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Jubilee Housing is an innovator in financing and social services for affordable housing communities in the heart of the Nation’s Capital. Since 1973, Jubilee has worked to provide high quality affordable housing and holistic support to those experiencing persistent economic hardship in the Adams Morgan and Columbia Heights neighborhoods of Washington D.C. Jubilee operates 11 properties totaling 464 units of affordable housing, with another four properties and 120 units under development, and offers robust programming for residents and community members pursuing life goals.
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We are seeking a dynamic and experienced Development Manager to join our real estate development business, specializing in affordable housing projects in Washington, DC. Based in our downtown office, the successful candidate will play a pivotal role in the planning, financing, and implementation of a diverse portfolio of projects ranging from financing consulting to the development and management of multi-family deals.
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We specialize in debt financing and tax credit equity for projects that serve a range of affordable housing needs from individuals, families, seniors, students and veterans, to the formerly homeless, those with special needs and other at-risk groups.
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Our client is a nonprofit organization providing information, education and networking opportunities to thought leaders, key level real estate executives and other professionals engaged in building, owning, operating and financing affordable housing.
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Qualifications The ideal candidate will have the following qualifications: Minimum of 7 years of multifamily asset management experience Experience with affordable housing programs (i.e., HUD, Section 8, tax-exempt bonds, and LIHTC) required.
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One member shall be a representative of an organization that advocates for the production, preservation, and rehabilitation of affordable housing for lower-income households. The remaining 3 members shall have significant knowledge of an area related to the production, preservation, and rehabilitation of affordable housing for lower-income households.
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Experience with complex, multi-layered real estate financing, preferably with the Federal Low Income Housing Tax Credit Program and affordable housing loan products. Align is also affiliated with the Clark Construction Group, a $5 billion general contractor whose expertise features housing projects of all sizes and levels of complexity - from affordable to market rate, from stick-built to high-rise.
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Our institutional, public, and non-profit clients are interested in creating workforce housing assets to meet their needs, but the current standard financing approaches are limiting their ability to do so.
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Your role will involve representing nonprofit affordable housing developers in complex real estate development projects, collaborating closely with lenders and investors to structure transactions utilizing various financing sources across California.
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We achieve our mission through small business development and financing, homeownership counseling, tenant services, and affordable housing preservation. LEDC is also a HUD-certified housing counseling agency that helps families in the Metropolitan area, and Baltimore to buy their first home and save their homes from foreclosure by providing group education and one-on-one counseling.
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Research analyze approvals/permits, zoning, engineering plans, improvement estimates, off-site, phase 1 environmental reports, improvements/contributions, soils/geology, wetlands, utilities, affordable housing component/contribution, surveys and building costs.
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