Development Manager

Texarkanaha; Texarkana (TX); On-site; USD 125,000 - 140,000; Full time

Job summary

A housing development organization in Texarkana seeks a Development Manager to lead efforts in developing affordable housing for low-income families. The role demands strong expertise in real estate finance and project management, collaborating with various stakeholders. The ideal candidate will have over 3 years of experience in affordable housing development, alongside exceptional communication skills and attention to detail. Competitive salary between $125,000 and $140,000 based on experience.

Qualifications

• 3+ years of experience in affordable housing development or related field.
• Proficiency in real estate finance and analysis.
• Strong verbal and written communication skills.

Responsibilities

• Collaborate with the Real Estate Development team and external partners.
• Prepare financial projections and budgets.
• Oversee project consultants to ensure successful outcomes.

Skills

Real estate finance

Project management

Excel proficiency

Communication skills

Attention to detail

Job description

Job Title:Development ManagerEmployment Type:Full-Time, Exempt
Salary:$125,000 - $140,000 (depending on experience)
Employee Reports To:Chief Executive Officer
Prepared and Approved by:Interim Executive Director
Date:April 6, 2026
Application Due Date:Open Until Filled

Summary

VCTT is looking to fill the position of Development Manager for Housing Development. Reporting to the Chief Executive Officer, this individual will further VCTT's efforts to develop housing and facilities for low-income and homeless families. They will bring technical expertise and knowledge in several areas - with a key focus on real estate finance and project management. Experience with affordable housing development is essential, with a strong preference for affordable and supportive housing projects in Texarkana, Texas.

Duties/Responsibilities include but are not limited to:

• Work collaboratively with other members of VCTT's Real Estate Development efforts already underway, particularly Finance, Programs, and External Partners.
• Prepare proformas and other projections to create financially viable construction and permanent operating budgets.
• Submit applications for Low Income Housing Tax Credits and other capital financing.
• Communicate and liaise with housing agencies, private lenders, accountants, and other parties.
• Supervise a team of consultants including development consultants (as appropriate), attorneys, architects, engineers, general contractors, and others - to ensure successful project outcomes.
• Assist with construction loan closings, requisitions, and permanent loan conversions, in participation with project partners.
• Other duties as assigned.

Qualifications

• Experience (3+ years preferred) in affordable housing development, real estate finance and analysis, underwriting, project management, or related field.
• High-level Excel proficiency and quantitative aptitude.
• Strong listening and communication skills (both verbal and written).
• Ability to prioritize tasks and pay attention to detail.
• A team player who can work both independently and collaboratively.
• Compensation: $125000-$140000 depending on experience

Pre-Employment Drug Testing and Background Check

Satisfactory results of the pre-employment drug test and background check to include criminal, employment, and educational is required.

Equal Employment Opportunity Policy

VCTT is an Equal Employment Opportunity (EEO) employer and welcomes all qualified applicants. VCTT has established and adopted an Equal Employment Opportunity and Aff... The Agency will not discriminate and will not tolerate discrimination based on race, gender, sexual orientation, marital status, age, religion, color, creed, national origin, ancestry, genetic characteristics, veteran or military status, disability, domestic victim status, or any other factor prohibited by applicable state, federal, or local law. This policy applies to all terms, conditions and privileges of employment including recruiting, hiring, initial periods of employment, job assignments, training and development, promotion, transfer, compensation, benefits, educational assistance, layoff and recall, social and recreational programs, termination and separation.

VCTT Instrumentalities & Affiliates (when engaged)

HCV Services

• Technical Assistance - HCV Program Administration; When engaged & assigned
  • Provide consulting and program management services
  • Interpret and implement new HUD policies and requirements
  • Develop strategies for responding to audit findings
  • Provide customized training based on client needs and assessments
  • Conduct program assessments and process mapping in order to improve program efficiencies, identify training areas, and reduce administrative costs
  • Oversee waiting list openings, including marketing materials, call center, applicant assistance, lottery selection, and applicant notifications
• Technical Assistance - Inspection Services; When engaged & assigned
  • Offer Inspections by HQS- certified and lead-based paint trained inspectors
  • Provide technology tools that create efficient and effective routes
  • Assist Owners and Participants by offering a dedicated Web Portal to access real-time information, including schedules, results and deficiencies
  • Deliver immediate notice to the PHA, owner and tenant for failed inspections via email and mail
  • Provide customer service Call Center
• Technical Assistance - Technology Tools; When engaged & assigned
  • Provide proprietary HCV technology tools to reduce administrative costs and improve efficiency:
  • Applicant Portal for simple online wait list application management
  • Inspection Management System to monitor inspectors, improve communication, and maintain letters and photos in real-time
  • Quality Control Management System to monitor compliance, staff performance, and reduce errors
  • Owner and Participant Portals to manage owner and resident activity