HCi Advisory Group (formerly Human Capital Initiatives) · 15 hours ago
Vice President of Development Finance & Underwriting
Philadelphia, PA
Full-time
Onsite
Director/Executive
$130K/yr - $175K/yr
7+ years expHCi Advisory Group is seeking a Vice President of Development Finance & Underwriting for the Philadelphia Housing Authority (PHA), one of the nation’s largest public housing agencies. This leadership role involves providing strategic oversight of financial and underwriting functions to support PHA’s affordable housing development portfolio.
AdviceConsultingHuman ResourcesRisk Management
Responsibilities
Lead the underwriting of public housing and affordable housing development and redevelopment projects, evaluating feasibility, risk, and financial viability
Develop and structure project capital stacks, including debt, equity, grants, and other funding sources, in alignment with organizational objectives and program requirements
Prepare, review, and maintain detailed proformas and financial models for new construction and rehabilitation projects
Provide transaction support, including due diligence coordination, funding submissions, lender engagement, and closing documentation
Develop and implement financial strategies for the development pipeline to optimize capital efficiency and long-term asset performance
Collaborate closely with Finance, Asset Management, Property Management, and external lenders to ensure projects meet financial, operational, and regulatory goals
Monitor financial performance of active projects and provide analysis and recommendations related to restructuring, refinancing, or operational improvements
Provide leadership, guidance, and mentorship to development, finance and underwriting staff
Ensure compliance with federal, state, and local financing requirements, including HUD, LIHTC, RAD, and other public and affordable housing programs
Participate in executive-level decision-making related to project approvals, investment strategies, and capital allocation
Maintain accurate financial documentation and reporting to support internal management, audits, and lender requirements
Qualification
Required
Bachelor's degree in Finance, Accounting, Real Estate, Economics, Business Administration, or a related field
Seven (7) or more years of progressive experience in real estate development finance, underwriting, or capital structuring, preferably within affordable or public housing
Demonstrated experience leading underwriting, financial modeling, proforma analysis, and transaction support for complex development projects
Experience collaborating with Finance, Asset Management, Property Management teams, and external lenders
A valid Commonwealth of Pennsylvania Driver's License is required
Benefits
Medical
Dental
Life insurance
Short- and long-term disability
Flexible spending accounts
Participation in the PHA Defined Contribution Retirement Plan and 457 plan
Paid time off
Paid holidays
Company
HCi Advisory Group (formerly Human Capital Initiatives)
HCi Advisory Group (formerly Human Capital Initiatives) helps organizations unlock potential and deliver results.
Founded in 2003Washington, District of Columbia, USA
2-10 employees
Funding
Current Stage
Early StageLeadership Team
Jason Geno
Founder & Managing Principal
Recent News
Company data provided by crunchbase