Specialty Consultants Inc. · 1 week ago
AVP of Development (Affordable Housing)
Texas, United States
Full-time
Hybrid
Senior LevelSpecialty Consultants Inc. is seeking an AVP of Development to join a nationally recognized affordable housing developer. The role involves implementing real estate development projects from conception to stabilization, collaborating with various teams, and managing project documentation and vendor relationships.
Real Estate
Hiring Manager
Michael Uzyak
Responsibilities
Evaluate sites with strong fundamentals that can win 4%/9% LIHTC allocations
Collaborate with Acquisitions on strategies to grow the Texas pipeline and expand deal flow
Lead closings, oversee construction period budgets/schedules, and coordinate draws, requisitions, and change orders
Lead due diligence, financial feasibility, underwriting, and development planning to meet company and stakeholder objectives
Prepare pro formas, monitor performance, and ensure eligibility/competitiveness for financing programs
Prepare and submit successful LIHTC applications; support securing construction and permanent financing
Manage third-party vendors and coordinate design, construction, and project team members through completion
Maintain organized project documentation and support internal reporting with cross-functional teams
Deliver cost certification documentation, oversee stabilization and qualified occupancy, and obtain 8609s
Partner with Asset Management to transition properties and meet investor and regulatory requirements
Build industry relationships and identify new opportunities, partnerships, and co-development structures
Qualification
Required
Affordable housing development experience
Completion of multiple deals front to back, including closings
TDHCA knowledge and relationships
Bachelor's degree required. Advanced degree desirable
Strong analytical and financial modeling skills
Knowledge of affordable housing finance, predevelopment planning, and government approvals
Understanding of the various Federal programs for affordable multifamily properties such as tax credits, bond caps, Section 8 rent support, etc
Company
Specialty Consultants Inc.
Specialty Consultants is a real estate company offering construction and development services.
Founded in 1970
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase