Vice President, Affordable Housing Development
Location: Lincoln, Nebraska
Employment Type: Full-time
About the Employer
Hoppe Development is a mission-driven real estate firm focused on delivering high-quality, sustainable housing and catalytic mixed-use projects across the Midwest. The company's pipeline includes LIHTC affordable housing, workforce housing, mixed-income communities, and community-oriented developments that integrate supportive services, placemaking, and long-term neighborhood revitalization. Hoppe partners with public agencies, nonprofits, lenders, investors, and municipalities to create lasting impact. The firm has grown rapidly in the past five years with strong shared executive leadership, financial soundness, and significant guarantee capacity to support a breadth of project sizes.
Role Summary
The Vice President of Affordable Housing Development will create and oversee a pipeline of affordable, mixed-income, and supportive housing projects through the development lifecycle, including LIHTC (4% and 9%), bond-financed developments, acquisition/rehab, and community financing initiatives. This position will lead feasibility, site acquisition, entitlement & design, financing, construction oversight, lease-up, and transition to compliance while managing internal and external project teams. The role carries responsibility for both direct project production and leadership of a cross-functional team of development professionals.
What You'll Do
- Lead a development team and pipeline effort to secure 2-4 deals per year in select markets, including identification and origination of projects in those markets
- Build and maintain relationships with state HFAs, municipalities, funders, community partners, investors, lenders, and service providers
- 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
- 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 closing processes including legal documentation, regulatory agreements, partnership structures, and due diligence
- 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 the general contracting team to select and manage construction execution
- Ensure seamless transition from construction to operations, including lease-up strategy, compliance readiness, and integration of supportive services
- Mentor and develop development managers and analysts; establish and standardize best practices in financial modeling, due diligence, documentation, and reporting
- Contribute to building a culture of excellence and mission alignment across the team
Required 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 degree required
Preferred Qualifications
- Master's degree in real estate, urban planning, public administration, finance, or related field
- Candidates based in or willing to relocate to Lincoln or Omaha
- Presence in the Midwest development market
