Senior Development Project Manager - Affordable Housing

Specialty Consultants Inc.; California; Remote; USD 120.000 - 190.000; Vollzeit

Zusammenfassung

SCI is actively seeking a Senior Project Development Manager to drive LIHTC acquisition–rehab and 4% preservation deals for a national affordable housing platform. You will source, underwrite, structure, and close complex transactions with direct exposure to the full capital stack.

The role supports a high-volume pipeline across CA, TX and other states, with flexibility for remote work. Candidates should demonstrate self-direction, entrepreneurial drive, and a track record of closing multi-state

Qualifikationen

• Direct responsibility for leading LIHTC transactions from sourcing through closing.
• Strong track record in acquisition-rehab and 4% LIHTC preservation.
• In-depth knowledge of LIHTC, FHA and agency financing, HUD programs.

Aufgaben

• Sourcing multifamily affordable housing opportunities nationally through direct outreach to owners, brokers, housing authorities, and nonprofit sponsors.
• Underwriting and financially modeling acquisition and development opportunities, including cash flow, valuations, and JV structuring.
• Leading negotiations across all deal counterparties — sellers, municipalities, HFAs, lenders, syndicators, and equity investors — and driving transactions to close.
• Reviewing and negotiating transaction documents including PSAs, LPAs, loan documents, tax credit equity docs, and HAP contract assignments.
• Remaining engaged post-closing through rehab, lease-up, and stabilization — monitoring LIHTC compliance milestones through 8609 issuance.

Kenntnisse

LIHTC experience

Acquisition experience

Financial modeling

Negotiation skills

Multi-state closings

Jobbeschreibung

SCI, the Leader in Real Estate Executive Search® has been retained to recruit a Senior Project Development Manager for one of the most active affordable housing investment platforms in the country — a national owner and fund manager, with a portfolio of 17,000+ units across 90+ properties in 12 states, over $3 billion in investments and $800mm of equity deployed.

This is a high-deal-flow role on a dedicated Tax Credit Development and Preservation team, focused primarily on acquisition-rehab and 4% LIHTC preservation transactions nationally. The incoming Manager will own deals end-to-end — from sourcing through structuring, diligence, and closing — with a high degree of autonomy and direct exposure to the full 4% LIHTC capital stack.

Our client is a collaborative, team-oriented platform where the work is meaningful, the deal flow is real, and the autonomy is genuine.

The role may work remotely and ideal candidates have experience transacting in CA and TX.

KEY RESPONSIBILITIES

• Sourcing multifamily affordable housing opportunities nationally through direct outreach to owners, brokers, housing authorities, and nonprofit sponsors
• Underwriting and financially modeling acquisition and development opportunities, including cash flow, valuations, and JV structuring
• Leading negotiations across all deal counterparties — sellers, municipalities, HFAs, lenders, syndicators, and equity investors — and driving transactions to close
• Reviewing and negotiating transaction documents including PSAs, LPAs, loan documents, tax credit equity docs, and HAP contract assignments
• Remaining engaged post-closing through rehab, lease-up, and stabilization — monitoring LIHTC compliance milestones through 8609 issuance

REQUIREMENTS

• Affordable housing acquisitions or development experience with direct responsibility for leading LIHTC transactions from sourcing through closing
• Strong track record in acquisition-rehab and 4% LIHTC preservation; developer-side experience preferred
• In-depth knowledge of LIHTC, FHA and agency financing, and HUD programs (Section 8, HUD 236, HUD 202)
• Proven ability to close transactions across multiple states, particularly large-population markets
• Self-directed and entrepreneurial — comfortable owning deal execution independently across a concurrent portfolio