Executive Vice President of Development (Chief Development Officer), INLIVIAN

COMPANY:

Established in North Carolina in 1939, INLIVIAN’s mission is to create innovative housing solutions in desirable communities for residents of diverse incomes and facilitate access to services to help them succeed.

For more information, please visit www.inlivian.com

REPORTS/RELATIONSHIPS:

This position will report directly to the Chief Executive Officer.

BASIC FUNCTIONS:

The Executive Vice President of Development has the overall responsibility for managing the operations and administration of the Real Estate Development Department. Critical functions of this position include real estate development, multi-family design, construction, finance, program administration, and federal, state, and municipal regulatory compliance. The Executive Vice President of Development provides leadership and direction in the Strategic Asset Model (“SAM”) and facilitates increased operational effectiveness and efficiency due to an ongoing and changing regulatory environment in order to develop affordable housing and be responsive to community affordable housing needs.

Specific duties will include, but not necessarily be limited to:

  • Direct, plan, and monitor programs of acquisition, development, and rehabilitation; direct the strategy of repositioning existing properties by overseeing the Strategic Asset Model.
  • Oversee the development, implementation, and evaluation of policies, procedures, and guidelines for the programs and operations of the Real Estate Development Department.
  • Hold primary responsibility for creating redevelopment strategies and overseeing implementation; execute strategies for making INLIVIAN a self-sustaining real estate organization; meet and maintain production goals.
  • Coordinate efforts with the Senior Vice President of Development, Senior Vice President of Asset Management, Senior Vice President of Construction Administration, and other staff, and confer with the Associate Attorney and General Counsel to ensure effective communication of development status and needs.
  • Meet or confer with prospective development partners and property owners in order to evaluate opportunities for affordable housing ventures.
  • Engage in activities that identify and pursue appropriate funding to support affordable housing goals, monitor market conditions, and review opportunities for refinancing of properties.
  • Serve as primary INLIVIAN real estate representative with partners, interfacing regularly with executive management of local, state, and national public officials, as well as local development and other partners and key stakeholders; facilitate the resolution of issues between key stakeholders.
  • Oversee and monitor the department’s operating budget.
  • Act as lead in developing department’s annual scorecard.
  • Review and evaluate staff work/projects; review and approve all staff documentation/applications/reports before submitting them to the CEO for execution.
  • Recommend the best alternatives on transactions involving new developments, acquisitions and dispositions, development budgets, and pro formas; ensure deadlines are maintained.
  • Prepare written reports, oversee HUD quarterly reporting, revitalization plan amendments, and grants closeout process.
  • Conduct presentations to CEO and Board of Commissioners.
  • Perform site visits to review work in progress or for inspection purposes.

REQUIREMENTS:

  • Nine years of professional experience in design, development project management, or preferably, affordable housing development, with progressively increasing responsibility required.
  • Thorough knowledge of the real estate development process, HUD-assisted housing programs, mixed-finance programs, and processes.
  • Knowledge of rental housing design, construction, and financing.
  • Ability to develop feasible public-private affordable housing developments.
  • Ability to read and interpret building plans, site plans, and blueprints.
  • Ability to collect and analyze data.
  • Ability to evaluate and prepare professional and technical reports, grant applications, and other documents.
  • Ability to deal effectively with sensitive and confidential information.
  • Ability to establish and maintain effective, professional, and tactful working relationships with co-workers and persons outside the Agency.
  • Bachelor’s degree from a four-year accredited college or university with a major in real estate, business administration, urban planning, or a related field; relevant experience in design, construction, or complex affordable housing development may be substituted for formal education requirements.

COMPENSATION:

Compensation will be commensurate with experience, including a competitive base salary, bonus opportunity, and competitive benefits package.

 

CONTACT INFORMATION:

Gregory Lynn Tennent
704-377-0362