Development Director
Indianapolis, IN
Full Time
POSTED ON 7/28/2022
CLOSED ON 10/14/2022
Job Posting for Development Director at TWG Development, Construction, Property Management
Description
POSITION SUMMARY:
Responsible and accountable for creating new real estate opportunities (new construction and acquisitions) in an assigned territory for the company. This includes coordinating all aspects of the development and entitlement process from inception to closing and then ongoing as
needed.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Lead the development process from inception to closing which includes, but is not limited to, site identification, contract negotiations, entitlement work, underwriting, site design, relationship building / management with development and agency partners, etc.
- Determine geographical and financial feasibility of new real estate opportunities
- Complete real estate analysis, including site visits, internal market studies and utility availability research.
- Coordinate third party due diligence reports.
- Perform, coordinate and / or lead pre-development work such as preliminary architectural and engineering issues, zoning issues, and local government support
- Participate in the completion of zoning, development plan, and other required applications to municipalities.
- Calculate financial feasibility of proposed developments including initial pro forma analysis
- Prepare and submit financing packages including; Low-Income Housing Tax Credit, Tax Exempt Bond, HOME, CDBG, FHLB / AHP grants, and other soft financing as needed and/or rental subsidy applications.
- Complete reports to state housing finance agencies and other funding sources as required
- Coordinate with other departments in order to successfully deliver projects
- Other duties as assigned
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Salary.com Estimation for Development Director in Indianapolis, IN
$100,498 to $159,187
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