Supportive Housing Community Land Alliance
Director of Real Estate Development
Supportive Housing Community Land Alliance, Oakland, California, United States, 94616
Overview
SALARY:
Full time salary of $165,000-$169,450 paid annually BENEFITS:
SHCLA (Supportive Housing Community Land Alliance) offers a competitive package of benefits for all staff including opportunities for professional development and cross training, sick/vacation/family leave, flexible work hours and location, health benefits, and matched IRA contribution up to 3%. HOURS:
40 hrs/wk exempt permanent employee position LOCATION:
The Director of Real Estate Development may work remotely and will also be expected to work partly from SHCLAs office space in downtown Oakland. TO APPLY:
Please submit a resume and letter of interest to
admin@shcla.org
no later than September 11, 2025. Position Summary:
As the Director of Real Estate Development, you will play a critical role in our affordable housing development team. Your expertise in structuring affordable housing deals and your strong financial acumen will be instrumental in driving successful project execution. In addition to your involvement in affordable housing transactions, you will also handle ad hoc corporate finance tasks to support the overall financial management of the company. Responsibilities
Building Real Estate Development Department (RED) Infrastructure: Create policies and procedures for RED, regularly create templates and tools needed to improve effectiveness and efficiency. lead weekly meetings with the project manager and executive director Affordable Housing Deal Structuring: Lead the financial analysis and structuring of affordable housing projects, including joint venture partnerships with established nonprofit and for-profit affordable housing developers, tax-exempt bond financing, and other subsidy programs. Financial Modeling: Develop and maintain sophisticated financial models in Excel to assess project feasibility, investment returns, and risk analysis for each project. Capital Sourcing: Identify and secure various sources of financing for affordable housing projects, collaborating with lenders, investors, and public agencies to optimize project funding including CDFIs such as LISC, BAHFA, HAF, CSH, and private loan products such as 223f loan products. Familiarity with tax-exempt bond financing for property acquisitions. Due Diligence: Conduct thorough financial due diligence for potential affordable housing opportunities, evaluating financial viability and risk assessment including securing predevelopment funding. Regulatory Compliance: Stay updated with federal, state, and local regulations related to affordable and supportive housing finance and Community Care Licensing (Title 22), ensuring compliance with all applicable requirements. Corporate Finance Support: Assist in ad hoc corporate finance tasks, such as budgeting, forecasting, and financial reporting for the overall organization. Financial Reporting: Prepare comprehensive financial reports and presentations for senior management and stakeholders, conveying project performance and financial projections. Risk Management: Assess and mitigate financial risks associated with affordable housing development projects. Complete Refinances and Conversions. Qualifications
Bachelor's degree in Finance, Real Estate, Business Administration, or a related field (Master's degree is a plus). Minimum of 5 years of experience in finance, with a focus on finance related to affordable housing In-depth knowledge of affordable housing financing mechanisms, including LIHTC and tax-exempt bonds. Strong financial modeling skills with the ability to perform complex financial analysis. Exceptional communication and negotiation abilities to collaborate with various stakeholders effectively. Experience with 8609s and conversions Proficiency in financial software and Microsoft Office Suite. Comprehensive benefits package, including health, dental, and vision insurance. Retirement savings plan with company match. Opportunities for professional development and career growth. Beautiful co-working space in downtown Oakland (this is an in office position with opportunities for hybrid work) About Us
SHCLA is a non-profit developer of permanent supportive housing with a pipeline of projects in Alameda County. Our mission is to ease the housing crisis for people living with severe mental health issues by building affordable rental homes and providing on-site wraparound supportive services. Learn more at https://www.shcla.land/ At SHCLA, we celebrate diversity and are committed to creating an inclusive environment for all. We strongly encourage individuals from all backgrounds, including BIPOC, LGBTQ+, people with disabilities, and veterans, to apply. SHCLA is an Equal Opportunity Employer. Job Details
Seniority level: Director Employment type: Full-time Job function: Sales and Management Industries: Non-profit Organization Management
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SALARY:
Full time salary of $165,000-$169,450 paid annually BENEFITS:
SHCLA (Supportive Housing Community Land Alliance) offers a competitive package of benefits for all staff including opportunities for professional development and cross training, sick/vacation/family leave, flexible work hours and location, health benefits, and matched IRA contribution up to 3%. HOURS:
40 hrs/wk exempt permanent employee position LOCATION:
The Director of Real Estate Development may work remotely and will also be expected to work partly from SHCLAs office space in downtown Oakland. TO APPLY:
Please submit a resume and letter of interest to
admin@shcla.org
no later than September 11, 2025. Position Summary:
As the Director of Real Estate Development, you will play a critical role in our affordable housing development team. Your expertise in structuring affordable housing deals and your strong financial acumen will be instrumental in driving successful project execution. In addition to your involvement in affordable housing transactions, you will also handle ad hoc corporate finance tasks to support the overall financial management of the company. Responsibilities
Building Real Estate Development Department (RED) Infrastructure: Create policies and procedures for RED, regularly create templates and tools needed to improve effectiveness and efficiency. lead weekly meetings with the project manager and executive director Affordable Housing Deal Structuring: Lead the financial analysis and structuring of affordable housing projects, including joint venture partnerships with established nonprofit and for-profit affordable housing developers, tax-exempt bond financing, and other subsidy programs. Financial Modeling: Develop and maintain sophisticated financial models in Excel to assess project feasibility, investment returns, and risk analysis for each project. Capital Sourcing: Identify and secure various sources of financing for affordable housing projects, collaborating with lenders, investors, and public agencies to optimize project funding including CDFIs such as LISC, BAHFA, HAF, CSH, and private loan products such as 223f loan products. Familiarity with tax-exempt bond financing for property acquisitions. Due Diligence: Conduct thorough financial due diligence for potential affordable housing opportunities, evaluating financial viability and risk assessment including securing predevelopment funding. Regulatory Compliance: Stay updated with federal, state, and local regulations related to affordable and supportive housing finance and Community Care Licensing (Title 22), ensuring compliance with all applicable requirements. Corporate Finance Support: Assist in ad hoc corporate finance tasks, such as budgeting, forecasting, and financial reporting for the overall organization. Financial Reporting: Prepare comprehensive financial reports and presentations for senior management and stakeholders, conveying project performance and financial projections. Risk Management: Assess and mitigate financial risks associated with affordable housing development projects. Complete Refinances and Conversions. Qualifications
Bachelor's degree in Finance, Real Estate, Business Administration, or a related field (Master's degree is a plus). Minimum of 5 years of experience in finance, with a focus on finance related to affordable housing In-depth knowledge of affordable housing financing mechanisms, including LIHTC and tax-exempt bonds. Strong financial modeling skills with the ability to perform complex financial analysis. Exceptional communication and negotiation abilities to collaborate with various stakeholders effectively. Experience with 8609s and conversions Proficiency in financial software and Microsoft Office Suite. Comprehensive benefits package, including health, dental, and vision insurance. Retirement savings plan with company match. Opportunities for professional development and career growth. Beautiful co-working space in downtown Oakland (this is an in office position with opportunities for hybrid work) About Us
SHCLA is a non-profit developer of permanent supportive housing with a pipeline of projects in Alameda County. Our mission is to ease the housing crisis for people living with severe mental health issues by building affordable rental homes and providing on-site wraparound supportive services. Learn more at https://www.shcla.land/ At SHCLA, we celebrate diversity and are committed to creating an inclusive environment for all. We strongly encourage individuals from all backgrounds, including BIPOC, LGBTQ+, people with disabilities, and veterans, to apply. SHCLA is an Equal Opportunity Employer. Job Details
Seniority level: Director Employment type: Full-time Job function: Sales and Management Industries: Non-profit Organization Management
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