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Vice President – Housing Development
Springfield, MA

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Direct Hire


 

Position Summary

Manage all aspects of real estate development including but not limited to: rental and ownership development projects and multi-phased projects simultaneously; coordination with internal and external partners on community engagement, relocation, planned resident services, purchase eligibility, and process for ownership housing. Oversee all project and construction management staff across project ‘life’ from acquisition to completion of construction and lease-up or sale. Participate in organizational strategic planning and risk management processes.

 

This individual will report directly to the Senior Vice President, Real Estate Development

 

 

Essential Functions/Responsibilities

Project Development & Management

  • Provide input and collaborate with Business Development in assessment and scheduling of new projects for development
  • Contract and direct any required relocation efforts
  • Schedule and direct all rental and ownership project management and staff through the development process from site control to completion of construction and lease-up, including, but not limited to: local approvals; creating the development budget and proforma; application and securing of predevelopment, construction, and permanent financing as well as tax credits as applicable; negotiating contracts for professional services; design and construction oversight; and transfer of the completed project to the property management function or sale
  • Utilize expertise in public financing and tax credit instruments, public priorities, and deployment schedule to maximize pipeline opportunities in collaboration with Business Development; ensuring compliance and alignment with all policies, processes, and regulatory requirements associated with public funding and investment including housing to extremely low income, serviced enriched housing, fair housing, and permanent supportive housing
  • Monitor progress of development projects against pro forma budgets and schedules; communicate consistently with appropriate management staff to ensure quality and compliance, portfolio success, and a smooth transition to operations
  • Establish and maintain strong, collaborative relationships with staff (including across departments), third-party contractors, community groups, funding sources, constituents, and stakeholders

Administrative

  • Oversee the administration of the Housing Development unit
  • Evaluate and provide timely feedback to staff on performance-related matters; assess staff members’ strengths and developmental needs; implement performance plans to ensure the development and/or maintenance of necessary skills to achieve organization and position-specific requirements
 

 

Supervisory Responsibilities

  • Project Managers, Construction Managers, and administrative support positions
 

 

Hiring Requirements/Preferences

  • Bachelor’s degree in a relevant field; commensurate experience may be substituted for a degree
  • Seven years’ experience in the development of complex new construction, and repositioning/rehabilitation projects such as urban, transportation-oriented, and mid/high-rise multi-family housing
  • Demonstrated project management skills, including the ability to handle the entire development process from site control through entitlement, design, construction (including familiarity with means and methods), lease-up, and stabilization; the ideal candidate will have taken several projects through the entire development process
  • Expertise in public and private real estate finance with the ability to create project proformas and articulate, both orally and in written form, the case for a specific project
  • Experience with major contract negotiations, and an understanding of typical general contractor/construction manager contract terms
  • Knowledge of market dynamics and real estate values in the Western Massachusetts area is preferred, but not required
  • Experience in a management/leadership role, with multiple reports (both internal and external) over simultaneous complex projects with potentially changing deadlines, and a demonstrable record of success
  • Proficiency with Microsoft Office applications (including Project and PowerPoint), and comfort learning new technologies
  • Advanced organizational skills with a high degree of accuracy and attention to detail, plus the ability to reprioritize to meet multiple deadlines in an often time-sensitive environment
  • Excellent interpersonal and collaborative skills with the ability to serve diverse populations and work appropriately with confidential information
  • Exceptional communication skills (both written and verbal) with a wide variety of audiences, including the ability to make compelling presentations in large-group settings


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