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Our Client:

Our client is a leading innovator in affordable, workforce, and mixed-income housing. As one of the largest owners of affordable housing in the nation, they actively foster long-term public and private partnerships to create and maintain affordable, environmentally sustainable housing. Committed to continual growth, their extensive portfolio spans 17 states, encompassing over 110 communities and more than 18,500 units, providing high-quality, affordable housing to over 45,000 individuals.

Position Overview:

We are looking for an experienced Real Estate Development Manager/Director to lead LIHTC-financed multifamily development projects in the Mid-Atlantic region. This role encompasses responsibilities from project inception to turnover to asset and property management. The ideal candidate will possess a robust background in multifamily development, with demonstrated expertise in the entitlements process, project management, and a strong understanding of Low-Income Housing Tax Credit (LIHTC) financing.

Key Responsibilities:

• Provide leadership to a team of development professionals with oversight for multiple concurrent projects.
• Oversee the entire development process for multifamily projects, from initial site assessment and entitlements through construction completion and final delivery.
• Lead the entitlements process, including zoning applications, environmental reviews, public hearings, and community engagement. Ensure compliance with all local, state, and federal regulations.
• Interview and hire design, engineering, land-use, and any other project consultants. Negotiate and manage contracts with third-party consultants.
• Work closely with internal teams to ensure project goals are met and timelines are adhered to.
• Collaborate with the finance team to develop project budgets, financial models, and funding strategies. Leverage LIHTC and other financing mechanisms to optimize project funding.
• Build and maintain relationships with local government officials, community organizations, and stakeholders to facilitate project approval and support.
• Identify potential risks and develop mitigation strategies throughout the development process.
• Ensure high standards of quality and sustainability in all aspects of development, adhering to company values and industry best practices.

Qualifications:

• Bachelor’s degree in Real Estate, Urban Planning, Business Administration, or a related field; Master’s degree preferred.
• A minimum of 5 years of experience in multifamily real estate development, with a focus on the entitlements process.
• Exposure to LIHTC financing and a strong understanding of affordable housing development preferred.
• Strong knowledge of local zoning and land use regulations.
• Excellent communication and negotiation skills, with the ability to engage effectively with diverse stakeholders.
• Demonstrated ability to manage multiple projects simultaneously and meet deadlines.
• Proficiency in project management software and financial modeling tools