Stephanie Prange Proestel

Stephanie Prange Proestel

Executive Director

Stephanie Prange Proestel is the new Executive Director for Housing Initiative Partnership (HIP) as of February 1, 2024. She has more than 30 years of community development and housing policy experience. Stephanie succeeds Maryann Dillon as HIP’s 3rd chief executive.

During her 25-year tenure as Deputy Director of HIP, Stephanie has been an integral member of the nonprofit organization’s senior management team. She created the single-family acquisition rehab program, called “HIP Homes,” in 1998.  She is passionate about integrating innovative green building materials and practices across HIP’s housing development activity. During this time, she has also played a leadership role with HIP’s multifamily development team and manages HIP’s Resident Services team located in each of its apartment communities.

Stephanie was the project manager for HIP’s Mount Rainier Artists’ Apartments, which received seven awards for its innovation and green features.  In addition, she has worked with several large for-profit developers in joint venture relationships to develop more than 250 units of affordable, multifamily housing.  Stephanie has also provided development consulting services to tenant organizations in the District of Columbia to purchase, renovate, and convert their buildings to condominiums and limited equity cooperatives.

Prior to joining HIP in 1997, Stephanie was Research Director for Enterprise Community Partners.  In this position, she researched best practices in the areas of finance, development, supportive housing, community planning, safety, and organizational development. Stephanie earned a B.A. degree from Saint Olaf College, and a Masters of Real Estate from Johns Hopkins University.

To contact Stephanie in the Hyattsville main office, call 301-699-3870 or send an email.