Development Manager

About Lotus Company

At Lotus Company, we believe every person deserves more than a place to live, they deserve a place to belong.

Lotus exists to restore dignity, renew hope, and create sanctuaries where life can truly flourish. As a full-service builder, developer, owner, and operator, Lotus leads with intention at every stage; from design and development to construction, management, and community impact. Every detail reflects a belief that housing is sacred ground: a foundation upon which human potential awakens and communities come alive.

Our neighborhood communities blend thoughtful design, sustainable craftsmanship, and authentic connection, creating spaces where families thrive and neighbors become community. Through our Lotus Impact Foundation, we extend our mission beyond housing, offering programs that empower residents to heal, grow, and step into brighter futures. Through Lotus Hospitality, we design gathering places that cultivate belonging, beauty, and shared humanity.

With over $1 billion in projects in motion, Lotus is not merely constructing buildings, we are cultivating sanctuaries of hope across the nation. Each community is a living testament that every person is seen, safe and valued.

The Development Manager will take ownership of development project teams from inception through stabilization, with a focus on LIHTC and other affordable housing developments. This role includes leading cross-functional project teams and managing project teams while reporting to a Director of Development. The Manager will work closely with external consultants and internal departments including accounting, construction, asset management, and capital strategies.

• Lead project execution, mentor team members, and drive key strategic initiatives across the development pipeline
• Oversee and manage multiple multifamily developments, including acquisition, entitlements, financing, construction, and stabilization.
• Supervise, mentor, and review work of Associates and Analysts, providing structured development opportunities.
• Oversee project teams in preparation of pro formas, budgets, and financial packages; approve final underwriting and assumptions.
• Direct LIHTC and financing application processes in coordination with consultants and government agencies.
• Manage closings for land, financing, and partnership agreements.
• Serve as primary liaison with municipalities, lenders, investors, and community stakeholders.
• Report on project progress, budgets, and risks to senior leadership.
• Uphold compliance with regulatory and lender requirements.
• Champion Lotus’s mission of “Mindfully Creating”
• Other duties as assigned.

• Full P&L Responsibilities.
• Ability to take a LIHTC deal cradle to grave with minimal oversight.
• Lead and complete the LIHTC Application.
• Has been a part of at least one deal full cycle development and has experienced the different stages of development across at least three deals.
• Develop team talent through coaching, delegation, and accountability.
• 5+ years of experience in multifamily development, with at least two LIHTC full-cycle projects completed.
• Help source Deals.

• Bachelor’s degree in accounting, finance, economics, real estate or other related field (MRED, MSF or relevant master’s a plus).
• 5+ years of experience in multifamily development, affordable housing, or a related field, with demonstrated experience managing successful projects.
• Strong knowledge of LIHTC, public financing programs, and affordable housing policy.
• Proven ability to manage multiple complex projects simultaneously, from early-stage planning through construction and stabilization.
• Proficiency in financial modeling and development budgeting.
• Strong organizational, leadership, and communication skills.
• Experience working with public agencies, lenders, investors, architects, engineers, and construction teams.

This is a full-time, in-office position based on the 13th floor of our downtown Salt Lake City headquarters, with core hours Monday through Friday. Our office at Second + State offers expansive views of the city and surrounding mountains, access to a…