Director of Real Estate Development (Affordable Housing)
Job Description
Job Description
Description:
Position Title: Director of Real Estate Development
Organization Type: Nonprofit | Focus: Affordable Housing
Location: On-site | Relocation assistance available for qualified candidates
The organization is seeking a strategic and mission-aligned Director of Real Estate Development to lead and manage affordable housing projects from concept to completion. This position plays a critical role in advancing the organization’s mission to create and preserve high-quality, affordable housing for underserved communities. The ideal candidate will bring a strong background in real estate finance, affordable housing development, and cross-sector collaboration, along with a deep commitment to equitable community development.
About the OrganizationThe organization is a nonprofit committed to expanding access to affordable housing for low- to moderate-income individuals and families. Through advocacy, development, and partnerships, the organization works to build sustainable communities that promote dignity, stability, and long-term affordability.
Key Responsibilities- Project Management : Lead the planning, financing, construction, and delivery of affordable housing developments, including new construction and preservation projects.
- Financial Modeling & Funding : Structure and manage complex project financing using LIHTC, NMTC, HOME, CDBG, and other public/private sources.
- Site Acquisition & Feasibility : Identify, evaluate, and acquire development sites; conduct feasibility studies, due diligence, and risk assessments.
- Stakeholder Coordination : Collaborate with architects, contractors, legal teams, government agencies, and community stakeholders throughout the project lifecycle.
- Compliance & Reporting : Ensure adherence to all regulatory and funding requirements; manage project budgets, timelines, and internal documentation to maintain compliance.
- Strategic Growth : Support the organization’s long-term development strategy by identifying future opportunities and cultivating mission-aligned partnerships.
- 5–7+ years of experience in affordable housing development, real estate finance, or a related field.
- Demonstrated success managing multifamily affordable housing projects from pre-development to lease-up or stabilization.
- Strong knowledge of housing finance mechanisms such as LIHTC, tax-exempt bonds, HUD programs, and state/local resources.
- Excellent project management, analytical, and communication skills.
- A strong commitment to housing equity and community-centered development.
- Willingness to work on-site; relocation assistance is available for qualified candidates.
- Bachelor’s degree in Real Estate, Urban Planning, Architecture, Business, or a related field.
- Minimum of 8 years of experience managing affordable housing development from concept through occupancy.
- Experience working with diverse populations and underserved communities.
- Prior success in securing financing and navigating municipal processes.
- Master’s degree or relevant certifications such as HDFP (Housing Development Finance Professional) or CHDP.
- Experience in nonprofit or mission-driven real estate environments.
Ready to make an impact? Apply today.
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