Development Manager (LIHTC)

Holladay Ventures; Nashville (TN); On-site; USD 90,000 - 100,000; Full time

Job summary

Holladay Ventures in Nashville, TN seeks a high-performing Real Estate LIHTC Development Manager to lead the full development cycle from feasibility to close-out. You will combine financial analysis, project management, and deal sourcing with LIHTC expertise to advance affordable housing projects.

Ideal candidates have 4–6 years in multifamily development with LIHTC, strong modeling skills, and experience coordinating with lenders, designers, and public agencies to meet deadlines and revenue

Qualifications

• Bachelor’s degree required.
• 4–6 years in new construction multifamily development, 3+ years LIHTC.
• Experience across acquisition, financing, design, construction to stabilization.
• Experience with LIHTC funding and grant writing.
• Comfortable with public speaking and community presentations.
• Ability to manage deadlines and multiple tasks.

Responsibilities

• Perform detailed financial analysis and modeling.
• Analyze potential properties, prepare pro formas, coordinate due diligence.
• Negotiate LOIs and purchase contracts with sellers or brokers.
• Prepare responses to RFPs and bid solicitations with financing analyses.
• Oversee development budgets and schedules to meet milestones.
• Collaborate with design/construction teams and consultants.
• Attend progress meetings and review development invoices and draws.
• Monitor lease-up or stabilization efforts.

Skills

LIHTC experience

Financial analysis

Project management

Deal sourcing

Public speaking

Negotiation

Attention to detail

Excel

Word

PowerPoint

Education

Bachelor’s degree

Tools

MS Project

PowerPoint

Excel

Word

Job description

Holladay Ventures is seeking a high-performing, technology-forward Real Estate (LIHTC) Development Manager in Nashville, TN.

The Real Estate (LIHTC) Development Manager will take on a diverse range of responsibilities, combining analytical expertise, project management, and deal sourcing. This position requires a blend of strategic thinking, financial acumen, and adaptability. The ideal candidate will have LIHTC experience and will prioritize immediate Holladay Ventures needs, followed by financial analysis, project management, and deal sourcing.

The Real Estate Development Manager is responsible for managing the entire development process including feasibility analysis, acquisition, deal structuring, design development, financing, public approvals, construction, and close-out. This position involves teamwork, collaboration with colleagues including other real estate development staff and Holladay Ventures’ Land Acquisition, Design and Construction Management, Accounting and Asset Management staff, and with third-party consultants such as legal and design professionals.

Holladay Ventures is anationallyaward-winning real estate development company who specializes in developingimpact-driven affordablehousing solutions that are not only intentionally designed but also make a positive difference in the lives of residents and the environment.

Salary Range: $90,000 - $100,000 + Bonus Structure

Qualifications

• Bachelor’s degree required.

• 4-6 years of new construction multifamily development experience, at least 3 years of experience in LIHTC.

• Experience with all aspects of the real estate development process, from acquisition and financing through design and construction to stabilization.

• Experience with complex, multi-layered real estate financing, preferably with the Federal Low Income Housing Tax Credit Program and affordable housing loan products.

• Knowledge of land use, public financing, and real estate development regulations.

• Experience in applying for LIHTC funding and general grant writing

• Applicant must be comfortable with public speaking and community presentations.

• Experience managing developments under deadlines that required the organizing of multiple tasks and objectives.

• Applicant must have skills and experience in negotiating acquisitions and financing commitments.

• Proficiency with Word and Excel is required; proficiency with MS Project and PowerPoint is preferred.

• Good decision-making skills, judgment, and ability to solve problems

• Detail oriented and task driven

Key Responsibilities

• Perform detailed financial analysis and modeling.

• Analyze potential properties to purchase, including producing proformas and creating written project documents, coordinate due diligence activities, analyze the rental sub-market, and generally support the VP of Development.

• Assist in negotiating potential LOI and purchase contracts with land sellers or brokers.

• Work with team members to prepare responses to requests for proposals and solicitations for bids by collaborating on the creative concept, analyzing the economics and financing structure and preparing proposal materials.

• Prepare development budgets and pro forma operating budgets and manage the development budget throughout the development process to ensure balanced sources and uses, and achievement of HV revenue goals.

• Manage the entitlement/zoning and permitting processes, and related community input and approval processes

• Manage and maintain development schedules to ensure timely completion of development milestones including closing.

• Work closely with design and construction management staff, third-party design professionals and general contractors to generate and refine development plans to produce high quality communities that are both responsive to the needs of our residents and communities and are financially feasible.

• Attend construction progress meetings. Review and approve development-related invoices and draws including change orders.

• Monitor marketing lease-up process to meet or exceed lease-up goals.

• Oversee timely completion of close-out process.

• Conduct thorough site assessments and due diligence to identify viable development opportunities.

• Create detailed project budgets, including cost estimates for land acquisition, design, construction, and other development expenses.

• Present findings and recommendations to senior management and stakeholders to inform decision-making.

Core Values & Ideal Attributes

• Proactive: Anticipatesneeds and takes initiative without being asked.

• Committed: Follows through with excellence and consistency.

• Strategic & Tactical: Thinks ahead while executing flawlessly.

• Integrity: Maintains confidentiality and ethical standards at all times.

• Forward-Thinking: Embraces change and continuouslyseeksbetter ways to work.

• Flexible & Adaptable: Thrives in a fast-moving, evolving environment.

• Emotionally Intelligent & Positive: Brings professionalism, resilience, and calm under pressure.