President & CEO

Company: Hispanic Housing Development Corporation

Location: Chicago, IL

Job Function: Administrative/Operations/IT


Background

Brick by brick, Hispanic Housing Development Corporation transforms communities—and lives. Founded in 1975, as a non-for-profit organization to help create affordable housing in Chicago’s Latino neighborhoods, the Hispanic Housing Development Corporation (“Hispanic Housing” or “HHDC”) now helps people across Chicagoland, a number of Midwest states, and Puerto Rico improve their lives—and achieve the American dream.

HHDC builds comfortable, affordable and sustainable housing that people are proud to call home; which becomes a catalyst for economic prosperity and community growth. They build—and revitalize—neighborhoods, to provide a place for people of all ages. HHDC creates new housing, employment, and business opportunities that help stabilize communities.

Their uniquely comprehensive approach helps to create and maintain healthy communities. And it has made us one of the largest and most effective community development organizations in the nation. Yet while HHDC has grown, their mission has always remained the same: to help people make a better life for themselves, their families, and their community. That is where HHDC begins. 

Learn more about Hispanic Housing Development Corporation on their website. 

Summary

Upon the retirement of its highly successful, long-time leader, Hispanic Housing and Development Corporation is seeking a President & CEO who is excited about building on Hispanic Housing’s incredible legacy and leading the organization to its next phase of impact. This is an exciting opportunity to take the helm of a well-regarded organization devoted to improving underserved Latino communities through the creation and preservation of housing and commercial buildings. 

The President & CEO is responsible for the achievement of all operational and strategic goals, including capital raising, strategic planning, fiscal management, programming and product development, board relations, staff leadership and community relations and engagement. This leader will work in a collaborative manner with a highly experienced and capable team to assess the constantly changing landscape and adjust HHDC’s products and approach to ensure the organization continues to meet community needs. 

The ideal candidate will be a proven and respected leader with the skills to maintain excellence in the content and delivery of HHDC’s existing products and the creativity and entrepreneurialism to continually innovate to drive growth. This is an exceptional opportunity for a visionary leader, with a deep commitment to improving communities, to continue to grow and expand HHDC’s impact in the future. 

Responsibilities

N/A

Requirements

We recognize that there is a spectrum of lived and professional experience that will set candidates up for success in this role. While no one candidate will have every experience outlined in the position description, ideal candidates will display the following professional and personal qualities, skills, and characteristics:

Passion for the Mission 

With a deep belief in the power of community-led development and capital to transform neighborhoods and lives, the President & CEO will embrace Hispanic Housing’s history of revitalizing neighborhoods in Chicago and beyond. They will be an inspiring and genuine leader, with the ability to earn the respect of, and inspire, a variety of stakeholders including residents, employees, community partners, financial institutions, philanthropies, and other investors. This leader will have the heart of a servant, will demonstrate humility and courage, and will be a person of high integrity and character. With a deep respect for Latino culture, the President & CEO will model a deep commitment to diversity, equity, and inclusion and will advocate for the importance of these values throughout the organization and in HHDC’s external work. 

Strategic and Visionary Leader 

The President & CEO will be a strategic thinker with a demonstrated ability to work with a Board of Directors and the team to establish a vision and execute on it in a continuously changing landscape. Experienced in collaborative strategic planning efforts, they will be excited to explore opportunities for increased impact and demonstrate a track record of thinking creatively to grow organizations. The President & CEO will adopt an entrepreneurial approach to expanding and deepening new and existing support from funders both locally and nationally to support the planned growth. They will have a record of raising substantial capital and sustaining relationships with sources of funding. With experience leading complex, multi-faceted organizations through change, the President & CEO will be forward-looking, willing to take responsible risks and continually looking for opportunities to expand organizational impact. 

Real Estate, Business and Management Acumen 

The President & CEO will possess significant real estate experience and financial acumen and the ability to set priorities decisively, delegate responsibilities, assure accountability and allocate resources to ensure results. This individual will offer a knowledge base in lending, investing and/or property management and demonstrate the ability to build pipelines for existing products, develop new offerings, and expand to new markets all while balancing financial performance with positive community outcomes. The President & CEO will have a track record of motivating, developing, and retaining a strong team to achieve impact through creativity and teamwork and by leveraging individuals’ strengths to meet overall goals. A seasoned leader, the successful candidate will have a strong business orientation with an ability to use metrics, analysis, and problem-solving to drive key decisions and achieve strategic objectives. 

External Presence and Capital Raiser for HHDC 

An articulate and inspirational public speaker, the President & CEO will have the ability to effectively convey HHDC’s mission to a diverse range of constituents to generate support and inspire action. Dynamic, optimistic, and trustworthy, this leader will inspire confidence in investors, donors, partners, and other constituents, and will be able to establish mutually beneficial partnerships that further HHDC’s mission. The President & CEO will bring an established network in the industry and be skilled at diversifying revenue for an organization and advocating for policy change that will positively impact HHDC and the neighborhoods it serves. 

Compensation and Benefits

Salary is competitive and commensurate with experience. The salary is a mixture of base and bonus. The base range for this role is $250,000 – $300,000 with a significant bonus based on the achievement of mutually agreed performance goals. The compensation also includes generous benefits package. The exact salary that will be offered to the President & CEO will be determined based on a consideration of the successful candidate’s skills and experience and aligned with HHDC’s compensation policies. 

How to Apply

Koya Partners l Diversified Search Group has been exclusively retained for this engagement, which is being led by Erin Reedy, Marissa Delgado, and Victor Arias. Submit a compelling cover letter and resume by filling out our Talent Profile or email HHDCCEO@koyapartners.com. All inquiries and discussions will be considered strictly confidential.