Director of Affordable Housing Development and Management

HABcore Inc, an organization that has been dedicated to supporting the homeless for 36 years, has an exciting opportunity for a newly created Director of Affordable Housing Development and Management position who will report to the Executive Director. HABcore has been rapidly growing to meet the need for affordable housing and services for the homeless and is looking to expand its capacity to help sustain that growth. This job presents an opportunity to do meaningful, impactful work in an area where a truly tangible difference can be made.

The Director will be responsible for all housing development and property/project management activities. This full-time, exempt position is onsite at our headquarters offices in Tinton Falls, offering flexible scheduling and potential for limited hybrid remote work, based on management discretion.

HABcore believes in investing in its talent and cultivates a positive, team-oriented environment where every voice is valued.

Position Summary:

The Director of Affordable Housing Development and Management manages affordable housing projects in various stages of development. The Director also analyzes potential projects, completes applications for funding, and takes on other projects as needed. This position is responsible for supporting the financing of projects through the lifecycle of project development for current and future properties that are funded through a variety of private, federal, state, and county grants as well as project-generated revenue.

Qualifications:

1. Minimum 5 years’ experience in managing projects and preparing proformas and monitoring reports.
2. Bachelor's degree in a relevant field such as Planning, Real Estate Development, Engineering, Construction Management, or related field preferred.
3. Advanced skills with Microsoft suite, strong analytical and financial modeling skills preferred.
4. Demonstrated experience in financial management, budgeting, and reporting.
5. Strong knowledge of New Jersey affordable housing regulations, rental laws, affordable housing finance and development processes.
6. Firm understanding of the various Government programs for affordable multifamily properties and supportive housing.
7. Thorough knowledge of construction and repair means and methods used in standard multi-family buildings.
8. Understands basic engineering and energy saving concepts, and building science principles.
9. Experience managing multiple projects concurrently and solving problems creatively.
10. Excellent communication, negotiation, and conflict resolution skills.
11. Demonstrated experience managing staff, and evidence of strong people skills.
12. Demonstrated ability to work collaboratively with diverse stakeholders, including tenants, staff, board members, community partners, and development professionals.
13. Willing and able to attend off-site and off-hour meetings and events as required by the role.
14. Valid NJ driver’s license and regular availability of an insured vehicle for travel within the NJ area.

Core Responsibilities:

1. Assist in the selection of sites for future affordable housing and business development, including market research, financing proformas, operating budgets, environmental review, due diligence, and risk assessment.
2. Predevelopment Phase: review schematic design, design development, and construction documents; review prospective projects for energy performance.
3. Secure financing, including overseeing the preparation of funding applications and the closing of loans and equity investments.
4. Establish and maintain relationships with financing partners, government officials, and other real estate stakeholders and funders, as well as municipalities.
5. Oversee the process to identify and select key professionals including architects, contractors, engineers, and other consultants, followed by the design and construction processes.
6. Identify progress of each project against goals, objectives, approved budgets, approved timelines and manage the draw process.
7. Ensure compliance with any Section 3, prevailing wage, and/or Davis-Bacon requirements, as well as applicable building and safety codes.
8. Provide fiscal accountability for the department operation budgets.
9. Ensure legal compliance across the department functions.
10. Interpret and implement applicable government and restricted grant regulations and guidelines, overseeing monitoring and ensuring compliance.
11. Manage the Quality Assurance Program with other directors.
12. Perform annual and routine property inspections in accordance with requirements, ordering materials/supplies/parts as necessary.
13. Monitor the progress of capital work and other repairs.
14. Analyze and assess and monitor building conditions, capital improvement plans and reserves, maintenance practices, energy efficiency, storm resiliency, construction plans, rehabilitation costs, and 3rd party contractors.

Job Type: Full-time

Pay: $80,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• Evenings as needed
• Monday to Friday
• Weekends as needed

Ability to Relocate:

• Tinton Falls, NJ 07701: Relocate before starting work (Required)

Work Location: In person