Director, Real Estate Development - SoCal (7110-RED)Hybrid Remote Position

EAH Housing•Burbank, CA

27d•$125,000 - $172,500•Hybrid

About The Position

EAH Housing is hiring a full-time Real Estate Development Director for its corporate office in Burbank, California. The position is hybrid remote and is responsible for affordable housing real estate development and project management across an assigned geographic area, under the direction of the Vice President for Real Estate Development. The role manages multi-million-dollar rental housing and other real estate development projects, supports EAH Housing’s mission, and builds relationships with community organizations and government entities. The Director is accountable for closing a specified number of projects on approved timelines and within board-approved budgets, managing projects through predevelopment, development, initial or construction closing, construction, and final closing. The position leads regional development activity, including new construction and refinancing or rehabilitation of existing properties, and oversees project managers working in the assigned area. It develops and implements the regional real estate development business plan; evaluates and underwrites housing opportunities; identifies financing sources and capital structures; and coordinates project approvals, environmental reviews, design, construction, and closing requirements. Housing types may include senior, workforce multifamily, veterans, and special-needs housing, as affordable, market-rate, or mixed-income projects, including possible joint ventures. The role also contributes to business development, staff hiring and development, and organizational advocacy. It collaborates with EAH teams and external partners to deliver financially and operationally successful projects. The position calls for initiative, accountability, and the ability to work congenially with a wide range of individuals and organizations. EAH Housing is a nonprofit housing development and management organization established in 1968. It develops low-income multifamily housing and manages more than 222 properties in California and Hawai‘i. The organization reports a staff of 700 serving 25,000 residents in 87 municipalities.

Requirements

Master’s degree in architecture, real estate development, business, finance, planning, or construction management; a degree in another field may be acceptable when combined with appropriate work experience.
At least 5 years of related work or field experience in affordable housing development, such as residential architecture, finance, planning, or construction.
Ability to manage affordable housing development and project management activities across an assigned geographic area.
Ability to work congenially with a wide variety of individuals, community-based organizations, and governmental entities.
Satisfactory completion of the required criminal background check and any applicable fingerprinting requirements.
Satisfactory completion of drug testing within 72 hours of accepting a conditional job offer.
Education and employment history are subject to verification.

Responsibilities

Manage development activity in the assigned geographic area, including new construction and refinancing or rehabilitation of existing properties; oversee project managers and provide status reports to the executive team when requested.
Develop, execute, and implement the regional Real Estate Development Business Plan by evaluating, developing, and underwriting housing opportunities and researching and recommending public and private financing sources and capital structures.
Conduct preliminary feasibility analyses and organize community support.
Research and secure predevelopment, construction, and permanent financing from public and private sources.
Work with public agency staff to support timely public review and approval, including environmental and entitlement reviews; coordinate environmental review and local and state agency reviews; and make public presentations at external project and policy meetings.
Assist the Vice President of Real Estate Development with hiring and orienting development staff.
Assist the business development team with RFQ and RFP responses in the assigned area and help determine development business terms and financial assumptions.
Identify and negotiate contracts with project development team members, including contractors, engineers, and architects.
Collaborate with business development, project management, finance, real estate management, asset management, operations, resident services, and compliance teams to develop financially and operationally successful projects.
Ensure project architects analyze plans and specifications for compliance with EAH design standards, including ADA, Fair Housing, and Section 504 requirements.
Ensure general contractors execute plans and specifications in compliance with budgets, construction contracts, and project objectives.
Oversee architect review and recommend approval of change orders.
Hire, train, supervise, motivate, and develop staff; ensure compliance with organizational policies, procedures, and government regulations; promote and recognize performance; and ensure timely, effective performance appraisals.
Oversee final closing requirements imposed by tax credit agencies and private funding providers, including delivery of cost certifications, 8609s, and K-1 schedules.
Represent and advocate for EAH locally and at the state level by participating in affordable housing associations and developing relationships with housing finance agencies and state and local agencies.
Participate in EAH’s Injury and Illness Prevention Plan and mandatory training; maintain regular and predictable attendance.
Perform other duties as assigned.

Benefits

Medical insurance
Dental insurance
Vision insurance
Disability insurance
Life insurance
403(b) retirement plan with up to a 5% employer match
15 days of vacation per year, increasing with years of service
10 paid sick days per year
13 paid holidays
Flexible start times for REM onsite positions
Work schedule flexibility
Employee Wellness Program
Flexible Spending Account
Employee Assistance Program providing mental health, financial, and legal services
$1,500 employee referral program
EAH University in-house training program
Professional development and extensive training programs