Project Developer I or II - Affordable Housing

Mercy Housing, Inc.

$85K — $130K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting, Economics, Planning, or related field.
  • Two years of experience in low-income housing development for Project Developer I.
  • Five years of experience in low-income housing development for Project Developer II.
  • Master's Degree or Certification in Real Estate Development is preferred.
  • Strong time management, organizational, communication, and relationship management skills.

Responsibilities

  • Review potential sites for new construction or acquisition opportunities.
  • Lead application processes and resolve issues with stakeholders.
  • Prepare detailed feasibility analyses for projects.
  • Coordinate effectively with architects and contractors throughout development.
  • Anticipate project needs and suggest solutions with minimal supervision.
  • Engage with civic and religious organizations to support low-income housing.
  • Negotiate consultant contracts and manage administrative approvals.

Benefits

  • Choice of several healthcare plans, including dental and vision coverage.
  • Earn 15 days of PTO plus 12 holidays and 2 floating holidays in the first year.
  • 403b retirement plan with employer matching.
  • Early close on Fridays and holidays for additional paid time off.
  • Paid time off for volunteering and parental or caregiver leave.
  • Employer-paid life insurance and free employee assistance plan options.
  • Pet insurance options available.
Full Job Description
We are currently looking for an Affordable Housing Project Developer I or II (dependent on experience level) to lead the finance, development, and acquisition of affordable, multi-family housing.

The successful Project Developer will be connected with the affordable housing community in the region, and will serve as a resource for other team members.

This is a hybrid role.

Pay: $85,000-130,000 annually, dependent on experience.

Benefits

  • Several Healthcare plans to choose from, dental (option for free basic dental) and vision
  • 15 days of earned PTO your first year, 12 company holidays + 2 floating holidays.
  • 403b + match
  • Early close Fridays (3 paid hours each Friday)
  • Early close prior to a holiday (3 paid hours)
  • Paid Time off between Christmas and New Year's Holiday
  • Paid time off to volunteer
  • Paid parental & caregiver leave
  • Employer paid life insurance
  • Free Employee Assistance Plan
  • Pet Insurance options


Job Description

Duties

Project Developer I

  • Review sites or projects for potential development of new construction, complexes for potential acquisition, or potential re-syndication opportunities.
  • Lead others in the application process and fully navigate through Mercy's approval process. Engages and solves issues directly with internal/external parties.
  • Prepare feasibility or project analysis responding to project criteria. Includes identification of needs, project risks, property rehabilitation needs, population served, financial feasibility, and community plan as needed.
  • Execute job tasks (duties) with final review by Project Developer II or higher.
  • Provide on-going coordination between architects, contractors, and other members of the project development team.
  • Other duties as assigned.


Project Developer II

  • Review sites for potential development of new construction or complexes for potential acquisition.
  • Prepare feasibility analysis responding to project criteria. Includes identifying needs, population served, financial feasibility, and community plan as needed.
  • Perform tasks necessary to obtain all approval i.e., submission of land use, and permit application, attendance at hearings, neighborhood meetings, and foster a team approach to obtaining neighborhood acceptance, where required.
  • Provide ongoing coordination and effectively communicate with architects, contractors, and other members of the project development team.
  • Anticipate project needs and make suggestions under minimal supervision.
  • Work with other organizations within the housing development, civic and religious communities to create opportunities and support for low-income housing development.
  • Complete a variety of discretionary and administrative approvals.
  • Lead role in negotiating consultant contracts.
  • Other duties as assigned.


Minimum Qualifications

  • Bachelor's Degree in Finance, Accounting, Economics, Planning, or related field.
  • Project Developer I: Two (2) years of experience in low-income housing development work.
  • Project Developer II: Five (5) years of experience in low-income housing development work.


Preferred Qualifications

  • Master's Degree in Finance, Accounting, Economics, Planning, or related field.
  • Certification in Real Estate Development.


Knowledge and Skills

  • Strong time management and organizational skills with attention to detail and accuracy.
  • Superior written and verbal communication and relationship management skills.
  • Highly effective problem-solving and flexibility while remaining focused on solutions.
  • Advanced proficiency with MS Word, Excel, Outlook, and PowerPoint.


This is a brief description summarizing the abilities and skills needed for the position. Mercy Housing is a fair chance employer; while we conduct background checks for all positions, we will consider qualified applicants with arrest and conviction records.

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