National Church Residences · 12 hours ago
Senior Director, Affordable Housing Development - Atlanta
National Church Residences is seeking a Senior Director of Affordable Housing Development to lead and expand their Senior Affordable Housing development pipeline in Georgia, focusing primarily on the Atlanta market. This role involves strategic and operational leadership throughout the development lifecycle, including deal sourcing, underwriting, financing, and closing, while also managing a small development team and building partnerships in the community.
Elder CareHealth CareNursing and Residential Care
Responsibilities
Source, evaluate, and advance 2–5 senior affordable housing development opportunities annually
Lead projects from concept through LIHTC application, entitlements, financing, and closing
Successfully close a minimum of two LIHTC transactions per year (9% or 4%), acquisitions, refinances, or other revenue-generating transactions
Prepare and manage financial underwriting, budgets, and pro forma models through board approval
Create, analyze, and negotiate deal summaries, purchase & sale agreements, and key transaction documents
Oversee zoning, entitlement, and approval processes with municipal and state agencies
Manage third-party consultants (architects, engineers, market analysts, attorneys, etc.)
Partner with Pre-Construction to guide design development, construction estimating, and cost-benefit analysis
Track and manage project milestones using Smartsheet and other project management tools
Participate in internal investment committee and strategic planning processes
Build and maintain strong relationships with: Affordable housing owners and developers, Government agencies and housing authorities, Brokers, lenders, investors, and municipal stakeholders
Represent National Church Residences in community meetings, public hearings, and stakeholder presentations
Identify off-market and strategic development opportunities
Strengthen the organization’s presence and reputation in Georgia’s affordable housing market
Qualification
Required
7+ years of experience in affordable housing or multifamily real estate development
Demonstrated LIHTC experience (9% and/or 4%)
Direct people management experience
Strong knowledge of: Affordable housing finance and underwriting
Strong knowledge of: Entitlement and zoning processes
Strong knowledge of: Budgeting and construction cost analysis
Proven ability to create and negotiate deal terms
Proficiency in Excel, Microsoft Office, and Smartsheet
Strategic thinker with strong execution skills
Excellent written, verbal, and interpersonal communication skills
Ability to manage multiple projects simultaneously with limited oversight
Must live in Georgia and be able to travel up to 20%
Preferred
Master's degree in Real Estate, Finance, Urban Planning, Business, or related field
Experience with Cost-Plus / CM at Risk contractor procurement
Background working with cross-functional teams (design, construction, finance, legal)
Benefits
Medical & Rx – 3 plan options to fit your budget; choose from coverage offered through a Nationwide network for you and your family
Complimented with a Healthcare Flexible Spending Account or Employer funded Health Savings Account
Includes Fertility & Family Building Support, Weight Management, and Chronic Condition Support
Parental Leave paid at 100% for four weeks
Dental & Vision coverage for you and your family with Nationwide providers
Company provided Life & ADD insurance and Disability coverage
Voluntary benefits such as Life & ADD for you and your family, Accident Insurance, Hospital Indemnity, Critical Illness, and Pet Coverage
Flexible Spending Accounts for Dependent Care (with company match) and Transportation & Parking
Well-being Programs including an enhanced EAP with mental health and work-life support, tobacco cessation, and Well-Being Your Way which offers up to $1000/year in rewards & reimbursements!
3-4-5 Retirement Program offering immediate company funding at 3%, increasing up to 5% over time and an additional company match up to 5% when you contribute your own funds!
Reimbursement for Tuition expenses
Paid Time Off (PTO) and 9 paid Holidays
Company
National Church Residences
National Church Residences provides an array of housing & health care services for seniors with a focus on enabling them to remain at home.
Funding
Current Stage
Late StageTotal Funding
$4.5MKey Investors
Community Development Financial Institutions Fund
2024-10-23Grant· $4.5M
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