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Director of Real Estate Investments & Development

Salary
$100,000-$124,999
Employment
Full Time
Real Estate Field
  • General Management / C-Suite
Location
Houston
 TX
Postal Code
77057
Country
United States

This job is no longer active.

Description


GENERAL SUMMARY
Directs a small group of Development/Real Estate Investments & Development (REID) team members regarding the development and modernization of all housing for the Houston Housing Authority dwelling units. Oversees all capital improvement programs, Capital Funds Program (CFP), Low Income Housing Tax Credit (LIHTC) Program, and new housing development efforts. Performs a variety of managerial tasks involving the operation of housing developments. Reports to the Vice President of Real Estate Investments & Development.
 
PRINCIPAL DUTIES AND RESPONSIBILITIES
  • Provides assistance to the Vice President of REID and oversees and directs other team members in market analysis, site acquisition, feasibility analysis, project entitlements, coordination of design development and production of construction documents.
  • Plans, develops, directs, delegates, and supervises work of staff engaged in development and capital improvements. Will also be responsible for interviewing hiring, orienting and training team members and manages their performance in accordance with Houston Housing Authority policies.
  • Assists in developing financing strategies which may involve multiple sources, including Tax Exempt Bond, LIHTC’s, Home Funds, Community Development Block Grant (CDBG) Funds, Housing Choice Voucher rents and Rental Assistance Demonstration (RAD).
  • Develops methods of communication with residents for input into and concerns regarding modernization.
  • Administers the relocation process of all residents requiring relocation as a result of capital improvements.
  • Administers regulations and directives as required by HUD.
  • Assists in the preparation of information, reports, and recommendations for the Board of Commissioners and prepares Resolutions for Board action.
  • Monitors the expenditures of modernization and new development funds for compliance.
  • Formulates plans and procedures, establishes deadlines, requires reports, analyzes problems, and develops solutions for all construction related activities.
  • Assists in and coordinates the preparation and timely submission of the Real Estate Investments and Development (REID) budget and amendments, and monitors expenditures during the year.
  • Assists in the identification of potential opportunities for expansion of the housing stock.
  • Responsible for monitoring the process of all design & construction related consultants.
  • Plans and delegates work to personnel involved in new and ongoing development efforts.  Develops and implements a system for reporting project progress.
  • Performs other duties as assigned.
KNOWLEDGE, SKILLS AND ABILITIES
  • Knowledge of HUD economic development programs.
  • Knowledge of the modern principles, practices, and techniques pertaining to management of low rent and Housing Choice Voucher programs.
  • Knowledge of the relationship between Houston Housing Authority and federal, state, and local jurisdictions and their abilities to provide funds or other support to Houston Housing Authority, and PHA operating policies and procedures regarding such relationships.
  • Knowledge of community organizations, institutions, groups, agencies, and business firms.
  • Skill in personal computer software packages such as word-processing and spreadsheets.
  • Skill for meeting and dealing with the public and other bodies, and presenting information in a clear, organized, and convincing manner.
  • Ability to relate and interact with people of diverse social and economic backgrounds.
  • Ability to deal effectively with situations that require tact and diplomacy, yet firmness.
COMPLEXITY / SCOPE OF WORK
  • The employee must perform a wide variety of tasks, which range from routine to difficult and are not closely related.
  • Work needing to be done must be identified, coordinated, integrated, prioritized and accomplished using a variety of tasks or assignments.
  • The Director of REID must make regular decisions involving usual and unusual circumstances, conflicting data, or other non-routine occurrences. Decisions and issues facing the employee involve multiple organizational units.
  • The employee's work affects other employees, Houston Housing Authority residents, various departments of city and county government, and numerous business firms, organizations, institutions, and agencies in the community.
  • The quality of the employee’s assistance to the Vice President of REID is reflected directly in the accomplishment of Houston Housing Authority’s goals and objectives.
GUIDELINES
  • Other than the established policies and procedures and traditional employment practices, few written guidelines cover these situations.
  • When the Director of REID makes decisions that are not covered by guidelines, the Director of REID will generally consult the supervisor, develop new guidelines, or make a decision based on the circumstances and past experience.
  • Good judgment is often required.
SUPERVISORY CONTROLS
  • The employee receives general instructions from the Vice President of REID and then develops the sequence and timing of activities on the basis of objectives, priorities and deadlines established.
  • Generally, instructions from the Vice President of REID are broad, though there are intermittent occasions when the Director of REID receives specific instructions.
  • The Director of REID initiates and follows through on routine activities without supervisory direction.
  • Problems or situations not covered by instructions are either dealt with independently, or in consultation with the supervisor.
  • The Director of REID’s work is reviewed regularly for adherence to policies and attainment of objectives.
  • The employee gives instructions to subordinates, which are usually broad and nonspecific unless an unusual situation or problem has arisen.
  • The Director of REID monitors the work of subordinates for accuracy, completeness, conformity to policy, and achievement of goals or objectives, and evaluates employee job performance.
PERSONAL CONTACTS
  • Contacts are primarily with other Houston Housing Authority employees, the Board of Commissioners, federal, state, and local governmental officials, and representatives, banking institutions, and community agencies.
PHYSICAL DEMANDS / WORK ENVIRONMENT
  • The employees work is primarily sedentary, but may involve some physical exertion during on site visits with residents, staff members, or community personnel.
  • The employee may sit comfortably to do the work, or may be involved in some walking, standing, bending, carrying of light items such as papers, books, and files, or driving an automobile.
  • There may be physical exertion while traveling to meetings, conferences, or workshops in other cities.
  • The employee's work involves the normal risks or discomforts associated with an office environment and are usually in an area that is adequately cooled, heated, lighted, and ventilated. From time to time, however, it may involve visits to outdoor developments, sites, dwellings, or facilities.
JOB REQUIREMENTS:
MINIMUM QUALIFICATIONS
  • Four (4) year degree in Business, Construction Management, Public Administration, or other field related to position duties from an accredited college or university, and four (4) years progressive management experience, or a combination of education and experience.
  • Three (3) years of responsible managerial experience in public housing or regulatory agency, or an equivalent combination of experience and education.
  • A Housing Management Certificate is preferred.
  • Bondable.
  • Valid Texas driver's license.
  • Eligibility for coverage under Agency fleet auto insurance.
DISCLAIMER
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
 

Job Functions


  • Administration
  • General Management and C-Suite
  • Operations
 

Job Sector


  • Government/Education
 

Experience


5+ to 7 years


This job is no longer active.

 
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