VP, Development​/Originations; Affordable Housing

VP, Development/Originations (Affordable Housing)

$155,000-$195,000 annually DOE, plus 30% bonus potential

TheVP,Development has two primary areas of responsibility.

The first is the primary manager of the strategic repositioning of the portfolio of properties managed by Community Properties of Ohio (CPO) where OCCH or an affiliate controls the General Partner.

This may include dispositions, preservation/rehabilitationtransactions carried out by development partners, andpotentiallyacquisitions.

The second responsibility is to implement and refine a business development platform that includes consulting, technical assistance, and training, focused on Public Housing  these roles, theVP,Development works independently but in coordination with other departments and with CPO.

• Responsible for implementing a strategy, approved by the OCCH board and Leadership Team, for the repositioning of the portfolio of properties where OCCH or an affiliate controls the General Partner
• Manages a comprehensive effort with HUD to restructure the regulatory requirements for the CPO portfolio to best support the properties’ long-term physical and financial viability as affordable housing
• Provides oversight and direction to external firms carrying out specific components of the repositioning strategy, including developers, commercial brokers, and professional consultants
• Responds to development partner needs for due diligence, financial reports, and coordinating physical access
• Evaluates and proposes frameworks thatoptimize
  
  OCCH’s role and outcomes in the ownership and/or management of affordable housing and strategies to achieve them
• Responsible for thetimelyandappropriate flowof communication internally at OCCH and CPO, with external property stakeholders, and with agency partners
• Fosters potential equity investment and lending opportunities aligned with investor and OCFC needs through consultation that advances PHA portfolio repositioning and development pipelines
• Develops introductory and technicalassistancematerials for use in consultation with PHA’s on public housing conversion and redevelopment
• Helps to create a consulting revenue generation structure for OCCH that provides value to PHA and developer partners
• Participate in exploringnew investment and lending opportunities focused on non-traditional areas of operation for the organization
• Other duties as assigned

• Minimum of 5 years of direct experience in affordable multifamily housing
• Experience with complex, mixed-finance transactions utilizing tax-exempt bonds, LIHTC, HUD and other affordable housing finance tools
• Comprehensive knowledge of HUD public housing conversion and LIHTC programs, commercial real estate development, partnership legal, taxation, and regulatory issues

• Abilitytointeractwell with external and internal (cross-functional) partners
• Thorough understanding of LIHTC underwriting model
• Strong attention to detail
• Ability to be an effective liaison between different constituent groups
• Ability to work independently and drive outcomes

OCCH is a mission-aligned, non-profit low-income housing tax credit (LIHTC) syndicator. For over 35 years, OCCH has leveraged investor capital to enable affordable housing developments in ten states, totaling over $7billionin equity investments and 66,000 units. OCCH supports developments and partners throughout the investment lifetime via itsexpertiseand affiliate organizations – OCFC, OCIC, Community Properties of Ohio (CPO), and the Affordable Housing Training Academy (AHTA).

OCCH invests in creating community through housing and partnerships.

To learn more about OCCH visit,(Use the "Apply for this Job" box below)..

Our mission is to advance the preservation, production, and management of affordable housing through collaborative partnerships and innovative thought leadership. Our mission is at the heart of everything we do. Our core values are our building blocks and foundation. Our values of CREATING
:Collaboration &Communication,Respect,Expertise,Accountability,Trust,Innovation,Nclusion &Growth, will guide our behaviors, ensuring a consistent focus on quality and progress…