Vice President of Real Estate Development

The VP of Real Estate Development will play a critical role in identifying growth opportunities, building strategic partnerships, securing project financing, and managing a diverse pipeline of affordable, supportive, mixed-income, and community-focused developments.

• Lead the organization's real estate development strategy and project pipeline.
• Identify and evaluate new development opportunities, including acquisitions, ground-up developments, adaptive reuse projects, and public-private partnerships.
• Develop and execute long-term growth plans aligned with organizational goals and community needs.
• Present project recommendations, development updates, and strategic initiatives to executive leadership and the Board of Directors.

Structure complex financing packages utilizing:

• Low-Income Housing Tax Credits (LIHTC)
• Historic Tax Credits (HTC)
• Tax-Exempt Bonds
• HUD financing programs
• State and local funding sources
• Grants, CDBG, HOME, and philanthropic capital
• Lead negotiations with lenders, investors, government agencies, and funding partners.

Community & Stakeholder Engagement

• Represent the organization with municipalities, housing authorities, elected officials, neighborhood groups, and community stakeholders.
• Develop and maintain relationships with funding agencies, development partners, consultants, and industry organizations.
• Champion equitable development practices and community-centered planning initiatives.

Financial & Risk Management

• Lead project underwriting, financial modeling, and feasibility analysis.
• Review development budgets, pro formas, and investment assumptions.
• Assess project risks and implement mitigation strategies.
• Ensure compliance with regulatory, funding, and organizational requirements.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.