Affordable Housing Division Director
4 days ago
As the CEO for a multifamily real estate developer based in West Los Angeles, this role will be integral to the successful execution of creating an affordable housing branch, ensuring the pursuit of new affordable housing opportunities and creating those properties.
Key Responsibilities:
- Develop and execute the strategic plan for the affordable housing division, ensuring sustainable growth and alignment with the company's long-term goals.
- Identify and pursue new affordable housing development opportunities, including land acquisitions, partnerships, and funding sources such as tax credits, grants, and public-private partnerships.
- Oversee the day-to-day operations of the affordable housing division, including project management, financial performance, budgeting, and staffing.
- Ensure all affordable housing projects meet federal, state, and local regulations, including Low-Income Housing Tax Credit (LIHTC) program compliance and other regulatory frameworks.
- Cultivate relationships with local government agencies, housing authorities, community organizations, and other stakeholders to facilitate development approvals and secure funding.
- Manage financial planning, including securing financing, managing budgets, and monitoring project profitability.
- Recruit, develop, and lead a high-performing team to execute affordable housing projects efficiently and with a focus on quality and compliance.
- Stay informed on market trends, housing policies, and industry best practices to drive innovation and adaptability within the division.
Requirements:
- Minimum of 10 years of experience in affordable housing development, including leadership roles.
- In-depth knowledge of affordable housing finance mechanisms, including LIHTC, tax-exempt bonds, and HUD programs.
- Proven track record in leading teams, managing complex projects, and driving organizational success.
- Bachelor's degree in real estate, urban planning, business administration, or a related field.
- Established relationships with key stakeholders in the affordable housing industry, including government agencies, nonprofit organizations, and private-sector partners.
Michael Page is an equal opportunities employer and welcomes applications from all qualified candidates.
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