Real Estate Development Officer

Inn At Village Square; Portland (ME); On-site; USD 80,000 - 90,000; Full time

Benefits offered by this job

Health & dental plans

401(k) match

Paid holidays

Paid time off

Tuition reimbursement

Professional development

Wellness services

Employee referral bonus

Job summary

Avesta Housing is seeking a Development Officer to expand and preserve high-quality, affordable multifamily housing across Maine and New Hampshire.

You will lead projects from feasibility to financing, design, construction, and operations, coordinating internal teams, budgets, timelines, and partners to deliver strong community outcomes.

Qualifications

• Bachelor’s Degree required; Master’s Degree preferred.
• Thorough knowledge of multifamily housing finance and pro formas.
• Understanding of the real estate development process and regulatory steps (land acquisition, zoning, environmental review).
• At least 3 years of financial underwriting, project management, or real estate development experience.
• Experience with LIHTC, HUD, RD, or state housing finance agencies.

Responsibilities

• Lead development projects from feasibility through financing, design, construction, and transition to operations.
• Collaborate with internal teams and external partners, manage budgets and timelines.
• Navigate public approvals and complex financing structures to deliver successful outcomes.
• Support Avesta’s mission to improve lives by creating safe, affordable homes for people in need.

Skills

Project management

Financial underwriting

Organizational skills

Problem solving

Communication skills

Analytical thinking

Ability to work under pressure

Education

Bachelor’s Degree

Master’s Degree in real estate, urban planning, finance, business, or related field

Job description

Description

Are you driven by the opportunity to turn complex ideas into real homes that strengthen communities? Do you thrive at the intersection of finance, planning, and partnership—bringing affordable housing developments from concept to completion? Avesta Housing is seeking a motivated and detail-oriented Development Officer to help expand and preserve high-quality, affordable multifamily housing across Maine and New Hampshire.

In this critical role, you’ll lead development projects from early site feasibility through financing, design, construction, and transition to operations. You’ll collaborate with internal teams and external partners, manage budgets and timelines, and navigate public approvals and complex financing structures to deliver successful outcomes. Every project you advance will directly support Avesta’s mission to improve lives by creating safe, stable, and affordable homes for people in need.

This Role Is a Great Fit If You

• Enjoy managing multifaceted projects from vision to reality
• Bring strong skills in real estate finance, underwriting, and problem-solving
• Thrive in a collaborative environment with multiple stakeholders
• Want your work to have a lasting, tangible impact on communities

About Avesta Housing

Avesta Housing is a local leader in housing development, property management, and assisted living solutions. Founded in 1972, our nonprofit organization serves individuals and families in need of quality affordable housing in Maine and New Hampshire.

What It’s Like To Work Here

Our team members have positive attitudes, are creative problem-solvers, and share a dedication to housing equity and inclusion for all. Our shared commitment to improving the lives of others and strengthening our communities through affordable housing gives us purpose and inspires our best work. Our workplace culture and continuous opportunities for growth have resulted in Avesta Housing being a popular place to work.

Our employees selected Avesta Housing as a 2025 Best Places to Work in Maine because of our opportunities for career advancement, friendly workplace culture, impressive benefits and compensation, responsive managers, and company values!

The person who is ready for this opportunity will meet the following requirements:

• Strong project management and financial underwriting skills
• Well-organized
• Creative and proactive problem-solver
• Good communication skills, including public comment and presentations
• Excellent analytical skills
• Ability to work under pressure and meet tight deadlines

Requirements

• Bachelor’s Degree required; Master’s Degree in real estate, urban planning, finance, business, or a related field preferred.
• Thorough knowledge of multifamily housing finance including proficiency with pro formas.
• Thorough knowledge of the real estate development process and relevant regulations, including land acquisition, municipal approvals, zoning, environmental review, design, and construction.
• Demonstrated ability to execute successful real estate development projects, manage multiple work streams simultaneously, and operate with a high degree of independence.
• At least 3 years of financial underwriting, project management, real estate development, or other relevant experience.
• Experience with LIHTC, HUD, RD, State housing finance agencies or other housing finance entities

This is a full-time (37.5 hours/week) position, and the annual salary range is $80,000 - $90,000.

Work Location

This position will be in-person at Avesta’s Portland headquarters with an opportunity to move to a hybrid work setup in the future. Additional travel in Maine and New Hampshire will be required, and dependent on the location of development projects.

Benefits

We have excellent employee benefits, including:

• Employer-paid health and dental plans for employees;
• Flexible spending and dependent care accounts;
• 401(k) retirement savings plan with immediate vested match of up to 6%;
• Employer-paid basic life, long-term and short-term disability;
• Free wellness services for benefits-eligible employees and their dependents;
• 13 paid holidays;
• Generous earned time, starting with 22 days in first year of employment;
• Professional development assistance;
• Employee referral bonus program; and
• Tuition reimbursement

Salary Description

$80,000 - $90,000