Director of Real Estate Development & Capital Projects

Director Of Real Estate Development & Capital Projects

LHH Recruitment Solutions is currently seeking a Director of Real Estate Development & Capital Projects with at least 5 years of experience working in a similar role. This is a consulting opportunity within the Non-Profit industry, located in Danbury, CT. Responsibilities:

• Direct the organization's long-range capital investment strategy, with an emphasis on upgrading, preserving, and repositioning affordable and publicly supported residential properties.
• Manage major capital programs supported by federal funding, including the creation and administration of annual and multi-year improvement plans.
• Assess physical property conditions and develop capital plans that prioritize critical repairs, infrastructure upgrades, modernization efforts, and long-term asset needs.
• Provide leadership to project management teams by establishing project priorities, allocating resources, assigning responsibilities, and maintaining accountability for key deadlines and results.
• Track construction progress, financial performance, project timelines, key milestones, and potential risks, taking appropriate action to resolve delays, cost concerns, or other issues.
• Guide the development and review of project scopes, architectural and engineering specifications, construction documentation, bid materials, and related project requirements.
• Analyze prospective development and redevelopment opportunities by considering project economics, property constraints, zoning requirements, financing options, and overall feasibility.
• Structure and coordinate financing plans that may incorporate affordable housing tax credits, public funding sources, rental subsidy programs, conventional debt, and other forms of capital.
• Direct large-scale preservation, rehabilitation, and repositioning efforts involving affordable, subsidized, or federally assisted housing assets.
• Manage the selection and engagement of external partners, including general contractors, architects, engineers, legal counsel, financial advisors, consultants, and other professional service firms.
• Maintain compliance with federal, state, and local regulations governing publicly funded construction, contracting practices, wage requirements, procurement standards, and economic participation programs.
• Evaluate and authorize project-related financial and contractual matters, including change orders, contractor payment requests, contract amendments, claims, and proposed settlements within established approval authority.
• Serve as a key point of contact with public agencies, financing partners, lenders, contractors, consultants, and other stakeholders involved in development and construction activities.
• Collaborate closely with senior leadership to provide visibility into project progress, financial exposure, emerging risks, and major decisions while ensuring capital investments support the organization's broader strategic objectives.

Qualifications:

• 5-7 years of experience in public housing modernization, community development, or multi-family real estate development
• Proven capability in multi-layered real estate modeling, utilizing LIHTC configurations, state grants, and conventional commercial mortgages.
• Working knowledge of local building codes, capital needs assessments (CNA), and construction project life cycles.
• Strong background navigating public bidding parameters under federal 2 CFR 200 standards and state public bidding laws.

Work Site: On Site

Schedule: 7:45 a.m. to 5:30 p.m., Monday Thursday, Full-time (35 hours, 4 days/week)

Salary: $60-100/hr