Real Estate Development Officer

Avesta HousingPortland, ME
$80,000 - $90,000Onsite

About The Position

Are you driven by the opportunity to turn complex ideas into real homes that strengthen communities? Do you thrive at the intersection of finance, planning, and partnership—bringing affordable housing developments from concept to completion? Avesta Housing is seeking a motivated and detail-oriented Development Officer to help expand and preserve high-quality, affordable multifamily housing across Maine and New Hampshire. In this critical role, you’ll lead development projects from early site feasibility through financing, design, construction, and transition to operations. You’ll collaborate with internal teams and external partners, manage budgets and timelines, and navigate public approvals and complex financing structures to deliver successful outcomes. Every project you advance will directly support Avesta’s mission to improve lives by creating safe, stable, and affordable homes for people in need. This role is a great fit if you: Enjoy managing multifaceted projects from vision to reality Bring strong skills in real estate finance, underwriting, and problem-solving Thrive in a collaborative environment with multiple stakeholders Want your work to have a lasting, tangible impact on communities About Avesta Housing Avesta Housing is a local leader in housing development, property management, and assisted living solutions. Founded in 1972, our nonprofit organization serves individuals and families in need of quality affordable housing in Maine and New Hampshire. What it’s Like to Work Here Our team members have positive attitudes, are creative problem-solvers, and share a dedication to housing equity and inclusion for all. Our shared commitment to improving the lives of others and strengthening our communities through affordable housing gives us purpose and inspires our best work. Our workplace culture and continuous opportunities for growth have resulted in Avesta Housing being a popular place to work. Our employees selected Avesta Housing as a 2025 Best Places to Work in Maine because of our opportunities for career advancement, friendly workplace culture, impressive benefits and compensation, responsive managers, and company values! What We're Looking For The person who is ready for this opportunity will meet the following requirements: Strong project management and financial underwriting skills Well-organized Creative and proactive problem-solver Good communication skills, including public comment and presentations Excellent analytical skills Ability to work under pressure and meet tight deadlines

Requirements

  • Bachelor’s Degree required; Master’s Degree in real estate, urban planning, finance, business, or a related field preferred.
  • Thorough knowledge of multifamily housing finance including proficiency with pro formas.
  • Thorough knowledge of the real estate development process and relevant regulations, including land acquisition, municipal approvals, zoning, environmental review, design, and construction.
  • Demonstrated ability to execute successful real estate development projects, manage multiple work streams simultaneously, and operate with a high degree of independence.
  • At least 3 years of financial underwriting, project management, real estate development, or other relevant experience.
  • Experience with LIHTC, HUD, RD, State housing finance agencies or other housing finance entities

Benefits

  • Employer-paid health and dental plans for employees;
  • Flexible spending and dependent care accounts;
  • 401(k) retirement savings plan with immediate vested match of up to 6%;
  • Employer-paid basic life, long-term and short-term disability;
  • Free wellness services for benefits-eligible employees and their dependents;
  • 13 paid holidays;
  • Generous earned time, starting with 22 days in first year of employment;
  • Professional development assistance;
  • Employee referral bonus program; and
  • Tuition reimbursement
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