Vice President, Strategic Initiatives
As Vice President of Strategic Initiatives, Paul Kress is responsible for carrying out the organization’s strategic plan for growth in the areas of real estate development, property management, capital improvement projects, and the development of new lines of business to advance and sustain the work and mission of VOA-GNY. He spearheads VOA-GNY’s acquisitions/dispositions, project financing, development and construction, and the management of the organization’s real estate portfolio.
Tasked with coordinating the development of business strategies and practices that will improve the organization’s operational effectiveness and build its capacity, he is actively engaged in helping VOA-GNY expand its footprint of programs, services, and its diverse array of affordable housing products into other communities in the Tri-State area of New York, Northern New Jersey, and Connecticut.
Most recently, under his leadership, VOA-GNY under took a new initiative in real estate development focused on providing affordable housing with supportive services for low and very low-income seniors. The Clarke Place Senior Residence in the Bronx, a 15-story, 122-unit apartment building for seniors now in construction, is the first of many planned senior housing projects VOA-GNY will develop over the next five years in New York City.
Mr. Kress has over 20 years of affordable housing and community development experience. He has been with the National Office of Volunteers of America and now VOA-GNY since 2005. He has played a significant leadership role in the development of more than 30 properties and a million square feet of residential and commercial real estate. Mr. Kress spearheaded the development of numerous green retrofit projects, affordable housing projects, and specialized facilities across the country and in Puerto Rico.
Mr. Kress is an ordained minister with the Presbyterian Church (USA) and Volunteers of America and has served congregations in Pennsylvania, Washington, D.C., and New York City, and holds degrees from Messiah College and Princeton Theological Seminary.
Areas of Expertise:
- Supportive Housing Development
- Tax Credits and Other Nonprofit Financing