Gans, Gans & Associates
Ideal Candidate
The ideal candidate for the Chief Development Officer role is a dynamic and strategic leader with extensive experience in real estate development, particularly in affordable housing. This individual will have a deep understanding of multi-family design, construction, finance, and regulatory compliance at the federal, state, and municipal levels. A forward-thinking professional, they will excel in developing and executing real estate strategies that align with the mission to create and sustain affordable housing solutions. The candidate must possess strong negotiation skills to manage complex development agreements and cultivate partnerships with key stakeholders, including government agencies, financial institutions, and community organizations. With a proven track record in managing large-scale development projects, the ideal candidate will bring expertise in acquisition, rehabilitation, and repositioning of properties. They will be adept at securing funding sources, navigating market conditions, and implementing policies to drive operational effectiveness. Leadership is a critical component of this role, requiring the ability to inspire and manage a high-performing team while ensuring compliance with regulatory frameworks. The candidate must also be a skilled communicator, capable of delivering presentations to executive leadership, boards, and public officials while advocating for development initiatives. This is an opportunity for a results-oriented executive who thrives in a fast-paced, evolving regulatory environment and is committed to addressing the community’s affordable housing needs through innovative and sustainable development strategies.
Position Summary
The Chief Development Officer (CDO) has the overall responsibility for managing the operations and administration of the Real Estate Development Department. Critical functions of this position include real estate development, multi-family design, construction, finance, program administration and federal, state and municipal regulatory compliance. Provides leadership and direction in the Strategic Asset Model (SAM) and increasing operational effectiveness and efficiency due to an ongoing and changing regulatory environment in order to develop affordable housing and be responsive to community affordable housing needs. As part of a team, negotiates development, regulatory and operating agreements on behalf of the Agency. Coordinates assigned activities with other City departments and outside agencies.
Finance Key Objectives for the Chief Development Officer (CDO) in the First Year of Employment
Successfully close at least one Low-Income Housing Tax Credit (LIHTC) transaction. Build and lead a team of knowledgeable, professional staff committed to collaboration and achieving the best outcomes for the Agency. Establish strong, strategic relationships with community stakeholders, city leadership, development partners, and key funders, including the City Housing Finance Agency.
Responsibilities
Directs and oversees acquisition, development, and rehabilitation programs; leads the strategic repositioning of existing properties through the Strategic Asset Model (SAM), leveraging data-driven insights to identify underperforming assets for transformation and guide land acquisition aligned with long-term neighborhood revitalization goals. Oversees the development, implementation and evaluation of policies, procedures and guidelines for the programs and operations of the Real Estate Development Department. Holds primary responsibility for creating redevelopment strategies and overseeing implementation; executes strategies for making the Agency a self-sustaining real estate organization; meets and maintains production goals. Coordinates efforts with the SVP of Preservation and Construction and Acquisitions/Relocation Director, and confers with the Staff Attorney to ensure effective communication of development status and needs. Meets or confers with prospective development partners and property owners in order to evaluate opportunities for affordable housing ventures. Engages in activities that identify and pursue appropriate funding to support affordable housing goals; monitors market conditions and reviews opportunities for refinancing of properties. Serve as primary Agency real estate representative with partners, interfacing regularly with executive management of local, state, and national public officials, as well as local development and other partners and key stakeholders. Facilitates the resolution of issues between key stakeholders. Oversees and monitors the department’s operating budget to ensure department is operating with budget restraints; manages budgets and pursuit cost allocations in regard to acquisition/construction recommendations. Acts as lead in developing the department’s annual scorecard. Review and evaluates staffs’ work/projects, review and approval all documentation/applications/reports of staff before going to the CEO for execution. Recommends the best alternatives for transactions involving new developments, acquisitions & dispositions, development budgets and proformas; ensure deadlines are maintained. Prepares written reports, oversees HUD quarterly reporting, revitalization plan amendment and grants close out process. Conducts presentations to CEO and Board of Commissioners. Performs site visits to review work in progress or for inspection purposes. Serves as development resource to city, county officials, HUD and other partners. Performs speaking engagements presenting information regarding the Agency development and real estate programs. Participates in training and developmental activities as directed by the CEO. Provides coordination leadership within the organization to ensure deadlines and program goals are met. Communicates orally and in writing with regulatory officials, funding agencies and other governmental entities regarding issues related to the Agency development programs. Proposes budget and staffing levels for the department. Performs other duties as assigned.
Education and Experience
Education equivalent to graduation from a four-year accredited college or university with a major in real estate, business administration, urban planning or a related field. Relevant experience in the area of design, construction or complex affordable housing development may be substituted for formal education requirements. Nine (9) years professional experience in design, development project management or, preferably, affordable housing development, with progressively increasing responsibility required. Experience in the public sector is preferred.
Knowledge and Skills
Thorough knowledge of the Real Estate development process, HUD assisted housing programs, mixed-finance, programs and processes. Knowledge of rental housing design, construction and financing. Ability to develop feasible public-private affordable housing developments. Ability to read and interpret building plans, site plans and blueprints. Ability to collect and analyze data. Ability to evaluate and prepare professional and technical reports, grant applications and other documents. Requires human collaboration skills and the use of technical skills. Ability to perform a job independently upon receiving general instructions. Intermediate mathematical ability for working with real numbers, fractions, percentages, ratios/proportions and measurements. Intermediate writing skills necessary for report writing, business letters, expositions and summaries with proper format, punctuation, spelling and grammar, using all parts of speech.
Seniority level
Executive
Employment type
Full-time
Job function
Administrative, Business Development, and Project Management
Industries
Real Estate, Non-profit Organizations, and Government Administration
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The ideal candidate for the Chief Development Officer role is a dynamic and strategic leader with extensive experience in real estate development, particularly in affordable housing. This individual will have a deep understanding of multi-family design, construction, finance, and regulatory compliance at the federal, state, and municipal levels. A forward-thinking professional, they will excel in developing and executing real estate strategies that align with the mission to create and sustain affordable housing solutions. The candidate must possess strong negotiation skills to manage complex development agreements and cultivate partnerships with key stakeholders, including government agencies, financial institutions, and community organizations. With a proven track record in managing large-scale development projects, the ideal candidate will bring expertise in acquisition, rehabilitation, and repositioning of properties. They will be adept at securing funding sources, navigating market conditions, and implementing policies to drive operational effectiveness. Leadership is a critical component of this role, requiring the ability to inspire and manage a high-performing team while ensuring compliance with regulatory frameworks. The candidate must also be a skilled communicator, capable of delivering presentations to executive leadership, boards, and public officials while advocating for development initiatives. This is an opportunity for a results-oriented executive who thrives in a fast-paced, evolving regulatory environment and is committed to addressing the community’s affordable housing needs through innovative and sustainable development strategies.
Position Summary
The Chief Development Officer (CDO) has the overall responsibility for managing the operations and administration of the Real Estate Development Department. Critical functions of this position include real estate development, multi-family design, construction, finance, program administration and federal, state and municipal regulatory compliance. Provides leadership and direction in the Strategic Asset Model (SAM) and increasing operational effectiveness and efficiency due to an ongoing and changing regulatory environment in order to develop affordable housing and be responsive to community affordable housing needs. As part of a team, negotiates development, regulatory and operating agreements on behalf of the Agency. Coordinates assigned activities with other City departments and outside agencies.
Finance Key Objectives for the Chief Development Officer (CDO) in the First Year of Employment
Successfully close at least one Low-Income Housing Tax Credit (LIHTC) transaction. Build and lead a team of knowledgeable, professional staff committed to collaboration and achieving the best outcomes for the Agency. Establish strong, strategic relationships with community stakeholders, city leadership, development partners, and key funders, including the City Housing Finance Agency.
Responsibilities
Directs and oversees acquisition, development, and rehabilitation programs; leads the strategic repositioning of existing properties through the Strategic Asset Model (SAM), leveraging data-driven insights to identify underperforming assets for transformation and guide land acquisition aligned with long-term neighborhood revitalization goals. Oversees the development, implementation and evaluation of policies, procedures and guidelines for the programs and operations of the Real Estate Development Department. Holds primary responsibility for creating redevelopment strategies and overseeing implementation; executes strategies for making the Agency a self-sustaining real estate organization; meets and maintains production goals. Coordinates efforts with the SVP of Preservation and Construction and Acquisitions/Relocation Director, and confers with the Staff Attorney to ensure effective communication of development status and needs. Meets or confers with prospective development partners and property owners in order to evaluate opportunities for affordable housing ventures. Engages in activities that identify and pursue appropriate funding to support affordable housing goals; monitors market conditions and reviews opportunities for refinancing of properties. Serve as primary Agency real estate representative with partners, interfacing regularly with executive management of local, state, and national public officials, as well as local development and other partners and key stakeholders. Facilitates the resolution of issues between key stakeholders. Oversees and monitors the department’s operating budget to ensure department is operating with budget restraints; manages budgets and pursuit cost allocations in regard to acquisition/construction recommendations. Acts as lead in developing the department’s annual scorecard. Review and evaluates staffs’ work/projects, review and approval all documentation/applications/reports of staff before going to the CEO for execution. Recommends the best alternatives for transactions involving new developments, acquisitions & dispositions, development budgets and proformas; ensure deadlines are maintained. Prepares written reports, oversees HUD quarterly reporting, revitalization plan amendment and grants close out process. Conducts presentations to CEO and Board of Commissioners. Performs site visits to review work in progress or for inspection purposes. Serves as development resource to city, county officials, HUD and other partners. Performs speaking engagements presenting information regarding the Agency development and real estate programs. Participates in training and developmental activities as directed by the CEO. Provides coordination leadership within the organization to ensure deadlines and program goals are met. Communicates orally and in writing with regulatory officials, funding agencies and other governmental entities regarding issues related to the Agency development programs. Proposes budget and staffing levels for the department. Performs other duties as assigned.
Education and Experience
Education equivalent to graduation from a four-year accredited college or university with a major in real estate, business administration, urban planning or a related field. Relevant experience in the area of design, construction or complex affordable housing development may be substituted for formal education requirements. Nine (9) years professional experience in design, development project management or, preferably, affordable housing development, with progressively increasing responsibility required. Experience in the public sector is preferred.
Knowledge and Skills
Thorough knowledge of the Real Estate development process, HUD assisted housing programs, mixed-finance, programs and processes. Knowledge of rental housing design, construction and financing. Ability to develop feasible public-private affordable housing developments. Ability to read and interpret building plans, site plans and blueprints. Ability to collect and analyze data. Ability to evaluate and prepare professional and technical reports, grant applications and other documents. Requires human collaboration skills and the use of technical skills. Ability to perform a job independently upon receiving general instructions. Intermediate mathematical ability for working with real numbers, fractions, percentages, ratios/proportions and measurements. Intermediate writing skills necessary for report writing, business letters, expositions and summaries with proper format, punctuation, spelling and grammar, using all parts of speech.
Seniority level
Executive
Employment type
Full-time
Job function
Administrative, Business Development, and Project Management
Industries
Real Estate, Non-profit Organizations, and Government Administration
#J-18808-Ljbffr