POSITION IS OPEN UNTIL FILLED
Please go to http://www.hacla.org/careers for details of this position and to apply.
Characteristics of the Class: Reporting to the Chief Strategic Development Officer, the Development Services Deputy Director performs complex professional work of considerable difficulty planning, organizing and directing activities of assigned functions related to the Housing Authority’s real estate portfolio, to include development, redevelopment, repositioning of assets, acquisition and other related duties as required.
The Development Services Deputy Director will help the Chief Strategic Development Officer drive HACLA’s strategies for large multi-family sites to include mixed-use, mixed income redevelopment, identify opportunities and financing strategies for acquiring multi-family sites to add to HACLA’s market rate portfolio, and identify opportunities for maximizing HACLA’s current property to meet the Authority’s mission. The incumbent will bring a solid understanding of how to grow HACLA business resulting in organizational growth, including bringing a strong network of contacts to support business development efforts, and will know when to enlist the collaborative energies of staff and colleagues to achieve success. This will be a professional who is experienced with project acquisitions and will oversee the preparation and submission of Low Income Tax Credit, Bond, market-rate real estate applications and transactions, and include acquiring existing properties and vacant land.
From a community perspective, the incumbent will help organize and lead community outreach efforts and facilitate stakeholder communications related to public housing redevelopment. The Development Services Deputy Director will also serve as the contact point for governmental (e.g. planning department, Mayor and council offices) and regulatory agencies (particularly HUD) inherent in the redevelopment of large public housing sites.
This is a single incumbent position that serves at the will of the Chief Strategic Development Officer.
Examples of Essential Functions:
Under direction, the Development Services Deputy Director:
Assumes oversight of Development Services activities including affordable and market-rate housing development and rehabilitation programs and operations; develops, recommends and helps administer policies and procedures.
Prepares scopes of work Requests for Proposals, Requests for Qualifications and other similar documents with respect to development projects; coordinates and oversees documents related to the procurement process and leads an evaluation team that reviews, analyzes and evaluates development proposals received in response to such procurements, and analyzes and manages the resulting services contracts, schedules and budgets.
Identifies acquisition opportunities, completes development programs, develops project acquisition and funding opportunities, and completes feasibility analyses of new development projects.
Negotiates, reviews, interprets, and guides execution of development-related agreements, including ground leases, joint development agreements, exclusive negotiation agreements, reciprocal easement agreements, and covenants; helps resolve legal, contractual, and technical issues by working with internal and outside counsel on such agreements.
Guides the development and implementation of Development Services goals, objectives, policies, budgets and priorities for assigned service areas; recommends appropriate service and staffing levels; allocates resources accordingly.
Monitors and evaluates the efficiency and effectiveness of programs and services methods and procedures; supervises and coordinates activities of staff members; Consults with and assists various HACLA officials and agency representatives in the resolution of problems; makes recommendations or takes corrective action as appropriate.
Analyzes and interprets real estate appraisals, development proformas, project budgets, and other financial information related to development projects and uses such analysis and interpretation to inform development related agreements, including working with financial consultants to complete review and negotiation.
Coordinates development activities with other departments and outside agencies and organizations, including legal counsel; provides staff assistance to the Chief Strategic Development Officer; prepares and may present reports, updates, and other necessary communications.
Attends, participates and may present at professional meetings; stays abreast of new trends and innovations in the fields of real estate, urban planning, redevelopment and affordable housing development and rehabilitation.
Interacts at and leads community stakeholder and tenant meetings.
Performs other related duties as may be assigned.
KNOWLEDGE OF AND TRACK RECORD IN UTILIZING:
The theories, principles and practices of real estate development, transit oriented development, land use planning, urban design, project management, contract administration and negotiation, and business and public administration.
Large scale multi-family development and redevelopment activities, including utilization of low-income tax credit and bond financing.
Organization and management practices as applied to the analysis and evaluation of assigned programs, policies and operational needs particularly as relates to comprehensive public and subsidized housing programs, and including rehabilitation.
Local, state and federal laws, rules, and regulations governing real estate planning and development, transit oriented development, land use planning, mixed-finance development, and public housing program administration.
Principles and practices of municipal planning, including environmental regulations and public policy issues, land use entitlements and obtaining approvals and permits from other agencies.
Methods and procedures in real estate financial, analytical, statistical and mathematical matters, including cost estimating, residential, multi-family, commercial and/or industrial construction and real estate market analysis.
Principles of supervision, training and performance evaluation.
Principles and practices of budget preparation and administration.
Principles of community development and public engagement.
Conceptualize, analyze, manage and implement complex development projects.
Plan, organize, direct and coordinate the work of assigned personnel.
Analyze problems, identify alternative solutions, and recommendations in support of department goals.
Effectively administer a variety of housing development and rehabilitation activities.
Prepare complex housing development reports and analyses.
Initiate and maintain effective and cooperative working relationships with colleagues, consultants, team members, local, state and federal government agencies, lenders/investors, and community stakeholders.
Prepare and administer large and complex budgets and analyze real estate proformas.
Interpret and apply Federal, State and local policies, procedures, laws, and regulations.
Prepare clear and comprehensive written reports on technical and administrative matters.
Prepare and deliver effective presentations.
Communicate clearly and concisely, both orally and in writing.
At least seven years of increasingly responsible experience in sourcing, structuring and negotiating real estate transactions, preferably with experience in affordable housing transactions, which include public subsidies, low income housing tax credits and tax exempt bonds and at least three years of administrative and supervisory responsibility.
Experience working with principals and senior level officials.
A graduate degree from an accredited college or university with a major course work in real estate, architecture, engineering, urban planning, finance, business administration or related field OR a Bachelor’s degree combined with ten or more years of experience in housing development, real estate development, planning, business, finance or a related field.
Educational requirement may be waived based on a compelling portfolio of experience.