Development Manager

Whf PA; Philadelphia (Philadelphia County); Hybrid; USD 78,000 - 101,000; Full time

Benefits offered by this job

Medical and vision insurance

Dental insurance

Company-paid retirement contributions

Company-paid life insurance

Company-paid disability coverage

Generous paid time off

Employee Assistance Program

Tuition reimbursement

Wellness Reimbursement Program

Job summary

Mission First Housing Group in Philadelphia seeks a Development Manager to lead planning, financing, and execution of affordable housing developments. You will support all phases from conception through operations in a collaborative environment aimed at community development.

Reporting to the Senior VP of Real Estate Development, you will coordinate the pre-development process, analyze financing scenarios, and manage team collaborations with architects, attorneys, and lenders to deliver funded

Qualifications

• Bachelor's degree in Finance, Business, Law, Planning, Real Estate, or a related field (equivalent professional experience may be considered).
• Minimum of 3 years of affordable housing development experience.
• Strong financial analysis and modeling skills, including advanced Excel proficiency.
• Excellent project management, organizational, and multitasking abilities.
• Strong written and verbal communication skills.
• Ability to manage complex projects, budgets, timelines, and multiple stakeholders simultaneously.

Responsibilities

• Coordinate affordable housing pre-development process from feasibility through design and permitting in conjunction with Senior Development Managers.
• Complete financial and feasibility analyses for proposed development scenarios, make recommendations to senior development staff on financing structures and feasibility.
• Engage and coordinate the work of the project team under the leadership of the Senior Development Manager, including architect, civil engineer, attorney, environmental consultants, general contractor, etc.
• Respond to RFPs and prepare applications for project funding, including pre-development, construction, permanent financing, and subsidy; submit related applications and documentation as required by public and private lenders.
• Manage financing process, from application to closing, including due diligence checklists and document coordination.
• Coordinate with the team through the construction process, including assisting with preparation of construction draw requests as needed and submit status reports to funders as required. Prepare closeout reports for property management and asset management.
• Monitor and assist asset management and property management through lease-up and transition to occupancy phase, including preparation of placed in service packages, coordination in internal team calls regarding property stabilization.
• Support the work of the development team across the footprint, including preparing reports for internal and external stakeholders, tracking pre-development costs, facilitating responses for and to other business lines within Mission First.

Skills

Finance

Affordable housing

Excel

Project management

Communication

Stakeholder management

Education

Bachelor's degree in Finance/related field

Job description

Explore career opportunities across the housing and finance industry. This page features organizations, programs, and job resources to help you discover your next step.

What We're Looking For in a Development Manager:

Required Qualifications

• Bachelor's degree in Finance, Business, Law, Planning, Real Estate, or a related field (equivalent professional experience may be considered).
• Minimum of 3 years of affordable housing development experience.
• Strong financial analysis and modeling skills, including advanced Excel proficiency.
• Excellent project management, organizational, and multitasking abilities.
• Strong written and verbal communication skills.
• Ability to manage complex projects, budgets, timelines, and multiple stakeholders simultaneously.

Preferred Qualifications

• Master's degree in a related field.
• Experience with affordable housing finance programs and funding sources, including:
• Low-Income Housing Tax Credits (LIHTC)
• Tax-Exempt Bond Financing
• Federal, state, and local housing programs
• Experience working with legal, finance, design, construction, or development teams.

Skills & Competencies

• Passionate about affordable housing and community development
• Detail-oriented and highly organized
• Self-motivated and able to work independently
• Collaborative and relationship-focused
• Curious, adaptable, and eager to learn
• Effective at problem-solving and meeting deadlines

Description

We are seeking a Development Manager to help lead the planning, financing, and execution of affordable housing developments throughout our portfolio. This is an exciting opportunity for a real estate development professional who thrives in a collaborative environment and is eager to make a meaningful impact through community development.

Reporting to the Senior Vice President of Real Estate Development, the Development Manager will support all phases of the development process, from project conception and pre-development through construction, lease-up, and transition to operations.

What You'll Do as a Development Manager:

• Coordinate affordable housing pre-development process from feasibility through design and permitting in conjunction with Senior Development Managers.
• Complete financial and feasibility analyses for proposed development scenarios, make recommendations to senior development staff on financing structures and feasibility.
• Engage and coordinate the work of the project team under the leadership of the Senior Development Manager, including architect, civil engineer, attorney, environmental consultants, general contractor, etc.
• Respond to RFPs and prepare applications for project funding, including pre-development, construction, permanent financing, and subsidy; submit related applications and documentation as required by public and private lenders.
• Manage financing process, from application to closing, including due diligence checklists and document coordination.
• Coordinate with the team through the construction process, including assisting with preparation of construction draw requests as needed and submit status reports to funders as required. Prepare closeout reports for property management and asset management.
• Monitor and assist asset management and property management through lease-up and transition to occupancy phase, including preparation of placed in service packages, coordination in internal team calls regarding property stabilization.
• Support the work of the development team across the footprint, including preparing reports for internal and external stakeholders, tracking pre-development costs, facilitating responses for and to other business lines within Mission First.

Salary & Benefits

Location: Philadelphia, PA (hybrid)
Schedule: Full-Time
Pay Range: $77,800 – 101,200

Why Join Us?

At Mission First Housing Group, your work has a purpose. We offer a supportive team environment, opportunities to strengthen your maintenance skills, and a competitive benefits package that may include:

• Medical and vision insurance
• Dental insurance
• Company-paid retirement contributions through our 403(b) plan
• Company-paid life insurance
• Company-paid short- and long-term disability coverage
• Generous paid time off
• Employee Assistance Program
• Tuition reimbursement
• Wellness Reimbursement Program

Benefits and eligibility may vary based on employment status.

Company

Mission First Housing Group develops and manages affordable, safe and sustainable homes for people in need, with a focus on the vulnerable. We ensure our residents have access to resources to help them live independently. We deliver housing that provides long-term benefits to residents and neighborhoods, alike.