The Executive Director is the top executive position at the HTF and is therefore responsible for all aspects of the corporation’s operations, management and success. They identify the opportunities and challenges that the corporation may face and develop strategies for optimizing both. They will guide the HTF’s growth and maturation as an organization. The Executive Director reports to the HTF’s Board of Directors and supervises the work of a small staff and contractors.
Duties: Nonprofit Agency Management:
Work with the Board of Directors to further the mission and carry out the policies of the corporation.
Supervise staff and oversee relationships with contract service providers.
Update and formalize the plans and policies of the corporation.
Ensure compliance with government requirements for charitable corporations.
Prepare the corporation’s annual budgets. Project and monitor income and expenses. Adjust operations as needed to ensure a balanced budget.
Work with our bookkeepers to ensure timely and accurate monthly financial statements, and with our auditors to ensure timely and accurate annual audits.
Identify funding opportunities and risks for the corporation.
Lead in the preparation of grant and loan applications to obtain funds for the corporation’s operations and revolving loan funds.
Ensure compliance with the conditions of the corporation’s various funders.
Real Estate Lending:
Identify new opportunities to finance housing projects that are 1) consistent with the corporation’s mission and 2) fiscally prudent.
Develop new loan products and recommend changes to existing loan products in response to changes in the housing market, housing needs and/or opportunities. Maintain lending policies.
Oversee the corporation’s loan portfolio to ensure adequate earned income to maintain the corporation’s operations.
Provide education, information and technical assistance concerning affordable housing development, financing, policies and strategies to local governments, developers and the public.
Advocate for affordable housing programs, policies and projects on the local, state and national levels.
Maintain good relations with local elected officials and staff, developers, banks, community groups and others.
Represent the corporation at the local, state and national levels.
Other duties as assigned.
Four year college degree in community development, public administration, real estate, finance, business, economics, urban planning or a related field.
Five years or more of progressively responsible professional experience in real estate finance and/or affordable housing development.
Substantial knowledge and experience with: 1) California affordable housing laws, including housing elements, RHNA, density bonuses and the Housing Accountability Act. 2) the housing project approval and development process. 3) affordable housing finance programs, including LIHTC, HOME, CDBG and various HCD programs.
Competence in strategic planning, financial analysis and negotiation.
Proficiency with MS Windows, Word, Excel, Outlook and other applications.
Ability to travel during the day, for evening meetings and overnight as needed.
Ten years of real estate finance and/or affordable housing development experience.
Management experience with a Community Development Financial Institution (CDFI) and/or a 501(c)(3) nonprofit housing development corporation.
Additional Salary Information: Benefits:
11 paid holidays per year, including 1 personal holiday
10 paid vacation days per year
12 paid sick leave days per year
Health benefits (allowance for corporation’s medical, dental and vision coverage)
About San Luis Obispo County Housing Trust Fund
Our Mission... to increase the supply of affordable housing for very low, low and moderate income residents of San Luis Obispo County, including households with special needs.
The HTF is a private nonprofit corporation that was created to increase the supply of affordable housing in San Luis Obispo County for very low, low and moderate income households, including households with special needs. Rather than build or operate housing directly, the HTF provides financing and technical assistance to help private developers, nonprofit corporations and government agencies produce and preserve homes that working families, seniors on fixed incomes and persons with disabilities can afford to rent or buy.
We do not provide direct assistance to individual home owners or home buyers.
The HTF was incorporated on February 27, 2003 after years of research, planning and organizing by a broad-based group of volunteers from nonprofit agencies, the business community and local governments.
We are a California nonprofit public benefit corporation and the IRS has determined that we qualify for tax-exempt 501(c)(3) status. We have also been certified as a Community Development Financial Institution or CDFI by both the US Treasury and the California Department of Insurance.