President and Chief Executive Officer

The Housing Trust Fund of Santa Barbara County is seeking an experienced housing professional to lead and manage our organization.

We are a small nonprofit 501(c)(3) loan fund and certified Community Development Financial Institution (CDFI) whose mission is to expand affordable and workforce housing opportunities in Santa Barbara County, California.

We raise capital, design innovative housing solutions, provide low-cost loans for affordable housing production, offer first-time homebuyer down payment assistance, and promote innovations in affordable housing construction and use of sustainable building materials.

About the Position

The President and CEO will be responsible for all aspects of HTF operations, management, and success.

The new President/CEO will guide the agency during the next phase of its maturation and develop workable strategies to raise capital to grow the fund, increase the volume of lending activities, and optimize the agency's response to the opportunities and challenges it faces.

The President/CEO reports to the Board of Directors and supervises the work of a small two-person staff and contractors.

Key Responsibilities

1. Nonprofit Agency Management:
• Manage agency operations and systems.
• Update corporate plans and policies.
• Ensure compliance with non-profit charitable corporate reporting requirements and applicable employment regulations.
• Supervise staff and oversee relationships with contract service providers.
• Work with the Board of Directors to develop the agency's capacity to achieve its mission and key goals.
• Advise the Board on market conditions or other circumstances that affect agency programs.
2. Fundraising for Capital and Operations:
• Identify funding opportunities and solicit donations from private, nonprofit, and public funders.
• Lead in the preparation of grant and loan applications to obtain capital and operational funds for the agency's loan programs and operations.
• Meet all performance, compliance, and reporting requirements of various funders.
3. Real Estate Lending, Program Development and Management:
• Identify funding opportunities, process, underwrite, and finance affordable housing projects that align with the agency's mission and are fiscally prudent.
• Oversee the agency's Revolving Loan Fund, Workforce Homebuyer Program, and Housing Innovations Program.
• Maintain lending policies and update program guidelines.
• Develop new loan products and recommend changes to existing loan products, in response to changes in the housing market, housing needs, and opportunities.
4. Technical Assistance and Advocacy:
• Provide education, information, and technical assistance concerning affordable housing development, financing, policies, and strategies to affordable housing developers, community groups, local governments, and the public.
• Represent the agency at the local, state, and national level.
• Maintain good relationships with elected officials and staff, developers, financial institutions, community groups, and others.

Requirements

• A college or graduate degree in community development, real estate, finance, urban planning, economics, public administration or a related field or equivalent work experience.
• Five years of progressively responsible professional experience in real estate finance, affordable housing development, foundation capital development, or a related field. Ten years preferred.
• Five to ten years of experience in a relevant leadership/management role in a nonprofit, private or government agency.
• Management experience with a Community Development Financial Institution (CDFI) and/or a 501(c)(3) nonprofit housing development corporation preferred.
• Knowledge of and experience with the housing project development and approval process, affordable housing finance programs, and California housing laws.
• Five or more years of experience in financial management successfully developing, executing, and reporting operating budgets in an organization with multiple funding sources.
• Competency in strategic planning, financial analysis, and negotiation.
• Experience working with Boards of Directors to actualize an agency's goals and programs.
• Strong computer proficiency specifically within Microsoft Office (Word/Excel/Outlook).
• An ability to drive to and for work, a valid Driver's license and current automobile insurance preferred.