CCSWW

  • Senior Housing Developer

    Job Locations US-WA-Seattle
    Posted Date 2 months ago(10/30/2018 8:13 PM)
    Job ID
    2018-3393
    # of Openings
    1
    Category
    Housing Development
  • Overview

    POSITION DESCRIPTION:

    CHS develops, owns and manages housing programs and provides social services for poor and vulnerable populations that need safe and affordable housing.  The Senior Housing Developer is responsible for managing the process of planning and development of housing projects that are designed to provide affordable housing for low-income individuals or families.  Frequently working with several communities or champions, the Senior Housing Developer will handle multiple projects in various stages of development. 

     

    The Senior Housing Developer will manage project teams to complete the feasibility, financing, acquisition, construction and close out of affordable housing developments.  This position also provides consultation and technical assistance to internal and external clientsAt any given time, the Senior Housing Developer is responsible for up to six (6) projects in various stages of development.  

     

    This position oversees the budgeting process and management of more than $60 million in development capital.  A Senior Housing Developer negotiates solutions with conflicting parties with time, monetary, legal and real property implications with the agency’s mission and monetary interests in mind.  A Senior Housing Developer will supervise housing development staff and be responsible for segments of the Community Development Center’s departmental budget.

     

    Salary DOE with generous benefits

    Responsibilities

    The Senior Housing Developer is expected to have the skills to independently handle many of the tasks listed below, and may seek assistance from the VP of Housing and Community Development on specific aspects of complex tasks as needed.

     

    Scoping and Feasibility Analysis

    • Develop project concept including soliciting the appropriate organizational staff for data.
    • Create capital budgets, up to $20 million per project, and 15-year operating pro-formas that generate sufficient tax credit basis, appropriate debt service and create positive net operating income to meet project and agency’s objectives.
    • Create new, flexible project budgeting templates that incorporate innovative and creative funding models.
    • Prioritize and carry out complex preliminary due diligence including soft cost research, environmental analysis, specification analysis, market analysis, financial feasibility, and preparation of presentations.
    • Complete feasibility analysis; coordinating with internal staff and outside consultants to arrive at recommendations for successful projects.
    • Lead land acquisitions, including the preparation of purchase and sale agreements, option agreements, boundary line adjustments, lease agreements and required documentation for other land use approvals.
    • Manage survey and title review with attorneys to clear title prior to acquisition.
    • Negotiate real estate easements with property seller, neighbors, utility companies and local planning departments.
    • Oversee vendor procurement consistent with agency Legal Protocol and public funding requirements.
    • Oversee the coordination of the contract review process for the Community Development Center as outlined in the Legal Protocol.
    • Maintain accurate project files and prepares project status reports for the housing development team.
    • Represent CCSWW/CHSWW at neighborhood meetings, public meetings, land use hearings, etc.
    • Regularly communicate budget, schedule and decision points to Champions, clients and sponsors.
    • Work with CCS and CHS Champion/Client to design projects that achieve goals and allow for long-term programmatic success.
    • Create new legal entities and structure building ownership to conform with federal and state law as well as Section 42 of the IRS code.

    Project and Construction Management

    • Manage construction contract/bid process for construction contracts up to $12 million.
    • Manage design process with architects including securing all land use and building permits.
    • Lead value engineering activities to bring building scope into line with construction market pricing.
    • Process and maintain accurate and functional filing system for all construction process documents including draws, change orders, meeting minutes, etc.
    • Participate in regular construction meetings; ensure flow of communication throughout construction process.
    • Coordinate workflow during construction with the construction project manager.
    • Ensure compliance of complex governmental regulations and guidelines such as prevailing wage requirements, Davis-Bacon, Section 3 reporting, HOME, CDBG, LIHTC, etc.
    • Ensure compliance with Evergreen Sustainable Design Standards to ensure resident and staff safety, health and long term building sustainability.
    • Develop, implement and manage tenant relocation plan compliant with federal Uniform Relocation Act.
    • Review and evaluate environmental reports and plan development considering the condition of soil or built structures in compliance with the Washington State Department of Ecology and Environmental Protection Agency

     

     

    Funding Source Development

    • Prepare and coordinate applications for state and federal resources, including housing grants and loans, Low-Income Housing Tax Credits, rental assistance, and/or public services.
    • Maintain open and positive relationships with public funders, investors and financial institutions.
    • Work with finance and agency leadership to explain and understand loans, contracts and other legal documents related to housing development projects.
    • Work with equity investor and lender to communicate current agency financial position, project economics, land use status, project design, and operating model.
    • Negotiate project financing structure and terms between agency leadership, public funding sources, construction lender and equity investor’s operating agreement including negotiating the developer fee pay-in schedule, equity contribution installments, representations and warranties, for first right of refusal terms for $10-15 million transactions.
    • Draft board resolutions and Certificates of Action for the Borrowing, Land Acquisition, and Financing consistent with the agency’s legal protocol.
    • Identify appropriate funding and subsidy sources for each development project and prepare clear and effective private and public funding applications.
    • Oversee LIHTC Due Diligence and coordinate closings with Escrow.

    Project Close-out

    • Facilitate the preparation and completion of appropriate compliance reporting to city, county, state, federal and private funding partners.
    • Facilitate completion of necessary cost certifications with accounting staff and third-party consultants.
    • Complete archiving of project files.
    • Finalize transition of all files other materials.
    • Work with operations staff to transition the project from development to occupancy.
    • Develop property management plans in cooperation with Asset Manager.
    • Ensuring leasing and financial goals are achieved in the property’s first year of operations.

     

     

    Serving Mission through Housing and Health

    • Work with Champions/case managers/community leaders to define needs of resident populations
    • Lead site selection team and design teams to incorporate needs of resident populations
    • Utilize best practices in serving resident populations in building design
    • Collaborate with property managers and service providers to develop 15 year operating and service budgets
    • Consider building life cycle for specific resident populations.
    • Mange development and implementation for housing and design specifications in cooperation with Asset Manager to improve property performance and reduce operating expenses.
    • Advocate for communities of concern and reducing disproportionality in industry meetings and committees.
    • Serve as point of contact for communities of concern and advise them through the housing development process.
    • Lead up to three client relationships for development consulting contracts including writing and managing contract and process billing for CHS revenue ranging from $100-500,000.
    • Lead the design, development and property management orientation process with sensitivity to residential health and environmental impacts.

     

     

    Management Responsibilities

    • Responsible for hiring and supervising any independent contractors providing development work including architecture, contractor, attorney, site consultants and specialized work such as construction management or economic modeling in accordance w/ applicable procurement guidelines.
    • Actively participate in discussions on future development projects and attend agency planning groups such as the Housing Ministry Team, Property Management Team, Development Update, Treasury Group, etc.
    • Prepare and present ideas to agency staff and leadership for consideration in a consensus oriented environment.
    • Create and cultivate a positive, team-oriented work environment.
    • Negotiate solutions with conflicting parties with time, monetary, legal and real property implications with the agencies mission and monetary interests in mind.
    • Review public housing policies and review impact on agencies mission and strategy.
    • Assist Housing Developers and Business Manager with problem-solving and provide oversight as needed.
    • Manage housing developers and housing development assistants in the performance of their duties.  
    • Responsible for hiring, supervising and conducting performance reviews for housing development staff under direct supervision;
    • Lead project teams that include development assistant, accountant and construction manager.
    • Responsible for hiring and supervising any independent contractors providing development work including draw preparation and specialized work such as construction management or economic modeling.
    • Manage portions of the Community Development Center’s departmental budget.
    • Provide other support and supervision to work of development team, as needed.

     

    Asset Management

    • Work with Property Management and Asset Manager to develop clear and regular analysis of the existing CCSWW/CHSWW portfolio and recommend creative solutions for refinance and cost-savings.
    • Apply for project funding for projects identified for refinance.
    • Manage the refinance and rehabilitation process.

    Qualifications

    • BA degree in finance, public administration, business, urban planning or related field. Masters degree preferred.
    • At least five years of experience in affordable housing development or related field.
    • Fluency in English.
    • Demonstrated ability working as a team member.
    • Proficiency in MS Word and Mastery of Excel.
    • Excellent oral and written communications skills.
    • Quick learner/ability to problem solve by connecting information from previous projects and identifying industry resources.
    • Ability to be self-motivated with a desire to learn. 
    • Experience working in and leading diverse groups.
    • Must have reliable transportation, valid Driver’s License and automobile insurance, and be able to comply with requirements of Employee Driving Policy.
    • Commitment to working within the mission, goals and values of Catholic Community Services and Catholic Housing Services.

    ADDITIONAL INFORMATION:  Contact: Patrick Tippy, Housing Development Manager  Catholic Housing Services, 206-328-5654

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