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OCCH · 3 hours ago

VP, Development/Originations (Affordable Housing)

Columbus, Ohio Metropolitan Area

Full-time

Onsite

Lead/Staff, Director/Executive

5+ years exp

OCCH is a mission-aligned, non-profit low-income housing tax credit (LIHTC) syndicator focused on advancing affordable housing. The VP, Development will manage the strategic repositioning of properties and implement a business development platform centered on Public Housing conversion.

ConstructionNon ProfitProperty Development

Responsibilities

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 that optimize OCCH’s role and outcomes in the ownership and/or management of affordable housing and strategies to achieve them

Responsible for the timely and appropriate flow of 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 technical assistance materials 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 exploring new investment and lending opportunities focused on non-traditional areas of operation for the organization

Other duties as assigned

Qualification

Affordable multifamily housingMixed-finance transactionsLIHTC programsHUD public housing conversionCommercial real estate developmentTaxationRegulatory issuesLIHTC underwriting modelEffective liaison skillsCross-functional collaborationAttention to detailIndependent work

Required

Bachelor's degree required

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

Ability to interact well 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