Director of Portfolio Investment

About MidPen 

At MidPen, we build communities that change lives. Since 1970, we have been committed to our mission: to provide safe, affordable housing of high quality to those in need; establish stability and opportunity in the lives of residents; and foster diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect.

We develop affordable housing, provide professional property management for all our communities, and coordinate robust onsite support programs that help residents thrive. We are active in 12 Northern California counties and have earned recognition as one of the nation’s leading non-profit developers and stewards of affordable housing. Our current portfolio of more than 142 properties is home to 22,800 working families, seniors, and people with special needs. We take pride in delivering affordable housing solutions, and we invite you to join us on a journey toward social, economic, and racial equity.

Location: Oakland, Foster City, Watsonville

Director of Portfolio Investment 

The Director of Portfolio Investment reports to the Senior Vice President of Asset & Budget Management and, as a member of MidPen’s Senior Leadership Team, contributes to a positive and impactful work environment. The Director develops and executes recapitalization strategies for MidPen’s property portfolio, including resyndications, rehabilitation, refinancing, and transactions funded through public and private loans, grants, and rebate programs. This role requires sound judgment, autonomy, and strong collaboration with internal and external partners. The Director also leads a team of project and transaction managers, overseeing hiring, performance, professional development, and goal achievement, while fostering cross-departmental relationships and improving processes, policies, and operational efficiency. 

Responsibilities: 

Leadership & Supervision 

• Hire, train, and supervise personnel to foster a positive work environment, promote cross-departmental teamwork, and achieve project assignments and goals in a timely, professional manner. 
• Establish clear expectations and accountability, support staff development through coaching and delegation, and leverage internal and external relationships to remove barriers and improve efficiency. 
• Demonstrate leadership beyond the Transactions Team to enhance the experience of staff across MidPen. 

Portfolio Investment Strategy 

• Develop and maintain short- and long-term portfolio recapitalization plans, including refinancing, resyndication, capital improvements funded through public loans and grants, and energy upgrades.