Development Director, Southwest
Company: Community Development Partners
Location: Newport Beach
Posted on: January 19, 2023
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Job Description:
At Community Development Partners, we are deeply proud of our
track record of providing award-winning solutions to housing. We
work every day to achieve our mission of creating life-enhancing
affordable housing that transcends the fundamental goal of
providing high quality homes by builiding innovative and
sustainable developments with a focus on long-term community
engagement. As a mission-driven certified B Corp, we are unique in
our field as a for-profit developer that leads with our impact
goals. Since our inception in 2012, we have built a portfolio of
nearly 3,000 homes with another 1,000 in our pipeline, amounting to
over $1.2 billion in total development costs. --Sure, that's what
we do, and we are passionately committed to it, but equally as
important is who we are as a team. We believe in forward progress,
continuous collaboration, authentic connection, and mixing it all
up with a healthy dose of fun. As an Equal Opportunity Employer, we
offer a full suite of benefits that includes highly subsidized
insurance, retirement plan with matching contributions, a
sabbatical program, cell phone reimbursement, PTO, and more.
--We're adding to our growing team, and our SW--Development
Director--based out of our Newport Beach, California office is just
the latest in our growth plan! As our Development Director for the
Southwest region, you will be an integral part of the Development
team, leading the acquisition, development, and management of our
projects from inception to permanent loan conversion in California,
Arizona and Nevada. You will be a strategic partner to the
development staff and leadership team as we implement systems,
tools and processes that support a smoother workflow, allowing for
great impact across the organization.--Your role will involve:
--Supervising Project Managers, Development Managers and
Development Associates, directing their work through all phases of
development.Working collaboratively with the CDO, Development
Director NW and Transaction Manager to provide clarity and
consistency across the development department. Managing the SW
pipeline of development to meet CDP's strategic plan
goals.Researching potential sources of project funding and
assisting project managers with structuring projects, seeking early
feedback from other internal and external stakeholders, as
needed.Reviewing project proformas and providing guidance on
project feasibility.Evaluating funding requests and authorizing
spending consistent with approved project budgets.Monitoring
projects to assess tracking with schedules and budgets, and
assisting with addressing material changes to the timeline and/or
budget impacts.Participating in project-related meetings as
necessary, including strategy and negotiation sessions, programming
meetings, design and construction meetings, community meetings,
etc.Supervising and guide contractor and consultant selection
process including evaluating fee proposals and finalizing contract
terms and conditions.Reviewing and approving team members' work
product including funding applications, legal documents, financial
projections, internal board approval reports, fee projections,
etc.Fostering and maintaining a supportive team environment and
implementing team building/learning opportunities.Preparing
quarterly predevelopment and developer fee projections to support
the organization's financial planning. Developing and implementing
ongoing staff training, growing the team's knowledge and
skills.Collaborating with the Chief Development Officer to review
opportunities and assess staffing plans and needs.Building strong
working relationships with government agencies, joint developers,
lenders and investors.--If the following describes you, we want to
hear from you: Ability to successfully interface and build strong
cross-functional relationships with all levels of internal team
members and external strategic partners (agencies, legislators,
elected officials, jurisdictions, other stakeholders and decision
makers), finding common ground and solving problems for the good of
all.Ability to maneuver through complex local political situations
effectively and quietly.Strong written and verbal communication
skills (in English), allowing for clear and succinct communication
in a variety of settings (phone, video, in-person, email), and with
people of various backgrounds and levels, both internally and
externally.Ability to assemble talented staff, hiring the best
people available from inside or outside the organization. Ability
to lead and develop direct reports, providing challenging and
stretching tasks and assignments while creating strong morale and
spirit on the team, managing accountability as needed. Ability to
accurately scope out length and difficulty of work and projects,
anticipating and adjusting for problems, clearly assigning
responsibility for tasks and decisions, setting clear objectives,
ensuring progress and results, while embedding feedback loops into
the work. Clearly and comfortably delegates both routine and
important tasks and decisions; broadly shares both responsibility
and accountability; trusts people to perform; allows direct reports
and others to finish their work.A strong customer focus, with
dedication to meeting the expectations, needs and requirements of
internal and external customers, successfully gaining their trust
and respect.Willingness to stand up and be counted, taking personal
responsibility for outcomes, and can be counted on when times are
tough. High level of expertise in real estate finance and deal
structuring. Mastery over all aspects of complicated LIHTC
transactions. Advanced knowledge of affordable housing financing,
and advanced analytical, financial and quantitative skills,
including the ability to review complex financial reports prepared
by others.Ability to solve problems involving multiple options,
making decisions with an in-depth understanding and interpretation
of procedures, company policies and business practices to achieve
complex results.Technically savvy with a thorough knowledge of MS
Office (PowerPoint, Excel, Word) and comfort with Google
Suite.Ability to meet multiple deadlines and work in a fast-paced
environment.--Minimum Qualifications: Bachelors Degree in Business
Administration, Urban Planning, Real Estate Development,
Architecture or another relevant field.Minimum 7 years of real
estate development experience.Minimum 7 years of LIHTC experience,
including direct experience with California LIHTC.Minimum 5 years
of people management, preferably direct reports or equivalent
external vendor management.Experience managing both ground-up and
rehab projects.Masters in real estate development or related field
preferred. Powered by JazzHRPI201557901
Keywords: Community Development Partners, Newport Beach , Development Director, Southwest, Executive , Newport Beach, California
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