Affordable Housing Policy – Streamlining Measure Comparison
July 15, 2022
SFHDC & Novin Development Celebrate Completion of Small Site 528 Natoma!
December 22, 2023

Career Opportunity:

Applications reviewed on a rolling basis until the position is filled. Apply today!



The mission of SFHDC is to foster financial opportunity and stability through the development of affordable housing, the facilitation of homeownership and the economic empowerment and revitalization of the
Fillmore and Bayview neighborhoods of San Francisco.

A Brief History of SFHDC
SFHDC is a 35-year-old non-profit agency working to foster stability in low- and moderate-income, minority
communities in San Francisco, through the development of affordable housing, facilitation of homeownership, and the financial empowerment and economic revitalization of our community. SFHDC is the Managing General Partner of eight existing Low Income Housing Tax Credit (LIHTC) Partnerships and has developed around 1,450 homes across 18 projects. We are partnering on at least six new housing and mixed-use projects currently in the pipeline, encompassing around 500 affordable units, including pursuing acquisition and rehabilitation of small, and medium-sized, existing multi-family rental properties through a City-sponsored program. SFHDC also operates three other programs: a Financial Empowerment Program, serving over 1,000 clients annually, providing education and coaching in areas such as credit, savings, rental readiness and first time home-buying; a Resident Services Program primarily serves those who live at eight of our housing developments, totaling over 970 households; and an Economic Development Program that provides technical support to small businesses owners and offers incubation space for a variety of entrepreneurs. While many of our programs serve residents citywide, SFHDC has focused in particular on San Francisco’s Western Addition/Fillmore area and Supervisorial District 10, which includes the Bayview Hunters Point, Visitacion Valley and Potrero Hill.

For more information on SFHDC, please visit the website:

SFHDC is seeking an extraordinary individual to help continue building and lead the Real Estate team. As part of SFHDC’s executive leadership team, the Chief Real Estate Officer (“CREO”) will be the lead on managing the day-to-day planning, implementation and reporting of the full array of the organization’s Real Estate activities. The position will also provide direction to and oversight of SFHDC’s current and future real estate assets, including monitoring and compliance, refinancing and recapitalization, and general stewardship.

This is a full-time, hands-on, position with some nights and weekends required. The position is newly established to play an important role in SFHDC’s current and anticipated growth, with particular focus on the already expanding Real Estate programs. SFHDC envisions that it will emerge in the next several years as a nationally known, locally based nonprofit organization that plans, develops and owns affordable housing and mixed-use projects of the highest caliber to meet the dramatic needs of our clients and all San Franciscans of low- and moderate-income.

Currently, SFHDC has a staff of 49, a board of directors with ten members, and an operating budget of $7.5M. Funders and partners include BRIDGE Housing, Mercy Housing, MEDA, Open Door Legal, Related California, Wells Fargo, San Francisco Mayor’s Office of Housing and Community Development, The San
Francsico Foundation, Haas, Sr. Foundation.

The Chief Real Estate Officer (“CHREO”) will lead and manage a team of six consisting of an Associate Director of Real Estate Development, Senior Asset Manager, three Project Managers and a Real Estate Accountant/Project Assistant.

Professional Responsibilities


Real Estate Development

▪ Research and understand the needs of the community, and the opportunities to provide affordable housing, mixed-use projects, and related programs for our residents
▪ Identify potential affordable housing and mixed-use development opportunities
▪ Perform financial feasibility analysis for potential projects, and apply for project predevelopment,
construction and permanent financing, including LIHTC, local, State and Federal sources
▪ Coordinate the work of our internal team members and external partners, consultants and vendors related to development projects—including feasibility and financing, planning and design, community outreach, construction, lease-up and/or sales, and project completion
▪ Manage all aspects of housing and real estate development projects, ensuring SFHDC’s contractual obligations are fulfilled and that projects are successfully completed according to established standards, on time and within budget
▪ Outreach to and meet with key stakeholders, including residents, potential development partners, government representatives, elected and appointed officials, and potential funders
▪ Represent SFHDC at various community forums and at ongoing meetings with partners and stakeholders, including the Hunters Point Shipyard CAC, the Mission Bay CAC, the Hayes Valley Neighborhood Association, the District 10 Implementation Committee, and other bodies
▪ Under the direction of, and in partnership with, the CEO, craft a work plan to expand dramatically SFHDC’s housing production, ultimately building capacity to achieve a lead or sole developer status
▪ In collaboration with the CEO, SFHDC’s leadership team and our external partners, help to plan and implement a comprehensive revitalization strategy for the Third Street corridor

Asset Management

▪ Oversee the Asset Manager and asset management system for projects in our LIHTC portfolio as well as wholly owned assets, such as those being acquired through the Small Sites Program.
▪ Inspect existing projects and meet with and monitor partners and property management
companies to ensure that SFHDC’s buildings are maintained in good condition over the long term.
▪ Review and approve of various asset management reports from our external partners, ensuring compliance with LIHTC and other funding requirements
▪ Analyze and plan for long-range capital needs, and the reserve and capital budget requirements of our assets
▪ Direct the analysis and pursuit, as appropriate, of refinancing, recapitalization and re-syndication of existing assets

Organizational Management and Leadership
▪ As part of the leadership team, provide support to CEO in overall management and operations of SFHDC, including troubleshooting, strategic planning, and Human Resources
▪ Assist in preparation of funding applications and reports related to Real Estate activities
▪ Cover overall responsibilities of organization’s operations in CEO’s absence, as designated by CEO

Education: A Bachelor’s degree from an accredited college or university is required; it is preferred to have a degree in architecture, urban planning, business, real estate, nonprofit or public administration or related discipline. A Masters Degree in urban planning, architecture, real estate, business, nonprofit/public administration or law, is preferred.

Experience: At least ten (10) years of experience in affordable housing development and/or real estate, including five (5) years of experience as a manager of others engaged in this work.
Demonstrated successful experience or training in real estate asset management.
A minimum of ten (10) years of experience managing complex projects with diverse
financing streams.

▪ Excellent knowledge of affordable housing development practices and procedures, including national best practices, and requirements of local, regional and national funding sources
▪ Knowledge of all phases of housing development, including federal, state and local programs and regulations regarding the development of affordable housing, principles and practices of the real estate field, and construction and construction budgeting
▪ Excellent knowledge of Low Income Housing Tax Credit application and funding procedures and requirements
▪ Experience managing, leading and coaching a team of real estate project managers
▪ Working knowledge of the rental and for-sale housing markets in San Francisco

The successful professional will have:
▪ Ability to work effectively with individuals and community groups from a wide variety of cultures in a professional, respectful and engaging manner
▪ Ability to collaborate successfully across the organization
▪ Ability to review and compare financial information and complete quantitative and financial

▪ Ability to work with others in establishing and meeting goals and objectives
▪ Ability to lead a team of diverse, skilled and passionate staff in a dynamic environment
▪ Exceptional communication skills – writing, speaking and most importantly, strong listening skills
▪ Skilled in generating and maintaining statistical information, preparing technical reports, use of a personal computer (Mac and PC) and related software, such as Word, Excel and PowerPoint.
▪ Ability to work with details and information with a high degree of accuracy
▪ Skilled in organizing time and prioritizing work load of oneself and of those whom this position supervises
▪ Ability to convey complex information, on an individual or group basis, to partners, funders and the general public
▪ Self-awareness – know your emotions, strengths, weaknesses, drives, values and goals and recognize their impact on others
▪ Self-management—able to control impulsive feelings and behaviors, manage emotions in healthy ways, take initiative, follow through on commitments, and adapt to changing circumstances
▪ Relationship management –able to develop and maintain good relationships, communicate clearly, inspire and influence others, work well in a team, and manage conflict
▪ Enjoy working with people and have a strong desire to help others succeed

The successful candidate will be:
▪ A strategic thinker and organization builder
▪ A seasoned leader capable of both big picture thinking and directing tactical implementation; able to “connect the dots” of disparate lines of SFHDC’s business
▪ Highly motivated, with the ability to take initiative, participate as an effective team member, and follow tasks through to completion
▪ Excellent oral and written communication skills including very active, well developed listening skills
▪ Demonstrated well-developed, engaging interpersonal skills that are culturally sensitive
▪ A track record of inspiring, mentoring, developing and retaining staff
▪ An understanding of social justice, systemic inequity, and leading with a demonstrated appreciation of diversity, equity and inclusion; an ease of and aptitude for working in low-income communities of color

San Francisco Housing Development Corporation anticipates offering an annual salary in the range of $150,000 to $175,000 for the role and responsibilities described above; actual salary amount is commensurate with experience. A comprehensive benefits package will be offered to the successful
The San Francisco Housing Development Corporation is an Equal Opportunity Employer/Drug Free Workplace and is committed to the belief that each individual is entitled to equal employment opportunity.

For additional information regarding this opportunity, please contact:
Sally Carlson, Managing Partner

415.203.5259 mobile |

Heidi Holzhauer, Partner

707.963.1250 direct |

For additional information or to submit your resume:

Sally Carlson, Managing Partner

415.203.5259 mobile

Heidi Holzhauer, Partner

707.963.1250 direct