LIHTC, Development Manager

Macdonald & Company; Salt Lake City (UT); On-site; USD 90,000 - 135,000; Full time

Job summary

Macdonald & Company is partnered with a Salt Lake City affordable housing developer with a 50+ year market presence. They seek a Development Manager to support a robust project pipeline and recent award.

The role spans across finance, construction, and architecture, requiring flexibility and hands-on project management. You will work with municipalities, lenders, investors, and stakeholders to drive projects to stabilization.

Qualifications

• Three or more years in real estate development, ideally with time in affordable housing or multifamily.
• Solid in at least two of development finance, construction, or architecture and design, with financial analysis as either a core strength or a strong secondary skill.
• Experience spanning multiple stages of a project, rather than sitting inside one function, matters more than a specific title history.
• Bachelor’s degree in real estate, finance, construction, architecture, planning, or a related field is preferred.

Responsibilities

• Run projects across the development lifecycle, from early evaluation through construction and stabilization.
• Handle underwriting, budgeting, and feasibility work.
• Coordinate due diligence, design, entitlements, and permitting.
• Work through affordable housing capital structures and complex project financing.
• Manage architects, contractors, and consultants.
• Track construction budgets, schedules, draws, and milestones.
• Work directly with municipalities, public agencies, lenders, investors, and community stakeholders.
• Solve problems as they surface and step into whatever part of a project needs attention.
• Carry projects through lease-up and stabilization.
• Take ownership of both the major decisions and the unglamorous groundwork that gets a project built.

Skills

Development finance

Construction

Architecture & design

Financial analysis

Education

Bachelor’s degree in real estate, finance, construction, architecture, planning, or related field

Job description

Macdonald & Company has partnered with a Salt Lake City affordable housing developer with more than 50 years in the market. The firm is hiring a Development Manager to help carry a pipeline of 13 active projects, plus a development just awarded and more expected.

The Role:

This isn't a role confined to one lane. The firm wants someone who can move across a project's full lifecycle, whether the background is finance, construction, or architecture. What matters more than the starting discipline is the range built since: candidates should be able to work outside their specialty and go wherever a project needs them that week.

Numbers matter here. The hire doesn't need to be a dedicated finance professional but should read a development pro forma comfortably and pair that with strength in another area: construction, design, project management, or execution more broadly.

The existing team already covers finance, construction, and architecture between its members. This hire rounds that group out, not by adding a specialist, but by adding someone who moves between disciplines the way the rest of the team does.

Key Responsibilities:

• Run projects across the development lifecycle, from early evaluation through construction and stabilization
• Handle underwriting, budgeting, and feasibility work
• Coordinate due diligence, design, entitlements, and permitting
• Work through affordable housing capital structures and complex project financing
• Manage architects, contractors, and consultants
• Track construction budgets, schedules, draws, and milestones
• Work directly with municipalities, public agencies, lenders, investors, and community stakeholders
• Solve problems as they surface and step into whatever part of a project needs attention
• Carry projects through lease-up and stabilization
• Take ownership of both the major decisions and the unglamorous groundwork that gets a project built

Target Background:

• Three or more years in real estate development, ideally with time in affordable housing or multifamily.
• Candidates should be solid in at least two of development finance, construction, or architecture and design, with financial analysis as either a core strength or a strong secondary skill.
• Experience spanning multiple stages of a project, rather than sitting inside one function, matters more than a specific title history.
• Beyond the technical base: someone who manages several projects and stakeholders at once without losing track of details, communicates clearly across a collaborative team, and takes a hands-on approach to whatever the day requires. A bachelor's degree in real estate, finance, construction, architecture, planning, or a related field is preferred.

The Draw:

• A substantial pipeline, a team with complementary strengths to learn from, and real ownership of housing that shapes the Salt Lake City market directly.