The Associate Director of Real Estate Development is responsible for leading a team in originating, coordinating, and implementing all aspects of the development of affordable housing projects. Projects may include new construction, acquisition and rehabilitation, portfolio syndication, and joint ventures with other developers. This position will directly supervise two to four employees in the Real Estate Development Department, which may include senior/project developers or associate project developers, and project administrators.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Initiates location and evaluation of potential project sites and properties.
• Negotiates acquisition agreements.
• Identifies new areas of program activity.
• Assists with formulating department strategy.
• Conducts preliminary feasibility analyses and organize critical community support.
• Research and secure sources of predevelopment, construction, and permanent financing from public and private sources.
• Works with public agency staff to assure timely public review and approval including environmental and other entitlement reviews.
• Coordinates environmental review and local agency approvals.
• Identifies members of the development team and negotiate contracts with contractors, engineers, and architects.
• Prepares and monitor project budgets, cash flow projections and project schedules.
• Oversees design and construction management to ensure attention given to special-user needs, project budget, timelines, and lender/investor requirements.
• Makes public presentations on behalf of Eden at external project and policy meetings.
• Assists the Director with hiring and orientation of new development staff.
• Facilitates training and technical support for new project developers.
• Works with Eden Housing Resident Services to identify feasibility of on-site service programs and identify sources of necessary funding.
• Works with Eden Housing Management and community groups to facilitate affirmative marketing and smooth transition to occupancy.
• Prepares written report material and grant applications and makes presentations before public bodies and community groups.
• Lead team responses to RFQ’s and RFP’s.

KNOWLEDGE, SKILLS AND ABILITIES

• Experience or background in all aspects of affordable housing project development from acquisition through construction completion
• Working knowledge and experience with local, state and federal housing financing programs; including HCD programs, HOME, Low Income Housing Tax Credits, and Tax-Exempt Bonds.
• Working knowledge of the state and local entitlement and public approvals processes
• Previous supervisory experience
• Knowledge of and sensitivity to the concerns and needs of lower income people.
• Ability to conduct financial analysis and budget preparation.
• Effective oral and written communication, interpersonal and conflict-resolution skills
• Effective public presentation skills.
• Ability to work in and lead project teams and to work with a wide variety of individuals.
• Computer skills including word processing and spread sheets for financial analysis required.
• Excellent organizational and problem-solving skills
• Must be able and willing to travel throughout Eden’s portfolio and attend evening and weekend meetings as requested.
• Actively participate in our culture of inclusivity.
• Must have access to reliable transportation to travel during the business day to Eden properties, training sites and retail stores.

SUPERVISORY RESPONSIBILITIES

Directly supervises staff member(s) in the Real Estate Development Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving issues.

EDUCATION and/or EXPERIENCE

Five years related experience and/or training.

PREFERRED SKILLS and/or ABILITIES

• Excellent organizational and written communication skills
• Ability to prioritize and work independently on a wide variety of tasks
• Experience and familiarity with computer software including, Microsoft Word and Excel; ability to create and manipulate spreadsheets.
• Excellent communication (verbal and written), decision-making, interpersonal, negotiation, conflict resolution and time management skills.
• Ability to work under pressure and successfully meet deadlines.
• Ability to communicate and interface professionally and sensitively to staff, board, residents and public.
• Flexible, creative, well-organized.
• Ability to handle shifting and multiple priorities in a fast paced, growth environment.
• Strong analytical and problem-solving skills.
• Must be able and willing to travel to all company locations to carry out duties and responsibilities.
• Experience working with diverse groups, i.e., staff, residents, outside contacts.
• Commitment to the companies’ goals and philosophy.

LANGUAGE SKILLS

Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. The ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community. Ability to write speeches and articles for publication that conform to prescribed style and format. Ability to effectively present information to top management, public groups, and boards of directors.

MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to sit and use hands to finger, handle, or feel. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus. Physical demands include writing/typing, use of computer and paper files, answering phones, attending meetings.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

REVISION

This is not necessarily an exhaustive list of all responsibilities, skills, duties, requirements, efforts or working conditions associated with this job. While this job description is intended to be an accurate reflection of the current job management reserves the right to revise the job or to require that other or different tasks are performed when circumstances change. This job description replaces all previous descriptions for this position.