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Director of Home Ownership
3 months ago
- Develop and manage Department budget.
- Supervise and support Department employees.
- Identify and evaluate sites to determine if they are suitable for home ownership development. Negotiate purchase terms and perform due diligence.
- Manage the for-sale affordable residential development process including entitlement applications, contracting with consultants, funders, contractors, title companies, government officials, and others to ensure a high standard of quality is achieved within a reasonable time and cost.
- Oversee home construction related activities. Tasks include soliciting sitework and home construction bids, selection of contractors, preparation of contracts, checking the adequacy of insurance and other contract requirements, and arranging for issuance of notices to proceed.
- Manage Department consultants and contractors to ensure high quality of deliverables and accountability.
- Monitor project close-out to ensure Notice of Completion is recorded timely and that lien releases, warranties and any other required documentation is obtained prior to final payment.
- Manage home ownership programs. Current grant-funded programs include: USDA technical assistance grant, CalHOME technical assistance grant, Housing Counseling, Income Certifications, and the Pathways Program.
- Develop and monitor budgets for project developments, programs, and for USDA 502 loans in coordination with Home Ownership Department staff.
- Obtain project financing and program funds as needed.
- Ensure that all funding requirements are met on a timely basis, including but not limited to quarterly reports for NeighborWorks Capital, NeighborWorks America, USDA, CalHome, SHOP, and RCAC.
- Review and prepare final loan and grant documents for approval.
- Provide direction to Housing Specialist regarding outreach for prospective homeowners, developing and implementing Affirmative Fair Marketing Plans, processing applications, preparing sale & loan documents, and providing housing counseling and income certifications.
- Manage the loan portfolio, mostly comprised of (but not limited to) deferred loans
- Develop and nurture relationships with lending, real estate, construction, government, and non-profit peers and other relevant community sectors.
- Collaborate with peer PSHH Directors such as the Multifamily Housing Department Director on projects involving permanent relocation of renter households who may need housing counseling and/or relocation support.
- Maintain awareness of trends and developments in the housing industry.
- Develop new programs and processes to adapt to changes in the industry and funding sources.
- Hire, manage, train and/or arrange for the training and development of direct reports.
- Visit self-help sites as needed to inspect work, evaluate progress, provide oversight of construction supervisors, and to meet with self-help homebuyer participants.
- Manage annual renewal of PSHH exempt lender status for PSHH & POF.
- Maintain insurance for self-help volunteers as required.
- Participate in NeighborWorks annual reporting.
- Participate in PSHH Department Leadership team and other organizational activities.
- Job may include some travel and evening/weekend hours for representation of PSHH at government and industry meetings and events and visiting self-help sites for reasons described.
- Other duties as assigned by the Chief Real Estate Development officer or CEO.
- Ability to speak to a variety of audiences including public bodies, industry, and community groups to seek project approvals and to promote PSHH.
- Strong communication skills and the ability to share information and ideas in writing so others will understand.
- Spanish language proficiency (verbal and written) preferred, but not required.
- Understanding of residential construction as well as the ability and willingness to learn the self-help construction process.
- Understanding of real estate development, affordable housing finance, and non-profit finance.
- Possession of leadership traits that include being analytical, strategic, solutions-oriented, and on who uses good judgment.
- Strong computer proficiency, specifically within the Microsoft Office Suite (Outlook/Excel/Word) and Adobe Acrobat.
- Passionate about connecting with and supporting PSHH residents and communities we serve.
- Ability to develop, supervise, motivate and lead teams to meet or exceed objectives.
- Ability to identify opportunities for increased efficiency and/or cost-savings by looking at the larger picture.
- Minimum five years of experience in real estate development, construction, and/or finance, preferably for a non-profit developer.
- Bachelor’s degree in a relevant field preferred.
- Commensurate, relevant experience in lieu of a higher education degree will be considered.
- Must possess a valid California driver's license and current automobile insurance.
- Ability to drive to and walk around self-help housing worksites.
