VICE PRESIDENT - REAL ESTATE DEVELOPMENT

Vice President Of Real Estate DevelopmentFull Circle is seeking a Vice President of Real Estate Development (VPRED) to join our Real Estate Development Team as a senior officer-level role to take affordable housing projects from idea to reality, while managing the people, money, risk, and community relationships required to do so at scale.They will oversee the entire lifecycle of a portfolio of affordable housing projects, secure and structure funding for projects, manage external relationships and community engagement, manage and develop a team and serve as a proxy for executive leadership.The position reports to the Executive Vice President of Real Estate Development (EVPRED). Specific duties of the Vice President, Real Estate Development are outlined below.What You'll Do:Real Estate Development:Initiate and evaluate new development opportunitiesAnalyze federal, state, and local priorities for creation, acquisition, and financing of affordable housingSupport formulation of the department project pipeline and staffing workplanEvaluate potential sites to determine feasibilityNegotiate purchase agreements and establish site controlOversee development projects from initiation to completion with a clear set of responsibilities in each of these stages:Pre-developmentOversee staff on initiation, underwriting, and evaluation of opportunitiesAnalyze project within federal, state and local funding prioritiesLead project mission formulation: identifying target resident population, service provider partners, and potential Joint Venture (JV) opportunitiesOversee financing applications and secure project financing commitmentsOversee the work of project consultants, approve project partner selection, and lead on-going evaluation processBuild community support and oversee entitlements processOversee closingsConstructionOversee staff's implementation of the construction process to assure compliance with plans, schedule, and organizational goalsApprove development-related payment requests, budgets and accounting reports, requests for proposals, and contractsMonitor project funds, forecast cash flows, and oversee loan drawsOversee construction, architectural, and financing approvalsOversee and facilitate coordination with property management and Mission ImpactClose-out and hand-offOversee and facilitate transition from development to property management and long term operationsOversee certificate of occupancy and other completion approvalsOversee and guide conversion from construction to permanent financingOversee and guide punchlist completion and on-going warranty requestsTeam Leadership and Strategy:Work closely with leadership to formulate and coordinate development policy, goals, and budgets with approval of the President & CEO, Senior Staff, and Board of DirectorsManage staff members on the real estate development team with a focus on performance support and evaluation, as well as hiring and onboardingOversee all acquisition, financing, design, and construction activities of assigned staff on one or more developments per yearAt discretion of the EVPRED, prepare departmental reports, including Board reports, developer fee projections, and risk rating reports, and participate in Board and committee meetingsAssume the responsibilities of the EVPRED in their absencePerform other tasks as assigned by the EVPRED or President & CEORelationship Management:Create and maintain strategic relationships for the organization and projectsFormulate and direct project community outreach strategies and coordinate with local advocacy groupsParticipate in neighborhood and community meetingsContribute to City / County / State policy planning and advocacy effortsBuild, maintain, and evaluate relationships with funders, consultants, municipalities, and vendorsQualifications and Skills:Candidates must have:Bachelor's degree or appropriate professional experience may be substituted for a degree10+ years of direct experience in affordable housing development including completing multiple affordable housing development projects, technical knowledge and ability to structure complex private and public debt, equity, and grant funding for affordable housing development projectsSubstantial experience with architectural and engineering design and construction materials and methods, including the ability to read drawingsCompleted multiple affordable housing development projectsCapacity to exercise considerable initiative, independent judgment, assess risk, and communicate around typical acquisition, financing, construction, and design issuesEffective communicator verbally and in writing, with well developed analytical, negotiation and public speaking skillsPrior supervisory experience in the affordable housing field with demonstrated ability to supervise staff, mentor, train and provide feedbackAbility to collaborate with and lead a wide variety of individuals and groupsWorks productively under pressure and demonstrates ownership of work and outcomesStrong Candidates will have:Sustained exemplary performance as a Senior Project Manager OR Master's degreeCompleted 7+ affordable housing developments in leadership role such as a Project Manager, Senior Project Manager or Vice President5+ years of supervisory or management experience in the affordable housing fieldCompensation & Benefits:This is a full-time, exempt role and the salary range for this position is $145,000 - $180,000. Compensation and benefits are competitive and commensurate with experience. Benefits include health, dental, vision, IRA, life and supplemental insurance. Relocation assistance may be available for qualified candidates.Full Circle Communities headquarters are located in Chicago, Illinois, in the West Loop near UIC. Our corporate office functions in a relaxed, business casual environment. This role is hybrid with in-office expectations of at least two days in the office, including Wednesdays. This role requires occasional travel in the Chicago metropolitan area, Kalamazoo and Detroit, Michigan.At FCC, you're part of a mission-driven team that genuinely cares. You'll work in a supportive environment where your contributions are meaningful, your voice is valued, and your growth is encouraged. Here, you're helping build stronger communitiesone resident at a time.Application Process:Please apply online through Full Circle's Application Link. Please include a cover letter with your application.Pre- Employment Requirements: Final candidates will be required to pass a background check and provide professional references.Full Circle is proud to be an equal opportunity employer, and while we have a set of preferred qualifications listed, if you have other experience that you think is related, please apply.