CHIEF HOUSING DEVELOPMENT OFFICER

Company: Housing Benefits
Location: Manchester
Posted on: November 18, 2024

Job Description:

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At Families in Transition, we're on a mission to Prevent and Break the Cycle of Homelessness. Our mission moves us to empower people and we do that by providing dignified housing, by delivering comprehensive and innovative solutions, by developing collaborative relationships with our clients and partners, and by creating opportunities for donors and volunteers committed to making a difference where they live and work. Families in Transition is currently looking for a Chief Housing Development Officer to join our team!
Job Summary:
The Chief Housing Development Officer works to develop affordable housing and community development projects. This position works with minimal supervision in the areas of development of new project proposals, feasibility, pre-development review, project construction/rehabilitation management and public and private financing for new and rehabilitated housing for low-income households. This position is responsible for supporting all aspects of project development from planning to closeout. This position may also be the lead in assessment of community needs, identification and acquisition of appropriate sites, formulation of feasible housing proposals, including development and operating budgets and project schedules, assisting the sponsor in conducting community notification, preparation and review of funding applications and coordination of internal members of the project development teams and external consultants.
Essential Functions:

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• Serve as the leader of Families in Transition's housing development projects and serves as the Executive Director of Housing Benefits, Inc. (the development arm of Families in Transition).
  
• Define project concepts to meet housing needs and carry out our organizations' mission.
  
• Locate, analyze sites, and obtain site control; including space analysis & possible development of current portfolio of housing.
  
• Assess the feasibility of project development and operation.
  
• Conduct research on housing needs and market conditions for specific projects.
  
• Research and obtain financing for projects including grants, loans, tax credits and other subsidies. Prepare funding applications, negotiate financing agreements, and lead real estate closings.
  
• Assemble and manage development teams (architects, contractors, attorneys, construction managers and other consultants).
  
• Obtain bid for professional services, enter into contracts, and supervise the performance of project partners such as general contractors, architects, surveyors, Geotech, soils engineers etc.
  
• Work with social service providers and other community resources to develop appropriate support service agreements for each housing project.
  
• Manage community input and land use review processes.
  
• Oversee the construction management process including preparation of requisitions and draw requests, collaborating with finance department and accounting firms regarding cost certifications, and leading project closeout.
  
• Produce reports required by funders and investors.
  
• Coordinate transition of completed projects to Property Management & Facilities teams.
  
• Work with organizational partners, board members and other team members as needed on project details.
  
• Establish and maintain records of all activities following all compliance requirements for funders, local and state requirements, etc.
  
• Other duties and responsibilities as assigned.
  
  Benefits:
  

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• Generous PTO policy, accrual beginning on date of hire
  
• 9 paid holidays
  
• Medical insurance
  
• Dental Insurance
  
• Vision Insurance
  
• Employer paid Life and Disability Insurance
  
• 401k plan
  
• Employee assistance program (EAP)
  
• Verizon wireless cell phone discount
  
• Working Advantage/ Tickets at Work benefit program
  
• 30% employee discount at Outfitters Thrift Store
  
  *Families In Transition is equal employment opportunity employer*
  
  
  Minimum Requirements (Education/Experience/Certificates/Licenses):
  
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  • Bachelors degree in Business, Community Development, Real Estate or related field.
    
  • Four years of experience in community development, affordable housing development or related field.
    
  • Knowledge of affordable housing tools including LIHTC, Housing Trust fund, CDBG, HOME, bank loans, bridge loans, etc. Familiarity with compliance and regulatory requirements of various sources. Experience in multi-family affordable housing development.
    
  • Project management & time management.
    
  • Ability to read, manage and execute on contracts.
    
  • Ability to meet 3rd party deadlines. Skill in structuring viable financing packages and presenting them in standardized development and operating proformas.
    
  • Ability to prepare competitive funding applications.
    
  • Ability to manage complex and time critical processes, funding requirements and relationships to complete projects on time and on budget.
    
  • Understanding of contract delivery systems and contract types.
    
  • Ability to evaluate risk and develop risk management plans for projects.
    
  • Ability to work in partnership with funders, investors, consultants, contractors, regulatory bodies, Families in Transition staff and board of directors.
    
  • Ability to work in a collaborative team environment.
    
  • Ability to travel and spend long times on your feet.
    
  • Excellent oral and communication skills.
    
  • Excellent computer skills.
    
  • Valid driver's license, and ability to travel to various locations as needed for the role.
    
    
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Keywords: Housing Benefits, Peabody , CHIEF HOUSING DEVELOPMENT OFFICER, Accounting, Auditing , Manchester, Massachusetts