Director of Development | Affordable Housing & LIHTC

KM Partners | Affordable Housing Solutions; Los Angeles (CA); On-site; USD 100,000 - 130,000; Full time

Job summary

A growing affordable housing firm in Los Angeles is seeking a Director of Development to lead project execution and drive organizational growth. This unique opportunity allows you to select development and consulting projects that resonate with your interests. The ideal candidate will have over 7 years of experience in affordable housing development and finance, strong problem-solving skills, and the ability to engage effectively with diverse stakeholders while navigating complex regulations.

Qualifications

• 7+ years experience in Affordable Housing Development and/or Finance.
• Experience managing multiple projects simultaneously.
• Understanding of affordable housing complexities and regulatory environment.

Responsibilities

• Coordinate acquisition, due diligence, and feasibility analyses.
• Secure financing and manage loan/grant applications.
• Interact with stakeholders for project approvals and financing.

Skills

Problem-solving skills

Innovative solution orientation

Excellent communication skills

Financial acumen

Analytical skills

Job description

Director of Development | Affordable Housing & LIHTC

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The President & CEO of a growing Affordable Housing Development & Consulting firm in Los Angeles is looking to hire their right hand—someone who can lead project execution and think creatively to build out the organization. This unique role allows you to choose development and consulting projects that align with your interests and values.

About the Client

California‑based Affordable Housing Development and Consulting firm specializing in building and preserving affordable housing through partnerships with developers, public agencies, and community groups. The firm offers full life cycle development services, advisory, strategic planning, and capacity building.

Scope of Responsibilities

• Coordinate acquisition and due diligence, develop feasibility analyses, conduct site assessments, and manage escrow closing and loan disbursement.
• Formulate and execute strategy for successful applications in response to RFPs.
• Review and analyze budgets, proformas, financial statements, environmental reports, market studies, appraisals and other third‑party reports to determine feasibility.
• Coordinate entitlement and land use approval process: supervise consultants, prepare and submit applications, and work with city officials for approvals.
• Secure financing: prepare loan and grant applications (LIHTC, Tax‑exempt Mortgage Revenue Bond, HOME, AHP and similar programs), work with public agencies and lenders, and direct closing of financing.
• Interact with equity, title, lender, legal, construction, property management and vendors to ensure timely and efficient closing.
• Coordinate design with architect to develop program requirements, establish vision, and ensure operational needs are met.
• Manage construction administration: oversee budget, attend job‑site meetings, and coordinate Owner’s Representative.
• Coordinate transition to operations: work with Property Management on lease‑up, close‑out, and punch‑list.
• Provide administrative support and performance other duties as needed.
• Assist in forming limited partnerships and LLCs, obtain resolutions, EIN, and DUNS numbers.
• Build and implement operational systems, workflows, and tools for early‑stage growth.
• Create standardized project management templates, checklists, and reporting structures.
• Establish document control systems for contracts, plans, change orders, and approvals.
• Support leadership in scaling internal operations with focus on repeatability and efficiency.
• Provide additional administrative support and duties as requested.

Ideal Candidate Profile

• 7+ years experience in Affordable Housing Development and/or Finance.
• Strong problem‑solving skills and innovative solution orientation.
• Excellent verbal and written communication skills for diverse stakeholders.
• Experience with federal, California, and local government funding sources and agencies.
• Demonstrated project management experience managing multiple projects simultaneously.
• Understanding of affordable housing complexities and regulatory environment.
• Strong financial acumen and analytical skills.

Recruiter

KM Partners – national Executive Search and Professional Recruitment practice focused on high‑growth, impact‑investment‑oriented businesses in Real Estate, Clean Energy, Sustainable Infrastructure, and related services. They specialize in Tax Credits (LIHTC, NMTC, Historic, & Renewable), Multifamily, Affordable, and Senior Housing.