Director of Affordable Housing Operations
3 weeks ago
We are seeking an experienced professional to join our team as **Vice President of Real Estate Development**. This role will involve leading the coordination and execution of affordable housing construction, rehabilitation, and capital projects.
Estimated Salary: $120,000 - $150,000 per year, depending on experience.
Responsibilities:
- Identify new construction opportunities and potential acquisitions, rehabilitation of affordable housing properties.
- Oversee properties while maintaining revenue at or above projected budgets, address tenant issues, and provide written monthly accounts of costs incurred.
- Deal courteously and communicate effectively with various individuals, including property owners, contractors, architects, engineers, and utility companies.
- Prepare and deliver effective presentations in meetings with governmental agencies, community groups, and businesses.
- Compile all necessary information for government agencies, including OHFA, FHLB, HUD, and RD, for property acquisitions, LIHTC applications, and ongoing compliance of existing projects.
- Ensure all safety policies and practices are followed, including permits, inspections, and certifications for occupancy.
Requirements:
- Minimum 5 years of experience in affordable housing development, including acquisition, design, and financial structuring of multi-family housing.
- Specific knowledge, experience, and connections with LIHTC, OHFA, and HUD, including development standards, financing requirements, and compliance reporting.
- Demonstrated ability to work on multiple projects and partners simultaneously and see projects through from start to finish.
- Ability to host and attend meetings in person and virtually and work collaboratively.
About Our Company:
Finance Fund is a leading organization in affordable housing development, construction, and maintenance. We are committed to creating sustainable, quality housing solutions for low-income communities through the Low-Income Housing Tax Credit (LIHTC) program and other non-LIHTC subsidy programs.
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