Director, Construction Risk & LIHTC Housing

Clearpath

United States

Remote

USD 135,000 - 160,000

Full time

9 days ago
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Benefits offered by this job

Health insurance
Paid time off
Retirement plan

Job summary

Enterprise is seeking a Development Risk Management Director to oversee construction risk for LIHTC affordable housing projects. The role monitors progress, resolves issues, supports viability of projects, and may be based in Columbia, MD with flexibility for other locations based on experience.

Ideal candidate holds a Bachelor's in Architecture/Engineering/Construction Management, PE/RA preferred, 2-6 years relevant development risk experience, strong leadership and communication, and

Qualifications

  • Bachelor’s degree in Architecture, Engineering, Construction Management, or equivalent experience is required; master’s degree a plus.
  • Registered Architect or Professional Engineer preferred.
  • 2-6 years of related experience with increasing levels of responsibility, preferably including on-site construction oversight.
  • 2 or more years of Development Risk Management experience with LIHTC funds.

Responsibilities

  • Oversee the collection and review of monthly inspection reports, evaluation of proposed change orders, and review of other construction information for projects in the development phase.
  • Participate in the preparation and upfront review of construction‑related due diligence, including contracts, plans and specifications, and development team qualifications, to support underwriting.
  • Continually evaluate the construction portfolio to identify projects with emerging or existing issues. Coordinate with internal teams to assess impacts and develop solutions that incorporate appropriate mitigation strategies, including cost considerations.
  • Proactively identify issues that may arise during the construction phase, including cost overruns, construction delays, design problems, sponsor/general partner issues, contractor concerns, governmental agency matters, financing difficulties, utility constraints, severe weather, environmental conditions, and other development‑related issues.
  • Interface with proprietary investors to communicate construction risk updates, address project‑level questions, and support alignment on mitigation strategies and project performance.

Skills

Construction oversight
Development risk management
Stakeholder management
Communication skills
Independent work

Education

Bachelor’s degree in Architecture/Engineering/Construction Management
Master’s degree a plus

Job description

Enterprise is seeking a Development Risk Management Director to oversee construction risk for LIHTC affordable housing projects. The role monitors progress, resolves issues, supports viability of projects, and may be based in Columbia, MD with flexibility for other locations based on experience.

Ideal candidate holds a Bachelor's in Architecture/Engineering/Construction Management, PE/RA preferred, 2-6 years relevant development risk experience, strong leadership and communication, and

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