employee activities termination access to facilities and programs and all other terms and conditions of employment as well as general treatment during employment.
Required Experience:
Exec
Employment Type
Full-Time
