Senior Development Manager bei King County Housing Authority

About the Department

King County Housing Authority is excited to announce an opportunity for a skilled and mission-driven Senior Development Manager in Asset Management to join our Development team. In this leadership role, you’ll guide the planning and execution of affordable housing projects—from early feasibility and financing strategies to construction oversight and successful completion. You’ll work closely with internal teams and external partners to deliver high-impact developments using Low-Income Housing Tax Credits, tax-exempt bonds, and other public and private funding sources. If you’re passionate about expanding housing access and ready to lead a team making a difference in King County, we encourage you to apply.

King County Housing Authority (KCHA) is the largest provider of affordable housing in the Pacific Northwest and a nationally recognized leader in affordable housing. To learn more about KCHA and our Mission visit this link.

We transform lives through housing. 

Position Duties

• Leads a team to provide management of all of King County Housing Authority’s real estate development projects that involve Low-Income Housing Tax Credits and other public funding.
• Performs up front feasibility analysis on potential acquisitions and development; prepares financing plan; develops and updates financial models; analyzes financial feasibility of tax credit financed real estate projects. Procures a development team including architects, contractors, and attorneys, and oversees their work throughout the development process. Reviews third party studies such as environmental assessments, market studies, appraisals, and architectural plans and specifications.
• Oversees the submission of funding applications for development projects, including applications for Low-Income Housing Tax Credits, ARCH, King County and Washington State financing. Coordinates the issuance and sale of tax-exempt bond financing and oversees the solicitation for, selection of and closing with the tax credit investor. Reviews all financial documents to ensure their consistency with King County Housing Authority’s goals and policies. Maintains open and positive relationships with investors, funders and local governments.
• Assists in hiring and developing staff for assigned projects; assists in identifying long-term staffing and departmental activities; provides aid in budget preparation and cash flow projections.
• Schedules, facilitates, and prepares documents for a variety of meetings; provides or reviews written materials; maintains project record keeping.
• Collaborates with other departments of King County Housing Authority and oversees communication and educational efforts so staff across the agency are aware of development activities.

Minimum Qualifications

Required Qualifications:

• Bachelor’s Degree in Finance, Urban Development, or a closely related field AND
• Extensive experience in complex real estate development, tax credit, and/or bond financing OR
• An equivalent combination of experience and education that provides the necessary knowledge, skills, and abilities to perform the essential functions of this position.

Required Knowledge, Skills and Abilities:

• Understands technical aspects of the position and continuously builds knowledge, keeping up to date on the substantive and procedural aspects of the position.
  • Comprehensive knowledge of real estate development, project management, affordable housing finance, and contract administration.
  • Advanced understanding of land use planning, permitting, zoning, density, and infrastructure analysis.
  • Thorough knowledge of Federal, State, and local codes, regulations, and funding practices; deep knowledge of the IRS and Washington State Housing Finance Commission’s policies related to Low-Income Housing Tax Credit financing.
  • Knowledge of and ability to coordinate with development department for real estate financing; expertise in developing project budgets, projections, and cost estimates; experience investigating and securing financing for development feasibility.
• Communicates with clarity and professionalism in both verbal and written formats, including public presentations and technical report preparation.
  • Ability to compose and prepare strong technical correspondence; demonstrated proofreading and editing skills.
  • Ability to understand, interpret and explain difficult materials with complicated information that may contain excerpts from regulatory and/or legal documents to all levels of the organization. 
  • Effective negotiation and interpersonal skills; ability to deal firmly and tactfully in enforcing ordinances and codes.
• Supervision of projects, programs and people including external partners, investors and/or investment bankers.
• Values diversity and possesses an understanding of multicultural and cultural competencies; ability to work effectively and positively with individuals of diverse cultural and socio-economic backgrounds.
• Strong analytical skills for interpreting surveys, plans, architectural/engineering drawings, maps, and easements; ability to resolve cross-departmental issues and develop innovative solutions to complex development challenges.
• Effective interpersonal relations skills with the ability to work collaboratively to garner the trust, respect, and confidence from others; can be relied upon to achieve excellent results; ability to work effectively under pressure in a fast-paced environment.
• A collaborative team member with well-developed organizational and time management skills; ability to develop effective working relationships; works cooperatively, exchanges ideas, and addresses issues in a constructive manner. 

Special Requirements:

• Consent to and pass driver’s and criminal records background check.
• Must possess a valid driver's license to travel between work sites as required. Must have an acceptable driving record at time of appointment and throughout employment.

Other Qualifications

Application Requirements:
To be considered for this opportunity: 

• Complete the online application profile in its entirety. 
• Upload a cover letter that addresses how your experience and education qualify you to perform the essential functions listed in the job announcement. (Cover Letter)
• Upload a detailed résumé of all educational and professional experiences. (Résumé)

Salary & Benefits:
The starting salary range for this position is $121,471.33 - $153,053.36 annually dependent on qualifications and professional experience. The complete salary range for this position is $121,471.33 - $184,635.39 annually. Performance based merit increase opportunities and Cost of Living Adjustments (COLA) are reviewed on an annual basis. A comprehensive health care benefits package for you and your dependents includes medical, dental and vision insurance, life and long-term disability insurance plans, vacation, sick and personal leave, tuition reimbursement, and retirement benefits are also available. For more details regarding KCHA comprehensive benefits, please visit our benefits page.
 
Work Environment:
After initial onboarding, this position will have the opportunity to work remotely up to 60% in accordance with the KCHA's flexible work arrangements; however, remote work conditions will be reviewed on a regular basis based on business and program need. Employees must reside in Washington State and have the ability to report to the Central Office in Tukwila. Some local and domestic travel may be required to support KCHA business needs.

Physical Requirements:

Incumbent(s) must be able to meet the physical requirements of the classification and have mobility, balance, coordination, vision, hearing and dexterity levels appropriate to the functions performed. Reasonable accommodations may be made to enable individuals 

with disabilities to perform the essential functions.

This work requires the occasional exertion of up to 25 pounds of force; work regularly requires speaking or hearing and occasionally requires standing, walking, sitting, using hands to finger, handle or feel and repetitive motions; work has standard vision requirements; vocal communication is required for expressing or exchanging ideas by means of the spoken word; hearing is required to perceive information at normal spoken word levels; work requires preparing and analyzing written or computer data, using of measuring devices, operating machines, operating motor vehicles or equipment and observing general surroundings and activities; work occasionally requires exposure to outdoor weather conditions and exposure to bloodborne pathogens and may be required to wear specialized personal protective equipment; work is generally in a moderately noisy location (e.g. business office, light traffic).

Equal Opportunity:
King County Housing Authority is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.