Vice President, Affordable Housing Development
Hoppe Development
Location: Based in Lincoln, Nebraska
Full-Time | Executive Leadership
Position Summary
The Vice President of Affordable Housing Development will create and oversee a pipeline of projects through the development lifecycle, including affordable, mixed-income, and supportive housing projects using LIHTC (4% and 9%), bond-financed developments, acquisition/rehab, and a variety of community financing initiatives. This position will lead feasibility, site acquisition, entitlement & design, financing, construction oversight, lease-up, and the transition to compliance while managing internal and external project teams.
This role is ideal for a seasoned developer with deep experience in LIHTC structuring, public financing tools, stakeholder negotiation, and execution across multiple concurrent projects. The position carries responsibility for both direct project production and leadership of a cross-functional team of development professionals.
Key Responsibilities
- Strategic Leadership
- Lead a development team and pipeline effort to secure 2-4 deals per year in select markets, including the identification and origination of projects in those markets.
- Build and maintain relationships with state HFAs, municipalities, funders, community partners, investors, lenders, and service providers.
- Project Origination & Feasibility
- Evaluate sites for acquisition; lead due diligence, financial feasibility, and initial design/programming.
- Lead LIHTC application strategy (4% bond deals and 9% competitive), including interpreting QAPs, securing site control, assembling the project team, and submitting competitive applications.
- Partner with the CFO to lead financial underwriting, including pro forma development, return analysis, and credit and basis calculations across the portfolio.
- Financing & Capital Structuring
- Coordinate all project financing, including LIHTC equity, tax-exempt bonds, soft funds (HOME, CDBG, AHP, HTF), private debt, and philanthropic or public-sector resources.
- Manage the closing processes including legal documentation, regulatory agreements, partnership structures, and due diligence.
- Design, Entitlement & Construction Oversight
- Manage architects, engineers, environmental consultants, and other design professionals to keep projects on schedule and within budget.
- Lead entitlement and permitting processes; present to planning commissions, city councils, and community stakeholders.
- Work collaboratively with general contracting team to select and manage construction execution.
- Lease-Up & Transition to Operations
- Ensure seamless transition from construction to operations, including lease-up strategy, compliance readiness, and integration of supportive services.
- Team Leadership & Organizational Growth
- Mentor and develop development managers and analysts; establish and standardize best practices in financial modeling, due diligence, documentation, and reporting; and contribute to building a culture of excellence and mission alignment across the team.
Qualifications
- 7+ years of experience in affordable or mixed-income housing development, with significant responsibility for LIHTC projects (4% and/or 9%).
- Deep understanding of LIHTC underwriting, acquisition/rehab structuring, tax-exempt bonds, layered financing, and partnership agreements.
- Proven ability to lead complex projects from concept through stabilization.
- Strong financial modeling skills (Excel/Google Sheets, pro forma analysis, basis and credit calculations).
- Experience interfacing with state HFAs (e.g., NIFA, IFA), federal and local funding programs, and municipal entitlement processes.
- Excellent communication skills and comfort presenting to public bodies, investors, and community groups.
- Ability to lead multiple projects simultaneously with strong organizational and time-management capacity.
- Bachelor's required; Master's in real estate, urban planning, public administration, finance, or related field preferred.
- Candidates based in or willing to relocate to Lincoln or Omaha are preferred. Remote candidates with a presence in the Midwest development market will be considered.
