Hinojosa Named CEO of Opportunity Home San Antonio
July 14, 2021
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After leading the Opportunity Home San Antonio (Opportunity Home) through a historic pandemic as the interim head of the agency, the Opportunity Home Board of Commissioners named Ed Hinojosa, Jr. as the permanent President and CEO after a six-month national search during a special board meeting today.
“It was important for this Board to find the right individual with both knowledge of the housing industry but also the compassion to meet the needs of our residents,” said Board Chair Dr. Ana Margarita “Cha” Guzman. “Ed uniquely understands the intricacies of the industry but also the unique needs of the community. As San Antonio grapples with the ongoing affordable housing crisis, we are confident Ed will propel the agency forward to meet this challenge with ingenuity and benevolence.”
Hinojosa will be tasked with leading the agency with an annual operating costs of $185 million, more than 500 staff and the development of more than a $1 billion in new affordable housing through San Antonio.
Hinojosa’s focus will be to increase the public housing stock in the city and changing the agency’s approach to treat housing as a human right.
“I am humbled by the appointment to serve Opportunity Home,” said Ed Hinojosa, Jr., after the special board member announcement. “I have seen the agency make positive strides in the last few years, but there is so much more work to be done. I am eager to continue the agency’s affordable housing mission that respects the families we serve and demonstrates compassion and empathy to the challenges they are facing.”
Before his appointment as interim president and CEO in January 2021, Hinojosa served as the Chief Financial Officer for 12 years, in which he helped the agency build a strong financial position and deliver clean financial audits. He has been employed with Opportunity Home for 17 years.
Hinojosa serves as the board chair on the Board of Directors for the HAI Group, a captive insurance company with assets approaching $1 billion. He is also a member of the Board of Directors of Credit Human, a member-owned organization with more than $3 billion in assets.
Hinojosa’s prior positions have been of increasing responsibility in financial and general management in the United States and Latin America. He has held the top financial position in organizations up to $1.1 billion in size and has been a key adviser and collaborator on strategic business issues including major activities such as reorganizations, restructures, acquisitions, divestitures, turnarounds and start-ups.
Hinojosa succeeds David Nisivoccia who departed the agency in January 2021 to serve as executive director of the Denver Housing Authority.