Director of Housing Development

$175,000 - $185,000 yearly
  • The Paulsen Group
  • Hybrid (West Los Angeles, Los Angeles, CA, USA)
  • Jun 25, 2024
Full time LIHTC Developer Nonprofit

Job Description

The Director of Housing Development (the “Director”) will report to the Executive Director. The Director will be responsible for all housing development activities and will also play an important role as a leader in the broader community.  Local government officials recently reaffirmed their commitment to affordable housing as one of its top 5 priorities and we will play a key role in implementing the vision to become a more inclusive city.

 

Summary of Responsibilities

·         Define, refine and implement the strategic direction and goals of the housing development department in collaboration with the Board, Executive Director and other senior management

·         Oversee all project management activities relating to housing development and restoration/rehabilitation from site acquisition, through the entitlement process, construction and conversion to permanent financing

·         Source new potential projects/business development

·         Secure financing including overseeing the preparation of applications and the closing of loans and equity investments

·         Articulate our position on local, regional and state legislation and regulations that impact the development of affordable housing

·         Establish and maintain relationships with financing partners, government officials and other stakeholders

·         Oversee the process to identify and select key professionals including architects, contractors, engineers and other consultants

·         Hire, train and supervise staff in the Housing Development Department

·         Provide monthly updates to the Board of Directors

 

Summary of Education and Experience

·         10 years of experience in real estate finance and/or development

·         Must have managed numerous real estate development projects involving rehabilitation and new construction with multiple layers of financing including LIHTC, tax-exempt bonds and loan programs managed by the State

·         Strong analytical, mathematical and organizational skills

·         Excellent negotiating skills

·         Familiarity with environmental sustainability principles such as LEED, Enterprise Green Communities or other programs

·         Strong written and verbal communication skills

·         Proven experience managing a successful team including hiring and performance management