Homes for America, Inc. (HFA), based in Annapolis, Maryland, is a 501(c) (3) nonprofit organization which develops and owns affordable housing in the mid-Atlantic states of Maryland, Pennsylvania, Delaware and Virginia. HFA’s mission is to create and preserve affordable service enriched housing for low and moderate income families, seniors, and persons with special needs. HFA has developed over 80 communities with more than 6,500 apartments, with an active pipeline under construction or in development.
The Development Director reports to the Executive Vice President of Development and is an integral member of the development team. We are seeking an applicant with extensive experience in the affordable housing field to oversee and be responsible for the development of multiple projects. The position helps expand HFA’s portfolio of communities, contributing to HFA’s success of providing high quality, affordable housing for its residents.
Position responsibilities include: • Lead and direct development team members, including general contractor, architect, and civil engineer, through the development and local entitlement process. • Work closely with the HFA Director of Design and Construction and design team to ensure HFA communities are attractively designed and in keeping with HFA standards. • Identify potential sites or properties for development and complete feasibility analysis. • Create financing plans for proposed developments and obtain needed financing. • Negotiate lender and investor terms and ensure project legal agreements meet HFA requirements and standards. • Identify and negotiate agreements with third party contractors as required. • Represent HFA at meetings with local public officials to secure approvals that may be required for specific developments.
Applicants must have at least five years of real estate development experience, ideally in the affordable housing field. A Bachelor or Masters Degree in finance, real estate, or related field is preferred. The applicant should be detailed oriented, have strong organizational skills, and an ability to take initiative, while working in a fast paced, team-oriented environment. An applicant with a particular interest in land development is preferred. A strong commitment to HFA’s mission and high standards is required.
Additional Salary Information:
HFA has competitive salaries and excellent benefits. HFA is an equal opportunity employer.
Email cover letter with salary requirements and resume to Kenyaetta Bush at Kenyaetta@homesforamerica.org
About Homes For America
Homes for America is a nonprofit housing development corporation which specializes in developing and preserving affordable rental housing. All of our housing is enhanced with supportive services for the residents; we seek to provide great housing and to create communities which enrich the lives of the residents.
Founded and headquartered in Annapolis, Maryland since 1994, HFA works in the mid-Atlantic region and provides careful supervision of all of our communities and the resident services provided. We are a mission driven, deeply involved owner working to insure that all of our properties serve the residents and are valued additions to the neighborhoods and communities of which they are a part.
Since we have been in existence HFA has created 81 rental communities with over 6,400 units in Maryland, Pennsylvania, Virginia, and Delaware. HFA has well performing assets and a solid financial base.
We are one of the largest and most productive nonprofit developers in the country and in the region, the 11th largest in the nation. The quality of our work has been widely recognized, we are one of the most honored affordable housing developers with 25 national, state, regional ...and local awards for excellence.
Our staff has extensive experience and we are advised by a distinguished Board of Directors with national reputations and accomplishments.