Jobs · Finance

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

    Experience, Skills, and Abilities Required

    • 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)

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