Veronica Gonzalez

Veronica

Gonzalez

Development Director, Midwest
The NHP Foundation

Ms. Gonzalez joined The NHP Foundation in 2020 with 20 years of experience managing complex multifamily, mixed finance redevelopments for public housing authorities, municipalities, and private affordable housing developers. Her diverse set of real estate skills developed from working in all aspects of development enables her to collaborate on project strategy, vet acquisitions, drive recapitalizations and direct community development investments. Ms. Gonzalez’s primary focus is on Chicago and Midwest opportunities. Her responsibilities include project conceptualization, predevelopment, deal execution and project closeout. She maintains local relationships to partner and facilitate development of affordable housing.

Experience

THE NHP FOUNDATION
Director
2020 – Present
• Collaborate on project conceptualization, predevelopment, construction oversight/administration and project closeout as
needed
• Oversee and implement Chicago-based projects and other Midwest opportunities
• Direct multi-layered real estate transactions to closing including underwriting analysis and deal structuring
• Work with debt and equity providers to finance developments

THE RESURRECTION PROJECT
Vice President Real Estate Development
2016-2019
• Led real estate development strategy, feasibility and execution
• Oversaw Real Estate Development team
• Assessed portfolio opportunities, including the operational improvements and impacts due to refinances
• Led data integrity initiative and responsible for merging onto new Property Management software
• Responsible for developing roadmap to improve operations and ensuring financially sound management practices were
developed and adhered to
• Built financial models and performed due diligence for both TRP commercial developments and partner agencies in TRP’s
footprint communities.
• Led the team in securing private & public financial resources i.e. NMTCs, LIHTCs, TIF, private debt, etc.

BAKER TILLY VIRCHOW KRAUSE, LLP
Manager
2013-2016
• Provided assistance to clients with obtaining funding sources such as Low Income Housing Tax Credits (LIHTC), Historic Tax
Credits (HTC), HOME, CDBG, FHLB, and other public and private sources.
• Consulted on public housing asset & portfolio repositioning opportunities, including the operational impacts of RAD conversions
• Led contracts for troubled housing authorities, coordinating with respective HUD Offices to assess financial, physical,
governance, and operational health, to produce a snapshot from which a roadmap for improving operations and ensuring
financially sound management practices could be developed
• Provided real estate development advisory services for clients, including public housing authorities and their instrumentalities,
affiliates and joint venture partners
• Served numerous clients on acquisition and redevelopment projects, including development and review of pro formas, and the
preparation of project cash flows.
• Experienced in cash flow analysis, financial modeling and forecasting, project budgeting, and financial due diligence.
• Assisted clients with obtaining and negotiating financial commitments with respect to tax credit syndication and debt
placement

CHICAGO HOUSING AUTHORITY
Development Manager
2008-2013
• Managed mixed-income, mixed-finance, multifamily development process under Chicago’s Plan for Transformation; monitored
construction and lease up phases to ensure and secure accelerated tax credit delivery
• Led bilingual/bicultural community outreach meetings in order to obtain consensus in building design, income mix, housing
tenure and project density
• Chaired development team meetings from predevelopment planning through permanent loan conversion; directed design
professionals, engineers, development financing, general contractor and property management efforts
• Collaborated with City of Chicago Department of Housing and Economic Development in developing infrastructure plans,
Planned Developments, TIF designation and other entitlements needed for CHA developments
• Led CHA rehabilitation in General Partnership developments; acted as developer within Joint Partnership internal structure; Led
rehabilitation of CHA’s first LEED building. Achieved Platinum level certification.

EAST LAKE MANAGEMENT & DEVELOPMENT CORP
Development Manager
2006-2008
• Drove multi-layered real estate transactions to closing including development and for sale marketing budget, underwriting
analysis and deal structuring
• Served as owner’s representative in development of single- and multi- family for sale housing and responsible for developer and
general contractor’s activities including loan closing, bidding, subcontractor’s coordination, compliance with City regulations
both for affordable buyer qualifications and contractor compliance.
• Chaired development team meetings from predevelopment planning through final sales and construction loan take out;
directed design professionals, engineers, general contractor and marketing sales efforts.

PLANNING DEPARTMENT CITY OF CHAMPAIGN
Implementation Planner
2001-2005
• Managed TIF Districts and Food & Beverage Tax funds. Oversaw interfund loans, incentive investments, capital expenditures,
and overall budget responsibilities. Negotiated with local taxing districts to successfully extend the life of Champaign’s
downtown TIF.
• Monitored revenue sharing agreements with neighboring municipality and evaluated economic development generating
investments.
• Led redevelopment of the UIUC’s Campustown Commercial Area, including Green Street Renovation. Coordinated all advanced
planning components, including transportation study, geometric/streetscape design, public facilitation, budgeting and funding
plan.
• Planned and adhered to project budget and schedule by negotiating Special Service Area district with local property owners,
managing state grants and municipal tax fund.
• Conducted media and community engagement for division projects, including event management,
charettes, and other facilitation tools.
• Prepared bi-weekly reports and presented regularly to Plan Commission, City Council and Developers’ Forum.

CHICAGO ASSOCIATION OF NEIGHBORHOOD DEVELOPMENT ORGANIZATION
Associate Director
1998-2000
• Provided technical expertise to Community Development Corporations seeking to redevelop commercial corridors
• Prepared fact sheets for Retail Chicago Initiative; sub-segmented market & demographics data.
• Conducted focus group research to guide a marketing strategy to reposition Chicago as a “high tech” city.
• Developed set of Chicago’s competitive cities and analyzed cluster data to unpack opportunities for market infiltration.
• Research fueled creative executions of the communications objectives and delivered marketing campaign for the City of Chicago
and World Business Chicago to undertake.

Education

University of Illinois at Urbana-Champaign Master of Urban Planning 2007
University of Chicago Bachelor of Arts, Public Policy Studies 1998

back arrow
View All Speakers