Housing Director Jobs

About The Position

Requirements

• Graduate or professional degree in Urban Planning, Community Development, Architecture, or a related field emphasizing real estate development, or an equivalent combination of education and experience.
• At least seven years of prior development experience.
• Previous experience managing personnel.
• Thorough knowledge of federal, state, local, and private financing sources for low-income housing, including real estate and tax law related to affordable housing development.
• Excellent written and oral communication, presentation, negotiation, and political judgment skills, including the ability to facilitate community discussions and build relationships with lenders, investors, public officials, and low-income tenants.
• Strong organizational, project management, research, and financial analysis skills, including the ability to prepare feasibility analyses, narrative reports, proposals, and standard internal tax credit pro formas.
• Familiarity with architectural and construction practices and demonstrated ability to oversee the design and construction of at least two low-income housing developments in coordination with the Construction Manager.
• Ability to lead, develop, and guide direct reports and train staff.
• Ability to use Microsoft Excel, Word, PowerPoint, and Project.
• Ability to adapt to a fast-moving, flexible environment and support the organization’s mission.
• Ability to perform the physical requirements described: constantly perform desk-based computer tasks; frequently sit; occasionally stand or walk, reach or work above shoulders, grasp lightly or forcefully, use a telephone, sort or file paperwork or parts, and lift, carry, push, or pull objects weighing up to 15 pounds; rarely twist, bend, stoop, squat, kneel, or crawl.

Responsibilities

• Hire, train, and supervise personnel; establish expectations and accountability; support staff development through coaching and delegation; and promote teamwork and timely achievement of assignments and goals.
• Demonstrate leadership beyond the Transactions Team and use internal and external relationships to remove barriers, improve efficiency, and enhance staff experience.
• Develop and maintain short- and long-term portfolio recapitalization plans, including refinancing, resyndication, capital improvements funded by public loans and grants, and energy upgrades.
• Evaluate potential projects and financing sources, monitor RFPs and NOFAs, and recommend opportunities for project pipelines.
• Assess proposed projects’ effects on cash flow, compliance, rents, and long-term capital needs, and provide recommendations for approval.
• Supervise funding application preparation and approve financing plans for compliance with MidPen underwriting standards.
• Lead or support financing closings and lender and investor negotiations; ensure loan terms are documented through MidPen’s Term Sheet process; and verify underwriting and budgets accurately reflect sources, uses, and pro forma changes.
• Collaborate with Project Managers to maintain and refine critical path schedules and achieve key milestones.
• Oversee property rehabilitation budgets, cost tracking, and schedules, and ensure capital projects comply with MidPen building guidelines and contribute to their ongoing development.
• Work with internal teams and external experts to determine the highest and best use of available funds and establish project scopes and budgets.
• Partner with Construction Management to ensure capital improvements are completed on time, within budget, and in accordance with contracts and project plans.
• Oversee design, permitting, contractor and consultant negotiations, and collection and documentation of warranties and operations and maintenance manuals.
• Represent MidPen before public bodies, at public hearings, and in speaking engagements; maintain positive stakeholder relationships; network with relevant organizations and individuals; and provide technical assistance to other nonprofits as appropriate.
• Coordinate with internal stakeholders, including Property Management and Services, and ensure adherence to cross-departmental collaboration protocols.
• Ensure building programs, financing plans, operating budgets, reserves, project budgets, and critical path schedules meet MidPen standards and are accurate, regularly updated, and communicated promptly when changed.
• Ensure compliance with MidPen’s Development Guidelines, Real Estate Investment Guidelines, and Board of Directors and Development Committee reporting requirements, including monthly board memos and project summary reports.
• Perform other assignments as requested.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• 403(b) retirement investment
• Employee education reimbursement program
• Paid parental leave
• Flexible spending account for childcare, medical, and commuter benefits
• Employee assistance program
• Pet insurance
• Paid time off
• Company holidays
• Wellness days