Real Estate Development Director

6 days ago


Decatur, Illinois, United States DECATUR HOUSING AUTHORITY Full time
About This Role

We are seeking an experienced Real Estate Development Director to join our team at the Decatur Housing Authority. In this critical role, you will be responsible for spearheading real estate development initiatives and ensuring the timely and accurate preparation of financing applications.

As a seasoned professional in the field, you will leverage your knowledge of federal, state, and local funding programs to drive growth and expansion of affordable housing opportunities within the City of Decatur.

Key Responsibilities
  • Develop and analyze development and operations budgets and pro forma for multi-family developments, preferably affordable housing.
  • Leverage expertise in Low Income Housing Tax Credit (LIHTC) development, including record of successful funding awards, to secure funding and partnerships.
  • Negotiate contracts and review legal documentation with assistance from Executive Director and legal counsel.
  • Cultivate relationships with equity investors, construction lenders, management companies, and DCA officials to enhance community partnerships and drive growth.
About Us

The Decatur Housing Authority is committed to creating vibrant and healthy communities through the revitalization of substandard housing and improving facilities in the downtown area.

We strive to provide high-quality affordable housing options that cater to the needs of low-income households, while promoting economic development and community engagement.

Requirements

To succeed in this role, you will need:

  • Graduation from an accredited college or university with course work in real estate, planning, finance, business administration, or related fields.
  • At least five years of progressively responsible experience in real estate development.
  • Substantial experience with LIHTC properties and related compliance oversight.
What We Offer

In return for your expertise and dedication, we offer a competitive salary range of $80,000-$110,000 per annum, commensurate with experience.

A challenging and rewarding role that allows you to make a meaningful impact on the lives of individuals and families in our community.



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