Housing Developer II

Housing Developer II -

The Housing Developer II (HDII) works with a team to develop multiple affordable housing projects. Under general supervision of a VP of Development, the HDII's work includes feasibility, pre-development review, and arranging financing from public and private sources for all phases of the development. Projects include both new and rehabilitated housing. The HDII position is responsible for supporting all aspects of project development from planning to closeout. The scope of this position's responsibility may include the following: assessment of community needs; identification and acquisition of appropriate sites; formulation of feasible housing proposals, including development and operating budgets and project schedules; assisting in conducting community notification; preparation and review of funding applications; and coordination of internal members of the project development teams and external consultants.

ESSENTIAL JOB FUNCTIONS

Feasibility Analysis

• Researches and develops information required for project concept development;

• Researches and develops realistic project capital and operating budgets;

• Provides research and due diligence on funding sources and site acquisition.

• Underwrites and analyzes project financing including construction loans, permanent debt, tax-exempt bonds and Low-Income Housing Tax Credits.

Funding Sources

• Maintains open and positive relationships with, public funders, investors and financial institutions;

• Works with sponsors to understand loan, contract and other documents;

• Identifies appropriate funding and subsidy sources for each development project;

• Prepares clear and effective private and public funding applications;

• Negotiates funding documents with various funding sources and private investors.

Project Management

• Manages acquisition of properties from purchase and sale agreement to closing and escrow;

• Manages design process with clients and architects including securing all land use and building permits;

• Participates in construction contracting and pricing/bidding process with help from construction manager;

• Processes and maintains accurate and functional filing system for all construction process documents including draws, change orders, meeting minutes, etc.;

• Participates in regular construction meetings, ensures flow of communication throughout construction process, and facilitates draws from public and private sources of financing;

External and Internal Development

• Independently manage and maintain positive relationships with external partners, consultants, and clients;

• Represent HumanGood at industry events and on external committees and boards.

MINIMUM REQUIREMENTS

• BA or graduate degree in finance, public administration, business, or related field; demonstrated successful experience (2 years) in multi-family affordable housing development may be substituted;

• Demonstrated ability working as a team member;

• Proficient in MS Word and Excel;

• Excellent oral and written communications skills;

• Experience working in diverse groups;

• Commitment to the mission and goals of the organization.

Certificates, Licenses, Registrations - Valid PA Driver's License and willingness to travel;

SALARY AND BENEFITS

Salary range: 80k-100k

Location: Employee will be based on our Lafayette Hill office; some travel required; hybrid work environment expected

HumanGood offers competitive pay and phenomenal benefits. Eligible positions (30+ hours/week) start with 20 paid days off, plus seven holidays, a company-matching 401(k) and health plans that give you cash to use for those unexpected health issues. We also offer a Tuition Reimbursement to promote your career advancement.

For more information, go to: HGcareers.org

What's in it for you?

As the largest nonprofit owner/operator of senior living communities in California and one of the largest in the country, we are more than just a place to work. We are here to ensure that all we serve are provided with every opportunity to become their best selves as they define it, and this begins with YOU.

HumanGood offers competitive pay and phenomenal benefits. Eligible positions (30+ hours/week) start with 20 paid days off, plus seven holidays, a company-matching 401(k) and health plans that give you cash to use for those unexpected health issues. We provide healthcare benefits for our part-time and per diem team members! We also offer a Tuition Reimbursement to promote your career advancement. You can view more information about our total rewards at HGcareers.org.

Come see what HumanGood has to offer!