Development Manager - affordable housing
Apply NowCompany: CyberCoders
Location: Salt Lake City, UT 84118
Description:
If you are a Development Manager with affordable housing experience, please read on!
Top Reasons to Work with Us
We are a leader in the development of multifamily and affordable housing throughout the Western US. We are looking for an experienced Development Manager to join our team.
What You Will Be Doing
- Managing, coordinating, and completing the identification, entitlement, development, design, financing (including the obtaining and maintenance of tax credits), syndication, construction, lease-up, stabilization, conversion to permanent financing, and regulatory compliance for assigned projects
- Overseeing the modifications to and progression of the project pro forma in coordination with finance team to analyze possible funding scenarios and to address changes in project sources, uses, operating income and expenses, and other financial assumptions
- Developing and fostering effective relationships internally and externally, including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, construction managers, government liaisons, etc.); leverage relationships while seeking public and private funding sources that enable the team to creatively obtain gap financing
- Facilitating community and public agency support and approval of project plan
- Prepare project-related budgets and schedules, cash flow projections, deal memorandums, financial forecasts and strategic plans
- Managing the due diligence and closing process for complex mixed-finance deals with multiple lenders and governmental stakeholders while creating and executing strategies to prevent conflicts between funding sources
- Ensuring that proposals, applications, and closings meet LIHTC regulations, industry standards and internal deal standards
- Managing the design process to ensure compliance/approval by respective City, State and Federal agencies while developing and implementing solutions if any compliance or approval-related issues arise during construction and property operations
- Understanding and assist in managing incorporation of the Emmerson specifications into construction drawings
- Manage preparation and presentation of recurring Project Management Reports including all critical components of a project
- Analyzing funding and development legislation, regulations, policies, and market to determine applicability to projects and compatibility with other program requirements
- Overseeing the management, preparation and presentation of Investment Committee memos/meetings to senior leadership to achieve funding
- Supervising the financing application team and oversee application completion while coordinating with responsible parties.
- Overseeing and managing the lease-up process in conjunction with the Asset Management and Property Management team
- Managing, leading, and mentoring assigned project team members, complete related performance evaluations, and facilitate professional growth and development
- Identifying new, potential affordable housing projects. Take the lead on hand off to the Acquisitions team
What You Need for this Position
-10+ years of experience in multifamily/affordable housing development
-3+ years of leadership experience in affordable housing
-Bachelor's Degree
What's In It for You
-Competitive salary (DOE)
-Medical/Dental/Vision
-Disability and life insurance
-401k and match
-PTO
-other perks!
So, if you are a Development Manager with experience, please apply today!
Top Reasons to Work with Us
We are a leader in the development of multifamily and affordable housing throughout the Western US. We are looking for an experienced Development Manager to join our team.
What You Will Be Doing
- Managing, coordinating, and completing the identification, entitlement, development, design, financing (including the obtaining and maintenance of tax credits), syndication, construction, lease-up, stabilization, conversion to permanent financing, and regulatory compliance for assigned projects
- Overseeing the modifications to and progression of the project pro forma in coordination with finance team to analyze possible funding scenarios and to address changes in project sources, uses, operating income and expenses, and other financial assumptions
- Developing and fostering effective relationships internally and externally, including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, construction managers, government liaisons, etc.); leverage relationships while seeking public and private funding sources that enable the team to creatively obtain gap financing
- Facilitating community and public agency support and approval of project plan
- Prepare project-related budgets and schedules, cash flow projections, deal memorandums, financial forecasts and strategic plans
- Managing the due diligence and closing process for complex mixed-finance deals with multiple lenders and governmental stakeholders while creating and executing strategies to prevent conflicts between funding sources
- Ensuring that proposals, applications, and closings meet LIHTC regulations, industry standards and internal deal standards
- Managing the design process to ensure compliance/approval by respective City, State and Federal agencies while developing and implementing solutions if any compliance or approval-related issues arise during construction and property operations
- Understanding and assist in managing incorporation of the Emmerson specifications into construction drawings
- Manage preparation and presentation of recurring Project Management Reports including all critical components of a project
- Analyzing funding and development legislation, regulations, policies, and market to determine applicability to projects and compatibility with other program requirements
- Overseeing the management, preparation and presentation of Investment Committee memos/meetings to senior leadership to achieve funding
- Supervising the financing application team and oversee application completion while coordinating with responsible parties.
- Overseeing and managing the lease-up process in conjunction with the Asset Management and Property Management team
- Managing, leading, and mentoring assigned project team members, complete related performance evaluations, and facilitate professional growth and development
- Identifying new, potential affordable housing projects. Take the lead on hand off to the Acquisitions team
What You Need for this Position
-10+ years of experience in multifamily/affordable housing development
-3+ years of leadership experience in affordable housing
-Bachelor's Degree
What's In It for You
-Competitive salary (DOE)
-Medical/Dental/Vision
-Disability and life insurance
-401k and match
-PTO
-other perks!
So, if you are a Development Manager with experience, please apply today!