Vice President of Development, MD, VA, NC

Overview

Lead development of affordable housing projects in MD, VA, and NC, managing teams and profitability.

Key Responsibilities

• budget management
• regulatory compliance
• design coordination
• construction oversight
• profitability reporting
• site acquisition

Tasks

-Hire and manage Development Managers and Development Coordinators, including mentoring, coaching, training and succession planning. -Work with the Development Managers to maintain project budget, complete sources and uses and monthly update of project cost to complete -Work with PM team and Construction team to determine all regulatory requirements for the issuance of C of O from the local municipality and direct the contractor and third-party professional to complete their required roles in the process -Assist preparing final job cost for 8609 issuance and regulatory agreement filings -Review and approval of third-party contracts and billings -Represent Conifer at regional conferences and political events. -Will be responsible for profitable completion of new affordable (LIHTC) housing and workforce housing developments including sourcing, local approvals, funding applications, construction closings, construction and conversion/ 8609. -Collaborates effectively to get things done, building and nurturing strong relationships—becoming a positive resource for our vendors, contractors, visitors and fellow employees. -Will oversee implementation of development projects in assigned region(s), principally financed utilizing low-income housing credits, from project inception to 8609 certification with the assistance of development staff to complete the following tasks: -Represent the owner at construction meetings and resolve issues related to design implementation, schedule, local permits, third party professional’s responsibilities and draw reviews. Approve hard cost draws and change orders. -Develop and maintain professional relationships with joint venture partners, investors and municipal development planners. -Develop and report on annual regional profitability goals to meet overall company goals. -Coordinate completion of third-party Market Studies and Appraisals -Select, direct and coordinate third party design professionals (i.e. architects, engineers, energy and environmental consultants) to include design review, adhering to the Conifer building outline specifications and standard floor plans -Develop and maintain professional relationships with local, state and federal funding agencies staying apprised of available programs and requirements and initiatives. -Responsible for project feasibility and profitability and its related impact on the corporate budget through completion. -Identifying and negotiating purchases of new project sites for pipeline -VP will lead the development efforts in MD, VA and NC and be the “quarterback” of the Conifer teams involved in the projects (Development, Construction, Legal, Accounting, Asset Management, Property Management). -Review and approve soft cost draws and submission of hard and soft cost draws to funders. -Work with closing team on pre-syndication, equity, construction loan and permanent loan closings, -Determine capacity and appropriate resources to address current and pipeline projects, including staffing and predevelopment expense budgets.

Requirements

• bachelor's degree
• 15+ years
• affordable housing
• project management
• budgeting
• procore

What You Bring

-Demonstrated excellent oral and written communication skills. -Reliable transportation/vehicle with valid drivers’ license and valid auto insurance policy. -Business Professional with excellent business judgment and practices. -Able to handle confidential matters. -Minimum 7+ years of experience in affordable housing project management, leading projects from start to finish, is required. -Strong interpersonal communication skills; ability to mentor, coach team members and provide training guidance as needed. -Strong financial, budgeting experience required. -Remote with some regional office attendance when needed/scheduled and travel to Project states and Project Municipalities. -Thinks strategically and applies critical thinking to identifying and solving problems. -Minimum fifteen (15+) years in affordable housing development or combination of experience in planning, real estate development and finance. -Obtain local municipal project approvals. Travel required and evening appointments for local approvals -Staffing, performance management including coaching, mentoring, training experience is essential. -Bachelor’s degree required, with a major in Business, Law, Finance or Planning preferred. -High School Diploma/GED equivalent required. -Light work that may require, walking, stooping, crouching and lifting up to 15 pounds on occasion. -Is willing to go the extra mile to resolve issues and complete tasks required, including any extended hours that might be needed. -Demonstrates organizational, time-management, and multi-tasking skills to effectively manage several projects with daily activities at one time to meet required timelines set. -Displays a positive attitude; exercises self-control at all times -Travel required – frequency based upon projects, scheduled meetings, conferences. -Proficient computer skills and programs including MS Word, Excel, Outlook, PowerPoint, and project management programs such as Deal Path and Procore. -Excellent customer service skills with ability to effectively collaborate with fellow colleagues at all levels, contractors, vendors, visitors, local and state representatives, other officials as required. -Ability to read and comprehend complex documents (regulatory agreements, contracts, others). -Flexible, able to multi-task; adaptable to change projects when needed.

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Benefits

-Telephone, Cell Phone

About Conifer Realty

-Founded with a vision to provide high-quality, affordable housing and mixed-use developments. -Develops, finances, owns, and operates residential and commercial properties across the country. -A key player in urban revitalization and the creation of sustainable, vibrant communities. -Experienced in multifamily housing projects, with a focus on enhancing community living. -Specializes in tax-credit financing, bringing innovative funding solutions to housing projects. -Continues to grow through strategic partnerships and a commitment to long-term property management.

Sector Specialisms