VICE PRESIDENT, REAL ESTATE DEVELOPMENT
Homeport is a non-profit housing developer based in Columbus, Ohio. Since its inception in 1987, Homeport has given greater security, opportunity, and dignity to thousands of low-income people by building quality, affordable homes, primarily financed with private investment leveraged by Federal tax credits. Homeport also develops new and renovated single- and multi-family homes designed to catalyze neighborhood revitalization, including market-rate homes, single-family, and lease-to-purchase homes.
In the understanding that providing a roof over someone’s head is only the start of a stronger home, Homeport surrounds its residents with comprehensive support to promote long-term stability and health. With the assistance of partners and volunteers, Homeport organizes out-of-school programs, free produce markets, and offers service connections for thousands of residents every year.
Homeport also equips thousands of Central Ohioans with the foundational skills needed for successful home ownership. Through group classes and one-on-one coaching, Homeport provides direction and training in key areas such as the home buying process, setting a budget, and avoiding foreclosure, with the goal of providing the tools everyone needs to be long-term stewards of a home.
Homeport creates strong communities by developing quality, affordable homes on a cornerstone of dignity, security, and opportunity.
Homeport Core Values
EXPECT TRUST [trust]
We make decisions based on facts and reasoned assumptions, not on biases and personal opinion. We seek clarity. We make sure transparency is at the core of our interactions and decisions. At the end of the day we feel comfortable that our work is guided by honesty and strong moral principles.
EMBRACE IT [accountability]
Showing up on time, coming fully prepared to contribute and staying engaged is expected. Each of us has a unique and important role at Homeport and take full ownership in carrying out our duties and responsibilities. Do we get it right every time? No, and we respectfully offer and accept constructive feedback to better ourselves and Homeport.
STOP, COLLABORATE AND LISTEN [collaboration]
Let’s work together and make sure we provide our residents with the best we can offer. We seek help because our colleagues will offer their expertise. We can make better decisions when we include those affected. Think bigger!
ASSUME POSITIVE INTENT [respect]
We all came to Homeport with different backgrounds and life experiences. As colleagues we value relationships and embrace others’ diverse experiences, dreams and quirky habits. A different perspective should be assumed to be with positive intent and extended the most generous interpretation possible. Be kind to one another.
STRETCH YOURSELF [quality]
Our residents choose to live in a Homeport community because we provide security, opportunity, and dignity. We constantly challenge the status quo, and we don’t take questions personally, but rather, as a means to be the best organization we can be. To exceed expectations in every facet of our work we must embrace change and do what is right, not just what is easy.
The Vice President, Real Estate Development is responsible for leading and managing all aspects and phases of Homeport’s Real Estate Development team driven by our #1 Strategic Priority of Closing the Affordable Housing Gap. Priorities and proven experience in delivering profitable Low-Income Housing Tax Credit Development, Rental and Homeownership, and supplementing with profitable workforce-market products that leverage common design, construction, and operational best practices. Oversite includes site acquisition, land use and zoning analysis; financial feasibility, packaging and closing; project management with construction and administration; stabilized occupancy and transfer to Asset Management and Operations. This position reports directly to the President/CEO of the organization.
Duties and responsibilities
Maintain and grow a robust development pipeline by locating and securing potential site (both vacant land and existing property) acquisitions. Assess feasibility including property condition, entitlement probability, financial and market analysis, initial product identification, environmental studies, engineering, and land use studies, etc.
Responsible for managing and overseeing the planning and entitlement process, including building relationships and representation before area commissions and community groups, municipal and other regulatory boards, working with real estate attorneys, land planners, architects, engineers and other consultants, and local officials.
Supervise, support, and mentor members of the Real Estate Development team, including Directors, Project Managers, Analysts and Coordinators.
Oversee and lead the entirety of the real estate development process including financing, closing, administering design and construction contracts, establishing scope, pricing, performance, adherence to budget and schedule, and placement into service.
Oversee the development of re-capitalizing and re-structuring strategies for existing assets.
Work collaboratively with Homeport’s Finance, Asset Management, Resident Services and Resource Development teams to gain input on real estate development strategy and create projects that reflect community needs, organization’s expertise, and organization’s risk tolerance.
Identify and promote new business development opportunities related to real estate development.
Maintain current knowledge of the tax credit and public funding environment for affordable housing development.
Participate in organizational strategic planning and other executive team processes.
Minimum of 10 years work experience in real estate development related fields including construction, finance, architecture, urban planning, government regulatory agencies, community relations, and project management. Priority given to those with demonstrated knowledge of tax credit, affordable housing (LIHTC), and historical tax credit experience.
Bachelor’s Degree in business, real estate and/or finance, architecture or urban planning or related major. Advanced degree preferred.
Demonstrated knowledge of the market dynamics and real estate values in each or given area/region.
Demonstrated record of successful projects.
Demonstrated ability to lead a diverse and highly engaged professional team.
Demonstrated high energy with the ability to succeed in a transaction-oriented environment.
Expert level written and verbal communications skills.
Collaborative partner with proven relationship building and management skills for internal and external stakeholders.
Significant experience in conceptualizing, site planning, programming, and executing development of single and multi-family projects.