Victor L. Hoskins is the District of Columbia’s Deputy Mayor for Planning and Economic Development, where he is responsible for implementing Mayor Vincent C. Gray’s vision for jobs and economic development. As Deputy Mayor, Hoskins heads the Office of the Deputy Mayor for Planning and Economic Development (DMPED), which is the District’s lead agency in coordinating policies and initiatives with respect to affordable housing, business attraction and retention, as well as workforce and economic development.
The DMPED portfolio includes a development pipeline worth more than $18 billion in public-private housing, commercial office, retail, mixed-use and parks projects of all sizes interspersed throughout the District’s neighborhoods. Examples include the following: revitalization of the Saint Elizabeths East Campus in Ward 8; redevelopment of the Skyland Shopping Center, also east of the Anacostia River, in Ward 7; the reuse of 66.57 acres at the Walter Reed Army Medical Center with frontage on Great Street Georgia Avenue, NW in Ward 4; and the multi-site public housing and mixed-income New Communities Initiative in various wards. In addition to operating as an agency within the Executive Office of the Mayor, DMPED is responsible for overseeing a cluster of agencies that include the Department of Small and Local Business Development, the Department of Employment Services, the Department of Housing and Community Development, the Office of the Tenant Advocate, the Office of Planning, the Department of Consumer and Regulatory Affairs, the Department of Insurance, Securities and Banking, the Office of Motion Picture and Television Development, and the DC Commission on Arts and Humanities.
Leading the charge, Deputy Mayor Hoskins brings over 25 years of experience in executive level leadership, economic development, redevelopment, transportation, real estate finance, housing, community development and organizational management to the District. During his first quarter at the helm, Hoskins was nominated to serve on the boards of the DC Housing Authority, the Union Station Redevelopment Corporation, and the Washington DC Economic Partnership; in addition he was announced as the Co-Chair of the Region Forward Coalition of the Metropolitan Washington Council of Governments.
Prior to becoming Deputy Mayor, Hoskins served as a Vice President at Quadel Consulting where he managed over 100 staff persons providing affordable housing compliance services, processing roughly $360 million in housing assistance payments per year and creating public-private partnerships with housing finance agencies and public housing authorities across the country. Before joining the team at Quadel, he was a Senior Vice President at Doracon Development, where he served as a key negotiator in the development finance structuring for large scale projects located within the Inner Harbor at Baltimore, Maryland. Previously, he was the Lead Director for Mid-Atlantic Markets at Fannie Mae where he landed after working as the Cabinet Secretary of the Department of Housing and Community Development for the State of Maryland. As the Cabinet Secretary, he led a department with a $350 million budget, a $2.5 billion loan portfolio, and 400 employees that issued an average of $525 million in bonds annually. Successes during his tenure include the following: $7.1 billion in statewide economic impact focused on transforming neighborhoods; $4.7 billion in public-private investment strategically directed toward redevelopment, retail, office, commercial, housing and community development projects throughout the State of Maryland; $185 million in new state and local project-generated taxes; 74,000 direct and indirect new jobs, including 31,000 permanent jobs; and 35,939 new housing opportunities – a full three times the record held by any previous Administration.
Hoskins has also served as the Deputy Commissioner for the Baltimore Department of Housing and Community Development, Senior Vice President at Urban America, LP, and Assistant Secretary for the Maryland Department of Business and Economic Development. He is a graduate of Dartmouth College and earned his Masters in City Planning at the Massachusetts Institute of Technology. Additionally, Hoskins studied development finance at Harvard University’s Kennedy School of Government. He is a member of the American Planning Association and the International Economic Development Council. Hoskins resides in the District of Columbia with his wife.