Vice President of Development

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Vice President of Development, New Jersey

Vice President of Development, New Jersey

NJ
• Development

Senior management position that has full responsibility for sourcing, managing, and executing through to completion new construction affordable housing projects in New Jersey ("NJ"). Directs development staff to achieve profitable implementation of NJ and any other assigned regional-managed affordable low‑income and workforce housing developments and has overall responsibility for regional profitability.

• Full-time
• Monday - Friday
• 8:30 AM - 5:00 PM
• 25% Travel Required

This position is not fully remote. Candidates must reside in New Jersey or Greater Philadelphia Area to ensure commuting accessibility for required in‑person site visits and to maintain a consistent regional presence. While some remote work is permitted, regular travel within the region is an essential function of the role. Your home will serve as your base office, with weekly travel to your assigned portfolio of communities and apartment locations as needed.

• VP will lead the development efforts in NJ and be the “quarterback” of the Conifer teams involved in the projects (Development, Construction, Legal, Accounting, Asset Management, Property Management).
• Develop and report on annual regional profitability goals to meet overall company goals.
• Determine capacity and appropriate resources to address current and pipeline projects, including staffing and pre‑development expense budgets.
• Hire and manage Development Managers and Development Coordinators, including mentoring, coaching, training and succession planning.
• Represent Conifer at regional conferences and political events.
• Will be responsible for profitable completion of new affordable (LIHTC) housing and workforce housing developments including sourcing, local approvals, funding applications, construction closings, construction and conversion/ 8609.
• Will oversee implementation of development projects in assigned region(s), principally financed utilizing low‑income housing credits, from project inception to 8609 certification with the assistance of development staff to complete the following tasks:
  • Identifying and negotiating purchases of new project sites for pipeline
  • Responsible for project feasibility and profitability and its related impact on the corporate budget through completion.
  • Develop and maintain professional relationships with local, state and federal funding agencies staying apprised of available programs and requirements and initiatives.
  • Develop and maintain professional relationships with joint venture partners, investors and municipal development planners.
  • State funding or multi‑state funding applications where applicable.
  • Work with the Development Managers to maintain project budget, complete sources and uses and monthly update of project cost to complete.
  • Obtain local municipal project approvals. Travel required and evening appointments for local approvals.
  • Select, direct and coordinate third‑party design professionals (i.e. architects, engineers, energy and environmental consultants) to include design review, adhering to the Conifer building outline specifications and standard floor plans.
  • Coordinate completion of third‑party Market Studies and Appraisals.
  • Review and approval of third‑party contracts and billings.
  • Work with closing team on pre‑syndication, equity, construction loan and permanent loan closings.
  • Represent the owner at construction meetings and resolve issues related to design implementation, schedule, local permits, third‑party professional’s responsibilities and draw reviews. Approve hard cost draws and change orders.
  • Review and approve soft cost draws and submission of hard and soft cost draws to funders.
  • Work with PM team and Construction team to determine all regulatory requirements for the issuance of C of O from the local municipality and direct the contractor and third‑party professional to complete their required roles in the process.
  • Assist preparing final job cost for 8609 issuance and regulatory agreement filings.
  • Other development‑related projects, duties as assigned.
  • Remote with some regional office attendance when…