Senior Director of Real Estate Development

Accepting Applications until the position is filled.

Who We Are

Project for Pride in Living, Inc. (PPL) is a nonprofit organization dedicated to empowering low-income people to become self-reliant through integrated services. When joining PPL, you become a part of a diverse team whose person-centered approach to services ensures individuals and families receive the housing and ecosystem of support they need to achieve greater stability now and for the next generation. We are eager to welcome new team members dedicated to serving our residents and pursuing our mission to build the hope, assets, and self-reliance of individuals and families who have lower incomes by providing transformative, affordable housing and employment readiness services. PPL strives to be an equitable and inclusive organization committed to elevating the voices of the communities we serve that are disproportionately affected by systemic inequities.

Job Summary

The Senior Director of Real Estate at Project For Pride In Living (“PPL”) is responsible for providing strategic direction and financial oversight of all of PPL’s real estate development activities.  This position will provide direction to and supervision of a team of housing project managers to achieve PPL’s mission and strategic direction around affordable housing development and implementation of community development goals.  This position will provide guidance on project funding opportunities and cycles, which will include a background in Low-Income Housing Tax Credits (“LIHTC”) financing and other affordable housing funding sources. This position is a key member of the Housing Stability Leadership Team that includes the Director of Asset Manager, Senior Director of Resident Services, and Senior Director of Property Management. 

Essential Duties and Responsibilities:  These duties are not to be construed as exclusive or all-inclusive.

Pipeline Development:

• Prospect and cultivate development opportunities.
• Ensure the pipeline aligns with PPL’s strategic direction.
• Evaluate the feasibility and suitability of sites for future development.

Project Oversight:

• Monitor, support, and direct project managers through all phases of project planning and management.
• Oversee concept definition, site selection, market research, acquisition, financial structuring, design, application processes, problem-solving, closing, and construction oversight.
• Ensure projects remain within established timelines and budgets.

Relationship Management:

• Cultivate and maintain institutional relationships with nonprofit partners, government agencies, neighborhood groups, investors, funders, and limited partners.
• Ensure completion of required reporting alongside the VP of Real Estate Development and Asset Management.

Departmental Management

• Set strategic direction for all real estate development activities in alignment with PPL’s mission and goals.
• Foster an inclusive departmental culture and create annual departmental plans.
• Oversee individual work plans, set expectations, manage performance, and ensure accountability.
• Develop and manage the departmental budget and monitor cash flow.
• Collaborate with the Housing Stability Leadership Team to align development goals with PPL’s broader mission.

Race Equity Implementation:

• Promote a culture within the Real Estate Department that supports PPL’s race equity goals.
• Ensure project management staff have individual learning plans for growth.
• Align department programmatic goals with the organization’s broader commitment to race equity.

Project Financing:

• Identify and secure project financing, including loans, grants, tax credits (e.g., LIHTC), and other subsidies.
• Develop comprehensive financial models and proformas to evaluate project viability.
• Negotiate and structure financing agreements with lenders, investors, and public agencies.

Construction Oversight:

• Provide leadership during pre-development and construction phases.
• Oversee architects, project engineers, contractors, and consultants.
• Manage the permitting and entitlement process with local government agencies.

Risk Management:

• Ensure compliance with local, state, and federal housing regulations.
• Monitor ongoing project operations to maintain long-term financial sustainability.
• Communicate proactively to manage potential risks.

Organizational Management:

• Coordinate with PPL departments to ensure seamless pro