Senior Vice President of Housing & Real Estate Development
The Position: Senior vice president Housing & Real Estate Development
Reports to: Chief Executive Officer
Location: San Diego, California
Community HousingWorks provides and builds life-changing affordable apartment communities with resident-centered services for working families, seniors, and people with disabilities to forge a stronger future.
Founded in 1988, Community HousingWorks (CHW) is a nationally recognized 501(c)(3) nonprofit organization that develops, rehabilitates, preserves and operates affordable apartment communities in San Diego and throughout California. Our unique approach extends beyond an affordable place to call home. In addition to providing working families and seniors with stable homes in healthy communities, we layer in powerful programs, services and connections to resources.
CHW currently owns and operates over 3,500 apartments in 40 communities statewide, serving more than 9,000 working families, children and adults/seniors.
CHW's unique approach is to provide families and individuals in need with stable homes in healthy communities, then layer in powerful programs and links to just the right resources. The result? People in CHW homes are able to gain financial stability, improve their health and well-being, and see that the next generation of children succeed both in and out of the classroom. Through Financial Well-Being classes and coaching, each year over 300 households jump-start a healthier future, getting out of debt, improving credit, or saving for the future. Onsite community centers provide a safe place for residents to learn, grow and give back to the community. The Study Stars After School program focuses on achieving grade level reading for kindergarten through fifth graders.
CHW currently offers programming in four areas of highest impact for our mission: Financial Well-being, Next Generation Success, Health and Wellness, and Supportive Housing.
CHW has assembled an exceptionally talented team of employees, board and committee members from both the for-profit and nonprofit sectors. The diversity of backgrounds creates opportunities to bring broad skills, knowledge, and perspective to the essential components of their work: development, finance, compliance, asset management and resident services. Teambuilding and leadership skills are emphasized, and enhancement of job skills is supported and cultivated. CHW is committed to maintaining a positive, caring culture in which each team member embraces and demonstrates our values with each other, our residents, and community partners: Service above self, Respect people’s dignity and believe in their potential, Find a way or make a new one, Do what you say and own all you do, Reach for Excellence.
For more information, please visit the website: www.chworks.org.
CHW currently employs approximately 60 staff persons in departments including Housing & Real Estate Development, Community Programs, Asset Management, and Finance & Administration. Staff members have access to applicable trainings through NeighborWorks America, as a chartered member, and are encouraged to attend other training opportunities. All staff receives annual performance evaluations by their supervisor; the Board of Directors reviews CEO annually.
CHW has a strong balance sheet with total assets of roughly $157 million and over six months of operating cash on hand. The 2018 budget of $8 million will produce a positive net surplus of over $200 thousand.
The Leadership Team of CHW is comprised of Team Verde and Fusion.
Team Verde (aka Strategic Leadership Team)
The CHW staff is led by Team Verde. The role of Team Verde is to help to frame big strategy and mission/identity questions; to review proposed new initiatives; to identify new opportunities and threats; to own CHW’s performance on goals and financial targets. Team Verde is comprised of:
Fusion Leadership Team
The role of Fusion is to bring together non-Verde department leaders to implement cross-departmental priorities aligned with annual organizational goals, promote communication inter-departmentally that grows org-wide, and work at a practical plan for monthly progress at each group session.
The CHW Fusion team is comprised of mid-level managers and emerging leaders of the organization.
The Senior Vice President of Housing & Real Estate Development (“SVP HRED”) objectives are to direct and manage all aspects of multifamily real estate project initiation and development such that the organization achieves its financial and impact framework goals. This includes maintaining a solid pipeline of affordable and supportive housing projects and seeing those development projects through the entire cycle of development. This SVP HRED is the professional responsible for leading, mentoring and developing a world-class department team that leads acquisitions and project development smoothly within interdepartmental teams. This will be achieved by clearly communicating a vision and plan and collaborating across departments including programs and services, asset management and advancement to ensure the achievement of organizational goals.
In addition to enhancing internal information and communication flow, this professional is responsible for representing the organization externally at public forums, with community leaders, within the industry and with financial institutions and lenders. This SVP HRED will work closely with the CEO and the with the board of directors to ensure that the organization’s developments meet the approved criteria and that projects are developed on budget and on time.
The SVP, Real Estate Development is a member of the CHW Team Verde (aka Strategic Leadership Team) reporting directly to the CEO. S/he will work in concert and collaboration with the other members of Team Verde to assure functional continuity and connection with the key functions at CHW. The SVP will also participate in longer term organizational strategic planning with the Board, CEO, Team Verde, and other key organization resources.
CHW is at an exciting point in the organization’s growth and evolution. The organization has set a goal of 5000 units by 2020. Now commencing its 31st year, the organization has established itself as the leader in the San Diego market and is now focusing on expanding statewide to other parts of California. This SVP of HRED will take the lead on driving that work forward. The Housing and Real Estate Development team at CHW is comprised of high energy, smart, innovative, well-educated professionals, possessing a strong work ethic and commitment to CHW’s mission. The culture of CHW is one of healthy debate that encourages continuous learning and development among its professionals. It is an environment that is committed to the improvement of policy, procedures, and systems to create and enhance workplace efficiency. This is an exciting and potentially highly gratifying professional opportunity for a strong real estate development leader and manager in affordable housing.
Experience: 15+ years of professional experience in multifamily real estate development; 7+ years managing a multiple/7-10 project development team and growing a pipeline
7+ years of successful experience in leading and implementing community acceptance and political approval processes for real estate projects
Education: MBA or other relevant advanced degree; bachelor’s degree accepted with additional relevant work experience
Duties and Responsibilities:
Knowledge and Skills
A competitive compensation package, including a comprehensive benefits package, will be offered, commensurate with experience.