Vice President, Affordable Housing Development

Hoppe Development; Lincoln (NE); On-site; USD 180,000 - 280,000; Full time

Job summary

Hoppe Development is seeking a Vice President of Affordable Housing Development to guide projects from concept through stabilization, leading a high-performing team and expanding the firm's footprint across the Midwest.

The role focuses on LIHTC structuring, public financing tools, stakeholder negotiation, and execution across multiple concurrent projects in Lincoln or Omaha. Strong financial modeling and leadership are essential.

Qualifications

• 7+ years of affordable or mixed-income housing development with LIHTC responsibility.
• Deep LIHTC underwriting, acquisition/rehab structuring, tax-exempt bonds, and multi-fund financing.
• Proven ability to lead complex projects from concept through stabilization.
• Strong financial modeling skills (Excel/Sheets, pro forma, basis/credit).
• Experience interfacing with HFAs (NIFA/IFA) and municipal entitlement processes.

Responsibilities

• Lead development team to secure 2–4 deals per year in select markets.
• Oversee feasibility, site acquisition, entitlement, design, and financing.
• Coordinate LIHTC equity, bonds, HOME, CDBG, AHP, HTF, and public/private funds.
• Manage entitlement, permitting, and construction oversight with design teams and GC.
• Ensure smooth lease-up and operations transition with supportive services integration.
• Mentor development managers and analysts; standardize financial modeling and due diligence.

Skills

LIHTC experience

Financial modeling

Project leadership

Stakeholder engagement

Underwriting

Entitlement & design

Public financing tools

Education

Bachelor's degree

Master's degree (preferred)

Tools

Excel

Google Sheets

Job description

Vice President, Affordable Housing Development

Hoppe Development

Location: Based in Lincoln, Nebraska

Full-Time | Executive Leadership

About Hoppe Development

Hoppe Development is a mission-driven real estate firm focused on delivering high-quality, sustainable housing and catalytic mixed-use projects across the Midwest. Our pipeline includes LIHTC affordable housing, workforce housing, mixed-income communities, and community-oriented developments that integrate supportive services, placemaking, and long-term neighborhood revitalization. We partner with public agencies, nonprofits, lenders, investors, and municipalities to create lasting impact.

We have grown rapidly in the past five years, and have strong shared executive leadership supported by functional business department leads across development, construction, and management. We are financially sound, and maintain significant guarantee capacity to support a breadth of project sizes. We work on community-defining projects in collaboration with great partners, and we maintain a robust pipeline of projects, which will include over 1,000 units of housing started in the next 12 months.

We are growing our development team and seeking a Vice President of Affordable Housing Development to guide projects from concept through stabilization, lead and mentor a high-performing development team, expand our footprint into new markets, and advance our vision for inclusive, high-quality housing across the region.

Position Summary

The Vice President of Affordable Housing Development will create and oversee a pipeline of projects through the development lifecycle, including affordable, mixed-income, and supportive housing projects using LIHTC (4% and 9%), bond-financed developments, acquisition/rehab, and a variety of community financing initiatives. This position will lead feasibility, site acquisition, entitlement & design, financing, construction oversight, lease-up, and the transition to compliance while managing internal and external project teams.

This role is ideal for a seasoned developer with deep experience in LIHTC structuring, public financing tools, stakeholder negotiation, and execution across multiple concurrent projects. The position carries responsibility for both direct project production and leadership of a cross-functional team of development professionals.

Key Responsibilities

• Strategic Leadership
  • Lead a development team and pipeline effort to secure 2-4 deals per year in select markets, including the identification and origination of projects in those markets.
  • Build and maintain relationships with state HFAs, municipalities, funders, community partners, investors, lenders, and service providers.
• Project Origination & Feasibility
  • Evaluate sites for acquisition; lead due diligence, financial feasibility, and initial design/programming.
  • Lead LIHTC application strategy (4% bond deals and 9% competitive), including interpreting QAPs, securing site control, assembling the project team, and submitting competitive applications.
  • Partner with the CFO to lead financial underwriting, including pro forma development, return analysis, and credit and basis calculations across the portfolio.
• Financing & Capital Structuring
  • Coordinate all project financing, including LIHTC equity, tax-exempt bonds, soft funds (HOME, CDBG, AHP, HTF), private debt, and philanthropic or public-sector resources.
  • Manage the closing processes including legal documentation, regulatory agreements, partnership structures, and due diligence.
• Design, Entitlement & Construction Oversight
  • Manage architects, engineers, environmental consultants, and other design professionals to keep projects on schedule and within budget.
  • Lead entitlement and permitting processes; present to planning commissions, city councils, and community stakeholders.
  • Work collaboratively with general contracting team to select and manage construction execution.
• Lease-Up & Transition to Operations
  • Ensure seamless transition from construction to operations, including lease-up strategy, compliance readiness, and integration of supportive services.
• Team Leadership & Organizational Growth
  • Mentor and develop development managers and analysts; establish and standardize best practices in financial modeling, due diligence, documentation, and reporting; and contribute to building a culture of excellence and mission alignment across the team.

Qualifications

• 7+ years of experience in affordable or mixed-income housing development, with significant responsibility for LIHTC projects (4% and/or 9%).
• Deep understanding of LIHTC underwriting, acquisition/rehab structuring, tax-exempt bonds, layered financing, and partnership agreements.
• Proven ability to lead complex projects from concept through stabilization.
• Strong financial modeling skills (Excel/Google Sheets, pro forma analysis, basis and credit calculations).
• Experience interfacing with state HFAs (e.g., NIFA, IFA), federal and local funding programs, and municipal entitlement processes.
• Excellent communication skills and comfort presenting to public bodies, investors, and community groups.
• Ability to lead multiple projects simultaneously with strong organizational and time-management capacity.
• Bachelor’s required; Master’s in real estate, urban planning, public administration, finance, or related field preferred.
• Candidates based in or willing to relocate to Lincoln or Omaha are preferred. Remote candidates with a presence in the Midwest development market will be considered.