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FT Job - Oakland Community Housing - Director of Real Estate Development

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  • asha.weinstein@sjsu.edu
    ... Oakland Community Housing Inc. JOB ANNOUNCEMENT DIRECTOR OF REAL ESTATE DEVELOPMENT Oakland Community Housing, Inc., (OCHI) has been building homes for
    Message 1 of 1 , Dec 22, 2005

      ----- Forwarded by Asha Weinstein/SJSU on 12/22/2005 07:29 AM -----



      Housing Inc.



      Oakland Community Housing, Inc., (OCHI) has been building homes for over 30
      years to meet the needs of low income families, the elderly, the disabled
      and other special needs populations in Oakland and the East Bay.  Join our
      dedicated and talented team and make a positive impact on people’s lives.
      Visit our website at www.ochi.org.

      Job Definition

      Under the direction of the Executive Director, the Director of Real Estate
      Development (DRED) performs a wide variety of tasks related to the operation
      of the development component of Oakland Community Housing, Inc. (OCHI).  The
      Director supervises a staff of three Project Managers, an Assistant Project
      Manager and an Intern.  This position is responsible for coordinating all
      development activities including initiating new development projects,
      overseeing an existing portfolio of projects and coordinating all
      development policy issues with the Executive Director.

      Job Characteristics

      This position is characterized by high degree of initiative, well-developed
      supervisory skills, and an in-depth technical aptitude for structuring
      innovative private and public debt financing and equity for affordable
      housing development projects.  Other characteristics include well-developed
      oral and written skills in the presentation of affordable housing packages
      to lenders, city staff, council and commissions, and other potential funding


      ·        Meets with and reports directly to the Executive Director on a
      regular basis to review development activities and general housing issues.

      ·        Supervises project development staff.

      ·        Prepares periodic development activity reports.

      ·        Reviews all development related payment requests, construction
      change orders, product substitution and damage claims.

      ·        Initiates and evaluates new development opportunities.  Together
      with subordinate Development staff: evaluates potential sites to determine
      feasibility for affordable housing development use, and coordinates the
      negotiation of the purchase agreements; performs economic feasibility
      analysis for each project under consideration.

      ·        Retains project management responsibility for some projects.

      ·        Formulates and coordinates development policy with the Executive

      ·        Defines, reviews and monitors performance expectations of all
      development staff; makes recommendations to the Executive Director regarding
      promotion and salary/bonus remuneration for development staff.

      ·        Prepares and / or supervises development budget proposals; develops
      and monitors construction budgets; together with the Executive Director
      prepares goals and budget for the Development Department.

      ·        Performs project site inspections and / or visits as needed.

      ·        Performs outreach duties and public relations work as needed;
      attend neighborhood and community meetings; act as liaison between OCHI, its
      consultants, vendors, partner and the community.

      ·        Identifies and assists with the procurement of construction and
      permanent financing for developments from conventional, public and
      quasi-public sources.

      ·        Performs other tasks as may be assigned by the Executive Director.


      Ability to thoroughly analyze potential affordable housing projects.
      Thorough technical knowledge of financial and physical mechanisms by which
      affordable housing is developed is essential.  Ability to motivate and
      supervise technical project management staff.  Ability to creatively
      problem-solve during the various stages of development process.  Ability to
      prepare computer generated financial feasibilities, cash flows, and
      proformas is required.  Ability to market affordable housing projects.
      Ability to interact well with a variety of people and institutions.
      Effective writing and public speaking abilities are essential.

      Compensation & Benefits

      The starting base salary is $75,000K annually plus incentives.  OCHI offers
      a comprehensive benefits package.  Employees can select from a cafeteria
      plan that includes a wide variety of medical, dental and vision plans.  OCHI
      provides group life insurance, EAP, flexible spending, commuter benefits, 15
      paid holidays, vacation accrual and sick leave allowance.  Conveniently
      located in Downtown Oakland, 1 block from BART and 2 blocks off Lake Merritt

      To Apply

      The position is open immediately.  Qualified candidates will be considered
      as applications are received.  The deadline for submitting your application
      is January 10, 2006.  The position will remain open until filled.  Please
      send your resume and cover letter to Human Resources, Oakland Community
      Housing, Inc., 2030 Franklin Street, 6th Floor, Oakland, CA 94612, or by fax
      (510) 832-3140, or by email jobs@..., include DIRECTOR REAL ESTATE in
      the subject line.

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