Housing Development Manager

The Housing Development Manager is an experienced real estate professional with affordable housing and financial modeling experience, a strong background in multifamily development, and the ability to manage complex projects and stakeholder relationships.

Position Overview

A mission-driven nonprofit organization focused on expanding access to affordable housing across Hawaii seeks a Housing Development Manager to support the full lifecycle of multifamily housing projects. This individual will play a key role in bringing projects from early-stage concept and financing through construction completion and long-term performance, working at the intersection of real estate development, finance, and community impact. The role is ideal for someone who enjoys managing complex projects, structuring funding solutions, and partnering with public and private stakeholders to deliver sustainable housing outcomes.

Responsibilities

• Assist in managing the full development lifecycle of affordable housing projects (concept through stabilization)
• Structure and coordinate complex project financing, including tax credits, bonds, and public/private funding sources
• Support underwriting and financial feasibility analysis for new development opportunities
• Serve as a liaison between lenders, investors, syndicators, consultants, and contractors
• Monitor project budgets, timelines, and funding milestones during construction
• Oversee contract administration and ensure compliance with financing and regulatory requirements
• Coordinate with public agencies and stakeholders to move projects through approvals and entitlements
• Support long-term asset performance and financial sustainability of completed projects

Skills

• Affordable housing development knowledge (multifamily preferred)
• Financial modeling and pro forma analysis
• Real estate underwriting and project financing
• Capital stack structuring (multiple funding sources)
• Strong organizational and project management skills
• Ability to work across multiple stakeholders (lenders, investors, public agencies)
• Communication and presentation skills for varied audiences
• Analytical and problem-solving mindset

Requirements

• Bachelor’s degree in Finance, Real Estate, Construction Management, or related field
• 3+ years of experience in multifamily or affordable housing development
• Experience or exposure to LIHTC (Low-Income Housing Tax Credit) financing
• Understanding of public funding sources (e.g., housing grants, state programs, bonds)
• Proficiency in Excel and financial modeling
• Familiarity with real estate development processes, including financing and construction
• Ability to manage multiple projects and priorities in a fast-paced environment