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Vice President of Housing Development
Job
AHEPA Senior Living
Fishers, IN (In Person)
$150,000 Salary, Full-Time
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Job Description
We're Looking for a Dynamic Vice President of Housing Development! AHEPA Senior Living is a mission-driven nationwide provider of safe and dignified affordable housing and quality aging services to seniors, allowing them to thrive in the comfort of their homes. A commitment to service, excellence, and philanthropy in everything we do embodies our philosophy. We take pride in giving back to the communities we serve. Since 1996, our parent company has donated more than $5 million to charitable causes that, for example, support the blind and survivors of domestic violence, and to educational initiatives such as offering scholarship opportunities for students pursuing careers in fields benefiting older adults or in property management. Approximately 5,500 seniors at 91 communities live vibrant and full lives in beautiful and safe AHEPA-owned and managed properties. This is why you will hear our residents often say, "I feel like I'm at home," and "I feel like I have family here." If you are a dynamic person looking to put your experience and excellence to work for the cause of assisting seniors, we would like to speak with you about this awesome opportunity to join our purpose-driven and growing team! The Vice President of Housing Development leads the organization's affordable housing development efforts, including new construction, acquisition, and preservation of communities serving older adults. This role is responsible for moving projects from concept through stabilization and ensuring they are delivered on time, on budget, and aligned with the organization's mission and long-term growth strategy. Working closely with executive leadership, the Vice President will help expand the organization's affordable housing portfolio and establish a more formalized development function. This is an opportunity to build structure, processes, and pipeline while advancing both new development and preservation initiatives. As the Vice President of Housing Development, you will apply your dynamic abilities by: Demonstrated experience structuring LIHTC transactions and layered financing for new construction and preservation projects, including recapitalization and repositioning. Strong knowledge of HUD programs, particularly Section 202 and Rental Assistance Demonstration (RAD) conversions, preferred. Lead the development process from inception to closing, which includes, but is not limited to site identification, contract negotiations, entitlement work, underwriting, site design, relationship building / management with development and agency partners, etc. Prepare and submit financing packages including Low-Income Housing Tax Credit, Tax Exempt Bond, HUD financing and other soft financing as needed and/or rental subsidy applications. Creating new real estate opportunities in affordable housing for seniors. Coordinating all aspects of the development and entitlement process from inception to closing. Preparing and submitting financing packages including; low-income housing tax credit, tax exempt bond, HUD financing, and other soft financing as needed. Overseeing the asset management of AMC's senior housing and affordable assisted living communities. The ideal candidate will possess the following: Bachelor's degree in Business, Real Estate, Finance, Investments or related, required 5-10 years' experience preparing and submitting financing packages for various project types Self-starter who is able to work with minimal supervision A team player with an ability to operate effectively in a fast-paced environment Ability to work on multiple projects simultaneously with frequent interruptions Low Income Housing Tax Credit application experience Excellent communication/interpersonal and listening skills Proficient computer, spreadsheet and math skills Must be available and able to travel Must have and maintain a valid driver's license AHEPA offers a generous time off plan; competitive healthcare benefits; and a generous 403b retirement plan. We look forward to hearing from you! Please apply to join our team!