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Development Manager – Multifamily – LIHTC

International Search Consultants

This is a Full-time position in Dallas, TX posted July 11, 2021.

Development Manager – Multifamily – LIHTC

ISC Real Estate Development & Construction Recruiting team is partnering with a thriving Real Estate Development & Construction Company to recruit candidates for a Development Manager for Multifamily – LIHTC position in the greater Dallas, TX area.

Requirements for Development Manager – Multifamily – LIHTC – Do you have the following:

  • Bachelor’s degree in Construction Management, Business, Finance, Accounting or related discipline. Master’s degree preferred.
  • 5 + years of experience in housing development and finance for new construction for multifamily affordable housing for LIHTC.
  • Prior experience with market rate transactions and closings for LIHTC development.
  • Must have strong financial analysis skills .
  • Ability to comprehend, analyze, and interpret business and legal documents.
  • Prior experience with internal rate of return (IRR), net present value (NPV), and other valuation metrics.
  • General understanding of real estate development.
  • Self-driven, excellent communications both verbal and written, interpersonal, organizational, planning, decision making, negotiation and problem solving skills.
  • Proficient in MS Office Suite to include, Word, Outlook, Excel, Project and PowerPoint.

Job Requirements:

Development Manager – Multifamily – LIHTC
 

Responsibilities for Development Manager – Multifamily – LIHTC will: 

  • Identify and evaluate land sites, purchase contract negotiations and rezoning / entitlements.  
  • Generate a pipeline of profitable deals. 
  • Determine market and financial feasibility for new real estate development and investment opportunities.  
  • Manage all aspects of financial transactions from initial underwriting, securing equity and debt financing through final funding and closing.
  • Identify and underwrite new development opportunities.
  • Ensure all documents are in compliance with the LIHTC program requirements and annual Qualified Allocation Plan. 
  • Prepare deal packages for potential equity and debt investors while evaluating financial terms.
  • Review legal documents for consistency with previous agreements and current deals.
  • Identify and build effective relationships with local, state and federal entities for projects.   

  

Development Manager – Multifamily – LIHTC Rewards – If you qualify for this opportunity, the company will offer the below:

  • Great base salary
  • Bonus potential
  • Comprehensive benefits package
  • Growth potential…the company is rapidly growing and with that comes opportunity for long-term career growth.

Please send resumes directly to carolynm@iscjobs.com

Know someone you think would be a great fit?  We pay $500 for any name that result in a hire for this position!  Rest assured, we keep referral sources confidential unless directed otherwise. 
 

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