- Determine the feasibility of potential projects.
- Secure financing, entitlements, and community support for development projects.
- Manage the successful development of projects through acquisition, design, construction, and stabilization.
- Use effective project management practices in controlling and documenting schedule, budget, and development progress.
- Provide team support to other developers as needed.
- Work effectively with team members to support Bellwether's interests and mission.
- Minimum of 5 years of multi-family housing development experience.
- Familiarity and experience with complex real estate development and financing mechanisms utilized for affordable housing, including tax-exempt bond financing, low-income housing tax credits, property tax exemptions, and soft public funding sources, including experience negotiating financing terms, and regulatory and partnership agreements.
- Expertise in utilizing Low Income Housing Tax Credit Program and other affordable housing funding programs.
- Experience negotiating contracts.
- Development project management experience.
- Demonstrated expertise with real estate pro-formas and financial analysis tools.
- Demonstrated expertise in reading and understanding property surveys, architectural drawings, site plans, title, and legal documents.
- Proven ability to manage time effectively across multiple projects.
- Expertise in Microsoft Office Suite, especially Excel.
- Effective oral and written communication skills and ability to represent Bellwether to public officials, community groups lenders, investors, and partners.
- Master's degree in real estate development, finance, or related field preferred.
- Successful experience using City of Seattle and the State of Washington's funding sources for low-income housing.
- Current or recent involvement with a non-profit or community-based housing organization.
- Bachelor's degree preferred, not required
- Competitive compensation accompanied by a generous benefits package.
- Medical, dental, and vision insurance.
- A 403(b)-retirement plan with an employer match, guiding you towards a prosperous future
- Fuel for your personal and professional development with up to $1,500 in employer-paid continuing education per year.
- An ORCA Transit Pass to navigate the city with ease.
- Up to 27 paid days off in your first year and 8 paid office closure days.
- The chance to be part of a transformative mission, leaving a mark on the lives of those we serve in our communities.
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Housing Developer II - Seattle, United States - BELLWETHER HOUSING
Description
Job Description
Job DescriptionDescription:Exempt
Compensation: $89,230 - $133,846/annually, depending on experience.Start your career at Bellwether Housing as a Housing Developer IIin the vibrant city of Seattle, WA
Who We Are:
Established in 1980 with a vision to create urban housing opportunities, Bellwether Housing has been a trailblazer in transforming lives. By breaking down housing barriers, we've empowered individuals and families, especially those from marginalized communities. As we continue to make a lasting impact, we're embarking on an ambitious mission to build and acquire 2,500 homes by 2025. This is your opportunity to be part of our dynamic team and help shape the future of affordable housing
Position Overview:
The Housing Developer II is responsible for the effective execution of all aspects of affordable housing development projects, from initial feasibility through conversion to property management. This role executes or oversees analysis, financing, design, community outreach, and development, with guidance from Senior Housing Developers and the Vice President of Real Estate Development, and works on a team with other housing developers, construction managers, development partners, external consultants, and internal departments.
Manages a direct workload of multiple projects in various stages of feasibility through development and close-out.
Work Schedule: Hybrid – 3 days onsite, M-F 8:30 am – 5:00 pm.
Your Impact:
The Housing Developer II, with little or no supervision from the Director and/or Program Manager, is responsible for:
Who You Are:
What We Offer: Bellwether Housing is your platform for growth, empowerment, and purpose. When you join our team, you will receive:
At Bellwether Housing, you will elevate your career in a role that's as rewarding as it is impactful, where you'll be part of a movement that is helping shape the future of affordable housing in Seattle and where diversity, equity, and inclusion are the pillars of our success.
Note: This role requires successful completion of a background check in accordance with Seattle's Fair Chance Employment Ordinance.
Bellwether Housing is an equal-opportunity employer. We will not discriminate based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. We support the Americans with Disabilities Act (ADA) to reasonably accommodate all qualified applicants [and employees] by providing reasonable accommodations to people with disabilities.
To request Reasonable Accommodation for the application or interview process please contact Bellwether Housing is dedicated to building a diverse, equitable, and inclusive workplace. We value having employees whose skills, experiences, and backgrounds reflect the populations we serve. We are committed to being an anti-racist organization while acknowledging we have a long way to go. You can learn more about our DEI work on our website.