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Job Title : Senior Housing Developer (Urban League of Rochester Economic Development Corp.(ULREDC))
Date Posted : June 9,2020
Type :

Description :

The Urban League of Rochester Economic Development Corporation (ULREDC) is a Rochester, NY based developer of affordable housing. ULREDC is seeking to hire a Senior Housing Developer who would work with its Chief Operating Officer to develop affordable housing and community development projects. The Senior Housing Developer works with minimal supervision in the areas of development of new project proposals, feasibility, pre-development review, project construction/rehabilitation management, and public and private financing for new and rehabilitated housing for low-income households. The Senior Housing Developer position is responsible for supporting all aspects of project development from planning to closeout, and may provide guidance and advice to staff in support of development activities. The scope of this position's responsibility may include the following: assessment of community needs, identification and acquisition of appropriate sites, formulation of feasible housing proposals, including development and operating budgets and project schedules, assisting the sponsor in conducting community notification, preparation and review of funding applications, and coordination of internal members of the project development teams and external consultants.

REPORTS TO: Chief Operating Officer

POSITION CLASSIFICATION: Part time exempt

ESSENTIAL FUNCTIONS

The following duties are normal for this position. These are not exclusive or all-inclusive. Other duties may be required and assigned.

1.Feasibility Analysis

a) Researches and develops information required for project concept development;

b) Researches and develops realistic project budgets;

c) Provides research and due diligence on funding sources and site acquisition.

2.Project and Construction Management

a) Serves as the owner’s representative in managing construction;

b) Assists with acquisition of properties from purchase and sale agreement to closing and escrow;

c) Assists with design process with clients and architects including securing all land use and building permits;

d) Processes and maintains accurate and functional filing system for all construction process documents including draws, change orders, meeting minutes etc.;

e) Participates in regular construction meetings, ensures flow of communication throughout construction process:

f) Serves as owner’s representative during punch list at completion.

3.Funding Source Development

a) Maintains open and positive relationships with development team, public funders, investors and financial institutions;

b) Works with sponsors to understand loan, contract and other documents;

c) Assists in the identification of appropriate funding and subsidy sources for each development project;

d) Assists in the preparation of clear and effective private and public funding applications;

e) Negotiates funding documents with various funding sources and private investors.

4.Rent Up

a) Works with development team, funders and management company to facilitate rent up;

b) Serves as the owner’s representative regarding advertising, lottery and other pre-leasing activities;

c) Monitors progress on projected rent up schedule and occupancy.

5.Project Close-out

a) Assists with the completion of appropriate reports to all funders;

b) Facilitates completion of necessary cost certifications with accountants and consultants;

c) Completes archiving of project files;

d) Finalizes transition of all files and other materials to the management agent.

External and Internal Development

a) Works with the COO to identify new project proposals;

b) Responds to Requests for Proposals as requested;

d) Provides guidance and advice to junior staff in support of development activities;

e) Attends ULREDC board meetings.

Mission Essential

  • Display behavior that supports the ULR/ULREDC mission, vision and values.
  • Understand and adhere to company, community and department programs, policies and procedures.
  • Communicate effectively to perform the essential functions of the job.

MINIMUM REQUIREMENTS:

Education: Bachelor’ degree in finance, public administration, business, or related field or demonstrated successful experience in multi-family affordable housing development may be substituted;

Experience/Training:

  • Minimum 8 years’ experience in affordable housing development;
  • Experience working with various types of public and private financing (e.g. bank loans, bridge loans, Tax Credits, etc.);
  • Proven ability to manage multiple projects;
  • Demonstrated ability to lead teams;
  • Demonstrated ability to independently oversee large, complex projects and effectively problem solve variety of issues that may occur;
  • Experience in project and staff supervision (preferred);
  • Proficient in MS Word and Excel;
  • Excellent oral and written communications skills;
  • Experience working in diverse groups;
  • Commitment to the mission and goals of the organization.

Certificates, Licenses, Registrations: Valid NYS Real Estate License and Valid NYS Driver’s License.

Please forward cover letters and resumes to cvitale@ulr.org.


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