Director of Affordable Housing Acquisitions & Development

LIHTC Leaders; Miami (FL); On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

Base Salary

Performance Bonus

Medical benefits

Dental & Vision

Legal services

FSA

Commuter Benefits

Life and Disability Insurance

401k Matching

Upward Mobility

Wellness programs

Paid time off

Tuition Reimbursement

Professional Development

Job summary

The Director of Acquisitions & Development will lead the sourcing, underwriting, and development of affordable multifamily housing projects, driving growth of the company’s LIHTC portfolio. This role requires a strong network with brokers, developers, and industry professionals and a proven ability to close complex transactions.

The ideal candidate has at least 10 years in real estate acquisitions and development, with deep LIHTC, Section 8, and tax-exempt bond financing knowledge, and can

Qualifications

• Minimum of 10 years of real estate acquisitions and development experience, including substantial affordable housing experience.
• Experience with LIHTC, Section 8 housing, and tax-exempt bond financing.
• Proven track record of sourcing, underwriting, negotiating, and closing real estate acquisitions or development transactions.
• Established relationships with real estate brokers in the affordable housing industry.
• Strong understanding of affordable housing capital structures, real estate underwriting, and project feasibility.
• Experience coordinating complex transactions with legal, financial, development, and public-sector professionals.
• Excellent negotiation, analytical, communication, organizational, and project management skills, with the ability to manage multiple projects and independently drive transactions from origination through closing.
• Travel as needed

Responsibilities

• Source and evaluate affordable multifamily acquisitions, preservation opportunities and rehabilitation projects.
• Maintain relationships with brokers, property owners, developers, and other industry contacts to generate deal flow.
• Conduct underwriting, market analysis, feasibility studies, and investment evaluations.
• Negotiate letters of intent, purchase and sale agreements, and other transaction documents; present investment opportunities to executive leadership.
• Oversee all due diligence for property acquisitions.
• Oversee projects from feasibility evaluation through acquisition, financing, closing, construction, and stabilization.
• Coordinate with architects, engineers, general contractors, attorneys, consultants, and property management teams.
• Monitor development budgets, schedules, milestones, and financial performance; resolve permitting, environmental, construction, and financing challenges.
• Ensure projects meet approved budgets, schedules, investment objectives, and affordability requirements.
• Maintain knowledge of applicable federal, state, and local affordable housing programs, regulations, and financing requirements.
• Work with housing finance agencies, housing authorities, municipalities, and other public agencies to secure funding, approvals, and development incentives.
• Collaborate with executive leadership and internal finance, legal, construction, and asset management teams to advance the development pipeline.

Skills

Real estate acquisitions

Real estate development

LIHTC experience

Section 8 housing

Tax-exempt bond financing

Negotiation

Analytical skills

Communication

Project management

Relationship building

Travel

Education

Bachelor's degree in Real Estate, Finance, Business, Accounting, or related field

Job description

The Director of Acquisitions & Development will lead the sourcing, underwriting, and development of affordable multifamily housing projects, driving growth of the company’s LIHTC portfolio. This role requires a strong network with brokers, developers, and industry professionals and a proven ability to close complex transactions.

The ideal candidate has at least 10 years in real estate acquisitions and development, with deep LIHTC, Section 8, and tax-exempt bond financing knowledge, and can