Senior Project Developer - San Diego

POSITION SUMMARY Responsible for originating, coordinating, and implementing all aspects of the development of affordable housing projects. Projects may include new construction, rehabilitation, acquisitions, and joint ventures with other developers.Senior Project Developers are experienced, and are expected to be self-directed, needing less technical supervision. Senior Project Developers are expected to manage a direct workload of 2 to 5 developments, depending on phase, type of project, and supervision responsibilities, if any. Senior Project Developers are considered team leaders and may be responsible for supervising or coordinating the work of others, including other Project Developers, Associate Project Developers, or Project Administrators. Senior Project Developers may supervise up to 2 employees. Senior Project Developers are expected to work cooperatively across functions at Eden, including with Accounting, Asset Management, Compliance, Operations, and Resident Services.ESSENTIAL DUTIES AND RESPONSIBILITIESProject ManagementPrepare and oversee the predevelopment budgetPrepare, update and adhere to project timelines and schedulesCoordinate bid and qualifications processes to select construction-related consultants, including architects, general contractors, and construction consultants.Solicit and coordinate the work of non-construction-related project consultants, including legal, finance and other special consultantsNegotiate contracts and monitor complianceOversee project design development; supervise preparation of project plans and specifications. Ensure attention given to special-users' needs, Eden standards, project budget, timelines, and lender/investor/regulatory requirementPrepare and oversee the construction budgetPrepare, update and adhere to project timelines and schedulesOversee the construction process including compliance with local government and lender requirements; perform site inspections; recommend decisions regarding change order requests; process change orders, pay application and loan disbursement requests; and assure compliance with plans and specificationsWork with Eden Housing Management and community groups to facilitate affirmative marketing and smooth transition to occupancyBuild Support & Obtain ApprovalsInternal StakeholdersConvene and lead internal project strategy meetings, including written materials, and response to follow-up items, including Milestone / Deep Dive and Watchlist meetingsEngage senior staff as appropriate to elevate and resolve obstaclesEnsure that applications are fully peer reviewed and address the needs and concerns of internal stakeholdersExternal StakeholdersOrganize critical community support and advocacy, including community meetings and public hearingsLead public relations, outreach, and friend raising effortsOversee mass mailingsEffectively communicate and promote the Eden brand and missionPlanning EntitlementsMake presentations before public bodiesObtain approvals and entitlements, including management of consultants as neededWork with public agency staff to assure timely public review and environmental clearanceEnsure compliance with CEQA and NEPA requirements and Conditions of Approval and satisfaction of any documentation or close-out requirementsEden (& Affiliates) Board(s)Responsible for accurate and transparent Board requests that capture full extent of Eden's exposure and liability, as well as timely updates of material changes to previous approvalsEnsure that all necessary initial filings are made and that all documentation has been filed for internal stakeholdersFinancial & Programmatic Feasibility AnalysisFeasibility for tax credits, tax exempt bonds, and competitive financing applicationsEvaluate financial and programmatic feasibility of potential land and/or building acquisitionsComparatively analyze multiple pathways, through quantitative and qualitative analysis, to financial and programmatic feasibility, solicit input from internal and external stakeholders, and formulate recommendations for senior staffBuild a competitively successful development team and financing proposalsProgrammatic feasibility analysisDevelop strategy, in consultation with internal stakeholders and consultants, for meeting supportive services, amenities, and design commitments as conditions of financingGuide the development of architectural and engineering strategies to meet programmatic requirements and review and approve submittals to approving entitiesOversee, and develop as necessary, the responses to proposed CEQA mitigations, and conditions of approval for entitlements and building permits; including review of unusual or challenging conditions with senior staffContinuous improvement processOversee budgeting and implementation of post-occupancy resolution to physical issuesOversee process to update design standards and processes/procedures as neededParticipate in local, state, and federal policy planning and advocacy efforts and suggest changes to regulatory requirements that would improve the program(s) that we are using to finance our projectsLead implementation of internal process changes to improve efficiency at responding to funding opportunities and improving application quality controlLead design and implementation of post-occupancy evaluation of completed projectsSecure Sources of FinancingFinancing StrategyDevelop and implement the strategy, with input from stakeholders and senior staff, for financing the developmentIdentify alternative pathways and potential risks and obstacles to fully financing the development in advanceFeasibility for tax credits, tax exempt bonds, and competitive financing applicationsCreate and implement workplan and schedule for internal and external parties for completing application(s)Manage funding application completion processBear ultimate responsibility for all quality control, including peer and supervisor review, of all funding requests before they are submitted and timely response to all queries from administrators of those funding sourcesNegotiate terms of commitments and loan documentsBear ultimate responsibility for tracking and responding to compliance requirements and reportingCapital Markets Private FinancingCoordinate with senior staff on placing capital markets private financingCreate the Request for Proposals based on the department templateRespond to investor and lender queries with input from senior staffOversee the response to due diligence requestsCoordinate with senior staff on negotiation of terms for commitment letters / term sheetsReview all equity and loan docs, soliciting internal and external feedback and reviews as needed (such as from senior staff, attorneys, consultants, etc.), and tracking changes to docsEscrow and Draw ProcessLead loan closing processOversee response to due diligence requests, escrow predevelopment draw, delivery of executed docs, finalizing borrower escrow instructions and buyer and seller statements, coordinating payoffs, and transferring borrower funds into escrowBear ultimate responsibility for ensuring that equity and loan docs, escrow instructions, financial consultant projections, and buyer and seller statements all tie out and are in balanceCreate internal Milestone / Deep Dive Closing memo and respond to any questions or concerns that come up during internal reviewBear ultimate responsibility for representations to Board in regard to development financing package, guarantees and indemnities, risks and mitigantsOversee d/b/a setup, accounts setup, and wire transfersManage construction budget and bank draw process and balancing sources and usesProfessional Development & Department InfrastructureProvide leadership for developing and implementing training opportunitiesParticipate in infrastructure-building initiatives and process and procedure development/ refinement/ implementationBecome a subject matter expert and resource to colleagues for at least one funding typeResearch and participate in external professional development opportunitiesComplete other tasks as assigned by supervisorSUPERVISORY RESPONSIBILITIESMay directly supervise project administrators or interns in the Real Estate Development Department. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.QUALIFICATIONSEDUCATION and/or EXPERIENCEFour years related experience and/or training; or equivalent combination of education and experience. Advanced degree in planning, business or a field related to housing is highly desirable.PREFERRED SKILLS and/or ABILITIESExperience or background in housing, planning, business and real estate financeExperience or background in affordable housing development, planning or financeKnowledge of local, state and federal housing financing programs; including HUD programs, State HCD programs, Low Income Housing Tax Credits, and Tax Exempt BondsKnowledge of and sensitivity to the concerns and needs of lower income peopleAbility to conduct financial analysis and budget preparationEffective oral and written communication, interpersonal and conflict-resolution skillsEffective public presentation skillsExcellent organizational, time management and problem-solving skillsAbility to work in project teams, and with a wide variety of individualsProficient in Word, Excel, PowerPoint, and OutlookAbility to work under pressure and successfully meet deadlinesCommitment to the company's goals and philosophy

Created: 2025-09-25