Director of Housing & Real Estate Development
Company: Asociaci--n Puertorrique--os en Marcha, Inc.
Location: Philadelphia
Posted on: May 3, 2024
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Job Description:
Description:Who We Are?Asociaci--n Puertorrique--os en Marcha
(APM) is a non-profit organization dedicated to improving the
quality of life of our community through direct service and
outreach in the Philadelphia region. APM envisions a healthy
community, where all families are self-reliant; where children are
protected and nurtured to become future leaders; and where
residents are engaged in their community.Since 1970, APM has
affected thousands of people's lives each year by offering a full
spectrum of bilingual and culturally sensitive social services
related to education, health, human services, and community &
economic development. APM has leveraged over$140 million in
residential and commercial development and is home to over 300
highly skilled professionals in a variety of disciplines with an
operating budget of nearing 50 million. For more information, visit
APMPhila.org.APM is seeking a Director of Housing and Real Estate
Development to scale up it single and multifamily development
work.REPORTS TO: Chief Operations Officer (COO)GENERAL
SUMMARYReporting to and working closely with the COO, the Director
of Housing Development is by nature ambitious, moves fast and is
entrepreneurial in the pursuit of new affordable rental housing and
homeownership developments. The Director will lead and implement
APM's real estate development strategic goals, objectives, and
priorities while developing a pipeline of affordable rental and
homeownership developments. The Director of Housing Development
will be someone who believes in and understands affordable housing,
and brings this expertise to bear in a nonprofit environment to
grow APM's portfolio. They will have a dealmaker's sensibility,
understanding of affordable housing development and the financial
mechanisms of this type, and have the fortitude to proactively
identify new projects where APM can successfully provide support to
a range of developments across the housing continuum.Housing
DevelopmentManage all phases of development for construction
projects including reviewing feasibility analysis, obtaining local
approvals, developing and maintaining proformas, and managing the
design and construction phases.Facilitates development partnerships
among community residents, community-based organizations, and local
jurisdictions.Conduct all physical, financial and operational due
diligence on properties during feasibility, acquisition and
pre-development phases.Prepare financing applications to public and
private sources such as: Federal HOME, CDBG, HOPWA, HUD (SHP and
McKinney), State/HFA's (RACP, DCED, Penn HOMES, LIHTC 4% and 9%,
Bond Financing, PHARE, Reclaim, Special Initiatives, and 811),
Commerce, NMTC, FHLB, and various private foundations.Coordinate
pre-development and development activities including but not
limited to: Lender relationships Legal documents Financial planning
including development and operating budgets with multiple sources
Construction documents Ongoing management of project financials
Monitor and track construction progress and cost to ensure timely
project completion. Identify and manage qualified architects,
engineers, environmental firms, contractors and other professionals
as needed. Coordinate marketing and lease up process and transition
to stabilizes operations, working with internal departments (asset
management, property management, fiscal, and resident programs)
before, during, and after construction to ensure smooth tenant
relations and transition to operations. Research and suggest new
methods of financing and structuring of housing and other community
development activities including open space and community
facilities. Appropriately interface with government and financial
entities pertaining to development including but not limited to
banks, funders, lenders, City Council, Office of Housing and
Community Development, Redevelopment Authority, Housing Finance
Agencies, PA Office of Budget, and Department of Housing and Urban
Development. Oversee Compliance with City, State and Federal
oversight agencies and with private investors/lenders. Coordinate
responses to Request for Proposals and Request for Qualifications.
Acquire properties from public agencies as well as from the private
market. External RelationsRepresent APM at stakeholder meetings,
including industry events, local boards, advocacy organizations,
and other important partnerships.Represent the department and APM
to elected officials and outside agencies.Negotiate and resolve
significant and controversial issues with various partners and
stakeholders.Leadership and AdministrationTrain, motivate, and
direct department personnel, including performance
monitoring.Develop and monitor the department annual
budget.Implement annual strategic goals of the Housing Development
Department.Prepare board reports for both the APM Board of
Directors and the affiliate nonprofit corporations' boards of
directorsEstablish and implement standard operating procedures for
the Housing Development Department, including but not limited to
design standards, data retention, and interdepartmental
coordination.Provide regular reporting on department activities to
APM senior leadership Job BenefitsMedicalDentalVision20 Paid
Personal Time Off (PTO) Days12 Paid Holidays403b Retirement
PlanLife InsuranceShort-term DisabilityLong-term
DisabilityRequirements:Master's Degree in business, finance, real
estate or planning is preferred.Minimum of 10 years in affordable
housing development, as well as training in underwriting, financial
feasibility and analysis, government programs for real estate
financing, knowledge and preferably experience with the
Philadelphia development community, government agencies, and
financial institutions.Knowledge of construction and property
management processes.Must have proven ability to manage multiple
real estate development projects simultaneously, to lead teams of
internal staff and external consultants, and to effectively solve
problems of variety of issues that may occur during the real estate
development process.Highly developed written and oral communication
skills, including preparation of reports, briefing papers, and
correspondence.Excellent organizational coordination,
problem-solving, and time management skills, including the planning
and managing of multiple projects.Ability to be proactive and
capable of resolving complex problems expeditiously.Comfort in
working in a team capacityAPM is an equal opportunity employer. All
qualified applicants will receive consideration for employment
without regard to race, color, religion, sex, sexual orientation,
gender identity, national origin, genetics, disability, age,
veteran status, or any other characteristic protected by
law.PM21PI7d204aefb0ed-25660-29586476
Keywords: Asociaci--n Puertorrique--os en Marcha, Inc., Camden , Director of Housing & Real Estate Development, Executive , Philadelphia, New Jersey
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