Habitat for Humanity International · 2 months ago
Vice President of Affordable Housing (61682)
Chicago, IL, USA
Full-time
Onsite
Director/Executive
$155K/yr - $165K/yr
10+ years expHabitat for Humanity International is a leader in residential multi-family real estate management and development. They are seeking a dynamic and experienced Vice President of Affordable Housing to provide strategic and operational leadership for their expanding affordable housing portfolio across the Midwest, ensuring compliance, operational excellence, and resident satisfaction.
ConstructionHomeless ShelterNon ProfitResidential
Responsibilities
Set vision, strategy, and goals for affordable housing operations to achieve growth and performance objectives in alignment with company goals
Oversee all aspects of property management for a diverse and growing portfolio, including financial performance, asset preservation, and resident relations. Communicate and administer ownership directives. Make recommendations to the owners and Executive Management regarding policy and property management. Negotiate contracts for bulk purchases and common service contracts utilizing company’s volume, obtain necessary approvals if needed
Ensure full compliance with LIHTC, HUD, and other federal, state, and municipal subsidy programs, including oversight of all reporting and recertification processes
Provide hands-on leadership in the new construction process and the critical lease-up path for LIHTC developments, ensuring successful delivery, stabilization, and occupancy in alignment with regulatory timelines and requirements
Lead, mentor, and develop a high-performing team of regional managers and compliance professionals, fostering accountability and professional growth. Perform written evaluations of team members, making recommendations for salary increases, transfers and/or promotions. Develop and maintain a positive and productive team environment, providing guidance and motivation to maximize portfolio value and streamline reporting. Review and participate in hiring, performance management and termination decision
Serve as the primary point of contact with government agencies, investors, developers, and institutional partners; build and maintain strong relationships with all stakeholders
Monitor and drive key performance indicators (KPIs) for both internal and client-facing objectives, ensuring continuous improvement across all operational metrics. Responsible for financial controls, people management, facilities, quality and general business operations. Must possess the organizational agility to report on these measures, both internally and with external clients on a regular and timely basis
Support acquisition and development teams in due diligence, underwriting, and onboarding of new assets; facilitate smooth transitions and rapid lease-up/stabilization of new properties
Champion initiatives that enhance resident satisfaction, engagement, and community well-being. Establish and maintain relationships with community stake holders beneficial to the property and residents
Qualification
Required
At least ten years of proven progressive experience in overseeing a large multi-family affordable housing portfolio, with at least five years in a leadership or executive capacity
Deep expertise in the Low-Income Housing Tax Credit (LIHTC) program and related subsidy platforms (HUD, state and local)
Demonstrated experience and knowledge of the new construction process and critical lease-up path for LIHTC developments
Strong understanding of affordable housing compliance, finance, and regulatory requirements
Proven ability to lead, inspire, and manage multidisciplinary teams across multiple locations
Strong quantitative, financial analysis and modeling (MS Excel) skills
Exceptional communication, negotiation, and problem-solving skills
Strong project management skills, results-driven, adaptable with ability to manage multiple priorities and meet deadlines
Exceptional written and verbal communication skills
Flexibility for travel is essential for this position, as the Vice President is responsible for assets in out-of-state markets
Preferred
Advanced degree (MBA, MPA, or related) is a plus but not required
Proficiency or familiarity with Yardi is a plus
Certifications for housing programs including but not limited to Project-Based Section 8, Low Income Housing Tax
Real Estate license required, undergraduate degree preferred
Benefits
Performance-based bonus structure
Medical
Dental
Vision
401k
Other benefits offered through Habitat
Company
Habitat for Humanity International
Habitat for Humanity provides affordable housing solutions through community partnerships and volunteer efforts.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
$3.73MKey Investors
Kauffman FoundationThe Cigna Group FoundationBlackHawk Network
2025-05-08Grant
2024-08-12Grant· $0.25M
2024-01-24Grant· $1M
Leadership Team
Elizabeth Satow
Area Vice President Asia Pacific
Recent News
2025-12-16
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