Join Our Team as a Director of Development- Public Housing!
Are you passionate about creating innovative housing solutions and transforming communities? Gorman & Company is seeking a
Director of Development- Public Housing to lead impactful affordable housing projects from inception to completion.
At Gorman, we specialize in developing, constructing, and managing service-enriched housing options for individuals and families. As a member of our team, you'll work alongside dedicated professionals committed to addressing the nation's affordable housing challenges.
What You'll Do:
Lead Affordable Housing Projects:
- Oversee the planning, underwriting, financing, and construction phases of development projects.
- Manage lease-up activities and ensure successful financial conversion post-completion.
- Work closely with financial analysts to review and vet project budgets and proformas.
Stakeholder Collaboration:
- Represent Gorman in meetings with public and private partners, including government agencies, community organizations, and financial institutions.
- Build relationships with elected officials, nonprofit organizations, and community groups to drive project success.
- Serve as a company representative at community and industry events to increase market presence.
Financial Management:
- Assist the Market President in identifying financing partners for new developments and preparing investor/lender RFPs.
- Review legal documents for financial closings and ensure all commitments are met.
- Track development budgets and prepare financial models, including sources and uses statements and cash flow projections.
Regulatory & Compliance Oversight:
- Ensure all projects comply with federal, state, and local regulations, including Davis-Bacon, ADA, and physical accessibility requirements.
- Prepare applications for government and quasi-governmental funding programs and submit post-award documentation as required.
Team Coordination:
- Collaborate with the Architecture and Construction teams to meet design and construction standards.
- Work with on-site staff to implement required program activities and compliance monitoring for each development.
- Assist with negotiating construction agreements and monitoring vendor/contractor performance.
Additional Responsibilities:
- Conduct site visits for potential and existing projects.
- Assist with securing site control and reviewing materials for land purchases, leases, or transfers.
- Initiate strategic planning for future development opportunities and evaluate predevelopment partnerships.
- Oversee project schedules, perform final development inspections, and ensure timely completion of construction.
What We're Looking For:
- Bachelor's degree in real estate, finance, business administration, or a related field (Master's degree preferred).
- Experience with state or federal housing programs, especially LIHTC, is a strong plus.
- Exceptional organizational, analytical, and communication skills.
- A passion for addressing affordable housing challenges and making a difference in communities.
- Proficiency in Microsoft Office Suite.
Why Join Gorman & Company?
We value our employees and offer a comprehensive benefits package, including:
- Health & Wellness: Medical, dental, and vision insurance.
- Financial Benefits: 401(k) retirement plan with company match, up to 6%!
- Work-Life Balance: Generous paid time off (18 days per year!) and flexible work options.
- Growth Opportunities: Professional development programs and career advancement.
- Additional Perks: Employee assistance program, Pet Insurance, and more!
Ready to Make an Impact?
If you're ready to lead meaningful projects that create thriving communities, apply today to become a
Director of Development at Gorman & Company. Learn more about our Development Team here.
Gorman & Company is proud to be an Equal Employment Opportunity/Affirmative Action Employer.
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Gorman & Company
vision insurance, paid time off, 401(k), retirement plan
Jan 28, 2025