Real Estate Development Manager

Job Description

MISSION FIRST HOUSING GROUP develops and manages affordable, safe, and sustainable homes for people in need, with a focus on supporting vulnerable individuals. We connect residents with resources that help them live independently and provide housing that creates lasting benefits for residents and their neighborhoods.

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At Mission First, every employee makes a meaningful contribution to our success. This position description outlines the role’s primary duties, qualifications, and scope, but is not intended to cover every responsibility. We encourage all employees to contribute their skills wherever and whenever needed to support our mission.

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Columbus Property Management (CPM), a member of Mission First Housing Group, is seeking a resident-focused Assistant Community Manager. In this role, you will partner with the Community Manager to support property operations and help residents navigate the application, leasing, and tenancy process. Your work will help ensure residents understand their responsibilities, receive assistance when needed, and have a positive housing experience.

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Role Description

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The Development Manager will be a detail-oriented team player with the ability to multi-task and work independently. This position will  manage and support real estate project execution, including predevelopment, financing and construction of affordable housing properties within MFHDC, working closely with public and private funders, partners and consultants. The Development Manager prepares feasibility analyses, financial projections and applications; identifies and coordinates the work of the project team members, including design, construction, legal and financing components; assists the Senior Development Manager with project construction management and turnover; and interfaces with and assists property management as needed during development and operations.  

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Key Responsibilities

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• Coordinate affordable housing predevelopment activities from feasibility through design and permitting in partnership with Senior Development Managers.
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• Conduct financial and feasibility analyses for proposed development scenarios, and recommend financing structures and feasibility strategies to senior development staff.
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• Coordinate project team members under the Senior Development Manager’s leadership, including architects, civil engineers, attorneys, environmental consultants, and general contractors.
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• Respond to requests for proposals and prepare funding applications for predevelopment, construction, permanent financing, and subsidies. Submit required applications and supporting documentation to public and private lenders.
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• Manage the financing process from application through closing, including due diligence checklists and document coordination.
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• Support the project team throughout construction, including preparing construction draw requests and submitting required status reports to funders.
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• Prepare project closeout reports for Property Management and Asset Management.
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• Support Asset Management and Property Management during lease-up and transition to occupancy, including preparing placed-in-service packages and participating in internal property stabilization calls.
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• Support the Development team across the organization’s footprint by preparing reports for internal and external stakeholders, tracking predevelopment costs, and coordinating responses with other business lines at Mission First.
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Qualifications

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• Bachelor’s degree in Finance, Business, Law, Planning, or a related field. Equivalent years of relevant exempt-level work experience may be considered in place of a degree.
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• Master’s degree preferred.
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• At least two years of affordable housing development experience.
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• Experience preparing and analyzing financial models and working with complex Excel spreadsheets.
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• Proficiency with Microsoft 365, including Outlook, Word, Excel, and PowerPoint.
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• Knowledge of federal, state, and local housing programs and funding sources, including Low-Income Housing Tax Credits (LIHTC) and tax-exempt bond financing.
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• Ability to coordinate a multidisciplinary development team, including legal, finance, design, and construction professionals. Experience in any of these fields is a plus.
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• Strong organizational skills, attention to detail, and the ability to manage complex projects, detailed task lists, budgets, and deadlines.
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• Excellent business writing and professional communication skills.
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• Self-motivated and collaborative, with the ability to work independently, learn new skills, and take initiative on complex development assignments.
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Benefits

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• 401(k)
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• Dental insurance
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• Employee assistance program
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• Flexible spending account
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• Health insurance
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• Life insurance
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• Paid time off
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• Tuition reimbursement
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• Vision insurance
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Ability to Commute:

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• Washington, DC (Required)
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Mission First provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, genetic information, or any other characteristic protected by federal, state, or local laws. Mission First prohibits discrimination and harassment of any type.

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EOE M/F/D/V/SO

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