Director, Preservation

Position Title

Director, Housing Preservation

Vice President, Repositioning & Asset Management

Real Estate Asset and Property Management

Q Salary Range: 97,

The Director of Housing Preservation is responsible for preserving affordable housing units for The Housing Authority of the City of Atlanta, GA ("Atlanta Housing") real estate portfolio. Under the direction of the Vice President of Repositioning and Asset Management, this role will lead efforts to preserve affordable housing in the city of Atlanta in response to the growing need for affordable housing.

The Director of Housing Preservation will oversee a group of real estate professionals to fulfill Atlanta Housing’s mission, goals and objectives through innovative measures focused on preserving existing affordable housing. All work is approached with a goal to provide high-quality affordable housing, promote self-sufficiency, support active aging in place, improve the overall quality of life of our participants, and contribute positively to the betterment of the surrounding communities.

Lead a team of real estate professionals by establishing goals, monitoring performance, coaching and mentoring, identifying areas for professional development and fostering an environment of professional growth. This also includes assessing staffing needs, recruiting, hiring, terminating, evaluating performance, training, etc. Lead preservation strategies for Atlanta Housing’s existing Home Flex, Mixed and RAD portfolio. Includes overseeing changes in ownership, refinances and LIHTC re-syndications for AH’s existing portfolio.

Includes ensuring the appropriate internal, external and regulatory approvals are obtained and closely monitoring project status

Lead a team of real estate professionals by establishing goals, monitoring performance, coaching and mentoring, identifying areas for professional development and fostering an environment of professional growth. This also includes assessing staffing needs, recruiting, hiring, terminating, evaluating performance, training, etc. Lead preservation strategies for Atlanta Housing’s existing Home Flex, Mixed and RAD portfolio. Includes overseeing changes in ownership, refinances and LIHTC re-syndications for AH’s existing portfolio.

Includes ensuring the appropriate internal, external and regulatory approvals are obtained and closely monitoring project status through financial closing.

Involves preparing and submitting various HUD documents such as Letters to Director, Development Proposals and Development Calculators; working with internal and external partners to obtain information needed for HUD submission package; reviewing evidentiary documents; and serving as the main point of contact for AH and HUD matters.

Develop and lead RAD preservation strategies for Atlanta Housing’s Mixed and AH-Owned communities. Includes assessing Atlanta Housing’s existing public housing portfolio to develop and implement strategies to achieve Atlanta Housing’s preservation goals. Involves evaluating deal feasibility and structuring, financial modeling and underwriting, reviewing various regulatory documents and agreements, and effective project management to ensure the development reaches financial closing.

Lead Atlanta Housing’s Restore Rebuild initiative for the creation and preservation of affordable housing units within the city of Atlanta which includes monitoring voucher utilization, managing Request for Proposal (RFP) / Notice of Funding Availability (NOFA) process and managing the transaction through financial closing.

Support the Atlanta Housing’s vacant land, co-investment and Home Flex initiatives by providing historical information and…