Is a vertically integrated, design-focused real estate development company that creates distinctive hospitality, real estate and lifestyle destinations and has earned a reputation for creating place-making destinations that enliven their urban neighborhoods.
They’ve recently created their new multifamily and affordable housing division and are looking for strong candidates to join their successful team in a variety of positions including this Senior Director of Affordable Multifamily. They are a fast paced, creative and invigorated group that loves what they do and have a passion for Los Angeles.
Responsible for sourcing the development, acquisition or preservation of affordable housing utilizing Federal, state, local and private funding sources, including LIHTC and conventional debt in the assigned region. Assist in promoting affordable housing advocacy to benefit the company and support its position as a recognized nonprofit leader. Core measures of accomplishment include successful closing of real estate development, acquisition, or preservation projects, as well as generation of developer fees and revenue when compared against approved project completion schedules and board approved budgets limits.
Housing Strategy Development:
A. Keep supervisor informed of progress of all projects.
B. Direct actions and obtain consent from Legal, Finance, Asset Management, Compliance, and Property Management departments during each stage of the development process.
C. Provide day-to-day direction and supervision to third-party development consultants.
D. Ensure all department reports (weekly, monthly, etc.) are accurate as related to projects assigned.
E. Ensure DRC, HDLC and requests and resolutions are submitted in a timely and accurate manner.
The work environment characteristics and physical demands described here are representative of those an employee encounters while performing this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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