Senior Development Manager
Apply NowCompany: Chicago Housing Authority
Location: Chicago, IL 60629
Description:
Job Description
The Development Department is responsible for the creation, implementation, monitoring/evaluation of development proposals/plans for mixed-income and public housing sites with the goal to create vibrant, complete communities and new housing opportunities for public housing residents. Activities carried out by this Department include project management of development of mixed income communities, family development improvements, market-quality affordable senior housing, and the acquisition/disposition of real estate assets.
The Senior Development Manager is responsible for coordinating the implementation of complicated, multi-phased community development plans in compliance with city, state and federal policies and in accordance with finance, land use, environmental and transportation best practices. This includes but is not limited to managing mixed finance developments and coordinating the comprehensive revitalization of CHA development areas including residential, commercial, institutional, recreational and educational development. The Senior Development Manager is also responsible for providing guidance to Development Managers.
The Senior Development Manager will report to the Director of Development or Deputy Chief and will work collaboratively with other CHA departments, other government agencies and stakeholders to define, refine and meet Department objectives.
DUTIES AND RESPONSIBILITIES:
QUALIFICATIONS
A minimum of a Bachelor's Degree in Political Science, Architecture, Urban Planning, Engineering, Accounting, Business Administration or related field is required. Five (5) or more years' experience in private business, government environment or not for-profit community development with a strong emphasis on comprehensive, multi-phased development of affordable residential properties. A Master's Degree in City Planning and Urban Development, Public Policy, Business Administration or directly related degree is desirable. A combination of experience and education will be considered in lieu of required degree. Experience with public housing funding, tax increment financing, CDBG, HOME funds, bond proceeds and other federal/state funding opportunities is preferred. Experience with underwriting and structuring real estate development projects, negotiating operating agreements, sources and uses and capital stacks is preferred. Demonstrated interest in management, team leadership and experience with mixed-use development is preferred. Ability to explain highly complex and involved processes in a manner that can be understood by the general public. Ability to think and communicate analytically and consequentially. Ability to exercise sound judgment, anticipate challenges and respond appropriately to both supervisors and other teammates. Ability to prioritize and handle multiple tasks and deadlines
Ability to complete projects on time and set deadlines. Excellent written, verbal and interpersonal communication skills. Ability to manage diverse stakeholder groups. Excellent human relation skills, and solid computer skills. Ability to lead and train teammates. Ability to work extended work hours and travel throughout the City of Chicago.
Salary Range: $100,000 - $115,000
Grade: S9
FMLA: Exempt
Union: None
The Development Department is responsible for the creation, implementation, monitoring/evaluation of development proposals/plans for mixed-income and public housing sites with the goal to create vibrant, complete communities and new housing opportunities for public housing residents. Activities carried out by this Department include project management of development of mixed income communities, family development improvements, market-quality affordable senior housing, and the acquisition/disposition of real estate assets.
The Senior Development Manager is responsible for coordinating the implementation of complicated, multi-phased community development plans in compliance with city, state and federal policies and in accordance with finance, land use, environmental and transportation best practices. This includes but is not limited to managing mixed finance developments and coordinating the comprehensive revitalization of CHA development areas including residential, commercial, institutional, recreational and educational development. The Senior Development Manager is also responsible for providing guidance to Development Managers.
The Senior Development Manager will report to the Director of Development or Deputy Chief and will work collaboratively with other CHA departments, other government agencies and stakeholders to define, refine and meet Department objectives.
DUTIES AND RESPONSIBILITIES:
- Coordinates the implementation of complicated, multi-phased community development plans and comprehensive revitalization efforts in compliance with city, state and federal policies and in accordance with finance, land use, environmental and transportation best practices. These activities may vary and could include residential, commercial, institutional, recreational, and educational development.
- Manages the development process including schedule, focused on achieving milestones as articulated and unit delivery goals in a timely manner.
- Keeps executive management informed at all times of progress in achieving milestones and unit delivery goals. Identifies and consults with leadership team policy matters that impact Development.
- Leads meetings and communication in order to collaborate with other departments and agencies throughout the development process - sharing expertise as well as soliciting that of others leading the efforts to keep development projects moving forward.
- Identifies and organizes team to pursue strategic opportunities for CHA.
- Manages the business relationships between CHA and the development team. Manages development- specific coordination activities with the City. Provides guidance and tools to teammates in their work with other development teams.
- Engages numerous City Departments, Chicago Public Schools and the Chicago Park District, as required.
- Manages communication and meetings with residents and community representatives through the Local Advisory Council, Working Groups, and Neighborhood/community meetings.
- Engages CHA Resident Services, Property Asset Management, Legal, Procurement and Finance during the development and leads closing process including the production of evidentiary or other documents for HUD processing.
- Coordinates with Resident Services and Property Asset Management for efficient CHA unit delivery, leasing and occupancy. Effectively translates Resident Services and Property Asset Management concerns to the development team to ensure a comprehensive CHA strategy.
- Presents to community residents/representatives, City departments, HUD, other governmental agencies, and other groups, as required. Provides guidance and tools to teammates as they grow in their community presentation skills.
- Writes and coordinates solicitations for development proposals via RFP or RFQ process with Procurement and leads the review process, as required.
- Completes, or reviews for teammates, funding reporting (coordinating all elements including financial and narrative reporting. Ensures that financial expenditures are met and in accordance with any requirements.
- Reviews developer proposals submitted by private and public agencies for conformity with current CHA objectives.
- Provides training to others and coordinates the development and operating budget underwriting and analysis; deal structuring; preparation and review of HUD evidentiary financing documents including loan agreements; reviews and approves the closing draw package; and processes predevelopment and construction loan disbursements.
- Coordinates and trains CHA staff for monthly construction site inspections and draw meetings and to discuss issues related to construction.
- Performs other duties, as assigned, consistent with the goals and objectives of this position.
QUALIFICATIONS
A minimum of a Bachelor's Degree in Political Science, Architecture, Urban Planning, Engineering, Accounting, Business Administration or related field is required. Five (5) or more years' experience in private business, government environment or not for-profit community development with a strong emphasis on comprehensive, multi-phased development of affordable residential properties. A Master's Degree in City Planning and Urban Development, Public Policy, Business Administration or directly related degree is desirable. A combination of experience and education will be considered in lieu of required degree. Experience with public housing funding, tax increment financing, CDBG, HOME funds, bond proceeds and other federal/state funding opportunities is preferred. Experience with underwriting and structuring real estate development projects, negotiating operating agreements, sources and uses and capital stacks is preferred. Demonstrated interest in management, team leadership and experience with mixed-use development is preferred. Ability to explain highly complex and involved processes in a manner that can be understood by the general public. Ability to think and communicate analytically and consequentially. Ability to exercise sound judgment, anticipate challenges and respond appropriately to both supervisors and other teammates. Ability to prioritize and handle multiple tasks and deadlines
Ability to complete projects on time and set deadlines. Excellent written, verbal and interpersonal communication skills. Ability to manage diverse stakeholder groups. Excellent human relation skills, and solid computer skills. Ability to lead and train teammates. Ability to work extended work hours and travel throughout the City of Chicago.
Salary Range: $100,000 - $115,000
Grade: S9
FMLA: Exempt
Union: None