Associate Director of Real Estate Development

Eden Housing is committed to creating communities and changing the lives of others through affordable housing. As a team, we work to meet the needs of lower income families, seniors, and persons with disabilities to develop true home environments and to genuinely improve the quality of life for our residents. We are committed to our green initiative and build with an energy-efficient perspective in mind, installing technologies such as solar panels and ensuring that all employees are educated on the importance of maintaining an environment for the future. Each year we continue to grow, and we are proud to say that our success is due to the collective hard work and support of our amazing partners and staff. If you are hardworking, innovative, and passionate, then come join our team!

The Associate Director of Real Estate Development is responsible for leading a team in originating, coordinating and implementing all aspects of the development of affordable housing projects. Projects may include new construction, acquisition and rehabilitation, portfolio syndication, and joint ventures with other developers. This position will directly supervise at least one employee in the Real Estate Development Department.

• Initiates location and evaluation of potential project sites and properties.
• Negotiates acquisition agreements.
• Identifies new areas of program activity.
• Assists with formulating department strategy.
• Conducts preliminary feasibility analyses and organize critical community support.
• Researches and secure sources of predevelopment, construction and permanent financing from public and private sources.
• Works with public agency staff to assure timely public review and approval including environmental and other entitlement reviews.
• Coordinates environmental review and local agency approvals.
• Identifies members of the development team and negotiate contracts with contractors, engineers and architects.
• Prepares and monitor project budgets, cash flow projections and project schedules.
• Oversees design and construction management to ensure attention given to special-user needs, project budget, timelines, and lender/investor requirements.
• Makes public presentations on behalf of Eden at external project and policy meetings.
• Assists the Director with hiring and orientation of new development staff.
• Facilitates training and technical support for new project developers.
• Works with Eden Housing Resident Services to identify feasibility of on-site service programs, and identify sources of necessary funding.
• Works with Eden Housing Management and community groups to facilitate affirmative marketing and smooth transition to occupancy.
• Prepares written report material and grant applications, and makes presentations before public bodies and community groups.
• Lead team responses to RFQ’s and RFP’s.

KNOWLEDGE, SKILLS AND ABILITIES

• Experience or background in all aspects of affordable housing project development from acquisition through construction completion
• Working knowledge and experience with local, state and federal housing financing programs; including HCD programs, HOME, Low Income   Housing Tax Credits, and Tax Exempt Bonds.
• Working knowledge of the state and local entitlement and public approvals processes
• Previous supervisory experience
• Knowledge of and sensitivity to the concerns and needs of lower income people
• Ability to conduct financial analysis and budget preparation
• Effective oral and written communication, interpersonal and conflict-resolution skills
• Effective public presentation skills.
• Ability to work in and lead project teams and to work with a wide variety of individuals
• Computer skills including word processing and spread sheets for financial analysis required
• Excellent organizational and problem-solving skills
• Must be able and willing to travel throughout Eden’s portfolio, and attend evening and weekend meetings as requested.

SUPERVISORY RESPONSIBILITIES

Directly supervises staff member(s) in the Real Estate Development Department. Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving issues.

EDUCATION and/or EXPERIENCE

Bachelor’s Degree (B.A.) or equivalent; Master’s Degree (M.A.) or equivalent in Business, Planning or similar applicable degree; five years related experience and/or training; or an equivalent combination of education and experience.

PREFERRED SKILLS and/or ABILITIES

• Excellent organizational and written communication skills
• Ability to prioritize and work independently on a wide variety of tasks
• Experience and familiarity with computer software including, Microsoft Word and Excel; ability to create and manipulate spreadsheets.
• Excellent communication (verbal and written), decision-making, interpersonal, negotiation, conflict resolution and time management skills.
• Ability to work under pressure and successfully meet deadlines.
• Ability to communicate and interface professionally and sensitively to staff, board, residents and public.
• Flexible, creative, well-organized.
• Ability to handle shifting and multiple priorities in a fast paced, growth environment.
• Strong analytical and problem solving skills.
• Must be able and willing to travel to all company locations to carry out duties and responsibilities.
• Experience working with diverse groups, i.e., staff, residents, outside contacts.
• Commitment to the companies’ goals and philosophy.

LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. The ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and boards of directors.