Job Information
Adecco US, Inc. Development Manager - New Mexico in Rio Rancho, New Mexico
Salary Range: $150,000.00 To 160,000.00 Annually
What You'll Be Doing
As a Development Manager you will be responsible for providing turnkey project management while ensuring timely financing, approval, and design of multi-family affordable housing developments.
For this role, please note that you will be required to live and work in New Mexico to directly support our locally based projects.
Additionally, your tasks will include, but not be limited to:
Managing, coordinating, and completing the identification, entitlement, development, design, financing (including the obtaining and maintenance of tax credits), syndication, construction, lease-up, stabilization, conversion to permanent financing, and regulatory compliance associated with projects assigned
Preparing project related budgets and schedules, cash flow projections, deal memorandums, financial forecasts, and strategic plans
Developing and fostering effective relationships internally and externally including all third parties (e.g., consultants, public funders and private lenders/equity providers, community organizations, architects, constructions managers, government liaisons, etc.)
Managing the due diligence and closing process for complex mixed-finance deals with multiple lenders and governmental stakeholders ensuring no conflicts exists between funding sources
Ensuring that proposals, applications, and closings meet LIHTC regulations and industry standards and internal deal standards
Managing the design process to ensure compliance /approval by respective City, State and Federal agencies
Facilitating community and public agency support and approval of project plan including zoning, permitting, and financing, as required
Analyzing funding and development legislation, regulations, policies, and market, to determine applicability to projects and compatibility with other program requirements
Supervising the entire development team and holding the responsibility of overseeing application completion while coordinating with responsible parties
Supervising work delegated to Development Analyst and Development Coordinators working with the project team
Overseeing and managing lease-up process in conjunction with the Asset Management and Property Management team
Identifying new, potential affordable housing projects for the Company
What You'll Need to Perform the Role
A bachelor's degree and/or graduate degree in business, finance, economics, public administration, community development, planning, or related field, plus ten (10) plus years of development experience with at least three (3) of those years in a leadership role within affordable residential housing with an emphasis on multi-family; a history of leading concurrent project teams through successful affordable multifamily housing developments, extensive knowledge and understanding of affordable multi-family housing developments, and proficiency in Microsoft Office (Word, Excel, and Outlook) to be successful in this role. You may also have an equivalent combination of education, training, and/or experience from which comparable knowledge, skill, and abilities have been attained.
You'll also need the following attributes:
Extremely organized with ingrained ability to prioritize and multi-task in a fast-paced environment
Keen attention to detail with focused adherence to strict deadlines and procedures
Sound problem-solving skills with demonstrated ability to exercise sound independent judgment
High level of integrity and dependability, including handling sensitive and confidential information
Teamwork mindset and temperament to work effectively with a diverse group of people
Effective ability to communication clearly and concisely, both verbally and in writing
Genuine desire to work in the real estate development affordable housing industry
Personal accountability and enthusiasm for achieving company goals
What's in it for You
People are at the core of everything we do. We offer meaningful careers, competitive salaries, annual bonus packages, and an energetic office environment.
We take the well-being of our team members seriously; thus, providing an attractive benefits and perks package to meet the needs of all our employees. This package includes, but is not limited to:
Medical (HMO, PPO, HDHP/HSA plans available)
Dental (HMO and POS)
Vision
Section 125 Cafeteria Plan
Company sponsored Disability and Life insurance
401K plan participation with company match
Paid Time Off (PTO)
Opportunities for professional development
Flexible work schedule as business needs permit
Company-wide events
Pay Details: $130,000.00 to $160,000.00 per year
Equal Opportunity Employer/Veterans/Disabled
To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.adeccousa.com/candidate-privacy
The Company will consider qualified applicants with arrest and conviction records subject to federal contractor requirements and/or security clearance requirements.