Vice President of Portfolio Management

ORGANIZATIONAL BACKGROUND

Nearly sixty years ago, civil rights leader Cesar Chavez ignited a movement that would transform communities by championing the rights of farm workers. Over the years, the Cesar Chavez Foundation (CCF), a California non‑profit public benefit corporation, has carried‑on Cesar’s legacy and has adopted an aggressive and innovative approach to addressing the needs of farm worker communities by developing and operating a chain of rural health clinics, farm worker cooperatives and the nation’s first farm worker retirement home.

In addition, CCF established educational and vocational training programs that prepared farm workers for employment outside the agricultural industry. In the mid‑1990’s CCF consolidated its operations. Social service offices throughout California were spun‑off. Vocational and training programs were decentralized to ensure continued high‑quality instruction.

Today, CCF has grown and adapted into a successful group of high‑performing social enterprises that support Latinos and working families by inspiring and transforming cross‑generational communities from rural to urban areas. CCF serves millions of individuals through affordable housing and economic development, education, multi‑media communications and the National Chavez Center (NCC). With more than 300 employees across five states, CCF addresses the crucial needs of our communities, while remaining sustainable, strategic and fiscally responsible.

Propelled into elevated impact by its Strategic Plan adopted by the Board of Directors in January 2024, CCF aspires to become the largest, most far‑reaching Latino‑serving social enterprise over the next ten years. Furthermore, the Strategic Plan contains three long‑term objectives to begin our journey towards becoming that far‑reaching social enterprise: (1) Establish a full operating presence in Texas; (2) Expand our programmatic reach using two distinct growth models, and;

(3) Make Chavez Community Capital (CCC) fully‑functional. In addition to maintaining and growing their current programs, the CCF executive management team is tasked with engineering this significant leap forward.

Over the last 30 years, CCF has assembled a real estate portfolio (the “Portfolio”) with a book value of over $1B. We estimate that the market value of the Portfolio is closer to $1.5‑$2.0B. The Portfolio consists primarily of affordable multi‑family housing, with small components of commercial store‑fronts, professional office space and market rate multi‑family. More specifically, the Portfolio consists of 49 multi‑family affordable housing properties accommodating 4,163 units, two professional office buildings totaling approximately 17,000 square feet, two commercial strips with a total of 13 rental units and two historic sites (40 Acres and La Paz) totaling more than 220 acres and accommodating approximately 75,000 square feet of residential and office space.

The Portfolio is situated in urban, suburban and rural communities in CA, AZ, NM and TX; with more residential properties, both affordable and market, in development.

The over‑riding responsibility of the Vice President of Portfolio Management is to preserve and enhance the financial, social and physical value of CCF’s real estate portfolio. The Vice President of Portfolio Management exercises this responsibility through the leadership, management and oversight of four essential portfolio sub‑functions:
Asset Management, Risk Management, Property Management and Community Services. Combined, these essential sub‑functions continually oversee the daily operations of every site, monitor financial performance of each property, plan and guide the long‑term financial and physical health of the portfolio, develop and implement recovery plans for troubled properties, resolve complicated compliance matters, ensure the provision of LURA‑required and CCF signature tenant services, communicate with multiple investors and property lenders, mitigate risk and manage insurance coverage.

The Vice President of Portfolio Management position is a new position, meant to unify all portfolio sub‑functions…