Who We Are:
Prospera Housing Community Services is a mission-driven nonprofit affordable housing organization dedicated to empowering families and strengthening communities through safe, quality affordable housing and supportive services. Since 1993, Prospera has developed, acquired, owned, and managed affordable housing communities throughout South Texas while providing programs that support resident stability, self-sufficiency, and quality of life. Guided by its values of Integrity, Accountability, Excellence, Commitment, Dignity, Fairness, and Respect, Prospera continues to expand its impact while maintaining a strong commitment to community-centered service.
What We Do:
Prospera develops, owns, manages, and preserves affordable housing communities across Texas while providing supportive services designed to improve resident outcomes and strengthen communities. Through strategic development initiatives, property operations, resident services, and partnerships with healthcare organizations, municipalities, investors, and community stakeholders, Prospera works to create stable housing opportunities for low-income families, seniors, and vulnerable populations.
Position Summary:
Reporting directly to the President & CEO, the Chief Financial Officer serves as a strategic and operational leader responsible for stewarding the financial health, sustainability, and growth of Prospera Housing Community Services. As a key member of the Executive Management Team, the CFO will provide strategic financial leadership across a complex affordable housing portfolio that includes LIHTC developments, HUD-funded programs, Section 8 properties, multiple nonprofit entities, and a sophisticated capital structure. The CFO will partner closely with the CEO, Board of Directors, lenders, investors, and executive leadership to support organizational growth, strengthen financial planning and forecasting, optimize capital resources, and ensure long-term financial sustainability
Must Have:
- Demonstrated expertise in affordable housing finance, including LIHTC transactions, HUD programs, Section 8, partnership structures, regulatory compliance, and complex multifamily housing portfolios
- Proven ability to serve as a strategic financial advisor to the CEO, Executive Management Team, Board of Directors, and Finance Committee, translating financial insights into actionable decisions that support organizational growth and long-term sustainability
- Minimum of 15 years of progressively responsible financial leadership experience, including extensive oversight of sophisticated financial operations such as treasury management, cash flow forecasting, capital planning, debt management, refinancing strategies, investor reporting, and multi-entity financial reporting within affordable housing, real estate, community development, or similarly complex organizations
- Deep operational knowledge of accounting, audit oversight, internal controls, tax compliance, risk management, financial governance, and regulatory requirements within a highly regulated environment
- Demonstrated success leading finance functions within complex affordable housing, community development, real estate, or mission-driven organizations, balancing financial stewardship, operational excellence, and strategic execution
- Exceptional ability to build, mentor, and lead high-performing teams while fostering accountability, collaboration, succession planning, and strong relationships across development, property operations, asset management, banking institutions, auditors, investors, government agencies, and funding partners
