Director of Development - Affordable Housing
Harmony Housing Affordable Development · North Carolina, United States · 4 days ago
RemoteRemoteFinanceFull-time
Primary Duties and Responsibilities
- Manage the full development lifecycle for multiple projects, ensuring all milestones are met
- Oversee project schedules, funding applications, and entitlement processes
- Facilitate and document all development-phase meetings effectively
- Negotiate purchase and sale agreements, development agreements, and other legal documentation
- Identify, secure, and coordinate capital sources, including federal funding, LIHTC, and USDA programs
- Ensure compliance with financing and regulatory requirements
- Represent the organization in meetings with local and state government officials, planning commissions, and community stakeholders
- Build strong relationships with governmental agencies, capital providers, and external partners
- Lead community engagement efforts, including public meetings and hearings
- Design & Construction Integration
- Collaborate with internal construction teams and external designers to ensure project goals are met
- Manage risk assessment and implement mitigation strategies throughout the development process
- Team Leadership & Collaboration
- Lead and coordinate a development team, fostering a culture of accountability and results-driven performance
- Work closely with internal teams across construction, finance, and accounting, ensuring seamless project execution
- Report on project progress to executive leadership and key stakeholders
- Bachelor’s degree in business, real estate, finance, urban planning, or a related field; a Master’s degree is a plus
- Minimum of 7+ years of progressive professional experience in affordable housing development, real estate investment, or a related field
- Management of existing relationships with developers, owners, management agents, and brokers throughout the designated region
- Experience reviewing relative property documents (operating statements, rent rolls, audits, loan documents, etc.); ability to process information including gathering, assessing, organizing, auditing, and verifying data
- Strong knowledge of affordable housing mechanisms (e.g., programs such as LIHTC and tax-exempt bond financing, FHA mortgage insurance programs, as well as Agency debt products (Fannie, Freddie, USDA), and familiarity with other affordable housing funding programs and compliance regulations
- Proven ability to lead complex projects from inception through completion
- Demonstrated excellent analytical, problem-solving, and decision-making skills with varying amounts of available information
- Strong knowledge of resourcefulness, flexibility, and the ability to react and respond quickly towards positive outcomes
- Strong personal standards and values consistent with HHAD’s core values (entrepreneurial, integrity, caring, and excellence)