Director, Real Estate Development - SoCal (7110-RED)**Hybrid Remote Position**

Explore a career at EAH Housing.

Start or continue a career in real estate development and management with EAH Housing. We are looking for talented and skilled professionals as we expand our property portfolio throughout California and Hawai`i. As a mission-based nonprofit organization and industry leader for more than 50 years, we live up to our values, and work to create opportunities to empower people to live better lives. Join us and make a difference today.

What we offer.

We offer a comprehensive benefits package that includes medical, dental, vision, disability and life insurance, as well as a 403(b) retirement plan with a 5% match. We also offer generous vacation accrual, holiday schedule, and work schedule flexibility.

We believe in work / life balance.
15 days of vacation per year (which increases based on years of service)
10 paid sick days per year
13 paid holidays
Flexible Start Times (REM Onsite Positions)

We take care of our employees.
Competitive Salaries
403b Retirement Plan with a match to every dollar you save for retirement, up to 5% of your pay
Employee Wellness Program
Comprehensive Medical Insurance Plans
Affordable Dental & Vision Insurance
Flexible Spending Account
EAP – Mental Health, Financial and Legal Services
$1,500 Employee Referral Program
EAH University, an in-house training program

This position is for a full-time Real Estate Development Director to work at EAH Corporate in Burbank, CA. This is hybrid remote position. Master’s degree in any of the following fields: architecture, real estate development, business, finance, planning, or construction management. Education in other fields of study combined with appropriate work experience. 5+ years of related work or field work experience related to affordable housing development such as architecture, finance, planning, construction, etc. Salary range: $125,000.00 to $220,000.00 per year; hiring range for new employees is generally $125,000.00 to $172,500.00 per year, DOE. Offer will take into consideration the experience of the final candidate and the current salary level of individuals working at EAH in a similar role.

COMPANY OVERVIEW

Established in 1968, EAH Housing is one of the largest and most respected nonprofit housing development and management organizations in the western United States. EAH develops low-income multifamily housing, manages more than 222 properties throughout in California and Hawai’i, and plays a leadership role in local, regional, and national housing advocacy efforts.

EAH Housing puts its core values into action every day as our staff of 700 people serves 25,000 residents in 87 municipalities. We offer competitive wages, comprehensive benefits, professional development, and invest in our employees through extensive training programs. Please visit our www.eahhousing.org to learn more about us, our culture, and how we strive to maintain excellence in everything we do.

For immediate consideration, please apply to requisition DIREC004534 on our website at www.eahhousing.org/careers

POSITION OVERVIEW

Under the direction of the Vice President for Real Estate Development, the Area Director of Development will be responsible for affordable housing real estate development and project management across assigned geographic areas, and for assisting in the promotion and execution of the EAH Housing mission. The principal activity of this position will be the project management of multi-million dollar rental housing and other real estate development projects on behalf of EAH, and facilitating relationships within the assigned geographic areas in order to further the EAH mission. This position ensures successful closing of a specified number of real estate projects when compared against approved project completion timelines and within board approved budget limits. Manages activities during the Predevelopment, Development, Initial or Construction Closing, Construction, and Final Closing stages. This position is characterized by a high degree of initiative, responsibility, accountability and ability to work congenially with a wide variety of individuals, community based organizations and governmental entities.

RESPONSIBILITIES

• Is the primary manager of all development activity – both new construction, refinancing/rehabilitation of existing properties – in assigned geographical area, oversees those project managers assigned to developments within the given geographical area, and provides status reports when requested to the executive team.
• Develops, executes and implements the Real Estate Development Business Plan for the assigned geographical region by evaluating, developing and underwriting housing opportunities, including researching and recommending various governmental and private financing sources and capital structures. Property types include senior, multifamily workforce, veterans and special needs housing, either as affordable, market rate or mixed income and possibly joint ventures with other organizations.
• Conducts preliminary feasibility analyses and organizes critical community support.
• Researches and secures sources of predevelopment, construction and permanent financing from public and private sources.
• Works with public agency staff to assure timely public review and approval including environmental and other entitlement reviews. F. Makes public presentations on behalf of EAH at external project and policy meetings. G. Coordinates environmental review and coordinates all local and state agency reviews.
• Assists the Vice President of Real Estate Development with hiring and orientation of new development staff.
• Assists with EAH business development team responses to RFQs and RFPs within designated geographic area; is a key participant in determining business terms and financial assumptions in development within the designated geographical area.
• Identifies and negotiates contracts with members of the development team for each project, including, contractors, engineers and architects.
• Works with other EAH housing team members including business development, project managers, finance, real estate management, asset management, operations, resident services, and compliance to develop the most financially and operationally successful project.
• Assures that the project architect analyzes the prepared plans and specifications for compliance with EAH’s design standards including ADA, Fair Housing and section 504 requirements.
• Assures that the project general contractor executes on prepared plans and specifications in compliance with the budget, the construction contract, and the project objectives.
• Oversees architect review and recommends approval of change orders.
• Hires, trains, supervises, motivates and develops staff; assures staff conforms to organizational policies and procedures and government regulations; provides minimal day-to-day guidance and oversight of subordinates; actively works to promote and recognize performance; ensures department performance appraisals are completed effectively and as scheduled.
• Oversees final closing requirements imposed by tax credit agency and private funding providers, including delivery of cost certifications, 8609s, and K-1 Schedules. Provides organizational advocacy and visibility at the local and state levels for EAH efforts by participating in state affordable housing associations and developing relationships with state housing finance agencies and state and local agencies within the designated geographical area.
• Actively participates in EAH’s Injury and Illness Prevention Plan. R. Attends and actively participates in mandatory training(s). S. Regular and predictable attendance.
• Other duties as assigned.

QUALIFICATIONS
Master’s degree in any of the following fields of study: architecture, real estate development, business, finance, planning, or construction management. Education in other fields of study would be acceptable combined with appropriate work experience. 5+ years of related work or field work experience in matters related to affordable housing development such as residential architecture, finance, planning, construction, etc.

CRIMINAL BACKGROUND CHECK REQUIREMENTS

EAH Housing conducts criminal background checks on all candidates who have received a conditional job offer. Once you have received such an offer, you will be required to submit and pass our criminal background requirements. EAH also verifies education and employment history. Any verified discrepancy (resume or online application) may delay your background check results and/or affect your eligibility to work at EAH. Please be advised that certain roles may also require fingerprinting due to legal requirements. If onsite housing is a requirement of the position, any household members over 18 years of age who will be living onsite with the candidate must also undergo a criminal background check and tenant screening. Satisfactory completion of background check and fingerprinting requirements is a requirement of employment with EAH.

DRUG TESTING

EAH Housing requires all candidates who have received a conditional job offer to submit to drug testing within 72 hours from acceptance of our job offer. EAH Housing does not test for marijuana/cannabis. Satisfactory completion of drug testing is a requirement of employment with EAH.

EAH Housing is an EEO employer. CA BRE #00853495 | HI RB-16985

INDEAH