Vice President of Real Estate Development and Asset Management

Project For Pride In Living • Minneapolis, MN

407d • $180,000 - $200,000 • Remote

About The Position

The Vice President of Real Estate Development and Asset Management at Project for Pride in Living (PPL) is a senior leadership role responsible for overseeing the organization's real estate development activities and assets. This position involves strategic direction, financial oversight, and the management of a team dedicated to developing affordable housing and implementing community development goals. The role emphasizes a commitment to race equity and collaboration across various departments to ensure the successful execution of projects that align with PPL's mission of empowering low-income individuals and families.

Requirements

• Bachelor's degree in Architecture, Construction Management, Real Estate, Finance, Housing, or a related field.
• At least 10 years of experience in affordable housing development.
• Strong knowledge of real estate development and financing programs, including LIHTC and TIF.
• Demonstrated commitment to racial equity.
• Excellent negotiation skills with experience in land acquisition and working with lenders and investors.
• Strong communication skills, both public speaking and writing.
• Experience leading teams in a complex and collaborative environment.
• Advanced strategic thinking skills.

Nice To Haves

• Experience with affordable housing financing programs administered by Minnesota Housing and local governmental entities.
• Familiarity with rental support and operating subsidy programs.

Responsibilities

• Prospect and cultivate development opportunities to ensure alignment with PPL's strategic direction.
• Monitor, support, and direct project managers through project planning and management processes.
• Cultivate and maintain relationships with nonprofit partners, government agencies, and other stakeholders.
• Set strategic direction for real estate development activities and establish departmental culture.
• Create and manage departmental budgets and monitor cash flow.
• Implement race equity goals within the Real Estate Department and ensure staff development plans are in place.
• Coordinate with other departments to ensure smooth integration of program activities.
• Ensure key project milestones have buy-in from leadership and governance structures.
• Identify and manage risks associated with projects.
• Contribute to the strategic positioning of PPL and its real estate development function.

Benefits

• 403(b) matching
• Paid parental leave
• Health savings account
• Paid holidays
• Disability insurance
• Dental insurance
• Flexible spending account
• Paid time off
• Life insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Social Assistance
• Education Level: Bachelor's degree