Director of Multifamily Development, Affordable Housing

Korn Ferry has partnered with our client on their search for Director of Affordable Housing Multifamily.

Reporting to the Chief Development Officer, the Director of Development provides strategic leadership and oversight for all aspects of real estate development, rehabilitation, acquisition, and financing initiatives. As a member of the executive team, the Director collaborates closely with senior leadership, presents key development matters to the Board, and engages with external stakeholders including public agencies, financial institutions, developers, and community organizations.

The Director manages the Development Services Department
, guiding four core program areas:

• Redevelopment – Leading large-scale, mixed-use, and mixed-income development and repositioning projects.
• Acquisitions – Expanding the housing portfolio through targeted purchases of multifamily and other residential properties.
• Innovative Partnerships – Structuring and executing strategic alliances with public, private, and nonprofit partners to deliver new housing opportunities.
• Capital and Debt – Overseeing financing structures, bond transactions, and integration of public, private, and philanthropic funding sources.

The Director ensures operational excellence, financial accountability, and alignment with organizational goals. This includes supervising senior and professional staff, managing departmental budgets, and driving the execution of complex real estate strategies that enhance community impact and long-term financial sustainability.

• Lead all aspects of real estate development, rehabilitation, and infrastructure projects.
• Establish and manage departmental objectives, performance metrics, and budgets.
• Structure and negotiate development and financing transactions; oversee detailed pro forma and financial analyses.
• Recruit, develop, and motivate high-performing teams while fostering a culture of innovation and accountability.
• Represent the organization in public forums, negotiations, and industry events.
• Manage contracts, procurement, and compliance with applicable regulations.
• Coordinate funding applications and ensure project feasibility, quality, and cost effectiveness.

• Demonstrated success managing large-scale, multifamily real estate development and financing initiatives.
• Advanced knowledge of real estate finance, urban planning, construction management, and regulatory processes.
• Proven ability to develop partnerships and secure diverse funding sources.
• Exceptional leadership, communication, and stakeholder management skills.
• Strong analytical acumen and ability to navigate complex transactions and negotiations.
• At least Seven years of progressively responsible experience in real estate or housing development, including four years in a leadership capacity.
• Graduate degree in real estate, finance, architecture, planning, or a related discipline; equivalent experience may be considered in lieu of an advanced degree.