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Senior Project Developer

Job Details

Experienced
Central Office - Hayward, CA
Full Time
Graduate Degree or a combination of educ
$131,311.00 - $153,196.00 Salary/year
Occasional travel during the workday
Day

Description

 

Essential Duties and Responsibilities:

Work independently and with self-direction as the Team Leader to originate, coordinate, and implement all aspects of the development of affordable housing projects.

Responsible for supervising or coordinating the work of other professionals, including Associate Project Developers, or Project Administrators with up to 2 direct reports.

Provide leadership for developing and implementing training opportunities.

Work cooperatively across functions at Eden.

Provide Project Management, including overseeing the predevelopment budget and ensuring adherence to project timelines and schedules.

Coordinate bid and qualifications processes to select construction-related consultants, including architects, general contractors and construction consultants.

Solicit and coordinate the work of non-construction-related project consultants, including legal, finance and other special consultants.

Negotiate contracts and monitor compliance.

Oversee project design development; supervise preparation of project plans and specifications.

Ensure attention given to special-users’ needs, Eden standards, project budget, timelines, and lender/investor/regulatory requirements.

Oversee the construction process; perform site inspections; recommend decisions regarding change order requests; process change orders, pay application and loan disbursement requests; and assure compliance with plans and specifications.

Convene and lead internal project strategy meetings, including written materials, and response to follow-up items, including Milestone / Deep Dive and Watchlist meetings.

Engage senior staff as appropriate to elevate and resolve obstacles.

Lead public relations, outreach, and friendraising efforts.

Convene and lead coordination and communication with JV partners.

Make presentations before public bodies and obtain approvals and entitlements, including management of consultants as needed.

Represent Eden at industry forums and groups.

Responsible for accurate and transparent Board requests that capture full extent of Eden’s exposure and liability, as well as timely updates of material changes to previous approvals.

Build a competitively successful development team and financing proposals to ensure feasibility for tax credits, tax exempt bonds, and competitive financing applications.

Develop strategy, in consultation with internal stakeholders and consultants, for meeting supportive services, amenities, and design commitments as conditions of financing.

Lead implementation of internal process changes to improve efficiency at responding to funding opportunities and improving application quality control.

Lead efforts to secure sources of financing, including financing strategy, tax credits, tax exempt bonds, and competitive financing applications.

Develop and implement the strategy, with input from stakeholders and senior staff, for financing the development.

Oversee, and develop as necessary, the responses to proposed CEQA mitigations, and conditions of approval for entitlements and building permits.

Oversee budgeting and implementation of post-occupancy resolution to physical issues.

Oversee process to update design standards and processes/procedures as needed.

Lead design and implementation of post-occupancy evaluation of completed projects.

Negotiate terms of commitments and loan documents and bear ultimate responsibility for all quality control, including peer and supervisor review, of all funding requests before they are submitted, and timely response to all queries from administrators of those funding sources.

Bear ultimate responsibility for escrow and draw process, ensuring that equity and loan docs, escrow instructions, financial consultant projections, and buyer and seller statements all tie out and are in balance.

Bear final responsibility for conversion and placed-in-service processes, ensuring borrower escrow instructions, interim cost cert, settlement statements, balanced sources and uses, funding into escrow, and conversion process are completed.

Qualifications

Education and Experience:

Requires Master’s degree or the equivalent, in Urban Planning, Real Estate Development, Architecture, or a closely related field with 3 years of work experience, to include:

  • 3 years working with a combination of local, state and federal housing financing programs; including HUD programs, State HCD programs, Low Income Housing Tax Credits, and/or Tax-Exempt Bonds;
  • 3 years experience with affordable housing development, planning, or finance.
  • 3 years experience in conducting financial analysis and budget preparation, using Word and Excel.
  • Requires ability to communicate effectively oral and written, effective public presentation skills, and work in project teams with a wide range of individuals.
  • Candidate will have led and completed at least one financial closing with a lender and LIHTC investor.
  • Candidate will have secured entitlements or building permits for at least one deal.
  • Candidate will have led a project during a construction phase.
  • Candidate will have led a project during a lease up and closing phase.

Experience may be gained concurrently and may be gained in any manner, including through coursework/work experience/internships/ etc. The stated experience may be earned before, during, or after earning a degree.  May also hold a Bachelor’s degree or the equivalent in the above areas with 5 years of above experience. 

 

Work Environment:

This is a hybrid position based in the Hayward Central Office which requires a minimum of two days per week in-office. Travel within the San Francisco Bay Area required.

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