COLORADO COMMUNITY LAND TRUST EXECUTIVE DIRECTOR TO RETIRE IN JULY
Growing Land Trust Seeks New Leadership
The Board of Directors for the Colorado Community Land Trust has announced the upcoming retirement of its long-time Executive Director Jane Harrington. Jane was CCLT’s first Executive Director in 2002, when its jurisdiction involved only homes built on the former Lowry Air Force Base. Since the completion of 68 affordable townhomes in the Maple Park neighborhood of Lowry in 2004, Jane has successfully grown CCLT’s portfolio to 214 homes located throughout the City and County of Denver.
Jane has worked in the affordable housing arena since graduation from Iowa State University. She started her work in Colorado in 1976 for the Arvada Housing Authority, and subsequently worked for the Colorado Housing and Finance Authority starting in 1978. Jane also worked at the Summit County Combined Housing Authority and Mercy Housing. She is a recognized leader in the provision of affordable for-sale housing. “I’ve had a wonderful ride, and I am most proud of the work I have done at the CCLT when I see the happy look on homeowner faces as they enter their affordable homes,” said Jane. Jane will be retiring in early July, 44 years to the day from when she started her first job in Arvada.
“Jane’s leadership in both developing homes and providing excellent stewardship over the past many years has ensured that the land trust has never lost a home to default/foreclosure, nor have any of the CCLT homes fallen out of compliance with the terms of the Land Trust model,” said Brad Weinig, Chair of the CCLT Board of Directors. “Her dedication and leadership has been invaluable, and her successor will have big shoes to fill.”
CCLT will begin a search this month for a new executive director. Interested parties should scroll down this page for the job posting.
Of the 214 homes in the Colorado Community Land Trust portfolio, the most recent additions are 14 contemporary townhomes in the Boulevard One neighborhood in Lowry, which will welcome new homeowners in February 2020. In 2018, in collaboration with Brothers Redevelopment, Inc., and the newly created Globeville-Elyria-Swansea (GES) Coalition, this collaborative coalition was competitively awarded $4 million for the acquisition, redevelopment, and new development of at least 11 newly affordable homes in the area most heavily impacted by the redevelopment of the I-70 corridor near the National Western complex. One home in the GES neighborhood has been renovated and is currently under contract, and another four homes will be completed in 2020.
CCLT provides affordable home ownership opportunities for households whose income does not exceed 80% of the Area Median Income (AMI). Once qualified, the CCLT model allows homeowners to own and pay a mortgage on only the home, while the underlying land is owned by CCLT. The homeowners may stay in their homes as long as they wish, which has helped many households gain financial independence and home equity over time. The CCLT limits the appreciation on the resale of the home, which then allows the home to continue to remain permanently affordable for the next owner. CCLT provides support for homeowners who may be struggling to keep them on track and in compliance with their mortgage and land lease payments.
The Colorado Community Land Trust (CCLT) is a 501(c)(3) nonprofit organization founded in 2002 with the mission of creating, and preserving in perpetuity, affordable home ownership opportunities for moderate income individuals and families. Originally called the Lowry Community Land Trust, CCLT initially focused on the redevelopment of the former Lowry Air Force Base. In 2006, its service area expanded to include the entire Denver metro area.
Position: Executive Director
Nature of Position
The Colorado Community Land Trust (CCLT) is a 501(c)3 nonprofit organization founded in 2002 with the mission of creating, and preserving in perpetuity, affordable homeownership opportunities for moderate income individuals and families in Colorado. Albeit a relatively small organization, with only three staff members, CCLT has a great reputation and is the premier land trust organization in Colorado. Our portfolio currently consists of five developments in the Denver Metro area, with over 200 homes.
CCLT’s Board recently adopted an ambitious 3-year strategic plan, requiring a dynamic leader to carry the torch of its retiring Executive Director, expanding its portfolio and footprint beyond the Denver Metro area.
The Executive Director is responsible for the overall health and longevity of CCLT through the development of new ground lease opportunities through the development and/or purchase of homes, management of staff, and asset management of the existing portfolio. In addition, the Executive Director manages the budget, reports to and updates the Board of Directors, and leads fundraising and public relations efforts for the organization.
Oversight & Administration
- Plan, direct, identify, and manage growth of the CCLT throughout Colorado, with emphasis on the acquisition and/or development of homes in the portfolio
- Manage staff members’ professional development ensuring CCLT goals are achieved
- Asset management of the CCLT portfolio, including working with development homeowner associations to ensure proper maintenance and upkeep is performed
- Create CCLT policy to ensure competitive, yet responsible, programming
- Ensure stewardship of the organization and its mission
- Update and report to the CCLT Board on a monthly basis; in addition to identify any Board subcommittee requirements
- Serves as main liaison on legal and financial matters
- Work both independently and as part of a team, while prioritizing duties and handling complex assignments under pressure
- Ability to respond effectively to the most sensitive inquiries or complaints
Fiscal & Fundraising
- Develop a plan for the CCLT to achieve and maintain financial self-sufficiency
- Raise funds from corporate, philanthropic, and civic sources for development and operations
- Manage funding sources to ensure compliance with all grantor/investor requirements
- Assist with the creation of the annual budget, and ensure the CCLT adheres to approved budget
- Create, read, and understand financial statements and other financial and/or development cost spreadsheets
- Oversee audit conducted by outside vendor
Outreach & Partnerships
- Develop and maintain working relationships with the public and partner organizations
- Actively engage the community and stakeholders, including funders, housing affiliates, lenders, developers, and governmental entities, through presentation and meetings
- Serve as an affordable housing advocate and promote CCLT and its mission
- Ability to write articles using original or innovative techniques or style
- Ability to make effective and persuasive presentations to top management, public groups, and/or Boards of Directors
- Ability to work with stakeholders and potential partners (governmental personnel, non-profit developers, private developers, etc.) to identify and create new development opportunities
- Professional demeanor is required for face to face, written, and telephone communication with a diverse group of customers and clients with a focus on customer service and relationship management
- The ideal candidate would have experience in real estate, development, and mortgage lending; fundraising; and the nonprofit industry, specifically affordable housing
- Prefer a Master’s Degree in Finance, Business Administration, Management, Marketing, Communications or related degree; but significant related work experience may be substituted for degree requirements
- Requires a minimum of five (5) years of work experience in housing development, project development, program administration, and/or affordable housing
- An active Colorado Real Estate License preferred
Telephone; personal computer, including proficiency with Microsoft Office software and internet; financial calculator; Smartphone; photocopier; fax machine; audio and visual equipment; access to a personal vehicle.
While in a CCLT office, the incumbent in this position will perform the essential functions of the position primarily in an office environment, which requires sitting at a desk for the majority of the day. Statewide travel required with occasional out-of-state travel. Occasional night and weekend work is required. Must have or be able to obtain Colorado driver’s license.
This job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform.
How to Apply
Submit cover letter expressing interest in the position, along with resume to email@example.com line. No phone calls please!
With respect to its programs, services, activities, and employment practices Colorado Community Land Trust does not discriminate on the basis of race, color, religion, sex, age, national origin, disability, or any other protected classification under federal, state, or local law. Requests for reasonable accommodation, the provision of auxiliary aids, or any complaints alleging violation of this nondiscrimination policy should be directed to firstname.lastname@example.org, available weekdays 8:00 a.m. to 5:00 p.m.