Our client is the largest locally-focused nonprofit developer of affordable housing in its region, primarily financed with private investment leveraged by Federal Low-Income Housing Tax Credits.
SCI was engaged to recruit a member of the executive team providing high-level acquisition and development coordination and management of affordable housing projects pursued by the company. Key responsibilities include seeking development and acquisition opportunities consistent with the company's strategic plan; leading the development of project concepts, schedules and financial frameworks and executing the overall development of projects to meet established goals.
SCI's search was completed with the hiring of an executive whose background includes significant development and acquisition experience with another major regional affordable housing owner as well as expertise in structuring LIHTC equity investment deals.