WHAT WE DO
For nearly 45 years, the San Diego Housing Commission (SDHC) has provided essential housing services to families and individuals with low-income and experiencing homelessness in the City of San Diego. SDHC has earned a national reputation as a model public housing agency, creating innovative programs to address the housing crisis in the City of San Diego – the eighth largest city in the nation and the second largest in California.
SDHC’s properties provide essential housing for seniors, families, and permanent supportive housing participants. The portfolio includes a wide range of units, including multifamily high-rise buildings, single-family homes, Single-Room Occupancy (SRO) units, and Accessory Dwelling Units (ADUs). SDHC also partners with third-party resident service providers to offer onsite supportive services for residents at many of these properties.
For more information about SDHC, please visit: www.sdhc.org
LEADERSHIP & CULTURE
Our vision: everyone in the City of San Diego has a home they can afford. This vision is both the foundation of our organizational culture and the shared commitment amongst the 390 team members comprising our agency. Leading us in this important work is Lisa Jones, an accomplished and long-serving executive at the Commission who was recently promoted into the role of President and Chief Executive Officer. In her more than 20 years of service in the areas of affordable housing and homelessness, Lisa has developed and implemented housing assistance approaches that focus on the unique needs of clients. Formerly serving as the SDHC’s Executive Vice President of Strategic Initiatives, she is just the sixth leader in the agency’s 45-year history, which reflects the agency’s stability, financial strength and dedication to developing and advancing talented leaders from within the organization.
This role will report to Deputy CEO Jeff Davis, a 27-year veteran of the SDHC. As the second most senior leader in the organization, Jeff works closely with the President & Chief Executive Officer on a variety of strategic initiatives to anticipate challenges and deliver innovative solutions that will have a positive impact on the families SDHC serves.
SDHC is committed to training, development, and internal promotion, within a stable culture that supports team members personally and professionally. Our exceptional employee benefits package is another reflection of that commitment to building tenure and strong professional expertise.
COMPENSATION & BENEFITS
- Salary: $200,000 - $225,000.
- 9/80 compressed work schedule with alternating Fridays off
- Employer-paid pension contribution of 14% to base salary
- 457 tax-deferred savings plan with a 1.5% employer match
- Compensation for exceeding performance expectations
- Medical, dental, vision, and life insurance
- Flexible spending account
- PTO starting at 28 days of annual leave, 14 paid holidays
- Tuition reimbursement of up to $5,000 annually, training opportunities, and mentoring program
- Wellness and employee assistance programs
- Rewards and recognition program
- Car allowance
For more information on SDHC’s benefits package, please visit www.sdhc.org/sdhc-employee-benefits/.
LOCATION
This is a hybrid role with an office located at 1122 Broadway, Suite 300, San Diego, CA 92101.
POSITION SUMMARY
This is a broad role with the opportunity to be an innovator and problem solver within the agency. The SVP will be a bridge builder across the entire organization, overseeing four of SDHC’s critical programs: 1) Multifamily Housing Finance, 2) Single-Family Housing Finance, 3) Real Estate Development and 4) Real Estate Finance and Acquisitions.
The SVP will oversee all efforts regarding real estate acquisition and development, lead a team of 4 direct reports and more than 24 team members, working collaboratively to develop and manage housing for low-to-moderate-income San Diegans. Each team member is committed to SDHC’s mission and cares deeply about the work they do. In addition to leading the teams and managing $189 million in annual revenue, the SVP must carefully balance our double bottom-line objectives, supporting social impact with financial performance. Reporting to Deputy CEO Jeff Davis, the SVP will manage 4 Vice Presidents (VP of Multifamily Housing Finance, VP of Single-Family Housing Finance, VP of Real Estate Development, and VP of Real Estate Finance and Acquisitions).
This is a highly visible leadership position, interfacing with a wide array of cross-departmental colleagues and stakeholders, both internally and externally, including senior SDHC executives, the SDHC board, the city council, contracted service providers, and more. The SVP will regularly provide briefings and presentations to high-level leaders and decision-makers.
SDHC is one of only 39 original Moving to Work (MTW) agencies, selected from approximately 3,200 public housing authorities across the nation. This special MTW status provides SDHC the flexibility to design and implement innovative, cost-effective approaches to provide Federal housing assistance. The SVP will have plenty of growth opportunities, as we look for additional properties to create more affordable housing.
DUTIES & RESPONSIBILITIES
- Manage SDHC’s entire Real Estate Division (aside from Property and Asset Management).
- Develop, strategize, and implement plans for the densification of SDHC’s portfolio.
- Leverage new opportunities for property rehabilitation and expansion.
- Evaluate developer proposals, review and score applications, and manage contract negotiations.
- Stay informed about new affordable housing trends and innovations, as well as federal (U.S Department of Housing and Urban Development (HUD)), state, California Tax Credit Allocation Committee (CTCAC), and local regulations pertaining to SDHC’s portfolio.
- Provide review and final authorization of all deal terms and decisions for Board reports, financial requests, and work production of staff; participate in Executive Team meetings.
- Participate in and make presentations to the Housing Authority, Housing Commission, and a variety of boards and commissions; attend and participate in professional group meetings.
- Oversight and management of the Notice of Funding Availability process. Oversees the full cycle of this process, from issuance, award, construction, and then stabilization.
BACKGROUND PROFILE
- Mission-driven and passionate about affordable housing for all.
- Must have extensive experience with affordable housing, including single and multi-family lending and finance.
- Bachelor’s degree in a related field is preferred.
- Keen understanding of HUD, tax-exempt bonds, and low-income housing tax credits.
- Excellent project management skills in the areas of development or property management.
- Brings a firm understanding of building inspections and a general understanding of building trades and service providers.
- Demonstrated management experience, with a strategic and hands-on approach to problem-solving and the ability to work collaboratively to help team members achieve their goals.
- Excellent communication skills, written and oral; comfortable communicating key data, including presentations to senior management, the board, and outside stakeholders/partners.
- Good business acumen; enjoys implementing and using technology; skilled at leveraging efficiencies and designing workflows.
- Adept in budget development and management, contract administration, and general principles of risk management.
- Strong understanding and appreciation for good stewardship of public funds. Experience with procurement processes and government contacts would be beneficial.
- An analytical thinker with a continuous improvement mindset; extremely detail-oriented and motivated to achieve measurable outcomes.
- Superb people skills, including the ability to connect with and inspire a wide range of stakeholders.
- Skilled at change management with a solutions-based approach to challenges and opportunities.
- Ability to thoughtfully and carefully synthesize and deliver decisions and information.
- Keeps abreast of what is happening in the market.