Real Estate Development Manager
Job Title: Real Estate Development Manager
Reports to: Executive Director
Located at: Grand Junction or Montrose offices with remote work possibilties
About Housing Resources of Western Colorado (HRWC):
Housing Resources of Western Colorado (HRWC) is a 501(c)(3) not-for-profit organization with an organizational mission to advance equitable housing and healthy communities by educating & empowering people and creating & preserving homes. Our vision is that every western Coloradan thrives in a quality, safe and healthy home. Housing Resources builds stronger communities by providing housing, energy efficiency, education, community building, and renovation programs to the residents of Western Colorado.
The Real Estate Development (RED) Manager will oversee work related to the development of new homes (for sale and for rent) in large and small scale projects, as well as projects to preserve our existing portfolio of rental units. A primary focus of the position will be to coordinate the work of other staff and third-party consultants to:
- Identify opportunities for real estate development which could include land acquisition and development, construction of new units, and/or acquisition and rehabilitation of existing properties.
- Conduct initial feasibility assessments of opportunities and make recommendations on projects to pursue.
- Understand how various funding opportunities align with project strategies and oversee the application process to secure funding for our projects and properties.
- Coordinate staff and third-party contractors to execute real estate development projects.
The position will work closely with the Executive Director and other staff as well as third-party consultant.
The ideal candidate is flexible and capable of managing multiple active projects at a given time. This is an opportunity for someone with introductory to modest experience in affordable housing and/or real estate development who wishes to learn more about the field in a supportive mission-based setting.
This is a full-time position, typically 40 hours per week. Some overtime, evening, and/or weekend work may be required on occasion. The typical work week schedule provides some level of flexibility. Remote work, or a hybrid remote/office schedule is a possibility. Frequent travel around our service area is required, typically within a single work-day. Occasionally overnight travel may be required.
- Lead Housing Resources’ development pipeline by identifying development opportunities, managing consultants and third-party studies, and identifying/securing funding.
- Prepare project timelines and budgets.
- Coordinate feasibility analysis of development opportunities and due diligence for existing and prospective projects with help from consulting team.
- Assist with the preparation of RFPs for partner developers and other subsidy applications.
- As part of the management team, contribute to the strategic planning and organizational development activities.
- Develop partnerships with other organizations in the community that could support our development efforts.
- Identify and secure funding sources for project and operational funding.
- Serve as an ambassador and spokesperson for Housing Resources.
- Manage program and project budgets.
- Follow necessary agency policies and assist in the development of work-flows and procedures that adhere to policy requirements.
- Monitor compliance with funder requirements and report as necessary.
Knowledge, Skills, and Abilities:
- Deep commitment to serving the community and to advancing the concepts of Racial Dynamics, Equity, Diversity, and Inclusion (REDI).
- Comfort and ability to make public presentations to large groups.
- Ability to think strategically and to develop effective approaches that advance established outcome goals.
- Organizational skills to keep program activities on track, and to keep important program information accessible to other Housing Resources staff.
- Ability to understand and implement grant agreements and complex financing arrangements.
- Willingness and ability to work collaboratively with other Housing Resources staff.
- Knowledge of basic real estate development and/or land use planning concepts.
- Understanding of basic program budgeting concepts and ability to manage program activities to an established budget.
- Ability to solve practical problems and adapt quickly.
- Ability to demonstrate initiative and accountability.
- Ability to exercise good judgement and effectiveness in working with a diverse team. Learns quickly and is willing to ask for help.
- Proficient in Microsoft Office applications, including Excel.
Training, Experience, and Education:
While there are no specific training or education requirements of this position, demonstration of the skills described in this position description is necessary.
Salary and Benefits
$50,000 to $70,000 annually
- Employer contribution to health insurance and a primary clinic group plan.
- Optional dental, vision, and accident insurance and Flexible Spending Account, at the employee’s cost.
- Optional 403B Retirement Plan with employer match.
- Short Term Disability insurance at no cost to employee.
- Paid Time Off.
- Paid Holidays.
- Opportunities for professional development, training, and education.
It is the policy of HRWC to provide equal opportunities without regard to race, color, religion, national origin, gender, gender identity, sexual preference, age, or disability. People of color and people of all national origins, genders, gender identities, sexual preferences, ages, disabilities, and other diverse groups are encouraged to apply.
Submit cover letter and resume.