Deputy Director – Real Estate Development
Bi-weekly Salary: $4,003.65 - $5,000.01
Operates under the general direction of the Chief Executive Officer, with significant independence. Provides management and supervision of the Real Estate Development Department. This position is directly responsible to the Chief Executive Officer and is a key member of Agency’s executive management team. This position has the overall responsibility for managing the operations and administration of Real Estate Development Department. Critical functions of this position include real estate development, multi-family design, construction, program administration and federal, state and municipal regulatory compliance and the periodic evaluation of the organization’s real estate portfolio and recommendations for strategic disposition of properties. Supervises’ the design of mixed-finance, tax credit and bond financing in order to develop affordable housing.
This position works with the Chief Executive Officer in developing and managing programs to achieve the “Agency” vision and goals. This is a highly responsible administrative and functional leadership position involved in the planning, coordination and management of development projects and activities. Work is performed in coordination with the Chief Executive Officer and other department heads, but with a high degree of independence within broad policy statements established by the Agency and the Department of Housing and Urban Development (HUD). The Agency’s, mission is to build and maintain decent, safe, sanitary and affordable housing using responsive and sustainable development practices. Incumbent provides direction, leadership and resources in order that the mission of the Agency is achieved through the collective effort of Agency employees and community partnerships with public, private and non-profit entities.
Assist the Chief Executive Officer in planning, directing, managing and overseeing all the staff activities and strategic operations of the Authority. Willing to try new approaches, keeps open lines of communication with employees and clients and is responsive when attempts fall short. Ensures that Board adopted strategies and goals are met. In the absence of the Chief Executive Officer, act in his/her capacity.
ESSENTIAL FUNCTIONS - The below statements are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing of all responsibilities, duties and or skills required. Management reserves the rights to add, modify, change, or rescind the work assignments of different positons. Essential duties may include but are not limited to the following:
Plans, organizes and directs the daily management and administration of all aspects of the delivery of the Agency’s Real Estate Development programs, contracts and activities.
Supervises subordinate management; professional, administrative, technical and construction staff that deliver the department’s programs. Ensures long term (3-5 years) staffing levels are adequate to meet anticipated development project projections balanced with budget constraints, as projected by developer fee revenue.
Negotiates and oversees the execution of all documents related to real estate development deals.
Negotiates the business terms of real estate acquisitions and oversees the documentation of these transactions.
Identifies potential acquisition sites and project feasibility.
Works directly with landlords, economic development officials and other municipal, regional and federal representatives involved in economic development in order to secure business terms consistent with the Agency’s goals and needs.
Conducts due diligence analysis of real estate development opportunities relative to feasibility, insurance, land, architectural and environmental issues.
Monitors construction process and ensures that construction budgets and projects are on time and on budget.
Identifies and solicits financing, grants and funding for low interest affordable housing construction.
Assists in asset sales, including marketing, negotiations, document review and closings.
Assists in the development of Agency policies and procedures implementing Federal, State, and local directives and statutes and other Agency programs; and, as applicable, procedures for department activities and programs.
Develops pathways to employee engagement beyond the real estate development team.
Participates in the development and administration of the Agency’s budget; makes recommendations regarding the source of funds needed by sections and/or programs, and funds needed for staffing, equipment, materials and supplies. Identify funding source for all. Approve expenditures and implement budgetary adjustments as judged appropriate and necessary.
As needed, diplomatically resolves sensitive and controversial issues. Advises Chief Executive Officer, in a timely manner, on necessary actions, problems, or requirements.
Assists the Chief Executive Officer with Board of Commissioners relations and preparation of Board and committee agendas and reports. Makes verbal reports and presentations to the Board and other bodies. Prepares resolutions for Commission review and approval.
Serves as a staff liaison to the Board’s Development Committee.
Oversees, monitors and participates in the development and administration of the agency’s Capital Fund budget.
Develops the Operating Budget Proformas of the non-profit developments and ensures property management staff are consulted during the pre-development phase and prepared to assume the property at the end of construction.
Requires LIHTC/CDLAC experience from applications and financing through conversion, to permanent financing. Housing and Urban Development (HUD) and local financing experience preferred.
Represents the Agency at various community boards, commissions, task forces or other meetings.
Be available during Agency business hours to meet client needs, coordinate with co-workers, oversee contract workers, attend face-to-face meetings, and handle day-to-day operations necessary for the position.
Operations, services, and activities of affordable housing programs
Management skills to analyze programs, policies and operational needs.
Principles and practices of program development and administration.
Principles and practices of government financing, budgeting and accounting.
Principles and practices of public housing administration. Pertinent Federal, State, and local laws, codes and regulations; and the local housing market.
Purposes, functions, and organization of housing authorities and other local governmental agencies and the functioning of their governing boards.
Principles and practices of tax credit/bond financed housing administration and knowledge of the California Low-Income Housing Tax Credit Program.
Principles and best practices of multi-family real estate development and operations.
Knowledge and experience in reading and interpreting Federal, State, and local regulations and experience in dealing with contractors and vendors.
Knowledge of rehabilitation and new construction processes relevant to multi-family and elderly residential housing.
Principles of business letter writing and basic report presentations. Proper grammar, spelling, punctuation, and composition of client and agency letters.
Plan, organize, direct, and coordinate work of lower level staff in a manner conducive to high levels of organizational performance.
Lead and facilitate team building and communications.
Select, train, supervise and evaluate subordinates.
Pursue and acquire further training as it relates to Affordable Housing and Housing Development.
Manage and Maintain confidentiality.
Devise and implement innovative approaches to maximize organizational efficiency and responsiveness.
Interpret and apply Federal, State and local policies, laws and regulations.
Communicate complex ideas clearly, concisely, and effectively both verbally and in writing.
Keen ability to interface at all levels of the organization and across diverse cultures.
Prepare and administer large and complex budgets within established guidelines.
Establish and maintain effective working relationships with those contacted in the course of work.
Operate a personal computer using various Windows-based applications and related programs, including standard, as well as proprietary software.
Excellent problem solving skills with conflict management expertise.
Work with culturally diverse populations and perform within strict ethical standards.
Establish and maintain effective working relationships with those contacted in the course of work.
Organize and prioritize a variety of projects and multiple tasks in an effective and timely manner; organize work, set priorities, and meet critical time deadlines.
Work with a high degree of self-motivation and initiative.
Any combination of experience and education that would be likely to provide the required knowledge, skills, and abilities could be qualifying, as determined by the Authority. A typical way to obtain the knowledge, skills, and abilities is:
High School Diploma and;
Possess a Bachelor’s degree from an accredited college or university with course work in public administration, business administration, or a related field. (Master’s degree or equivalent preferred).
Five (5) years of increasingly responsible administrative and management experience in the housing/government funding field that demonstrates strong leadership skills with a minimum of 3 years senior management leadership experience.
PHYSICAL DEMANDS ON THE POSITION: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Essential and marginal functions (may) require maintaining physical condition necessary for sitting and standing for prolonged periods of time in indoor office environment. Must have vision to read printed material and a computer screen; and hearing and speech to communicate in person, before groups, and over the telephone. Must stoop, kneel, reach, stretch, bend, pull drawers open and closed to retrieve and file information. Employee must possess the ability to lift, carry, push, and pull materials and objects up to 25 – 50 lbs. with the use of proper equipment. Have excellent hand strength and the manual dexterity to operate keyboard equipment.
Must have access to an automobile or other means of transportation, when and if required to travel on Housing Authority business.
Must possess current automobile insurance in accordance with California law and, a valid California driver’s license, including a driving record acceptable to the Housing Authority insurance Company.
Must be insurable by the Housing Authority’s insurance carriers.
Provide proof of US citizenship or, if an alien, either lawful admission for permanent residence or authorization for appropriate work by the Immigration and Naturalization Service.
Must be bondable.
This position may require additional training and travel
FILING DEADLINE 5 pm July 15, 2019
Applicaiton can be found at www.hacityventura.org