Development Director: Indianapolis, IN

TWG Development Indianapolis , IN 46218

Posted 2 months ago

JOB TITLE: Development Director

DEPARTMENT: Development

REPORTS TO: VP, Tax Credit Development

POSITION SUMMARY:

Responsible and accountable for creating new real estate opportunities (new construction and acquisitions) in an assigned territory for the company. This includes coordinating all aspects of the development and entitlement process from inception to closing and then ongoing as needed.

DUTIES AND RESPONSIBILITIES:

  • Lead the development process from inception to closing which includes, but is not limited to, site identification, contract negotiations, entitlement work, underwriting, site design, relationship building / management with development and agency partners, etc.

  • Prepare and submit financing packages including; Low-Income Housing Tax Credit, Tax Exempt Bond, HOME, CDBG, FHLB / AHP grants, and other soft financing as needed and/or rental subsidy applications.Determine geographical and financial feasibility of new real estate opportunities

  • Complete real estate analysis, including site visits, internal market studies and utility availability research

  • Coordinate third party due diligence reports

  • Perform, coordinate and / or lead pre-development work such as preliminary architectural and engineering issues, zoning issues, and local government support

  • Participate in the completion of zoning, development plan, and other required applications to municipalities

  • Calculate financial feasibility of proposed developments including initial pro forma analysis

  • Complete reports to state housing finance agencies and other funding sources as required

  • Coordinate with other departments in order to successfully deliver projects

SKILLS AND QUALIFICATIONS:

  • Bachelors Degree in Finance, Investments or related, required

  • 5-10 years experience preparing and submitting financing packages for various project types

  • Low Income Housing Tax Credit application experience

  • Excellent communication and computer skills

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Development Director: Indianapolis, IN

TWG Development