Senior Director of Real Estate and Asset Management

Senior Director of Real Estate and Asset Management

Executive

Reports to

Executive Director & CEO and Deputy Director & COO

The Senior Director of Real Estate and Asset Management is a senior executive responsible for leading the affordable housing portfolio of the Housing Authority of Travis County (HATC) and its affiliate corporations across the full lifecycle of its assets: from the acquisition, financing, and construction of new developments and capital improvements to the daily operations, maintenance, and long‑term regulatory compliance of existing residential properties.

This role requires strategic leadership to maximize portfolio value and ensure strict compliance. The Senior Director personally manages hands‑on development deals for new affordable housing while overseeing third‑party management agents responsible for the existing portfolio, holding them accountable for daily operations, budgeting, and regulatory compliance. The Senior Director serves as HATC’s primary liaison on matters related to real estate development, asset management, and capital planning.

The Senior Director maximizes federal, state, and local development resources to expand the supply of affordable housing, including Low‑Income Housing Tax Credits (LIHTC), tax‑exempt bond financing, and other mechanisms authorized under Chapters 303 and 392 of the Texas Local Government Code.

• Leads the development and execution of HATC’s long‑term real estate strategy, including acquisitions, redevelopment, capital investment planning, and the advancement of a financially sustainable pipeline of high‑quality affordable housing opportunities aligned with HATC’s strategic priorities.
• Directs all phases of development, including acquisition, feasibility, financing, design, construction, and closeout.
• Develops partnerships and pursues public and private funding opportunities.
• Completes financing applications, reviews legal documents, and negotiates complex agreements, including MOUs, affordability levels, and fee structures.
• Maintains relationships with lenders, investors, funding agencies, developers, architects, engineers, contractors, governmental entities, public officials, attorneys, and the public.
• Manages project schedules, budgets, milestones, risk management, and regulatory compliance.
• Performs and reviews complex financial analyses, development pro formas, investment scenarios, and project feasibility analyses to support executive and Board decision‑making.

• Oversees third‑party management agents and staff, holding them accountable for portfolio‑wide property operations, financial performance, risk management, resident services, and regulatory compliance through established performance metrics.
• Monitors portfolio performance through operational and compliance metrics and implements strategies to maximize asset performance and long‑term sustainability.
• Develops physical needs assessments and long‑term capital plans to preserve the value of HATC assets.

• Reviews and approves annual operating and capital budgets and monitors portfolio financial performance.
• Develops policies and ensures compliance with all applicable federal, state, and local laws, HUD regulations, LIHTC requirements, and other funding program requirements.
• Prepares the portfolio for inspections and audits and implements corrective actions.

• Leads, mentors, and develops assigned staff and consultants.
• Establishes performance expectations and ensures accountability.
• Promotes a culture of innovation, accountability, and continuous improvement.

• Prepares reports and presentations for executive leadership and the Board and serves as primary staff…