Associate Development Manager

Overview Founded in 2020, ACRUVA Capital Partners (ACP) is a boutique, real estate investment and development firm based in Deerfield Beach, Florida, with additional operations in San Juan, Puerto Rico. ACP operates through a joint venture structure, partnering with ADC Communities (a Walker & Dunlop subsidiary) to finance, develop, and preserve affordable multifamily housing across the U.S. Mission & Vision ACP aims to expand access to safe, stable, and healthy housing for extremely low- to moderate-income families, elderly individuals, and those with special needs. Their vision is to build resilient, sustainable, equitable rental communities by using innovative technologies to reduce costs and accelerate delivery timelines. Position Summary We are looking for an Associate Development Manager to support the mission of creating and preserving high-quality affordable housing throughout Florida and other select markets. The role manages multiple affordable housing real estate projects from concept to closeout, overseeing all aspects of the development lifecycle including feasibility, financial modeling, predevelopment, design coordination, permitting, entitlements, construction, lease‑up, and conversion to permanent financing. Key Responsibilities Lead and manage the development cycle of multiple affordable housing projects from pre‑development through stabilization. Prepare and manage project development timelines, budgets, and critical path milestones. Coordinate and manage third‑party consultants (architects, engineers, general contractors, attorneys, surveyors, and environmental consultants). Oversee zoning, permitting, environmental review, site planning, and land use approvals with relevant municipalities in Miami‑Dade County. Participate in development meetings, track progress, and prepare internal reports for senior management and funders. Collaborate on multiple developments (2‑4) concurrently. Maintain pre‑development and construction budgets using Excel, Northspyre, and Procore. Assist with structuring layered financing packages, including public and private debt. Prepare funding applications for sources such as FHFC, Miami‑Dade PHCD, City of Miami, SAIL, SHIP, and CDBG‑DR. Work closely with underwriters, investors, lenders, and public agencies to close project financing. Co‑manage the design process in coordination with architects and consultants to ensure alignment with company design guidelines, project goals, budget, and funding regulations. Support the general contractor selection process, including bidding and contract negotiations, alongside the Vice President of Construction. Monitor construction progress, participate in OAC meetings, lead site visits, and work with construction management to ensure on‑time and on‑budget delivery. Review and approve monthly draws, change orders, and construction pay applications in collaboration with the Vice President of Construction. Ensure compliance with industry standards and best practices. Support closing transactions with lenders and equity providers, including legal and financial due diligence. Maintain compliance with regulatory requirements tied to LIHTC, HOME, Surtax, PBVs, RAD conversions, soft/gap funds, and local affordability covenants. Coordinate with asset management to ensure smooth handoff post‑construction and during lease‑up. Build and maintain relationships with public officials, community‑based organizations, and local residents. Attend public meetings, planning boards, and community presentations to represent the organization, and support coordination of groundbreaking and grand opening ceremonies. Support the preparation of presentation materials, funding applications, and public documents. Required Qualifications Minimum 2–3 years of professional experience in affordable tax credit housing real estate development. Strong working knowledge of LIHTC (9% and/or 4%) + Bonds, HUD and Florida Housing Finance Corporation (FHFC) programs, Miami‑Dade County PHCD financing programs, zoning and permitting processes in Miami and surrounding municipalities. Bachelor’s degree in Real Estate, Urban Planning, Finance, Architecture, Construction Management, Public Policy, or a related field. Proficiency in Microsoft Excel financial modeling, Word, Outlook, and PowerPoint; familiarity with Northspyre, Yardi, Smartsheet, or Procore is a plus. Excellent organizational, project management, and interpersonal skills. Strong communication skills and ability to work effectively with team members, consultants, and stakeholders. Preferred Qualifications Master’s degree (e.g., MRED, MPA, MSRED, MBA). Work Environment & Conditions This is a hybrid role with a combination of office‑based work at company headquarters and field visits to development sites. The candidate must be able to travel within South Florida and occasionally throughout the state. #J-18808-Ljbffr