Position Title:

Director of Real Estate Development

Department:

Real Estate Development

Reports to:

Chief Executive Officer (CEO)

Employment Status:

Full-Time

FLSA Status:

Exempt

Date Created:

March 2022 (Revised Feb 2024)

Summary

The primary purpose of this position is to develop an overall plan and timetable for the implementation of approved Real Estate Development programs, including physical and management improvements.

All activities must support The Housing Authority of the Birmingham District’s (“HABD”) mission, strategic goals, and objectives.

Essential Duties and Responsibilities

The position duties and responsibilities listed below describe the general nature and scope of work. Other responsibilities, duties, and skills may be required and assigned as needed.

Directs staff's work, including assigning, planning, and reviewing work, evaluating work performance and completing performance evaluations, coordinating activities, maintaining standards, allocating personnel, selecting new employees, training staff, acting on employee problems, and recommending and implementing discipline.

Assists with the physical condition of all real estate owned and operated by the organization; oversees all assigned Real Estate transactions, including acquisitions, dispositions; demolition; new construction, rehabilitation, repositioning, and recapitalization.

Assists the CEO and Executive Leadership with the Administrative, Housing Choice Voucher, Public Housing, Financial, and Real Estate departments to set priorities, establish policies, strengthen operations, and work towards goals and decision-making for long-term sustainability. Assists in planning, developing, organizing, coordinating, directing, and implementing initiatives.

Develops and maintains industry best practices in tracking and reporting the physical needs of HABD assets, including establishing building component life cycles, replacement/repair costs, and methodologies for prioritizing capital investments with limited resources.

Ensures regular communication with the local HUD office concerning the modernization/development activities of HABD. Lead all activities in formulating the Capital Fund Program (“CFP”) plan, including the annual submission of the CFP plan and five-year action plan.

Coordinates and prepares applications, proposals, procurement documents, contracts, and other documentation for HABD’s participation in local, state, and federal housing grant programs related to capital investment projects and development activities.

Develop HABD's asset investment strategies, including new development, redevelopment, disposition, demolition, significant capital investments, etc., to ensure the long-term sustainability of public housing as a community asset.

Deliver presentations to HABD’s Board of Commissioners and the Executive Committee of the Board on a variety of development, capital investments, strategic planning, and technical issues.

Oversees development activities for HABD. Pursues possible public and private funding sources, including private financing, foundations, bonds, tax credits, etc., and prepares other financial projections. Prepare funding applications and detailed submissions to secure funding and other regulatory approvals; ensure financing of development projects is in the best interest of HABD.

Works closely with the CEO, HABD Finance and Development staff, consultants, and others to produce development sources and uses proformas for development and operating costs.

Conduct or coordinate physical and financial feasibility analysis of development proposals.

Prepare annual department budgets; and monitors all division expenditures and procurement.

Ensures all contracting activities are performed following local, state, and federal rules, regulations, and laws following HABD policies and procedures.

Ensures that project planning and implementation are performed following HUD guidelines, policies, a five-year implementation plan, HABD's high-performance quality standards, and procurement policy and procedures. Coordinates staff activities, prepares and submits all documentation to meet HUD requirements and commitments for annual performance and evaluation reports, necessary budgets and budget amendments, project implementation schedules, and grant applications. Ensures timely obligation and expenditure of funds.

Researches building products, construction techniques, and green/energy-efficient construction, and recommend building standards for HABD properties.

Participates in various agency committees.

Develop and implement PHA-wide processes, policies and procedures, and technology (desktop and enterprise software as applicable) for acquisition and delivery of goods, services, and construction, in compliance with all applicable Federal, State, and Local laws and rules and stays within the PHA’s approved procurement policy.

Directs pre-proposal conferences, proposal evaluation, and contract negotiation meetings.

Liaison between contractors, architects, government officials, etc.

Performs other related duties as assigned.

Behavioral Competencies

This position requires the incumbent to exhibit the following behavioral skills:

Leadership: Provides direction by clearly and effectively setting the course of action for department and subordinates; manages performance by providing regular feedback and reinforcement to subordinates.

Job Knowledge: Exhibits requisite knowledge, skills, and abilities to perform the position effectively. Demonstrates knowledge of policies, procedures, goals, objectives, operational entities, requirements, and activities as they apply to the assigned organizational entity of HABD. Uses appropriate judgment & and decision-making following level of responsibility.

Commitment: Sets high-performance standards; pursues aggressive goals and works hard/smart to achieve them; strives for results and success; conveys a sense of urgency and brings issues to closure; persists despite obstacles and opposition.

Customer Service: Meets/exceeds the expectations and requirements of internal and external customers; identifies, understands, monitors, and measures the needs of both internal and external customers; talks and acts with customers in mind. Recognizes work colleagues as customers.

Effective Communication: Ensures important information is passed to those who need to know; conveys necessary information clearly and effectively orally or in writing. Demonstrates attention to and conveys an understanding of the comments and questions of others; listens effectively.

Initiative:Proactively seeks solutions to resolve unexpected challenges. Actively assists others without formal/informal direction. Possesses the capacity to learn and actively seeks developmental feedback. Applies feedback for continued growth by mastering concepts needed to perform work.

Responsiveness and Accountability: Demonstrates a high level of conscientiousness; holds oneself personally responsible for one's work; does a fair share of work. 

Teamwork: Balances team and individual responsibilities; exhibits objectivity and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; supports everyone's efforts to succeed.

Leadership: Provides direction by clearly and effectively setting the course of action for department and subordinates; manages performance by providing regular feedback and reinforcement to subordinates.

Job Competencies

Extensive knowledge of the key policies, procedures, functions, and staff in the Real Estate Development department and HABD policies and programs.

Knowledge of fundamentals of eligibility determination and uniform physical condition standards.

Ability to plan, develop, supervise, and coordinate activities related to housing and community development activities.

Knowledge of the principles of budget preparation and control.

Ability to provide data and information needed for grant applications.

Ability to interpret, explain, and ensure compliance with HABD policies and procedures.

Knowledge of pertinent federal, state, and local laws, codes, and regulations.

Proven application of the principles of supervision, training, motivation, and performance evaluation.

Knowledge of record and data management, storage, and retrieval systems.

Ability to establish positive working relationships with representatives of community-based organizations, other agencies, HABD management and staff, and the public.

Education and/or Experience

Bachelor’s Degree in Real Estate, Architecture Engineering, Construction Management, Planning, Business Administration, Finance, or related field. Master’s Degree preferred. A minimum of five (5) years of experience in Real Estate Development, Construction Management, or Property Development, including a minimum of three (3) years in a supervisory capacity. Must possess experience in multi-family real estate development and all related financing programs, including Low Income Housing Tax credits, Tax-Exempt Bonds, and FHA loan programs. An equivalent combination of education and experience may be considered.

Some positions may require possession of a valid driver’s license and the ability to be insurable under HABD’s automobile insurance plan at the standard rate.

Technical Skills

To perform this job successfully, the employee should have strong computer skills (e.g., MS Word, Excel, PowerPoint, and Outlook). Must have the ability to learn other computer software programs as required by assigned tasks.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

To perform this job successfully, the employee is frequently required to remain in a stationary position. Daily movements include sitting; standing; reaching, grasping; operating computers and other office equipment; moving about the office, and attending onsite and offsite meetings. The employee must be able to exchange information in person, in writing, and via telephone. The employee must occasionally transport up to 25 pounds.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may enable individuals with disabilities to perform essential functions.

Office environment. The noise level in the work environment is moderate. 

The position is open until filled.