Director of Real Estate Development (Affordable Housing)

Job Description

Job Description

Description:

Position Title: Director of Real Estate Development
Organization Type: Nonprofit | Focus: Affordable Housing
Location: On-site | Relocation assistance available for qualified candidates

Position Summary

The organization is seeking a strategic and mission-aligned Director of Real Estate Development to lead and manage affordable housing projects from concept to completion. This position plays a critical role in advancing the organization’s mission to create and preserve high-quality, affordable housing for underserved communities. The ideal candidate will bring a strong background in real estate finance, affordable housing development, and cross-sector collaboration, along with a deep commitment to equitable community development.

About the Organization

The organization is a nonprofit committed to expanding access to affordable housing for low- to moderate-income individuals and families. Through advocacy, development, and partnerships, the organization works to build sustainable communities that promote dignity, stability, and long-term affordability.

Key Responsibilities

• Project Management : Lead the planning, financing, construction, and delivery of affordable housing developments, including new construction and preservation projects.
  
  
  
• Financial Modeling & Funding : Structure and manage complex project financing using LIHTC, NMTC, HOME, CDBG, and other public/private sources.
  
  
  
• Site Acquisition & Feasibility : Identify, evaluate, and acquire development sites; conduct feasibility studies, due diligence, and risk assessments.
  
  
  
• Stakeholder Coordination : Collaborate with architects, contractors, legal teams, government agencies, and community stakeholders throughout the project lifecycle.
  
  
  
• Compliance & Reporting : Ensure adherence to all regulatory and funding requirements; manage project budgets, timelines, and internal documentation to maintain compliance.
  
  
  
• Strategic Growth : Support the organization’s long-term development strategy by identifying future opportunities and cultivating mission-aligned partnerships.
  

Ideal Candidate Profile

• 5–7+ years of experience in affordable housing development, real estate finance, or a related field.
  
  
  
• Demonstrated success managing multifamily affordable housing projects from pre-development to lease-up or stabilization.
  
  
  
• Strong knowledge of housing finance mechanisms such as LIHTC, tax-exempt bonds, HUD programs, and state/local resources.
  
  
  
• Excellent project management, analytical, and communication skills.
  
  
  
• A strong commitment to housing equity and community-centered development.
  
  
  
• Willingness to work on-site; relocation assistance is available for qualified candidates.
  

Requirements:

• Bachelor’s degree in Real Estate, Urban Planning, Architecture, Business, or a related field.
• Minimum of 8 years of experience managing affordable housing development from concept through occupancy.
• Experience working with diverse populations and underserved communities.
• Prior success in securing financing and navigating municipal processes.

Preferred Qualifications

• Master’s degree or relevant certifications such as HDFP (Housing Development Finance Professional) or CHDP.
• Experience in nonprofit or mission-driven real estate environments.

Ready to make an impact? Apply today.