Deputy Director

ANAWIM; Des Moines (IA); On-site; USD 100,000 - 135,000; Full time

Job summary

Anawim Housing seeks a Deputy Director in Des Moines to lead strategic development, risk management, and financial oversight for affordable housing programs. This role partners with the President and Finance Director to align LIHTC deals, debt structures, and HUD-funded services with the organization’s mission and growth goals.

The successful candidate will direct multi-year capital plans, manage complex real estate transactions, and ensure compliance across regulatory agreements, tax documents,

Qualifications

• Bachelor’s degree in Business Admin, Finance, Real Estate, Public Administration, Non-Profit Management, or related field.
• 7–10+ years in affordable housing, commercial real estate development, or public finance.
• 3–5 years supervising multi-disciplinary teams (HUD experience preferred).
• Strong written and verbal executive communications.

Responsibilities

• Lead financial modeling and proforma evaluation for real estate developments and acquisitions.
• Navigate capital stacks, loans, soft funds, and grants.
• Oversee LIHTC properties, investor compliance, and exit strategies.
• Oversee tax document reviews and alignment of partnership agreements.
• Manage banking relationships and project financing capabilities.
• Direct housing development projects from feasibility to lease-up.
• Coordinate cross-functional handoffs between development and property management.

Skills

Leadership

Strategic planning

Financial oversight

Executive communications

Real estate development

LIHTC knowledge

Education

Bachelor’s degree in related field

Job description

Deputy Director

All Des Moines, IA, US

JOB DESCRIPTION

POSITION: DEPUTY DIRECTOR FLSA STATUS: EXEMPT

DEPARTMENT: GENERAL DIRECT REPORTS: HOUSING PROGRAMS

REPORTS TO: PRESIDENT

SUMMARY:

The Deputy Director serves as a senior executive leader responsible for supporting organizational growth, programmatic excellence, and long-term financial health. Reporting directly to the President, this role exercises strategic and operational oversight across real estate development, Low-Income Housing Tax Credit (LIHTC) deals, debt/equity capital structures, banking relationships, corporate risk management, and HUD-funded direct service housing programs. Working in close partnership with the Director of Finance, the Deputy Director aligns real estate transactions, compliance mandates, and operational strategies to advance the organization's affordable housing mission.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

The following duties are normal for this position. These are not to be construed as exclusive or all inclusive. Other duties may be required and assigned.

• Lead financial modeling, evaluation, and strategic review of proformas for new real estate developments, property acquisitions, and refinancings.
• Navigate complex capital stacks, permanent loans, bridge financing, soft funds, and grant allocations.
• Manage the lifecycle of LIHTC properties, including investor partnership compliance, Year-15 resyndications, investor exits, and ownership transitions.
• Oversee tax document reviews and ensure structural alignment across partnership agreements, regulatory agreements, and operating entities.
• Maintain, cultivate, and expand core institutional banking relationships to optimize debt terms, credit facilities, and project financing capabilities.
• Manage housing development projects from initial feasibility and site control through financing closing, construction oversight, and lease-up completion.
• Serve as the primary operational liaison with architectural partners, general contractors, legal counsel, local municipal entities, and housing authorities.
• Coordinate cross-functional handoffs between development and property management teams for seamless property transitions.

3. Direct Service Oversight (HUD-Funded Programs)

• Provide executive oversight and strategic support for all direct service programs funded through HUD grants (e.g., Permanent Supportive Housing, Continuum of Care).
• Ensure programmatic reporting, data integrity (HMIS), participant file audits, and grant compliance satisfy federal, state, and local standards.
• Align HUD program operations and staffing workflows with organizational financial targets and housing stability goals.

4. Risk Management & Business Insurance Operations

• Oversee all corporate, organizational, and property-level business insurance policies (e.g., commercial property, general liability, director & officer, umbrella, workers' compensation).
• Lead annual insurance renewals, broker relationships, market reviews, and coverage strategy to ensure adequate risk protection across the portfolio and operations.
• Direct the processing, tracking, and follow-up for property damage insurance claims, coordinating closely with property management, maintenance staff, insurance adjusters, and lenders/investors.
• Monitor loss runs and risk exposure to optimize policy terms, maintain lender compliance, and manage deductible impacts on operational cash flow.
• Partner directly with the Director of Finance to integrate real estate development proformas, program budgets, and debt service compliance into overall corporate financial forecasting.
• Conduct long-term forecasting of cash flow and liquidity management across the property portfolio.
• Serve as the primary financial liaison to lenders, syndicators, and equity investors.

6. General

• Assures all work performed is done in accordance with OSHA safety standards and those established by Anawim Housing.
• Assures that all work performed meets Anawim Housing’s standards for customer service, accuracy, quality and efficiency.
• Establish and maintain an effective working relationship with employees, vendors, clients, tenants, equity partners and the financing authority.
• Other duties as assigned.

QUALIFICATIONS:

• Bachelor’s degree in Business Administration, Finance, Real Estate, Public Administration, Non-Profit Management, or related field required.
• Experience:
  • 7–10+ years of progressive leadership experience in affordable housing, commercial real estate development, or public finance.
  • Demonstrated track record of closing complex real estate deals involving LIHTC, multi-layered debt, and public subsidies.
  • Minimum 3–5 years supervising multi-disciplinary teams or direct service programs (HUD experience strongly preferred).
• High-level strategic planning, senior bank negotiation, multi-entity financial oversight, project management expertise, and strong written and verbal executive communications.

REQUIRED KNOWLEDGE:

• LIHTC & Capital Stacks: Advanced understanding of Low-Income Housing Tax Credits (4% and 9%), tax-exempt bonds, FHLB subsidies, HOME/CDBG funds, and complex real estate capital structuring.
• HUD Grants & Regulations: In-depth knowledge of HUD compliance standards, CoC grant mechanics, compliance reporting, and housing-first service models.
• Corporate Risk & Real Estate Insurance: Comprehensive grasp of commercial property and liability insurance structures, claims processes, lender insurance requirements, and portfolio loss control strategies.
• Financial Modeling & Accounting: Mastery of real estate financial modeling, proforma auditing, cash flow forecasting, and multi-entity nonprofit financial structures.
• Valid driver’s license and good driving record.

ENVIRONMENTAL CONDITIONS:

The work is performed in a typical office or administrative environment as well as tenant apartments and outside. The worker could be exposed to adverse environmental conditions.

PHYSICAL REQUIREMENTS:

• Driving, climbing, stooping, kneeling, crouching, walking, lifting, reaching, talking, hearing, grasping and finger dexterity, repetitive motions.
• Sitting approximately 50 percent of the time.
• Standing approximately 20 percent of the time.
• Walking approximately 20 percent of the time.
• Driving approximately 10 percent of the time.
• Requires the exertion of up to 10 pounds of force continuously.
• Up to 50 pounds of force infrequently to lift or otherwise move objects.

VISION REQUIREMENTS:

The minimum standard for use with those whose work deals largely with preparing and analyzing data and figures, accounting, transcription, computer terminal, and extensive reading.

EQUAL OPPORTUNITY EMPLOYER:

Anawim Housing is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act, Anawim Housing will provide reasonable accommodations to qualified individuals and encourages prospective employees and incumbents to discuss potential accommodations with the employer.

Anawim Housing reserves the right to change this job description at any time.