VP of Affordable Housing Development

Job Description

Hirewell is very proud to partner with our nonprofit partners like Bickerdike Redevelopment Corporation to assist in a small way with their noble mission. We are currently assisting to place their Vice President of Real Estate Development position to help serve the need for affordable housing within the City of Chicago. If you are interested in this position, please contact jim@hirewell.com to learn more.

The Vice President of Real Estate Development plans, directs and controls the operations and supervision of the Housing Development Department, and all real estate development activities, as well as the Technical Assistance - Community (TACOM), Small Accessible Repairs for Seniors (SARFS) and CHOO programs. In all instances the Vice President of Real Estate Development must perform in accordance with and be committed to the Bickerdike mission.

RESPONSIBILITIES

• Provide direct supervision, evaluation and direction to Development Project Manager(s), Construction Project Manager(s), SARFS and TACOM Program Administrator and other staff, as applicable. Carry-out the recruitment, screening, training and orientation of new staff ensuring adherence to all company directives as delineated in the manual of operations and policies, and elsewhere.
• Oversee and manage Bickerdike's real estate development department and all its real estate projects and initiatives and ensure all projects are consistent with the organization's mission and community development perspective and comply with Bickerdike's design and operations priorities.
• Coordinate, oversee and carry out the management of housing development projects and the development process from conception to completion, including but not limited to : project formation and formulation, selection and assembly of development team, government approvals, architectural design, project financing, pre-construction, closing, construction oversight, project completion and turnover, and all related compliance.
• Evaluate, initiate and oversee new housing development opportunities including but not limited to : consistency with Bickerdike priorities, evaluation of potential sites to determine feasibility, negotiation of purchase agreements, exploration of financing for new projects, securing predevelopment financing, and obtaining the necessary approvals.
• Facilitate and ensure meaningful opportunities for community involvement throughout the housing development process. Ensure that the public is adequately informed of and involved in Bickerdike’s development activities in coordination with other Bickerdike departments as appropriate.
• Oversee, ensure and carry out financial analysis and pro-forma preparation for all housing development projects, ensuring their financial feasibility, long term financial success and sustainability.
• Coordinate, oversee and ensure the negotiation, preparation and execution of all legal documents and contracts, in coordination with the Chief Executive Officer (CEO).
• Oversee and ensure all required insurance coverage is communicated and secured, including accurate information on type of insurance, required limits, additional insured and certificate holders, and transfer of buildings from builder's risk coverage to regular property, general liability and other insurance coverage, in coordination with the Chief Operating Officer (COO) or other responsible party.
• Oversee and ensure the CHDO, SARFS and TACOM programs, including but not limited to : application submission, finalizing program work plans and City of Chicago delegate agency contracts, ensuring the completion of the program goals, and submitting necessary documents and reports. Coordinate program vouchering process with the Accounting Department.
• Develop, direct and oversee short and long-term planning for the Housing Development department in consultation with the CEO, as appropriate, and
• ensure plan implementation with staff through regular supervision and departmental meetings.
• Staff the Rockwell Community Development and BRC Affiliate Board meetings, ensuring all required coordination and advance preparation for meetings.
• Keep the CEO informed of housing development and department activities, and consult with the CEO on legal, financial and programmatic matters, as appropriate.
• Oversee, ensure and carry out the coordination with and timely transfer of all relevant housing development information for each project to Property Management, Asset Management, and Accounting departments.
• Engage and work in coordination with Property Management, Community Engagement and Organizing and other departments on issues affecting the housing development and construction process.
• Maintain working relationships
• and communications with elected officials, City of Chicago Department Housing & Department of Planning and Development (DPD), Illinois Housing Development Authority (IHDA), Chicago Housing Authority (CHA), other relevant government entities, equity syndicators, foundations, private banks, and other funders.
• Maintain current knowledge of housing policy issues, development resources, and guidelines, policies and procedures for HUD, IHDA, DPD, CHA, Low Income Housing Tax Credit, and other housing development subsidy programs utilized in the financing of Bickerdike development projects.
• Oversee the maintenance of paper and electronic document archive system for all housing development documents including all government, subsidy, development, and partnership related documents and contracts, and ensure all required reporting is carried out and submitted to partners, governmental agencies and others as appropriate.
• Coordinate and engage with the Resource Development and Communications managers to prepare grant applications, apply for awards and respond to press inquiries related to housing
• development or other relevant issues.
• Represent Bickerdike at community and other meetings as appropriate.
• Perform other relevant tasks assigned.