Development Finance Manager Jobs in Washington (NOW HIRING)

Job Description Summary: The Deputy Director of Housing and Community Development is responsible for planning, development, financing, implementation, and oversight of affordable housing and community development initiatives throughout Southern Maryland. This position provides leadership for all aspects of affordable housing development, including site acquisition, land development, financing, construction management, regulatory approvals, project implementation, and long-term asset management.

The Deputy Director serves as the Agency's lead management official responsible for affordable housing development activities involving the Low-Income Housing Tax Credit (LIHTC) Program, USDA Rural Development Programs, HOME Investment Partnerships Program, Community Development Block Grant (CDBG) funding, and other federal, state, local, and private financing sources. The position is responsible for development finance activities, including financial feasibility analysis, predevelopment financing, construction financing, permanent financing, multi-year operating projections, and long-term asset sustainability.

The Deputy Director oversees housing counseling services, rental housing operations, property management relationships, Office of Home Energy Programs (OHEP), Emergency Food Programs, maintenance operations, and other assigned community development initiatives. The position assembles and manages development teams, including architects, engineers, contractors, consultants, attorneys, lenders, syndicators, investors, and governmental agencies to ensure the successful completion of housing and community development projects.

The Deputy Director assists the President/CEO in the planning, administration, and strategic management of Agency operations. In the absence of the President/CEO, and when designated by the President/CEO or Board of Directors, the Deputy Director may serve as Acting Executive Officer and exercise delegated authority necessary to ensure continuity of Agency operations. The Deputy Director position reports directly to the President/CEO and is accountable for the effective and satisfactory performance of all essential job functions.

Position Requirements Summary:

Education & Experience

Technical Expertise

and private financing sources.

Professional Standards

Communication & Leadership

Responsibilities and Duties:

Affordable Housing Development

Identify and evaluate sites suitable for affordable housing development.

Establish criteria and production schedules for finished lots and multi-family sites.

Source development opportunities through realtors, landowners, financial institutions, governmental entities, and other channels.

Lead affordable housing development activities involving LIHTC, USDA, HOME, CDBG, and other housing finance programs.

Financing & Resource Development

Identify and secure funding for pre-development and site acquisition.

Prepare and submit financing applications.

Maintain relationships with federal, state, local, and private funding sources.

Develop and manage long-term financial projections, including 20+ year proformas.

Oversee revenue streams, including rent collections and program funding.

Coordinate development finance activities, including financial feasibility analysis, predevelopment financing, construction financing, permanent financing, and long-term asset sustainability.

Regulatory Approvals & Compliance

Navigate zoning, subdivision, and environmental regulations, including:

Coordinate with project engineers and regulatory agencies.

Monitor and ensure timely approval processes.

Ensure compliance with federal, state, local, funder, investor, and program requirements.

Project Development & Management

Assemble and manage development teams, including architects, engineers, contractors, consultants, attorneys, lenders, syndicators, investors, and governmental agencies.

Negotiate contracts and agreements.

Oversee all phases of construction and development.

Monitor progress, coordinate inspections, and manage disbursement of funds.

Monitor project schedules, budgets, change orders, contractor performance, and project closeout requirements.

Program & Operational Oversight

Manage housing-related services, including:

Oversee property management agreements and ensure effective rental operations.

Monitor assigned program performance, service outcomes, reporting requirements, and compliance deadlines.

Provide supervision, guidance, and accountability for assigned staff and contractors.

Executive Support and Acting Authority

Assist the President/CEO in the planning, administration, and strategic management of Agency operations.

Provide leadership and support on special projects, organizational initiatives, and community partnerships.

Represent the Agency before governmental agencies, funding organizations, community stakeholders, and professional organizations as assigned.

Prepare reports, presentations, and recommendations for the President/CEO, Board of Directors, and funding agencies.

In the absence of the President/CEO, and when designated by the President/CEO or Board of Directors, serve as Acting Executive Officer and exercise delegated authority necessary to ensure continuity of Agency operations.

Perform other duties as assigned.

Licenses or Certifications:

Special Requirements:

Physical Demands:

Application Instructions:

Applications Accepted By:

Required Documents:

⚠️ Important: Applications and resumes that are incomplete or missing required information will not

be considered.

An Equal Opportunity/Affirmative Action Employer