Associate Director of Real Estate Development

Location: Seattle, Washington
Date Posted: 10-09-2018

Compensation: $105,000-$115,000
 
The Associate Director works with the VP Real Estate Development to manage real estate development for Capitol Hill Housing.  The position is responsible for supervising and developing multiple project management staff as well as managing all stages of affordable housing development projects. This includes professional and managerial work planning, organizing, and managing the development activities related to the acquisition, new construction, and rehabilitation of Capitol Hill Housing’s real estate development projects.  Capitol Hill Housing has a robust pipeline with a variety of projects utilizing standard affordable housing sources as well as nontraditional sources. Capitol Hill Housing increasingly works in partnership with other organizations in its development work. Work may encompass projects in varying stages of development and may include large, technically complex housing and mixed-use projects.  Works under general direction of the Vice President of Real Estate Development and acts independently to manage projects and supervise staff.
 
Duties and Responsibilities:
Project Management:
  • Oversees and coordinates all stages of affordable housing development including site research and acquisition, feasibility analysis, pre-development, design, project financing, and construction for development projects.
  • Develops or oversees schedules for project completion.
  • Researches and secures funding to support feasibility, site acquisition, pre-development, construction, and permanent financing phases of development. Conducts feasibility studies and develops pro-forma financial projections. Develops detailed financial analyses and budgets and provides regular reports as required.
  • Develops and manages relationships with federal, state and local funders, government agencies, community and neighborhood groups, development partners and industry professionals. Represents organization before government agencies, planning and zoning commissions, city council, and other community meetings to garner critical support and governmental approvals for potential projects.
  • Oversees and monitors progress through project completion of development team members including architects, engineers, contractors, legal counsel and financial consultants.
  • Researches new project opportunities in keeping with CHH’s mission.
  • Collaborates with the property management, asset management, and finance departments on the development of new projects and rehabilitation of existing projects.
Supervisory:
  • Supervises project management staff on all aspects of project development.  
  • Hires, trains, mentors, evaluates and disciplines assigned staff.
  • Ensures new development staff receive comprehensive training.
  • Meets regularly with direct reports, supports professional development and ongoing work.
 Leadership:
  • Promotes strong inter-departmental relationships.
  • Develops standard operating procedures for the department including standardized proformas and file organization.
  • Other job duties and projects as assigned.
 
 
Minimum Qualifications:
  • Bachelor’s Degree is required.
  • A minimum five years of direct experience with affordable housing development.  A Master’s Degree as described below may be substituted for one year of experience depending on area of study.
  • Previous experience with affordable housing finance, including LIHTC.
  • Excellent presentation, written, and oral communication skills
  • Ability to perform detailed financial analyses of housing developments concerning site acquisition, predevelopment activities, construction financing, and permanent financing.
  • Highly independent, with ability to handle daily responsibilities and projects with minimal direction.
  • Ability to work under pressure and successfully meet deadlines.
  • Ability to read and interpret architects’ drawings, legal documents and other complex documents.
  • Must be able to work collaboratively with project teams, funders, government agencies and a wide variety of individuals
  • Knowledgeable of and involved with local and state affordable housing issues and industry groups.
  • Demonstrated ability to supervise staff
 
Preferred Qualifications:
  • Project management of complex projects (resyndication, NMTC & LIHTC combo).
  • Master’s Degree in planning, public policy, business, or a related field.
  • A minimum of two years supervisory experience.
 
 
   
All employees at CHH are employees at will.  The job description outlined above is not intended to represent an absolute or final list of all elements, activities or duties of the job.  The statements above are intended to describe the general nature and level of work performed by the person assigned to this position.
 
Candidates selected for this position must pass a criminal history background check prior to employment with Capitol Hill Housing.  Capitol Hill Housing is an Equal Opportunity Employer; all qualified candidates will receive consideration for employment without regard to race, color, religion, sex or national origin.
 
To learn more about our rich benefits package, please visit our website http://www.capitolhillhousing.org/about/benefits.php.
 
To Apply:
 
Apply online at: http://www.capitolhillhousing.org/about/employment.php    
 
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