FT Job - Oakland Community Housing - Director of Real Estate Development
----- Forwarded by Asha Weinstein/SJSU on 12/22/2005 07:29 AM -----
DIRECTOR OF REAL ESTATE DEVELOPMENT
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.
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.
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
· 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
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.