Assistant Development Manager
5 days ago
If you are an Assistant Development Manager with affordable housing/multifamily experience, please read on
Top Reasons to Work with Us
We are a leader in the development of affordable housing throughout California. We are looking for an Assistant Development Manager to join our team.
What You Will Be Doing
- Managing, coordinating, and completing the identification, entitlement, development, design, financing (including the obtaining and maintenance of tax credits), syndication, construction, lease-up, stabilization, conversion to permanent financing, and regulatory compliance for assigned projects
- Overseeing the modifications to and progression of the project pro forma in coordination with finance team to analyze possible funding scenarios and to address changes in project sources, uses, operating income and expenses, and other financial assumptions
- Developing and fostering effective relationships internally and externally, including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, construction managers, government liaisons, etc.); leverage relationships while seeking public and private funding sources that enable the team to creatively obtain gap financing
- Facilitating community and public agency support and approval of project plan
- Prepare project-related budgets and schedules, cash flow projections, deal memorandums, financial forecasts and strategic plans
- Managing the due diligence and closing process for complex mixed-finance deals with multiple lenders and governmental stakeholders while creating and executing strategies to prevent conflicts between funding sources
- Ensuring that proposals, applications, and closings meet LIHTC regulations, industry standards and internal deal standards
- Managing the design process to ensure compliance/approval by respective City, State and Federal agencies while developing and implementing solutions if any compliance or approval-related issues arise during construction and property operations
- Understanding and assist in managing incorporation of the general contractor specifications into construction drawings
- Manage preparation and presentation of recurring Project Management Reports including all critical components of a project
- Analyzing funding and development legislation, regulations, policies, and market to determine applicability to projects and compatibility with other program requirements
- Overseeing the management, preparation and presentation of Investment Committee memos/meetings to senior leadership to achieve funding
- Supervising the financing application team and oversee application completion while coordinating with responsible parties.
- Overseeing and managing the lease-up process in conjunction with the Asset Management and Property Management team
- Managing, leading, and mentoring assigned project team members, complete related performance evaluations, and facilitate professional growth and development
- Identifying new, potential affordable housing projects. Take the lead on hand off to the Acquisitions team
What You Need for this Position
- 2+ years of experience in affordable housing/multifamily development
- Bachelor's Degree
What's In It for You
- Competitive salary (DOE)
- Bonuses
- Medical/Dental/Vision
- Disability and life insurance
- 401k and match
- PTO
- other perks
So, if you are an Assistant Development Manager with experience, please apply today
Email Your Resume In Word To
Looking forward to receiving your resume through our website and going over the position with you. Clicking apply is the best way to apply, but you may also:
- Please do NOT change the email subject line in any way. You must keep the JobID: linkedin : CH in the email subject line for your application to be considered.***
Chris Hansen - Executive Recruiter
For this position, you must be currently authorized to work in the United States without the need for sponsorship for a non-immigrant visa.
CyberCoders will consider for Employment in the City of Los Angeles qualified Applicants with Criminal Histories in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring (Ban the Box) Ordinance.
This job was first posted by CyberCoders on 10/02/2025 and applications will be accepted on an ongoing basis until the position is filled or closed.
CyberCoders is proud to be an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, sexual orientation, gender identity or expression, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, status as a crime victim, disability, protected veteran status, or any other characteristic protected by law. CyberCoders will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable state and local law, including but not limited to the Los Angeles County Fair Chance Ordinance, the San Francisco Fair Chance Ordinance, and the California Fair Chance Act. CyberCoders is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. Individuals needing special assistance or an accommodation while seeking employment can contact a member of our Human Resources team at to make arrangements.
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