Housing Developer, Affordable Homeownership
Description
Homestead Community Land Trust creates stability, equity and opportunity by developing land and housing in trust, giving lower-income households the opportunity to own a home that is affordable to them and remains affordable to future owners. Our work is expanding an equitable economy for housing to create vibrant communities, help repair the harms of housing discrimination and protect vulnerable communities from displacement.
With 257 homes in trust, Homestead Community Land Trust is the largest community land trust in Washington State. Homestead builds new homes and rehabs existing homes, raising funds to price these homes affordably for first-time homebuyers who make less than 80% of area median income. The community land trust model makes and keeps homes affordable permanently through agreements with our buyers. We have an active pipeline of 240 homes that will be built over the next six years, and emphasize the environmental sustainability of our building methods and materials.
POSITION DESCRIPTION
Homestead seeks an experienced housing developer to manage development of homes from conception to completion. The developer will work under the supervision of the Director of Real Estate Development in managing current projects, developing our pipeline, and working with community partners.
Affordable Homeownership Development
Manage existing projects in development ranging in size from 8 homes to 57 homes
Prepare proposals or applications for funding including development subsidy, grants, and debt-financing
Prepare and manage project budgets in collaboration with the Real Estate Development Director and Finance Director
Negotiate, prepare and revise agreements with all professional services providers, individual and general contractors, and consultants required by projects utilizing established procurement policies. Oversee the work of all contracted parties
Create and maintain construction schedules and budgets; collaborate with Finance Director on draw requests
Monitor and communicate change orders to the Director of Real Estate Development, CEO and Finance Director
Secure and monitor all permits and licenses needed for development projects
Work in partnership with the Director of Real Estate Development and Finance Director to produce reports for management and Board and Board committees that support project decision-making and governance
Community-Led Housing Development – In the course of accomplishing the responsibilities above, the position will:
Meet regularly with community partners as projects are developed and constructed
Work with CEO and other staff to create educational materials and events that support community partners
Conduct outreach and engagement events to encourage and integrate partner and community feedback into project designs
Other duties as assigned.
ESSENTIAL QUALIFICATIONS
Bachelor’s degree required or equivalent work experience
Minimum three years’ experience in nonprofit housing development with direct experience in planning, developing and overseeing construction
Demonstrated experience sourcing and successfully apply for public funding, including sources for development, acquisition and home/energy improvements (for example, Federal Home Loan Bank, HOME, SHOP, State, local and private loans and grants).
Experience in communicating technical information to layperson audiences, in formal and informal settings.
Experience working in multicultural environments preferred
Experience working with public agencies to develop policies related to program goals.
Strong financial pro forma skills, including proficiency in Microsoft Excel
Strong project management experience with attention to detail
Ability to manage multiple projects at the same time
Proven ability to develop and maintain cooperative relationships with individuals from diverse backgrounds, including board members, public sector staff and officials, representatives of other nonprofit organizations, vendors, and people from low-income households