Icon hamburger
US
What job do you want?
Apply to this job.
Think you're the perfect candidate?
Apply on company site
Thumsup

You’re being taken to an external site to apply.

Enter your email below to receive job recommendations for similar positions.
Mxp4h85wx5st93ysgb2

VP of Development

ExecuNet Atlanta Full-Time
Apply on company site

Position Duties & Responsibilities:    

  • The VP will support the Regional Vice President on the early stages of the development process including business development, community relations and building partnerships. The role will work to identify development opportunities that fit within the mission and capacity of Company. This person possesses a natural ability to research the market and fully understand how to identify development projects and partnership opportunities.
  • Coordinates the development of affordable housing in one or more geographic areas and collaborates with partner agencies and/or independently identifies potential sites and conduct due diligence around sites.
  • Prepares project feasibility analysis and makes recommendations to the senior leadership team for advancing projects.
  • Prepares and maintains current performance metrics that include: predevelopment budget, development budget, construction cost, operating budget, 30-year cash flow and project timeline
  • Takes the lead on all aspects of the development process and working with and overseeing development team members including overall project design, construction, lease up, etc.
  • Coordinates review and input from partner agencies and internal constituents such as Property/Asset Management and Finance teams at appropriate milestones and appropriately influences the development process.
  • Collaborates with internal and external partners on the criteria and selection of architect, general contractor, attorneys, appraisers, surveyors, “green” consultants, environmental consultants, auditors and others as needed.
  • Reviews and negotiates terms and conditions for various development-related agreements with project attorneys, including but not limited to architect and general contractor contracts, other contractor/consultant contracts, funder loan/equity documents, etc.
  • Collaborates with internal partners related to construction administration activities, including: monitoring construction progress and quality, coordinating funder contributions, administering the development budget and coordinating contractor payments.
  • Oversees property management and lease-up on development projects.
  • Researches best model housing development practices and makes recommendations to senior leadership team on incorporation of the same.
  • Actively participates in conferences, workshops and trainings geared toward improving the employees’ and organization's effectiveness and quality of work. Participation includes presenting material to internal and external audiences.
  • Develops strong working relationships with other Company Organization companies and functions.
  • Travel Percentage: Up to 30%

Required Experience: 

  • Five to seven years of real estate project finance or quantitative finance experience. Preference for candidates that have worked for real estate developers or experience with underwriting and closing practices in multifamily affordable housing.

Required Education/Training: 

  • An undergraduate degree is required; studies in business, finance, accounting, economics, or real estate preferred. An advanced degree (e.g., MBA or Masters in Real Estate) is desirable, but not required.

Required Skills and Abilities: 

  •  Experienced with Low Income Housing Tax Credits (LIHTC) and other national, state and local affordable and workforce-housing debt, grant and subsidy programs.
  • Extensive knowledge of capital markets and equity programs including pre-development funding, tax credit equity, permanent debt programs and principal participants in affordable housing capital markets.
  • Knowledge of the geographic market and targeted expansion markets; including competitors, key staff at housing agencies and programs, key consultants, experienced designers, reputable contractors, and demographic and employer trends.
  • Excellent project management and development process skills including - creating project plans; coordinating projects; communicating changes and progress; completing projects on time and budget; managing project team activities; organizing or scheduling interns and their tasks; developing realistic action plans.
  • Technical Skills -knowledge of architectural and engineering drawings, site planning, architectural design, government entitlements such as zoning, construction techniques, real estate law, and negotiations.
 

Recommended skills

Property Management
Low Income Housing Tax Credit
Leasing (Contract Law)
Partnerships
Capital Markets
Tax Credits

Location

CareerBuilder Estimated Salary

Based on Job Title, Location and Skills
$130K
Below Avg. Average Above Avg.
Apply to this job.
Think you're the perfect candidate?
Apply on company site

Help us improve CareerBuilder by providing feedback about this job: Report this job

Report this Job

Once a job has been reported, we will investigate it further. If you require a response, submit your question or concern to our Trust and Site Security Team

Job ID: 589183

CAREERBUILDER TIP

For your privacy and protection, when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Learn more.

By applying to a job using CareerBuilder you are agreeing to comply with and be subject to the CareerBuilder Terms and Conditions for use of our website. To use our website, you must agree with the Terms and Conditions and both meet and comply with their provisions.