Senior Development Director

Volunteers of America National Services (VOANS)•Alexandria, VA

2d•$162,000 - $172,000•Hybrid

About The Position

Volunteers of America National Services (VOANS) is seeking a Senior Development Director, Affordable Housing. The role leads deal teams and manages affordable housing development from inception through permanent loan conversion, 8609s, and handoff to asset management. The work includes financial analysis, due diligence, policy research, site selection, entitlements, and oversight of the development team and process. The position helps determine geographic strategy and development opportunities in collaboration with regional leadership and VOA affiliates. It builds stakeholder relationships, researches funding and policy, sources sites, leads consultants and financial applications, and oversees construction, funding draws, and transition from development to operations. The position is hybrid, with a Monday–Friday schedule from 9:00 AM to 5:00 PM and occasional weekends. The salary range is $162,000–$172,000, based on experience.

Requirements

Bachelor’s degree required.
At least eight years of related experience and/or training, or an equivalent combination of education and experience, in affordable housing real estate development and housing finance.
Excellent project management skills and experience.

Nice To Haves

Graduate degree preferred.
Experience leading project teams and closing at least two LIHTC transactions preferred.

Responsibilities

Work with the Regional VP, Real Estate Development - MidAtlantic and others to determine strategic direction in geographic target areas and identify specific opportunities.
Work with VOA Affiliates to understand their strategic focus and how VOANS housing development can help meet their goals.
Develop and maintain strategic relationships with elected officials, brokers, developers, property owners, city staff, and other stakeholders.
Research affordable housing policy and local funding sources.
Track market trends, comparable properties, the competitive landscape, and local affordable housing dynamics.
Source land opportunities, recommend development sites, and negotiate Letters of Intent and Purchase & Sale Agreements with brokers and owners.
Lead internal teams and outside consultants, including architects, engineers, environmental consultants, and market analysts, through due diligence, design, and permitting.
Perform financial analysis using Microsoft Excel.
Lead rezoning efforts to obtain entitlements where necessary.
Lead and complete financial applications for tax credits, tax-exempt bonds, project-based vouchers, CDBG funds, PILOTs or tax exemptions, local soft funds, and other sources.
Lead responses to RFPs and RFQs.
Manage construction with the Construction Manager, In-House Architect, or Owner’s Representative, directing the architect and contractor during construction and the warranty period.
Oversee construction loan, equity, and soft funding partner draws in conjunction with the accounting team.
Guide and facilitate the transition from development to operations for interdepartmental teams, including property management, accounting, asset management, and local affiliate staff.