Category: 
Job


Location: Tulsa, OK

Vice President, Housing Development

Background
PartnerTulsa (legally operating as the Tulsa Authority for Economic Opportunity) was established in 2021 to streamline and lead the City of Tulsa’s economic development efforts. Its mission is to improve and elevate the lives of all residents by taking a multi-layered approach and engaging strategic partnerships to grow an equitable, vibrant and sustainable economy.

PartnerTulsa manages major economic and community development programs and resources for the City of Tulsa, including business retention, expansion, and attraction efforts; small business and entrepreneurship programs and the Small Business Enterprise program; workforce development efforts to increase access to quality jobs; development and redevelopment projects in neighborhoods and commercial districts; public incentive programs to support development and job growth; and strategic asset management to create resources for operations and programs.

Position Summary
The VP of Housing Development, in collaboration with the City and key partners and stakeholders, will strategically build upon and expand public finance tools, development activities and organizational capacity to drive the preservation and production of housing in Tulsa.

PartnerTulsa aims to add 1,000 housing units to its development pipeline in the next three years, a 67% increase over the current pipeline of projects in pre-development, development, or early construction receiving or seeking public incentives or development finance assistance. The VP of Housing Development will build the organization’s critical housing finance expertise and capacity to achieve these projected outcomes, becoming a leading voice on housing finance and development in the city, region, and state. The ideal candidate will have an understanding of nearly every aspect of the real estate business—market-rate and affordable, development and finance, for-profit and nonprofit finance and development—bringing a depth of experience in land acquisition, entitlement, funding sources, and financial structures.

Responsibilities

  • Oversee all project development activities from strategic planning of new development through pre-development, development, construction, lease-up, finance conversion, and asset management.
  • Deploy Public Finance Tools to support development (including but not limited to Low Income Housing Tax Credits, Revolving Loan Funds, Tax Increment Financing, Tax-exempt Bond Financing, governmental grant programs, philanthropic grant programs, etc.)
  • Identify and acquire real estate in support of housing development
  • Identify resources to remediate publicly owned sites
  • Identify, recruit and manage relationships with real estate developers
  • Manage and deploy creative public finance tools
  • Identify, Seek, and Secure Short- and Long-term Funding to meet gaps in Housing Finance Requirements
    • Advocate for and secure consistent sources of local and state funding
    • Leverage federal funding opportunities in support of housing development
    • Develop and execute fundraising efforts to secure corporate and philanthropic commitments in support of housing development
  • Leverage data to inform initial and ongoing decisions and strategies
  • Provide analytical support for investment and strategic business decisions in real estate development
  • Evaluate and establish project objectives in order to maximize the use of the property and the ROI
  • Work with development, design, construction and third-party professionals to develop and refine plans to produce high quality communities that are responsive to the needs of residents/tenants and are financially viable
  • Collaborate with community and government organizations to make sure that housing needs and opportunities are part of every economic development plan in the city

Knowledge, Skills and Abilities

  • Has worked in/had exposure to nearly every aspect of the real estate/housing development business – market-rate and affordable, development and finance, for-profits and nonprofits – bringing a depth of experience in land acquisition, entitlement, funding sources, and financial structures; emphasis placed on experience with Low Income Housing Tax Credits and Tax-exempt Bond Financing as well as other publicly-supported housing finance tools
  • Expert level written and verbal communication skills that reflect ability to perform and prioritize multiple tasks seamlessly with excellent attention to detail
  • Ability to foster and build positive relationships, work collaboratively with a wide variety of stakeholders
  • Demonstrated commitment to building and enhancing civic life which respects resident’s needs, goals and aspirations
  • Strong organizational skills and the ability to work under pressure and meet deadlines
  • Ability to proactively anticipate obstacles and create solutions
  • Must possess a strong work ethic, thrive in a fast-paced dynamic work environment, and do it all with a positive and proactive mindset
  • Track record working with community groups and other stakeholders in a transparent and collaborative manner
  • Sense of humor preferred

Requirements

  • A Bachelor’s degree in a related field from an accredited institution is required, a Master’s degree is preferred
  • Minimum of 10 years’ experience in one or more of the following fields: real estate development (with an emphasis on housing); real estate finance; affordable housing programs; government incentive programs (federal, state, local); and project management
  • Live in, or able to relocate to Tulsa, OK within a reasonable timeframe. Relocation assistance will be provided

How to Apply
Apply online at: https://thrivepeo.isolvedhire.com/jobs/963062-140522.html