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Real Estate Development Specialist

Job in Decatur, Morgan County, Alabama, 35609, USA
Listing for: Community Action Partnership of North Alabama
Full Time position
Listed on 2026-03-01
Job specializations:
  • Real Estate/Property
    Real Estate Finance, Real Estate Project Manager, Real Estate Development, Property Management
Salary/Wage Range or Industry Benchmark: 582 - 985 USD Weekly USD 582.00 985.00 WEEK
Job Description & How to Apply Below

JOB TITLE:

Real Estate Development Specialist STATUS:
Exempt

REPORTS TO:

Director of Real Estate Development

GRADE LEVEL/SALARY: 2-$1164-$1970.40 Bi-weekly

Position Summary:

As a significant part of the Housing Business Unit, this position is responsible for working closely with the Director of Real Estate Development and the Project Manager of Real Estate Development to participate in every phase of real estate development. The Real Estate Development Specialist (REDS) would also be actively involved as developments progress through to completion. The REDS would be familiar with the due diligence associated with real estate acquisitions and real estate closings.

The REDS would interact with development partners, funding agencies, contractors, property managers and other key partners.

Responsibilities:
  • Complete tasks as assigned by Director of Real Estate Development and Project Manager.
  • Maintain project files, including correspondence, reports, and invoicing for funding agencies, lenders, partners and third party contractors.
  • Ship or mail project documents as required. Monitor and distribute incoming mail and shipments.
  • Work within the Housing Business Unit and with fiscal department as directed.
  • Work closely with Neighbor Works, Federation of Appalachian Housing Enterprises, Alabama Housing Finance Authority, South Carolina Housing Finance and Development Authority, Federal Home Loan Bank, and other housing partners.
  • Communicate and coordinate with Asset Manager as needed for work related to new and existing projects.
  • Communicate and Coordinate with Fiscal staff to ensure prompt and accurate processing of accounts.
  • Take all internal and inter-agency meeting minutes as needed.
Additional Responsibilities:
  • Work as directed on Neighbor Works Week projects.
  • Other duties as may be necessary to fulfil the responsibilities of this position.
Work Relationships and Scope:

Reports directly to the Director of Real Estate Development. Regular interaction with Project Manager, CEO, Asset Manager, Fiscal Office, Home ownership Specialist, legal counsel, development partners, third party contractors, city, state and federal government representatives, state and federal regulatory agencies, housing financial institutions, business, industry, Chambers of Commerce, non-governmental organisations and other non‑profits.

Measure of Performance:

Works in harmony with agency leaders and especially with the members of the Housing Business Unit. Exemplifies servant leadership. Excellent communication skills. Accurate, timely, reliable and thorough. Accepts feedback willingly. Represents the values of the Partnership in action and word. Acts with confidence and deliberateness. Self‑directed. Ability to work without close supervision. Maintains confidential information. Measures of performance include:

  • Daily: monitor and respond to emails/correspondence from funders, lenders, development partners and third‑party consultants – responding in less than 24 hours.
  • Daily: tracking, returning, logging and filing documents for financial, legal and organisational requirements.
  • Weekly: submit purchase orders for RED invoices and contractor/vendor/partner invoices.
  • Weekly:
    Log invoices and payments as journal entries in cost workbook (Excel).
  • Monthly:
    Submit reporting as may be required by housing authorities, participating jurisdictions (PJ’s) and lenders (e.g., CHDO reports). Reports created by PM or DRED.
  • Quarterly:
    Submit reporting as may be required by housing authorities, PJ’s and lenders. Reports created by PM or DRED.
  • Annually:
    Assist in submitting – in a timely manner – CHDO applications, and funding applications as may be required by housing authorities and PJ’s.
  • Acquire certification related to the development of projects through the Low‑Income Housing Tax Credit program.
  • Knowledge, Skills and Abilities:

    High school diploma is required with additional post‑secondary education or certifications preferred. Proven understanding of real‑estate acquisition processes and loan closings. Ability to work closely and successfully with internal and external team to achieve results. Proficient with Microsoft Office tools and able to learn and use other…

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