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EAH Community Housing Inc

Director RED - NorCal (7110-RED)**Hybrid Remote Position**

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Job Description

Director RED - NorCal (7110-RED)

•Hybrid Remote Position

•EAH Community Housing Inc San Rafael, CA Job Details Full-time $125,000 - $220,000 a year 6 hours ago Benefits Wellness program 403(b) matching Paid holidays Disability insurance Health insurance Dental insurance Flexible spending account Employee assistance program Vision insurance 403(b) Life insurance Referral program Paid sick time Qualifications Staff supervision Project finance Bachelor's degree Zoning regulations Full Job Description Explore a career at EAH Housing. Start or continue a career in real estate development and management with EAH Housing. We are looking for talented and skilled professionals as we expand our property portfolio throughout California and Hawai`i. As a mission-based nonprofit organization and industry leader for more than 50 years, we live up to our values, and work to create opportunities to empower people to live better lives. Join us and make a difference today. What we offer . We offer a comprehensive benefits package that includes medical, dental, vision, disability and life insurance, as well as a 403(b) retirement plan with a 5% match. We also offer generous vacation accrual, holiday schedule, and work schedule flexibility. We believe in work / life balance. 15 days of vacation per year (which increases based on years of service) 10 paid sick days per year 13 paid holidays Flexible Start Times (REM Onsite Positions) We take care of our employees. Competitive Salaries 403b Retirement Plan with a match to every dollar you save for retirement, up to 5% of your pay Employee Wellness Program Comprehensive Medical Insurance Plans Affordable Dental & Vision Insurance Flexible Spending Account EAP - Mental Health, Financial and Legal Services $1,500 Employee Referral Program EAH University, an in-house training program This position is for a full-time RED Director to work at EAH Corporate in Tarzana, California. This is a hybrid remote position (3 days office/2 days remote). Must have a Bachelor's degree in Real Estate, Finance, Civil Engineering; Business, or related field. 3-5 years of experience in residential multi-family development, particularly sourcing land, or existing buildings for purchase. An emphasis on deed restricted affordable housing, including multi-family developments financed with LIHTC in California strongly preferred. Background in planning, zoning, and general entitlements. 2 years supervisory experience with proven leadership abilities.

Salary range:

$125,000.00 to $220,000.00 per year; hiring range for new employees is generally $125,000.00 to $172,500.00 per year, DOE. Please note an offer will take into consideration the experience of the final candidate and the current salary level of individuals working at EAH in a similar role.

COMPANY OVERVIEW

Established in 1968, EAH Housing is one of the largest and most respected nonprofit housing development and management organizations in the western United States. EAH develops low-income multifamily housing, manages more than 222 properties throughout in California and Hawai'i, and plays a leadership role in local, regional, and national housing advocacy efforts. EAH Housing puts its core values into action every day as our staff of 700 people serves 25,000 residents in 87 municipalities. We offer competitive wages, comprehensive benefits, professional development, and invest in our employees through extensive training programs. Please visit our www.eahhousing.org to learn more about us, our culture, and how we strive to maintain excellence in everything we do. For immediate consideration, please apply to requisition

DIREC004523

on our website at www.eahhousing.org/careers (http://www.eahhousing.org/careers)

POSITION OVERVIEW

Primarily responsible for managing initial aspects of acquisition activities, including the evaluation of potential acquisition projects, marketing and externally representing EAH, and negotiating terms of purchase and sale agreements and other formal agreements Responsible for initiating acquisition opportunities consistent with the company's mission and strategic plan and proposing new opportunities to the executive management team.

RESPONSIBILITIES

Drives and researches sites in EAH's opportunity cities. Researches ownership and title information on high prospect sites and cultivates relationships with property owners. Performs all basic due diligence work on potential sites deemed generally viable for development purposes. Due diligence review includes reviewing preliminary title reports, evaluating infrastructure review with local public works, and building officials, estimating market values through comparable sales analysis prior to appraisal, and assessing ability to obtain entitlements for contemplated projects in the context of local general plan and zoning designations. Leads Business Development staff through the entitlement process. Creates and analyzes preliminary financial projections with assistance of Real Estate Development staff for proposed transactions; Compiles comprehensive deal analysis packages and assesses risk associated with any acquisition for review by supervisor and Executive Team; creates a development and/or acquisition strategy. Coordinates with project development staff on basic financial terms and conditions viable for purchase and sale agreements that are specific to the community and related subsidy environment for affordable housing developments. Reports to Chief Real Estate Development Officer regarding the financing of each new deal, including revenue stream and developer's fees and development checklists approvals. Establishes memorandums of understanding, letters of intent, purchase and sale agreements, or other tools to formalize relationships with partners, but will not have signature authority. Assists in negotiations for the purchase of property and terms of financing. Works with supervisor to negotiate terms and specific language to be included in purchase and sale agreements as well as monitoring key performance dates under agreements once a site is under contract to purchase. Manages seller relationship through closing. Obtains public approval by developing and implementing community acceptance strategies, giving public presentations on behalf of the project. Coordinates geo-technical and environmental analysis, planning and building code research, community planning, entitlements, and market analysis. Ensures that local approvals and neighborhood acceptance of proposed housing development projects occur, including submitting use applications, and attendance at hearings and neighborhood meetings. Obtains public approval by developing and implementing community acceptance strategies, giving public presentations on behalf of the project. Ensures efficient transition of purchased assets to Real Estate Development Department. Meets with Executive Team as well as CREDO on regular basis to coordinate all acquisition activities. Works with Executive Team and President to develop annual goals and budget for acquisitions. Develops organization's overall acquisition strategy in coordination with other departments and executive staff. Maintains positive working relationships with lenders and grant sources. In conjunction with the Real Estate Development Department and President, prepares and makes public presentations to city planning commissions and city councils related to various EAH projects. Also makes presentations in other public venues and to the EAH Board of Directors, as necessary. Identifies and cultivates relationships with for-profit developers. Works with other organizations within the housing development, healthcare, and religious communities to create opportunities and support for low-income housing development. Assists in identifying and evaluating new financial partners. Represents EAH at targeted industry conferences and seminars. Serves as organizational representative to housing organizations, public agencies, financial institutions, and community meetings. Advocates for affordable housing by giving public presentations, participating in community and public policy groups; attending conferences, and staying informed of public policies affecting affordable housing. Attends mandatory training. Actively participates in EAH's Injury and Illness Prevention Plan Regular and predictable attendance. Other duties as assigned.

SUPERVISORY RESPONSIBILITIES

May supervise one or more Analysts or department staff. Hires, trains, supervises, motivates, and develops staff; assures staff conforms to organizational policies and procedures and government regulations; provides day-to-day guidance and oversight of subordinates; actively works to promote and recognize performance; ensures department performance appraisals are completed effectively and as scheduled.

QUALIFICATIONS

Bachelor's degree in Real Estate, Finance, Civil Engineering; Business, or related field. At least 3-5 years of direct experience in residential multi-family development, particularly sourcing land, or existing buildings for purchase. An emphasis on deed restricted affordable housing, including multi-family developments financed with Low Income Housing Tax Credits in the State of California strongly preferred. Background in planning, zoning, and general entitlements. 2 years management/supervisory experience with proven leadership abilities.

DESIRABLE ADDITIONAL QUALIFICATIONS

Master's Degree in Business, Finance, Real Estate, Civil Engineering, Economics or other related field. Success in full cycle development of affordable housing using California Low Income Housing Tax Credits or other related programs. Ability to create a draft feasibility analysis of proposed site which includes zoning, entitlement risk, environmental risk, political and predevelopment financing risk.

CRIMINAL BACKGROUND CHECK REQUIREMENTS EAH

Housing conducts criminal background checks on all candidates who have received a conditional job offer. Once you have received such an offer, you will be required to submit and pass our criminal background requirements. EAH also verifies education and employment history. Any verified discrepancy (resume or online application) may delay your background check results and/or affect your eligibility to work at EAH. Please be advised that certain roles may also require fingerprinting due to legal requirements. If onsite housing is a requirement of the position, any household members over 18 years of age who will be living onsite with the candidate must also undergo a criminal background check and tenant screening. Satisfactory completion of background check and fingerprinting requirements is a requirement of employment with

EAH. DRUG TESTING EAH

Housing requires all candidates who have received a conditional job offer to submit to drug testing within 72 hours from acceptance of our job offer. EAH Housing does not test for marijuana/cannabis. Satisfactory completion of drug testing is a requirement of employment with

EAH. EAH

Housing is an EEO employer. CA BRE #00853495 |

HI RB-16985 INDEAH

Experience Required An emphasis on deed restricted affordable housing, including multi-family developments financed with LIHTC in California strongly preferred. 3 - 5 years: Experience in residential multi-family development, particularly sourcing land, or existing buildings for purchase. Education Required Bachelors or better in Real Estate or related field

Behaviors Preferred Loyal:

Shows firm and constant support to a cause

Enthusiastic:

Shows intense and eager enjoyment and interest

Leader:

Inspires teammates to follow them

Functional Expert:

Considered a thought leader on a subject

Detail Oriented:

Capable of carrying out a given task with all details necessary to get the task done well

Dedicated:

Devoted to a task or purpose with loyalty or integrity

Motivations Preferred Self-Starter:

Inspired to perform without outside help

Entrepreneurial Spirit:

Inspired to perform well by an ability to drive new ventures within the business Ability to Make an

Impact:

Inspired to perform well by the ability to contribute to the success of a project or the organization Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.

Benefits

  • Paid Time Off (PTO)
  • Sick Leave
  • Professional Development
  • 403(b) Tax-Sheltered Annuity Plans