Director of Real Estate Development

Vancouver Housing Authority

$134K — $195K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in architecture, engineering, finance, urban planning, business administration, real estate development, planning, public policy, or related field.
  • Five years of experience in affordable housing development, public finance, or a similar area.
  • Over three years of management and supervisory experience.
  • Public agency experience is preferred.
  • Valid driver's license and access to a vehicle required.

Responsibilities

  • Lead efforts to acquire, construct, and renovate affordable and mixed-income properties.
  • Conceptualize and implement complex real estate projects including public-private partnerships.
  • Manage a department of nine staff, providing leadership and guidance.
  • Act as subject matter expert in affordable housing development and financing.
  • Support VHA's strategic and operational objectives in real estate development.

Benefits

  • 100% paid medical and vision coverage for employees, with 85% for dependents.
  • 100% paid dental coverage for employees.
  • Up to 26 days of paid time off in the first year, with 13 vacation and 13 sick days.
  • 12 paid holidays per year.
  • Participation in Washington PERS (Public Employee Retirement Systems) is required.
Full Job Description
The Vancouver Housing Authority (VHA) is looking for a Director of Real Estate Development. This is a tremendous opportunity for a mission-driven affordable housing developer to lead a talented and energetic team of nine staff as they help VHA build our portfolio from approximately 4,000 apartments today to over 5,000 apartments by the end of the decade.

A tremendous opportunity for a mission-driven affordable housing developer. The Vancouver Housing Authority (VHA) has an active pipeline of 4% and 9% Low Income Housing Tax Credit developments, as well as an acquisition strategy that utilizes our ability to issue tax-exempt bonds. We are also exploring innovative public/private partnerships to further increase our development capacity.

About this Opportunity

The Director of Real Estate Development functions as a member of Leadership and supports the VHA's strategic and operational objectives in the following ways:
  • Leads the agency's efforts to acquire, construct, and substantially renovate affordable and mixed-income properties.
  • Conceptualizes and implements complex real estate projects such as portfolio repositioning, public-private partnerships, RAD for PRAC conversions, etc.
  • Acts as VHA's subject matter expert on affordable housing development and financing and manages a department of nine staff.

Pay and Benefits
  • In compliance with the Equal Pay & Opportunities Act, the full salary range for this position is $134,880 to $195,552. Starting salary is determined by the required qualifications for the role and the candidate's relevant experience.
  • This is a full-time exempt position working primarily in the office Monday through Friday.
  • We offer a generous contribution toward health care: 100% paid for employees' only medical and vision coverage, 85% paid for dependent tier coverage. 100% paid for dental.
  • Up to 26 days of accrued paid time off annually in the first year (13 vacation/13 sick days), and 12 paid holidays.
  • This position is required to participate in Washington PERS (Public Employee Retirement Systems).


Requirements

  • BA in architecture, engineering, finance, urban planning, business administration, real estate development, planning, public policy, or related field.
  • Five years of related experience in affordable housing development, public finance, or an equivalent combination of education and experience.
  • Over three years of management, administrative, and supervisory responsibility.
  • Public agency experience preferred.
  • Valid driver's license and access to an automobile required.

A cover letter and resume are required when applying for this position. For more information on the Vancouver Housing Authority, please visit our website at www.vhausa.com. Please note that those candidates deemed to match our requirements best will be contacted for an interview. We do not discuss application status during the selection process. Applications will be reviewed as they come in.

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