Senior Director of Real Estate Development

SUMMARYThe Senior Director of Real Estate Development (Senior Director) role will encompass a wide range of functions and activities associated with real estate developments, acquisition, rehabilitation, project planning, management, policy/standard operating procedures development/execution, assist in and oversee the preparation of funding applications to reposition DHC’s housing assets. The Senior Director is responsible for obtaining the financing, approvals, and design of infrastructure developments, and mixed-use community development projects. This position will work closely with outside agencies (City of Detroit, EGLE, MSHDA, HUD, tax credit syndicators, and others). This position will serve as a liaison with the Asset Management and Capital Assets Departments. One of the critical success factors is for the Senior Director to maintain and establish effective, collaborative relationships internally and externally including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, construction managers, government liaisons, internal DHC staff, etc.). They also would drive and prepare development plans, including: Preparation of Project Schedule, Preparation of Project Proforma, Preparation of Project Description, Preparation of Market Analysis, Preparation of Construction Budgets, Manage and provide research and documentation in the delivery of project development plans, Perform site visits, Perform development feasibility studies, including taking photographs, creating written project documents, producing proformas and analyzing sites for potential development opportunities, and performing administrative tasks. The success of this position would be monitored on published project KPIs Budget/Schedule and goal achievements.EDUCATIONAL REQUIREMENTSBachelor’s degree in finance, engineering, construction management, planning, community development, public administration, or related field.MBA with real estate focus preferredSignificant experience with Microsoft Office 365 (Excel, Word, PowerPoint)EXPERIENCE REQUIREMENTSMinimum of 7 – 10 years of prior experience with contract negotiations in development dealsMinimum of 7 – 10 years of progressively responsible experience in affordable housing development and experience working in various regulatory agencies, such as HUD, MSHDA to include planning, community development, grant administration, and project management;Minimum of 7 years of financial and/or business accounting experienceOTHER REQUIREMENTSMust have or be able to acquire a valid state driver’s licenseMust pass federal, state, and local criminal investigation clearances, and pass a drug screening test administered by the Commission or its designated providerMust be insurable under the agency’s insurance policyMust be bondable and insurableMust be capable of obtaining Federal, State of Michigan, and City of Detroit Police Department criminal investigation clearancesMust be willing to work traditional and non-traditional or weekend hours as requiredKNOWLEDGEKnowledge of the organization’s structure, policies and proceduresKnowledge of standard office procedures, filing, and standard office equipment, including computer, fax, copier, telephone systemKnowledge of the operation of commission and HUD computer system and softwareKnowledge of HUD programs and RAD tools and requirements (i.e., Section 18, TPV Application, Part 58)Knowledge of DHC’s Administrative Plan and related policies and proceduresKnowledge of principles and practices of urban development and housing managementKnowledge of the principles and practices of personnel management and supervisionKnowledge of the principles and practices of employee developmentKnowledge of the principles and practices of human resources management and supervisionKnowledge of the principles and practices of accounting, budgeting, and budget administrationKnowledge of report preparation techniquesKnowledge of training methods for all levels of personnel, related to departmental initiativesKnowledge of organizational structure, workflow, and institutional proceduresKnowledge of strategic planning and organizational development techniquesKnowledge of contract negotiationsKnowledge of the principles and practices of automated information systems, and data processingKnowledge of basic office practices, procedures, and equipmentKnowledge of HUD rules and regulations that apply to property management: Fair Housing Laws, Michigan Real Estate Landlord-Tenant Laws, OSHA Standards, Local and State Building CodesKnowledge of HUD regulations and guidelines relating to Housing Quality Standards (HQS), NSPIRE, and State and Local building and occupancy laws or regulationREQUIRED ABILITIESAct independentlyAnalyze situationsAttend to detailsFollow-upComplete assignments timelyTrack KPICollaborate with all stakeholdersInclusive with all stakeholdersAdvanced Windows Office 365 skills (Teams, PowerPoint, Excel, Word, SharePoint)Exceptional Project Management SkillsCommunicate verballyCommunicate in writingConcentrateEmpathizeIdentify problemsInitiateManage pressureMotivateMulti-taskOrganizeThink creativelyREQUIRED SKILLSAnalyze situations, review available actions, and determine the best course of actionAnticipate potential issues to develop preventative actionsAttend to detailed work accurately and efficientlyCommunicate effectively orally or in writing with relevant stakeholders, internal and external, from a variety of backgroundsCreate complex reportsDevelop and maintain effective working relationships with stakeholders to accomplish organizational goalsImplement decisions in accordance with established requirementsInteract effectively in a complex, dynamic environmentInterpret and apply regulations to department specific policiesLead and develop a department and department staff membersManage multiple priorities and demands within established requirementsManage time effectively to ensure all work is completed timely and effectivelyParticipate as a member of the teamPlan, organize and conduct audit and document areas of non-compliancePlan, organize, complete or assign work and special projects in order to meet organizational goalsPrepare written documents/reports with proper sentence structure, grammar and overall completenessProvide and receive constructive and motivational feedbackProvide high level, quality customer service both internally and externallyRead and understand department specific documentation, and policies and proceduresRead, write and interpret documents of a technical natureReview and edit documents for accuracy and completenessUnderstand and apply HUD organizational rules, instructions, policies and procedures appropriatelyUnderstand community housing needs and problemsUse sound judgment when implementing decisionsWork effectively with a diverse group of stakeholdersWork under pressure of deadlinesWork with all levels of contractors to assure performance aligns with contract requirementsMaster position-specific softwareOperate standard office equipmentSUPERVISORY RESPONSIBILITIESDirect employee supervisory responsibilities of 1-20 employeesREPORTS TOEXECUTIVE DIRECTORESSENTIAL JOB FUNCTIONS[The fundamental job duties the individual must be able to perform, with or without accommodation; removal of these functions would fundamentally change the job]Develop the department’s internal budget; monitor execution of the budgetCoordinate planning, development, and submission of HOPE VI and other grant/funding applicationsPrepare revitalization plans and revisions; prepare master plans for redevelopment; obtain necessary approvalsCoordinate Development Department’s involvement with cross-functional activities of the DHCInterpret and apply DHC’s personnel policies; develop and implement department policies where needed to supplement DHC policiesDirect subordinates’ day-to-day activities: make work assignments and establish work priorities. Review and approve leave requests and time and attendance reportsEvaluate subordinates’ performance; initiate appropriate action to reward exceptional performance or correct poor performance. Counsel subordinates regarding job performance; document in accordance with established proceduresEstablish policies and procedures to assure that appropriate records are established and maintained in accordance with professional practices and HUD requirementsSeek approval of requests for training, conferences, and other resources when required by DHC policySUPPLEMENTAL FUNCTIONS[These are job duties the individual must be able to perform, with or without accommodation; removal of these functions would NOT fundamentally change the job]All other duties as assignedPHYSICAL ACTIVITIES AND DEMANDSStandingWalkingReachingKneelingEQUIPMENTScannersComputer/laptopMonitorsProjectorsWORK ENVIRONMENTSOFTWAREInternet softwareSpreadsheet softwareWord processing softwareDatabase softwareDisclaimerThis job description should not be construed as an exhaustive list of duties and responsibilities performed by persons assigned to this classification. It is not intended to limit or in any way modify the right of any supervisor or manager to assign, direct and control the work of employees under his/her supervision. All principal duties and responsibilities of this position are essential functions of the position. Job descriptions are reviewed on a regular basis and may be revised at any time. Revisions will be communicated to employees within the classification. This job description does not constitute a contract of employment; therefore, the company may exercise its employment-at-will rights at any time.

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