Director of Multifamily Housing Development
Brilliant CornersAbout the role
Location: Los Angeles, CA
Salary: $150,000 - $180,000 per year, exempt
Organizational Overview
Founded in 2004, Brilliant Corners provides innovative housing and housing-related services to California’s most vulnerable individuals, with an emphasis on people transitioning from, or at risk of, homelessness or institutionalization. To achieve our mission, we develop, own, and manage multi-family supportive housing and licensed residential care homes, and implement a broad array of scattered-site, one-on-one supportive housing and clinical case management programs through partnerships with developmental services, homeless services, veterans’ services, and health care sectors.
In short, we do good work.
We’re seeking spirited, talented people to join our hybrid teams with office hubs in Los Angeles, San Francisco and San Diego.
Department Summary
Brilliant Corners has developed multifamily permanent supportive housing (PSH) and licensed residential care homes since 2008. Our multifamily development team currently oversees an active pipeline of Low Income Housing Tax Credit and Homekey PSH projects in Los Angeles County, and partners with our residential care home team and other stakeholders to explore innovative housing typologies for higher need populations.
Position Summary
The Director of Multifamily Housing Development will lead project managers and senior project managers in a variety of creative, mission-driven housing development projects. Responsibilities will include strong support and leadership for our current and future pipeline of projects concentrated in Los Angeles County, while also co-leading strategy formation for future real estate developments in Los Angeles and beyond.
In addition to providing supervision over all phases of multifamily development, the Director of Multifamily Housing Development will be responsible for engaging in local and state housing advocacy; maintaining and building relationships with current and future project partners; exploration and implementation of new housing models; working collaboratively with interagency programs and leadership teams; coordinating with internal stakeholders including and the Directors of Asset Management and Case Management; and promoting the interests, learning, and professional growth of Development Team members.
Position Responsibilities
- Management of multifamily housing development from concept to completion including, but not limited to, site selection, financial analysis and budgeting, escrow activities, conceptual design, due diligence, capital funding applications, loan applications, outreach activities, entitlements and permitting, construction documents, general contractor bidding and management, construction phase activities, lease-up, and permanent financing.
- Identification of trends in local, state, and federal government affordable and supportive housing policies and financing followed by developing, revising, and implementing development strategies accordingly
- Ability to coach and mentor staff to develop high-performance teams that are able to carry out the strategic plans developed by the leadership team.
- Accomplishes development program objectives by recruiting, training, coaching and communicating job expectations including department policies and procedures
- Taking ownership for accomplishing the roll-out of Brilliant Corners development program and expansion of housing development opportunities.
- Providing support to leadership and executive teams.
Requirements
Professional Experience
- Seven (7) or more years of multifamily development experience strongly preferred
- Bachelor’s degree preferred.
- Master’s degree in public policy, finance, public administration, or urban planning is a plus.
- A track record of applying for, and securing, a variety of City, County, State, Federal and private funding sources.
- Additional experience working for or with public sector housing agencies, service providers and/or property management agencies, public sector construction projects, and housing organizations is a plus.
Knowledge, Skill & Abilities
- Ability to prepare and analyze pro forma financials for low-income multifamily housing developments.
- Experience preparing loan, grant, and Low-Income Housing Tax Credit applications and/or related public and private multifamily housing finance sources
- Ability to coordinate financing closings with various lenders, investors, and agencies.
- Ability to work effectively with peers and public and private lenders.
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