About the Job
A growing real estate development and construction management company is seeking a Development Manager (Affordable Housing) to support existing and prospective development projects. This organization specializes in the new construction and rehabilitation of affordable mixed-use residential developments and has a proven track record of successfully completing projects.
Responsibilities:
- Oversee the implementation and administration of real estate development projects, reporting directly to senior leadership.
- Prepare financial underwriting and execute all tasks required to secure acquisition, construction, and permanent financing for new and existing developments.
- Provide project management during construction, including preparing requisitions, tracking expenditures, and maintaining job meeting minutes and correspondence.
- Coordinate all aspects of the project lifecycle, ensuring timely and budget-conscious completion.
- Develop and manage project time lines, budgets, relocation plans, and marketing strategies.
- Coordinate transactions with banks, governmental agencies, attorneys, title companies, architects, and contractors.
- Facilitate the identification of new development opportunities and manage related predevelopment efforts.
- Prepare and submit RFPs, RFQs, and other subsidy applications.
- Oversee major capital improvements and implement sustainable real estate practices, such as energy efficiency and water conservation initiatives.
- Support compliance with relevant city agencies, local laws, and regulations.
- Secure capital grants, rental assistance, and property tax exemptions for the organization's portfolio.
- Facilitate the transition of projects from development to property management after construction is completed.
- Collaborate with cross-functional teams, including construction, accounting, and property management.
Qualifications:
- Bachelor's degree with at least five years of housing development experience, or equivalent education (e.g., Master's in Urban Planning, Real Estate, Public Administration).
- Strong financial underwriting and project management skills.
- Exceptional organizational and problem-solving abilities.
- Excellent verbal and written communication skills.
- Proficiency in Microsoft Excel, Word, and PowerPoint.
- Familiarity with government-funded programs is a plus.
- Self-motivated and capable of working independently.
