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Executive Director

Company: Housing Resources of Western Colorado
Location: Grand Junction
Posted on: June 7, 2021

Job Description:

The Executive Director position has overall responsibility for leading and managing a housing portfolio valued at over $13,000,000, with an operation of 36 employees and a $4,000,000 operating budget.

  • The Executive Director reports to the Board of Directors and leads the implementation of the agencys strategic plan, fundraising and financial management strategies.
  • The ED represents the agency at national and regional levels and oversees housing development activities to ensure that the philosophy, mission, and policies established by the Board of Directors (BOD) are implemented in all daily operations, programs, and services.
  • In collaboration with the board of directors, the ED supports the development and effective operation of the Board.

The new ED will need to be able to address these key priorities in their first 18-24 months:

  • "Learn" the Organization and Community:
    • The new Executive Director will be expected to get to know the organization, its six lines of business and their complexity and compliance requirements, the variety, and inter-relationships of funding streams, and build strong working relationships with the board, staff and community in the early months of the job.
  • Develop a New Organization Strategic Plan:
    • Working with the Board of Directors and staff, the new Executive Director will engage with stakeholders to understand opportunities and community needs across the region and develop the organizations next visionary strategic plan to continue and strengthen service to the community, building organizational capacity for best achievement of its mission.
  • Strengthen the Leadership Team:
    • Develop, strengthen, and support a strongly collaborative and unified organizational leadership team by providing heart-centered leadership and management support, assessing areas for training and increased staff capacity, and mentoring and supporting strong leaders.
    • It is expected that finance functions and possibly others will need to be hired in the first 18 months.
  • Increase Financial Transparency/Understanding for Strategic Governance:
    • Strengthen internal reporting and Board understanding of grant deliverables, performance metrics, financing mechanisms, and budget.
    • Develop financial management capacity of the organization and the Board.
    • Develop excellent understanding of compliance requirements and cashflow.
  • Develop and Align Organizational Recourses to Execute a New Strategic Plan:
    • Develop a coordinated and diversified fundraising strategy that is internally consistent across program areas; build relationships with funders.
    • Align the resources of the organization, both human and financial, to strengthen the organization & budget to implement the new strategic plan.
    • Assess potential for each line of business, identify and secure diversified funding streams to meet the organizations annual budget and strengthen the operation to best achieve its mission.

Ideal Candidate Experience and Attributes:

  • Ten (10) plus years of increasing responsibility and executive leadership in the field of affordable housing development, real estate development, finance, construction, and housing programs.
  • Extensive knowledge and experience in managing affordable housing programs, experience with affordable housing property management, housing development and resource development.
  • Experience with housing counseling, mortgage programs, housing rehab and weatherization programs, and housing development, including but not limited to low-income housing tax credits, conventional debt, single-family, and tax-exempt bond financing.
  • Experience with local and state housing programs, and experience and knowledge of other affordable housing instruments such as Fannie Mae, Freddie Mac, HUD, FHA, USDA, and state housing finance agency finance.
  • Experience managing programs with multiple funding streams and an agency with multiple lines of business.
  • Extensive knowledge of government contracting requirements, compliance, and audits.
  • Strong, demonstrated financial analysis expertise.
  • Demonstrated experience with diversified fund development, including grant writing, earned income social ventures, major donors, in addition to housing financing.
  • Significant experience in working successfully with a non-profit Board of Directors.
  • Values working with different personality types and fosters a mutually supportive working environment.
  • Experience in Western US rural and small city housing environments a plus.
  • Excellent verbal and written communication skills, financial analysis, Web Research, Microsoft Word, Excel, Publisher, PowerPoint, and Adobe Acrobat.
  • Bachelors degree in a field related to community development, Masters degree preferred.
    • Commensurate experience may substitute for a Bachelors or Masters degree.

Requirements:

  • Valid drivers license, safe driving record, current vehicle insurance and the ability to use a personal vehicle or have ready access to other reliable transportation to make work-related travel possible.
  • Willingness to travel within the region and out of state.
  • Must be able to pass criminal background check.

Compensation:

  • $105,000 to $125,000 DOE.
  • Benefits include $6,000 towards health care benefits, 6 weeks of PTO, Ten Paid Holidays, Flexible Spending Account, 403(b) Tax Shelter Annuity, Tuition Reimbursement, and short-term disability insurance.

Housing Resources of Western Colorado is an Equal Employment Opportunity (EEO) employer and values diversity and its role in building a more inclusive culture and, ultimately, a more capable organization. Housing Resources of Western Colorado embraces diversity and equal opportunity in a serious way. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better our work will be.

Keywords: Housing Resources of Western Colorado, Grand Junction , Executive Director, Other , Grand Junction, Colorado

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