Senior Manager - Affordable Housing Trust Fund
City of Richmond, Virginia
Get a reply from this employer
Your resume and cover letter, tailored to exactly what they’re hiring for.
Benefits offered by this job
Job summary
City of Richmond’s Department of Housing and Community Development seeks a Senior Manager to provide strategic leadership over the Affordable Housing Trust Fund program. The role ensures alignment with city housing goals, coordinating initiatives, budgeting, and risk mitigation to deliver strong housing outcomes for residents.
The position requires experience in managing multiple housing projects, underwriting criteria, and cross-functional teams, with a focus on development, preservation, and
Qualifications
- Proven experience in general management and public administration.
- Expertise in housing finance and development.
- Leadership experience in public housing or real estate redevelopment.
Responsibilities
- Lead the Affordable Housing Trust Fund program and financing functions.
- Oversee budgets, resource allocation and risk management.
- Direct a team including a Senior Project Development Manager and analysts.
- Develop NOFAs and RFPs for housing funding and underwriting reviews.
- Coordinate with City Attorney’s Office on contracts and agreements.
- Ensure compliance with applicable laws and regulations.
Skills
Education
Tools
Job description
Are you Richmond R.E.A.D.Y? R espect. E quity. A ccountability. D iversity… YOU !!!
This is an EXCITING time to Join the City of Richmond! We are committed to nurturing talent, fostering growth opportunities, and building strong connections within our workforce. As we continue to make strides to becoming the employer of choice, we are thrilled about the below employee benefit enhancements:
- Virginia Retirement System (VRS)
- Language Incentive
- Referral Bonus
- T uition Assistance Program
The maximum hiring compensation for this position is to not exceed a salaried rate of $140,000/year.
The City of Richmond’s Department of Housing and Community Development is currently seeking a highly motivated Senior Manager, under the general supervision of the Department Director, who is responsible for providing leadership and management over the Affordable Housing Trust Fund (AHTF) programmatic and financing functions.?This position provides strategic leadership and oversight for a comprehensive housing program composed of multiple, interconnected projects. The role ensures alignment with citywide housing goals by coordinating initiatives, allocating resources, managing budgets, and mitigating program-level risks.
Responsibilities include developing strategic plans, underwriting and managing criteria for evaluating development projects, supervising project managers and cross-functional teams, managing and tracking Affordable Housing Trust Fund disbursements, monitoring key performance indicators, resolving issues that impact progress, and delivering clear, timely communication to executives and stakeholders. The position requires strong strategic planning abilities, an understanding of the capital structure of development projects, leadership experience, and exceptional communication skills to ensure the program effectively advances the city’s housing growth and expands housing options for residents.
- This is a grant funded position, that may be reviewed for extension beyond five years.
- Works closely with the Department Director and other members of the senior management to accomplish the affordable housing goals of the department; assists in the updating of the Housing Plan that will guide the development of affordable housing preservation and development. ?
- Provides sound advice on all programmatic processes relating to affordable housing finance and development and/or preservation activities and the alignment of all funding sources; ensuring the efficient management of all associated resources.
- Leads a team of three (3): a Senior Project Development Manager, one (1) Management Analyst (AHTF Compliance Officer), and a housing consultant. Responsible for coordinating the division personnel needed to support all open projects. Monitors subordinates’ compliance with regulations, procedures, and effective management practices; leads subordinate managers in enhancing productivity.
- Establishes and ensures utilization of appropriate and efficient project monitoring tools which will ensure best practices are followed for the monitoring of all of the City’s affordable housing development and/or preservation projects, as well as new Bond projects.
- Oversee the development of NOFA’s and RFPs relating to funding for affordable housing development. Analyzes all requests for City funding for soundness; performs underwriting reviews and ensures that deals are structured correctly to meet investment program requirements. ?Collaborates with the City Attorney’s Office or Special Counsel on development contracts and agreements.?
- Assists with identifying additional financial tools and resources to fund affordable housing development.?
- Assists the Director or their assignee with ?RRHA/City collaborations, including the Creighton Court, Highland Grove, Mosby Court, Gilpin Court redevelopment projects, etc. ? Provides advice to the Director regarding the resolution of sensitive issues relating to affordable housing development projects
- Assures compliance with all applicable Federal, State, and local regulations and requirements.
- Participates in the development of the Department’s Strategic Plans; presents updates and provides reports on the affordable housing projects, as required.
- Attends various public/business meetings regarding the City’s Housing Finance and Development initiatives with the Director and/or Deputy Director, and follows up as appropriate;
- Performs other related duties as assigned.
- Mastery of the principles of general management, public and business administration, housing finance, real estate development, and their application in government
- Expert in Housing Finance, Affordable Housing Development, and Rehabilitation
- Demonstrated experience managing housing development projects, land acquisition and disposition, planning and development, design, construction, and financing
- Mastery of affordable housing programs and governing federal and local laws and regulations
- Advanced leadership, management, and communication skills
- Bachelor’s Degree (Master’s degree preferred) from an accredited college or university with an emphasis in public administration, business administration, real estate, or other related fields;?
- Seven (7) years’ experience in housing operations management work, including at least two years senior‑level management experience in public housing, affordable housing, and/or real estate redevelopment environment; or other equivalent combination of education and experience.
- To perform this job successfully, an individual should be competent in working with personal computers and software such as Microsoft Word and Outlook and must be able to learn other software required by assigned tasks. Familiarity with downhome software is also a bonus.
TYPICAL KNOWLEDGE, SKILLS, AND ABILITIES: These are a representative sample; position assignments may vary.
- Agencies, support staff, companies, products, and requirements in area of focus
- Analytical testing procedures
- Business development
- Constituent service
- Cross-system and interagency collaboration
- Budget management
- Management practicesFederal, state, and local laws and procedures related to area of focus
- Legal concepts
- Legislative processes particularly for the City
- Logistics in area of focus such as multi-modal transportation
- Policy development and implementation
- Microsoft Office Suite
- Project management
- Rules, regulations, procedures, and policies in area of focus
- Advancing complex planning and project initiatives
- Communicating technical and complex information easily and concisely
- Communicating with various internal and external departments at all levels
- Delegating
- Developing annual capital and operating budgets
- Developing programs and services in area of focus including scope, schedule, and budget
- Drafting and creating high-level documents, correspondence, presentations, memos, etc.
- Evaluating program measures and outcomes
- Leading and motivating people and teams
- Managing multi-million-dollar federal grants and contracts
- Managing multiple projects and assignments
- Overseeing the execution of goal setting and monitoring compliance?with stated goals
- Strategic negotiation
- Analyze information
- Think critically
- Make decisionsBe diplomatic
- Multitask
- Complex problem solving
- Speak publicly
- Build relationships
- Provide direction, support staff and maintain accountability
- Provide senior leadership and management
- Provide technical and marketing information to appropriate external and internal departments
Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the job. Prospective and current employees are invited to discuss accommodations.
Working conditions may include exposure to travel to other locations within the City of Richmond as well as outside of the City of Richmond; exposure to hazardous physical conditions such as mechanical parts, electrical currents, vibrations, etc.; atmospheric conditions such as fumes, odors, dusts, gases, and poor ventilation; inadequate lighting; intense noise; and environmental hazards such as disruptive people, imminent danger, and a threatening environment.
Due to the nature of work assignments, incumbents must be able to perform detailed work on multiple, concurrent tasks, with frequent interruptions and under time constraint. The essential duties of this classification may require the ability to regularly talk; frequently finger, hear, see, and perform repetitive motions; and occasionally climb, balance, stoop, kneel, crouch, crawl, reach, stand, walk, push, pull, lift, feel, and grasp. The working conditions may include environmental hazards. In terms of the physical strength to perform the essential duties, this classification is considered to be sedentary, exerting up to 10 pounds of force occasionally, and a negligible amount of force frequently or constantly to move objects.
The City of Richmond provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
The City of Richmond is committed to the full inclusion of all qualified individuals. As part of this commitment, the City of Richmond will ensure that persons with disabilities are provided with reasonable accommodations. If you require reasonable accommodations under the Americans with Disabilities Act (ADA) to participate in the job application and/or the interview process, please contact Veronica Kenner, by email at HR-ADA@rva.gov.
This policy applies to all terms and conditions of employment, including recruitment, hiring, placement, promotion, termination, layoff, transfer, leaves of absence, compensation and training.
The City of Richmond Values Veterans. We are an official V3 Certified Company.
The City of Richmond is a proud partner with the US Army Partnership for Your Success PaYS Program.
'/%3e%3cpath%20d='M101.744%2012.4726L102.894%2016.1947L99.0021%2013.2201L101.744%2012.4726ZM105.3%208.40937H100.488L99.0026%203.59473L97.5116%208.41047L92.7%208.40385L96.5965%2011.3834L95.1055%2016.1942L99.0021%2013.2196L101.408%2011.3834L105.3%208.40992V8.40937Z'%20fill='white'/%3e%3cdefs%3e%3clinearGradient%20id='paint0_linear_5593_1381'%20x1='90'%20y1='9.44471'%20x2='99'%20y2='9.44471'%20gradientUnits='userSpaceOnUse'%3e%3cstop%20stop-color='%2300AD70'/%3e%3cstop%20offset='0.998594'%20stop-color='%2300B67A'/%3e%3cstop%20offset='1'%20stop-color='%23DCDCE6'/%3e%3c/linearGradient%3e%3c/defs%3e%3c/svg%3e){kind=small}
