Innovative Finance - Senior Principal
We seek a creative, iterative problem solver to join our Innovative Finance team. The Innovative Finance team is charged with developing capital solutions and real estate strategies to help the field of shared equity housing programs scale their portfolios to 1 million units in the next ten years. The Innovative Finance Senior Principal will work with the VP of Innovative Finance to create new partnerships with foundations, CDFIs, private developers, and housing organizations. The Senior Principal will also manage existing programs to provide financial resources and direct support to housing organizations across the country in growing their portfolios. As availability permits, the Senior Principal will collaborate with our technical assistance team on engagements with public and foundation partners and place-based initiatives.
The Innovative Finance Senior Principal will need to bring an opportunistic disposition to evaluate the real estate market, political landscape, and capital and subsidy environments in select markets around the country to discern viable strategies to create additional homes with lasting affordability. The Senior Principal will be expected to work independently to manage relationships with local and national practitioners, advocates, lenders, funders, and public sector partners. Strong candidates will have experience discussing values, strategies, and technical execution details with various stakeholders.
As a leader in an organization focused on racial equity, the Innovative Finance Senior Principal is expected to come into the role with basic understanding of racial equity values and the humility to join a team committed to continued learning about how the legacy of structural racism shapes housing, community development finance, and all of our industry interactions.