Volunteers of America National Services (VOANS) · 15 hours ago
Senior Development Director, Affordable Housing
Denver, CO
Full-time
Onsite
Director/Executive
$150K/yr - $160K/yr
8+ years expVolunteers of America National Services (VOANS) is a national non-profit and one of the largest owners and developers of affordable housing nationwide. The Senior Development Director will lead the development and renovation of affordable housing projects, focusing on financial analysis, due diligence, and overall management of the development process.
Non-profit Organization Management
Responsibilities
Work with the VP, Real Estate development and others to determine the strategic direction in geographic target areas and specific opportunities within those areas
Work with VOA affiliates in geographic areas to determine their strategic areas of focus and how VOANS housing development can assist them in meeting their goals
Develop and maintain strategic relationships with elected officials, brokers, other developers, property owners, city staff, and other key stakeholders
Look for partnership opportunities with other developers/housing authorities when strategically beneficial and respond to RFPs and RFQs
Source land opportunities, recommend sites for development, and negotiate Letters of Intent/Purchase & Sale Agreements with brokers/owners
Research affordable housing policy and local funding sources for opportunities
Track market trends, comparable properties, competitive landscape, and other affordable local housing dynamics
Lead the internal team and outside consultants including architect, engineer, environment, market analyst, and other consultants to complete due diligence, design, and permitting
Perform financial analysis using Microsoft Excel
Lead efforts to obtain entitlements and zoning where necessary
Lead and complete financial applications for various funding sources including tax credits, tax exempt bonds, project-based vouchers, CDBG funds, tax exemptions, local soft funds, and other sources
Engage and direct legal counsel (internal and external) in the formation of new entities, closing documents, board resolutions, and other documents
Manage equity and debt relationships with external partners
Prepare DRC/RELC/VOANS Board committee applications and present them to internal committees for review and approval
Lead application and closing processes including equity, debt, soft funds, and due diligence closing checklists through closing
Supervise the general contractor, in conjunction with the construction manager or owner’s representative, through construction completion and the warranty period
Oversee construction loan, equity, and soft funding partner draws in conjunction with the accounting team
Provide direction and guidance and facilitate the transition from development to operations with housing management, accounting, asset management, and local affiliate staff, among others
Organize and execute groundbreaking and grand opening ceremonies
Work with accounting, asset management, and compliance to ensure that all funding compliance requirements are completed on time
Complete permanent loan conversion and 8609 submissions
Qualification
Required
Bachelor's degree required with a graduate degree preferred
Excellent project management, organizational, and relationship skills
At least 8 years' related experience/education or equivalent combination of education and experience in affordable housing finance and real estate development
Excellent verbal, written, presentation and public speaking skills
Ability to work independently, keep flexible hours and to travel 15% of the time
Preferred
Experience of having led project teams and closed at least two LIHTC transactions preferred
Benefits
403(b) Retirement Plan
Pension Plan
Paid Time Off (vacation, holiday & sick days)
Quality training, continuing career education, scholarship opportunities, and leadership programs
Employee Discount Program (car rental, wireless carriers, travel, etc.)
Company
Volunteers of America National Services (VOANS)
Volunteers of America National Services serves at the Housing and Healthcare affiliate of the Volunteers of America parent organization.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
David Nisivoccia
Executive Vice President and Chief Operating Officer
Lindsey O'Connell
Talent Acquisition Partner
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