Director of Housing Development (Oakland)

MidPen HousingOakland, California, United States · Posted 4 months ago

Full-timeEst. 120,000 USD

Description

About MidPen

At MidPen, we build communities that change lives. Since 1970, we have been committed to our mission: to provide safe, affordable housing of high quality to those in need; establish stability and opportunity in the lives of residents; and foster diverse communities that allow people from all ethnic, social, and economic backgrounds to live in dignity, harmony, and mutual respect.

We develop affordable housing, provide professional property management for all our communities, and coordinate robust onsite support programs that help residents thrive. We are active in 12 Northern California counties and have earned recognition as one of the nation’s leading non-profit developers and stewards of affordable housing. Our current portfolio of more than 142 properties is home to 22,800 working families, seniors, and people with special needs. We take pride in delivering affordable housing solutions, and we invite you to join us on a journey toward social, economic, and racial equity.

Location: Oakland or Foster City or Watsonville

POSITION OVERVIEW

The Director of Housing Development is responsible for managing a team of Real Estate Development personnel including Senior Project Managers, Project Managers, Associate Project Managers and/or Project Associates. The team is responsible for executing, under the guidance of the Director of Housing Development, all aspects of the development process for new construction and/or acquisition/rehabilitation projects, ensuring a financially and operationally viable development in a timely and cost-efficient manner. The Director of Housing Development is responsible for training and mentoring members of the Development Team.

ESSENTIAL DUTIES 

Lead a Development Team through the development process as outlined below providing strategic advice, training and guidance as appropriate to minimize MidPen’s risk, ensure adherence to MidPen standards, and fulfillment of MidPen’s mission.

Site Identification & Acquisition

In collaboration with other team members, the Director of Housing Development will support:

Identifying sites for potential housing developments
Leading site acquisition negotiations with property owners
Preparing Letters of Intent to property owners
Negotiating site acquisition documents
Providing support and overall guidance during the land acquisition process to ensure compliance with contractual obligations and schedule

Project Conceptualization & Feasibility Analysis

Assist and support staff in completion of site feasibility analysis including risk review of potential transactions
Review due diligence reports for potential sites and assist team in identifying potential areas of exposure for MidPen that require mitigation or re-negotiation
Working with the Project Manager, review, refine and modify as necessary conceptual financial analysis for potential sites
Working with the Project Manager, review refine and modify as necessary the project’s critical path schedule ensuring key project milestones can be achieved

Project Financing

Assist team in preparation of funding applications. Review and sign off on financing plan prior to application submittal to ensure adherence to MidPen underwriting standards
Support Project Manager in closing the financing for the development, including taking the lead in negotiations with lenders and investors on critical issues, as necessary and appropriate
Ensure clear documentation of loan and partnership terms for file and for approval via MidPen’s Term Sheet process
Ensure proforma that accurately reflects the project expenses and financing plan are up to date and accurate so that decisions during construction can be made efficiently

Entitlements, Permitting and Pre-Construction

Assist Project Manager in selection of architects, design consultants and general contractor.
Assist Project Manager in negotiation of all contracts as needed. Review and approve any deviations from MidPen’s standard AIA contracts for both architect and general contractor
Review and approve entitlement package submittal before submission
Guide and support community engagement plan

Project Close-out & Transition to Operations

Ensure adherence to MidPen’s standard process for preparation of project summary and execute file transfer to central files

Represent MidPen

Represent the corporation before public bodies as needed
Network with appropriate groups and individuals
Develop and maintain positive relationships with all internal and external entities
Provide technical assistance to other non-profit organizations
Represent the organization at public hearings and other speaking engagements

Mentoring and Management

Be available for advice, meetings, and consultations
Review work of team members weekly including review of budget and schedule and troubleshoot problems with a focus on critical path
Conduct formal group trainings as requested
Work with Senior Vice President(s) of Housing Development to develop systems and written procedures for the department, as requested
Participate actively as a member of the Development Department’s Leadership Team

Internal Coordination

Support team in coordination with all internal stakeholder departments including property management and services. Ensure team adheres to established internal protocols for cross departmental collaboration.
Ensure that the building program, financing plan, and operating budget/reserves meet MidPen standards
Ensure that project budgets and critical path schedules are updated regularly and accurately for review by the Senior Vice President(s) of Housing Development and other internal partners
Schedule and budget changes are communicated in a timely manner
Ensure team adheres to established procedures and requirements for reporting to MidPen’s Board of Directors and Development Committee including review and/or preparation of monthly board memos and project summary report

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