Executive Director of Housing Finance & Development

United Church Homes•US OH Remote, OH

2d•Remote

About The Position

The Executive Director of Housing Finance & Development provides strategic leadership for United Church Homes' affordable housing development, preservation, acquisition, and financing initiatives. This role is responsible for originating, evaluating, financing, and executing affordable housing opportunities that advance organizational growth, asset preservation, portfolio sustainability, and mission impact. The Executive Director serves as a senior leader and subject matter expert in affordable housing finance, Low-Income Housing Tax Credits (LIHTC), HUD programs, RAD conversions, recapitalization strategies, acquisitions, and real estate development. The position leads cross-functional teams and external partners through all phases of the development lifecycle, from concept and underwriting through financing, construction, stabilization, and long-term asset stewardship. The Executive Director develops and maintains strategic relationships with lenders, investors, syndicators, government agencies, developers, consultants, and community stakeholders while serving as a key advisor to executive leadership on housing finance, capital deployment, portfolio preservation, and growth opportunities. The position is responsible for advancing a pipeline of development and preservation projects, identifying innovative financing solutions, and ensuring projects are completed successfully, in compliance with regulatory requirements, and aligned with the strategic priorities of United Church Homes.

Requirements

Bachelor’s degree in Real Estate, Finance, Business Administration, Urban Planning, Construction Management, Public Administration, or related field required.
8+ years of affordable housing development, finance, acquisition, or real estate development experience.
5+ years of leadership experience overseeing development teams, consultants, or complex multi-project portfolios.
Demonstrated experience closing LIHTC transactions, HUD transactions, acquisitions, recapitalizations, and preservation deals.
Proven success managing relationships with syndicators, investors, lenders, housing finance agencies, and public-sector partners.
Experience presenting development opportunities and investment recommendations to executive leadership, boards, or investment committees.
Proficient use of computers, the Internet, and relevant software programs, including Microsoft Office.
Experience with real estate financial modeling and development tracking systems.
Must have strong financial analysis skills.
Ability to comprehend, analyze, and interpret business and legal documents.
Self-driven, excellent communications both verbal and written, interpersonal, organizational, planning, decision making and problem-solving skills.
Demonstrated ability to create and execute successful projects completed on or ahead of schedule, on budget, with high quality and significant community impact.
Strong negotiation and internal/external collaboration skills as well as sound judgement.

Responsibilities

Identify, evaluate, and advance affordable housing development, redevelopment, acquisition, and preservation opportunities.
Lead projects from concept through financing, construction, lease-up, and stabilization.
Manage development teams consisting of architects, engineers, contractors, attorneys, consultants, lenders, syndicators, and public agencies.
Coordinate project schedules, milestones, budgets, and risk management strategies, and assist with the preparation of project pro formas.
Maintain productive relationships with municipalities, housing agencies, community organizations, and strategic partners.
Lead financing strategies for affordable housing developments, including LIHTC, tax-exempt bonds, HUD financing, conventional debt, and public funding sources.
Structure project capital stacks and evaluates debt and equity alternatives.
Coordinate lender, investor, and syndicator relationships throughout project financing and closing.
Lead refinancing and recapitalization efforts for existing affordable housing assets.
Develops financial analyses, sources and uses statements, development budgets, and project pro formas.
Monitor market conditions and funding opportunities affecting affordable housing development and preservation.
Lead the preparation and submission of LIHTC applications and other affordable housing funding applications.
Coordinate HUD preservation initiatives, RAD conversions, Section 202 recapitalizations, and other affordable housing preservation strategies.
Ensure compliance with financing, regulatory, and investor requirements.
Monitor affordable housing policy changes and recommend strategic responses.
Evaluate acquisition opportunities through financial modeling, market analysis, and strategic assessment.
Help lead due diligence efforts, including environmental reviews, appraisals, physical needs assessments, market studies, title review, and legal documentation.
Present recommendations and investment analysis to executive leadership.
Develop and maintain a multi-year affordable housing development and preservation pipeline.
Lead organizational strategy related to LIHTC, HUD preservation, RAD conversions, refinancing, acquisitions, and new development.
Evaluate and recommend capital deployment priorities across the affordable housing portfolio.
Identify and structure strategic partnerships, joint ventures, and co-development opportunities.
Present development opportunities, financing strategies, and investment recommendations to executive leadership and governing boards.
Monitor industry trends, legislation, and funding programs impacting affordable housing and recommend strategic responses.
Represent UCH at national conferences, industry associations, state housing agencies, and key stakeholder meetings.
Provide leadership and mentorship to development staff, partners and project teams.
Foster collaboration among development, finance, legal, operations, and asset management functions.
Promote a culture of accountability, innovation, teamwork, and mission-focused development.
Support special projects and strategic initiatives as assigned.
Perform other duties as necessary to advance organizational objectives.