Vice President, Development

Corpus Christi HousingCorpus Christi, TX

About The Position

The Vice President of Development serves as the Housing Authority's senior executive responsible for planning, financing, and executing the redevelopment and expansion of the Authority's affordable housing portfolio. Reporting directly to the President & CEO, this position provides strategic leadership for all real estate development initiatives, including repositioning aging public housing assets through RAD, Section 18, Faircloth-to-RAD, LIHTC, mixed-finance development, public-private partnerships, and other federal, state, and local housing programs. The Vice President of Development leads the Authority's long-term redevelopment strategy, manages developer and consultant relationships, secures financing, oversees development activities from concept through occupancy, and ensures projects are delivered on schedule, within budget, and in compliance with all regulatory requirements.

Requirements

  • Bachelor's degree in Real Estate, Urban Planning, Public Administration, Business Administration, Finance, Engineering, Architecture, Construction Management, or related field.
  • Minimum ten (10) years of progressively responsible experience in affordable housing development.
  • Minimum five (5) years of executive or senior management experience.
  • Demonstrated success leading large-scale affordable housing redevelopment initiatives.
  • Extensive knowledge of affordable housing finance, real estate development, HUD regulations, asset management, construction administration, project management, financial modeling, tax credit transactions, public procurement, and governmental contracting.
  • Visionary strategic leadership.
  • Executive communication and presentation skills.
  • Financial analysis and underwriting.
  • Negotiation and relationship management.
  • Complex project management.
  • Team leadership.
  • Risk management.
  • Contract administration.
  • Problem solving.
  • Consensus building.

Nice To Haves

  • Master's degree preferred.
  • Experience with Public Housing Authorities.
  • Experience with HUD redevelopment programs.
  • Experience with LIHTC developments.
  • Experience with RAD conversions.
  • Experience with Mixed-finance transactions.
  • Experience with Faircloth developments.
  • Experience with real estate acquisitions and dispositions.
  • Experience with public-private partnerships.
  • Experience with capital planning.
  • Experience with construction management.

Responsibilities

  • Develop and implement the Authority's comprehensive redevelopment strategy.
  • Advise the CEO and Board of Commissioners on redevelopment opportunities, financing options, and real estate acquisitions.
  • Identify opportunities to preserve, modernize, replace, or expand affordable housing inventory.
  • Develop long-range capital investment and redevelopment plans.
  • Recommend innovative housing and community development initiatives.
  • Direct all phases of affordable housing development, including site identification, feasibility analysis, master planning, financing, design, construction, lease-up, and asset stabilization.
  • Lead redevelopment of aging public housing communities.
  • Manage developer partnerships and master development agreements.
  • Coordinate environmental reviews, appraisals, surveys, and due diligence activities.
  • Lead financing strategies utilizing programs including Low-Income Housing Tax Credits (LIHTC), RAD, Section 18 Demolition/Disposition, Faircloth-to-RAD, HOME, Community Development Block Grant (CDBG), HUD Choice Neighborhoods, Federal Home Loan Bank programs, Tax-exempt bonds, Conventional financing, Public-private partnerships, and Philanthropic and grant funding.
  • Monitor budgets, schedules, development milestones, and project risks.
  • Oversee architects, engineers, contractors, consultants, attorneys, and development partners.
  • Ensure quality control throughout planning and construction.
  • Resolve project issues to maintain progress.
  • Develop and maintain relationships with HUD, TDHCA, Local governments, Financial institutions, Investors, Community organizations, Developers, and Resident leadership groups.
  • Ensure compliance with HUD regulations, Procurement requirements, Environmental regulations, Fair Housing, Davis-Bacon, Section 3, NEPA, Uniform Guidance, and State and local requirements.
  • Serve as a member of the Executive Leadership Team.
  • Prepare Board presentations and redevelopment reports.
  • Present redevelopment recommendations to the Board of Commissioners.
  • Represent the Authority before community organizations and governmental agencies.
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