Vice President of Impact Investing

About the position The Community Foundation for Greater Atlanta (The Foundation) is one of the nation’s premier philanthropic institutions, managing over $1.8 billion in assets and serving as a trusted partner to more than 1,000 donors and nonprofit organizations. The Foundation works to advance equity and shared prosperity across metro Atlanta through donor-advised funds, strategic grantmaking, civic leadership, and community investment. The Vice President of Impact Investing serves as the senior leader responsible for strategy, execution, and performance of the Foundation’s impact investment platform, including our TogetherATL Atlanta Affordable Housing, GoATL Affordable Housing, GoATL Community Capacity, and Community Guarantee funds and program. The Vice President drives the impact investment strategies and portfolios from origination to exit/repayment, ensuring strong asset quality, compliance, and impact performance, while building and stewarding capital relationships across philanthropic and impact-investing stakeholders. Further, the Vice President will play a lead role in driving the Foundation’s affordable housing strategy. The vast majority (over 90%) of the impact investment work focuses on affordable housing. This role operates with executive-level autonomy and Board visibility and combines market-facing deal leadership (pipeline cultivation, underwriting, structuring, and closing) with platform leadership (team goals, operating plan, governance rhythms, investor relations, and reporting), and manages a cross-functional service level agreement (SLA) in partnership with Operations (Finance, Human Resources, Legal, Philanthropy, Programs, and Communications).

Responsibilities

• Own and continuously refine the impact investment platform strategy, annual priorities, and execution roadmap in partnership with the CEO and senior leadership.
• Work with the leadership team and board on the next iteration of the organization’s strategic plan and develop plans taking our impact investing to the next level.
• Represent the Foundation externally in impact investment and housing ecosystems—developers, CDFIs, public agencies, peer funders, and collaboratives—advancing credibility and partnership pathways.
• Lead a robust origination engine across metro Atlanta: source, evaluate, and advance impact investments (primarily in affordable housing).
• Manage and grow the active pipeline (e.g., GoATL/TogetherATL and related vehicles), ensuring clear stage gates, documentation, and decision-ready materials.
• Oversee and lead structuring transactions (debt and equity as applicable), partner with Finance and Legal to align on terms, negotiate terms, and guide deals through investment committee approval and closing.
• Oversee due diligence and underwriting workflows (internally and with consultants), ensuring consistent risk assessment, affordability/impact standards, and documentation quality, balancing property types, locations, and risk levels to optimize social/impact returns and minimize exposure to market fluctuations.
• Oversee and lead portfolio/asset management: borrower monitoring cadence, covenant compliance, and proactive risk management across all housing funds.
• Maintain fund-level tracking against goals (e.g., affordability levels, sponsor concentrations), and ensure compliance artifacts (side letters, grant agreements, reporting requirements) are complete and accessible.
• Partner with the CEO and Philanthropy/Impact teams to drive the fundraising capital strategy across philanthropic, institutional, and impact-investing sources.
• Support closing and onboarding of new investors, coordinating with Legal/Operations on fund documents (e.g., subscription agreements and related closing materials).
• Serve as senior relationship manager to key capital partners and steward institutional donor relationships.
• Oversee semi-annual/annual impact reports, donor-specific compliance reporting, and an integrated reporting calendar.
• Engage with internal stakeholders to define and maintain the impact metrics framework, including data collection processes from borrowers/partners.
• Build and manage the department’s team, advise on positions required in partnership with human resources, and staff the team in preparation for future growth.
• Lead the impact investment team’s operating cadence: goal setting, performance expectations, coaching, and accountability systems.

Requirements

• Bachelor’s degree in finance, real estate, public policy, business, planning, or related field (advanced degree preferred).
• 10+ years progressive experience in impact investment/affordable housing finance/real estate, impact investing, community development finance, housing policy implementation, or closely related work.
• Demonstrated experience leading complex transactions (debt/equity), including underwriting, structuring, negotiations, and closing.
• Strong stakeholder communication skills—comfortable presenting to investment committees, boards, and external partners.
• Proven ability to lead multi-stakeholder initiatives, manage priorities, and deliver outcomes on time and within budget.

Nice-to-haves

• Experience working with or alongside: CDFIs, LIHTC ecosystem partners, public housing/agency stakeholders, philanthropy, and institutional investors.
• Experience building (or re-building) operating systems for a fund/platform (templates, workflows, reporting calendars, compliance tracking).
• Familiarity with fund documentation processes and partnership with counsel/finance teams on closings and governance.

Benefits

• All benefits effective on date of hire – no waiting period
• 100% employer-paid benefits (medical, dental, vision) for employee-only insurance plans
• 100% employer-paid life insurance and AD&D
• 100% employer-paid short-term disability and long-term disability
• 100% employer-paid parking downtown Atlanta or monthly MARTA card
• Affordable plans for legal insurance, critical illness, supplemental life, and more
• Employee Assistance Program
• Immediate eligibility to contribute to a 403(b) plan, plus a 6% employer-paid contribution after one year of employment—regardless of employee contributions.
• Individual Development Plans (IDPs) for each team member including trainings, resources, development opportunities, etc.
• Two Wellness Rooms for mental health with self-care items
• Fun monthly employee engagement activities
• Paid time off: Four weeks accrued paid vacation
• Two weeks accrued paid sick leave
• Four mental health days
• Two personal days
• Two floating holidays
• Ten holidays

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