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Housing Developer

DESC
Seattle, WA Full Time
POSTED ON 12/20/2023 CLOSED ON 2/8/2024

What are the responsibilities and job description for the Housing Developer position at DESC?

Description

Days Off: Saturday, Sunday

Shift: Office Day

Insurance Benefits: Dental, Life, Long-term Disability, Medical (no premiums/payroll deductions for employee coverage)

Other Benefits: Employee Assistance Program (EAP), Flexible Spending Account (FSA), ORCA card subsidy, Paid Time Off (34 days per year), Retirement Plan


About DESC:

DESC (Downtown Emergency Service Center) is a nonprofit organization working to help people with the complex needs of homelessness, substance use disorders, and serious mental illness achieve their highest potential for health and well-being through comprehensive services, treatment, and housing. Our vision is a community where no person is abandoned, ignored, or experiencing homelessness. 


As the region's leading provider of services to multiply disabled adults who have experienced chronic homelessness, DESC serves almost 2,000 people each day. Our integrated service model is designed to help people secure and maintain appropriate, safe, and affordable housing. DESC is recognized nationally and regionally as an innovator in developing solutions to homelessness.


JOB DEFINITION:

The DESC Housing Developer is responsible for project management encompassing all aspects of housing development from site acquisition to placed-in-service. DESC has multiple projects under development at the same time to include new capital investments and renovation/rehabilitation of existing properties. Capital investments are typically funded through tax credit financing. DESC operates over 1,000 units of supportive housing throughout Seattle for our community's most vulnerable adults - particularly for those disabled by serious mental and/or addictive illnesses.

 

MAJOR DUTIES AND RESPONSIBILITIES:

  • Assist Senior Housing Developer to evaluate new sites for developability and manage acquisition activities as DESC’s representative.
  • Assist Senior Housing Developer to maintain an overall project schedule, including milestones and strategic updates to overall project trajectory (cost estimates, bidding, etc.).
  • Assist with coordination of professional consultants to provide services in connection with the design, planning and costing.
  • Frame relevant program-driven design questions and liaison with internal program staff to answer.
  • Coordinate with Field Manager as required for items including design decision making, construction methods and strategies, etc.
  • Assist Senior Housing Developer to develop financing strategies and explore new financing models using a range of federal and local tools. Develop and manage project accounting documents including processing draw requests to lender/funders. Knowledge of tax credit financing modeling and structure.
  • Assist with development of permit strategy and schedule, select architect and engineers (soils, civil, mechanical, etc.), evaluate cost estimate and value engineering options.
  • Monitor the GC's compliance with federal, state and local policies including bidding, green building goals and wage/employment requirements, Manage the use of the contingency. Review and approve change order proposals while considering both the project’s financial risk and the long-term operational impact.
  • Assist with preparation of local funding applications to include: City of Seattle, King County, Department of Commerce. Applications may include private or public investors such as Enterprise or FHLB.
  • Manage the close out process with public funders.
  • Participate in affordable housing discussions at a community level with groups such as the Housing Development Consortium of Seattle-King County with particular attention to issues that impact supportive housing development.
  • Other duties as assigned.


EQUAL OPPORTUNITY EMPLOYER:

DESC is committed to diversity in the workplace, and promotes equal employment opportunities for all staff members and applicants. The Agency will not discriminate against any employee or applicant for employment on the basis of race, creed, color, sex, gender, sexual orientation, age, national origin, caste, marital status, or the presence of any sensory, mental or physical disability in any employment practice, unless based on a bona fide occupational qualification. Minorities and veterans are encouraged to apply.

Requirements

MINIMUM REQUIREMENTS:

  • Relevant Bachelor’s degree or 3 years of highly relevant job experience.
  • 1 years of prior experience with the preparation of funding capital and operating/service applications
  • Valid Washington State Driver’s License and insurable driving record.
  • Ability to communicate and work effectively with staff from various backgrounds.
  • Ability to work effectively with clients displaying a wide range of unpleasant and/or bizarre behavior.
  • Subscribe to the philosophy of cooperation and continuity across programs and of consideration and respect for clients.


PREFERRED REQUIREMENTS:

  • 1 years of tax credit financing experience, 9% funding model preferred.
  • 1 years of local public capital funding experience, such as Seattle Office of Housing, King County, Department of Commerce
  • Experience with the management of closing contracts with capital funders and development of operational and capital budgets.
  • Prior experience working in the nonprofit real estate community.

Salary : $99,509 - $112,613

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