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Development Manager
 
DESCRIPTION
The Development team is responsible for the preservation, creation, implementation, monitoring/evaluation of development proposals/plans for mixed-income and public housing sites with the goal to create and preserve vibrant communities and new housing opportunities for public housing residents. Activities include development of mixed income communities, family development improvements, development and preservation of market-quality affordable family and senior housing, and the acquisition/disposition of real estate assets.

The Development Manager is the project lead responsible for guiding development plans and completing development projects in accordance with CHA guidelines and planning/design, finance, best practices. Duties include, but are not limited to, managing preservation, recapitalization, mixed finance developments and other CHA developments.

The Development Manager will report to a Deputy Chief, Senior Director or Director and will work collaboratively with team members in other CHA departments, other government agencies and stakeholders to meet Department objectives.
 
SUMMARY OF PRIMARY ACCOUNTABILITIES
• Leads comprehensive revitalization efforts for development sites and specific projects in accordance with CHA guidelines and protocols. These activities may vary and could include master planning, residential (rental and homeownership), commercial, mixed-use, and recreational and other development projects.
• Collaboratively works with CHA project team members and other key stakeholders throughout development process beginning in project planning feasibility through closing, construction, and lease up.
• Solicits the expertise of others while articulating a clear understanding of the issues to keep development projects moving forward.
• Keeps CHA leadership informed at all times of progress in achieving project milestones and unit delivery goals. Identifies and consults with leadership team on items that impact scope, schedule, and budget.
• Writes and coordinates solicitations for development proposals via RFP or RFQ process with Procurement and leads the review process, as required.
• Manages the business relationships between CHA and the development team or co-development partner.
• Coordinates the engagement, reviews, and approvals of numerous City Departments, Chicago Public Schools, and the Chicago Park District, as required.
• Manages the engagement during the development process for residents and community representatives through the Local Advisory Council and Working Groups.
• Coordinates the engagement of CHA Property & Asset Management, Resident Services, Legal, Procurement and Finance project team members and experts during the predevelopment and closing process including the production of evidentiary or other documents for HUD PIH, SAC, and RAD approvals as required.
• Coordinates with Developer and CHA team members for efficient unit delivery, leasing and occupancy. Effectively translates Resident Services and Property Asset Management concerns to the development team to ensure a comprehensive CHA strategy.
• Prepares and delivers presentations and other supporting materials for internal CHA approvals and community residents/representatives, City departments, HUD, other governmental agencies, and other groups, as required.
• Completes funding reporting, coordinating all elements including financial and narrative reporting. Ensures that financial expenditures are met and in accordance with any requirements.
• Conducts and coordinates deal term negotiation and deal structuring, preparation and/or review of project development proformas, underwriting and analysis; preparation of HUD Disposition, Faircloth to RAD, RAD and Mixed Finance Proposal submissions, preparation and review of HUD evidentiary financing documents including loan agreements; reviews and approval the closing draw package; and processes predevelopment and construction loan disbursements.
• Performs other duties, as assigned, consistent with the goals and objectives of this position.
 
EDUCATION AND EXPERIENCE REQUIREMENTS:
  • Academic Level: Bachelors
  • Industry Experience: Other industries not listed
 
ADDITIONAL REQUIREMENTS:
This position requires a Bachelor's Degree in Political Science, Architecture, Urban Planning, Engineering, Accounting, Business Administration, or related field. A Master's Degree in City Planning and Urban Development, Public Policy, Business Administration or directly related degree is desirable. Experience with affordable housing development, public housing funding, tax increment financing, HOME funds, bond proceeds and other federal/state funding opportunities is required. Three years of experience in private business, government environment or not­ for-profit community development with a strong emphasis on affordable housing development and/or project management is required. (Internships and unpaid experience may count toward the experience requirement.) Experience with comprehensive, multi-phased development is preferred.

Key competencies to success include an ability to think analytically and consequentially; ability to prioritize and handle multiple tasks in a time sensitive environment; strong writing skills; excellent interpersonal communication skills; and solid computer skills.

Ability to work extended work hours and travel throughout the City of Chicago.

Salary Range: $80,000 – $90,000
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