Director of Housing Development (Oakland or Foster City or Watsonville)

MidPen Housing•Foster City, CA

10h•Hybrid

About The Position

At MidPen, we build communities that change lives. Since 1970, we have been committed to our mission: to provide safe, affordable housing of high quality to those in need; establish stability and opportunity in the lives of residents; and foster diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect. We develop affordable housing, provide professional property management for all our communities, and coordinate robust onsite support programs that help residents thrive. We are active in 12 Northern California counties and have earned recognition as one of the nation’s leading non-profit developers and stewards of affordable housing. Our current portfolio of more than 130 properties is home to 20,000 working families, seniors, and people with special needs. We take pride in delivering affordable housing solutions, and we invite you to join us on a journey toward social, economic, and racial equity. MidPen is, once again, proud to be certified as an official Great Place to Work® in 2025.

Requirements

Graduate or Professional degree in Urban Planning, Community Development, Architecture, or related fields with an emphasis on real estate development or an equivalent combination of education and experience.
At least seven (7) years prior development experience.
Previous work experience managing personnel required.
Thorough knowledge of Federal, State, Local, and Private sources of financing for low-income housing.
Excellent written and oral communication skills, including demonstrated skill in making effective presentations at public forums and facilitating community group discussions.
Strong negotiating skills and sound political judgment.
Excellent organizational and project management skills.
Ability to prepare in-depth financial feasibility analyses, conduct research, and prepare narrative reports and proposals.
Knowledge of real estate and tax law as it pertains to the development of low-income housing.
Proven ability to work effectively with lenders, investors, public officials, and low-income tenants.
Familiarity with standard architectural and construction practices and demonstrated ability to effectively supervise the design and construction of at least two low-income housing developments in coordination with the Construction Manager.
Proven ability to support, grow, and guide direct reports.
Strong computer skills, including Excel, Word, PowerPoint, and Project.
Ability to develop standard internal tax credit proformas and to train other staff in their use.
Ability to work in fast-moving, flexible environment.
Commitment to the goals and mission of the organization.

Responsibilities

Lead a Development Team through the development process, providing strategic advice, training, and guidance to minimize MidPen’s risk, ensure adherence to MidPen standards, and fulfillment of MidPen’s mission.
Support site identification and acquisition, including identifying sites, leading negotiations, preparing Letters of Intent, negotiating acquisition documents, and providing guidance during the land acquisition process.
Assist and support staff in completion of site feasibility analysis, including risk review of potential transactions and review of due diligence reports.
Review, refine, and modify conceptual financial analysis and critical path schedules for potential sites.
Assist team in preparation of funding applications and review/sign off on financing plans.
Support Project Manager in closing financing, including leading negotiations with lenders and investors on critical issues.
Ensure clear documentation of loan and partnership terms and accurate proformas reflecting project expenses and financing plans.
Assist Project Manager in selection of architects, design consultants, and general contractors, and negotiation of contracts.
Review and approve entitlement package submittals and guide community engagement plans.
Ensure adherence to MidPen’s standard process for preparation of project summaries and file transfers.
Represent the corporation before public bodies, network with appropriate groups, develop and maintain positive relationships, provide technical assistance to other non-profit organizations, and represent the organization at public hearings and speaking engagements.
Be available for advice, meetings, and consultations.
Review work of team members weekly, including budget and schedule, and troubleshoot problems.
Conduct formal group trainings as requested.
Work with Senior Vice President(s) of Housing Development to develop systems and written procedures for the department.
Participate actively as a member of the Development Department’s Leadership Team.
Support team in coordination with all internal stakeholder departments, ensuring adherence to established internal protocols.
Ensure that the building program, financing plan, and operating budget/reserves meet MidPen standards.
Ensure that project budgets and critical path schedules are updated regularly and accurately.
Communicate schedule and budget changes in a timely manner.
Ensure team adheres to established procedures and requirements for reporting to MidPen’s Board of Directors and Development Committee.
Ensure team adheres to MidPen’s Development Guidelines and Real Estate Investment Guidelines.
Performs other assignments as requested.