The Community Developer contributes to the real estate development activities of Cathedral Square (CSC), a highly innovative and successful non-profit housing and resident services provider. Cathedral Square enjoys a positive reputation as a leader in the development, ownership and management of affordable senior housing, and as the original architect of the SASH® program – Support and Services at Home, offered throughout CSC’s portfolio, throughout Vermont, and now being replicated nationally. CSC is highly innovative in its delivery of well-designed and energy efficient housing communities.
The Community Developer works as part of a small dedicated team to both develop new high quality, affordable and accessible housing, and to preserve/rehabilitate existing affordable housing. This position offers a diverse and interesting range of projects, and an opportunity to make a positive difference in the lives of low income older adults.
The Community Developer represents the organization’s mission and interests to co-workers, funders, nonprofit housing organizations, community groups, governmental entities, principal real estate professionals and the general public. This work requires a demonstrated commitment to providing housing opportunities for low and moderate income households, and the ability to communicate the value of this work to a variety of audiences.
Project Development & Management
- Works under the general supervision of the Director of Development to create and evaluate multifamily housing development opportunities
- Work with communities to identify affordable housing needs and solutions
- Responsible for maintaining and updating a high level of knowledge including but not limited to federal and state funding programs, Section 42 of the IRS Code (LIHTC), Rehabilitation Investment Tax Credit (RITC), environmental regulations, Act 250 and local permitting process, handicap accessibility regulations and/or developments
- Assists with site selection and all aspects of pre-development feasibility work
- Works to secure pre-development and development funding by preparing applications to appropriate local, state, federal and private funding sources
- Prepares and maintains development schedule in collaboration with Director of Development and Project Manager
- Assists in the development of proforma
- Coordinates securing land use permits with consultants necessary to complete feasibility
- Responsible for insuring that electronic and paper files are maintained
- Coordinates closely with the CSC Operations Department so that project operating systems are designed to meet efficiency and long term maintenance standards
- Procures professional services as needed for feasibility, project design, and construction
- Works closely with consultants and in partnership with the CSC Project Manager throughout the design, construction and post construction period to insure that developments are built to specifications and operate as intended
- Works with Development team to meet conditions of all funding awards and permits
- Responsible for compiling and submitting reports to funding sources as needed
- Assist with loan closings as needed and appropriate
- Works as part of a team to constantly improve CSC design, learn and adapt to new energy efficiency systems, and insure resident satisfaction with buildings
- Works with Development Team and Operations/Maintenance Departments on preservation and capital improvements to CSC portfolio projects as needed
- Provide assistance on special projects as needed, for example telehealth or SASH in family housing, or advancing energy efficiency in CSC’s portfolio
Education and Experience
Bachelor’s Degree required, and post graduate work or professional training in relevant field preferred plus experience as follows:
- Demonstrated experience in writing grant and project funding applications
- Experience with budgets, proformas, spreadsheets
- Experience in real estate development, preferably in affordable rental housing development, at least two years
- Experience in green building and energy efficiency design and programs preferred
- Experience with multi-family real estate project management, at least two years
- Familiarity with applicable housing programs and regulations is preferable
- Experience with the array of legal documents used in development including option agreements, partnership agreements, notes, mortgages, regulatory and security agreements, AIA contract forms, is preferable
Excellent communication, problem solving and analytical skills are required. Computer and technology skills, writing skills, organizational and planning skills, and active listening skills as well as excellent interpersonal skills are necessary to represent CSC in a positive manner. The position requires the ability to exercise confidentiality, attention to detail, and the ability to communicate effectively with colleagues, clients and the community. Strong planning, problem-solving, and time-management skills are a necessity. The ability to effectively manage multiple, changing priorities is a job requirement.
- Analytical /verbal: Must be able to communicate orally and in writing to all relevant parties including local governing boards, development review boards and community groups. Must be able to master details as well as be able to articulate the “big picture”.
- Analytical /financial: Must be skilled in financial analysis, and use of an electronic spreadsheet (Excel). Must insure that there is solid justification for financial assumptions made in project pro formas. To perform this job successfully, an individual should be computer proficient and have knowledge of word processing software, spreadsheet software (Excel) and experience using the Internet and e-mail.
- Communication: Must have ability to impart a sense of direction and confidence to others in an environment of significant financial responsibility, deadlines, and competing priorities. Must be capable of engaging in frequent, clear communication with staff affected by development including maintenance and operations staff. Must be able to produce clear and compelling grant and loan applications as well as other written materials as needed. Must believe in the mission of permanently affordable housing with support services and be able to communicate this to a broad range of audiences. Must enjoy working as part of a team.
- Negotiating: Must have excellent communication skills and ability to effectively balance competing interests and help move all parties toward shared goals/resolution of issues.
- Housing Knowledge: Familiarity with housing regulations and programs applicable to Vermont. Must commit to continuing education in housing regulations and programs.
CSC Standard of Conduct:
- Demonstrates a commitment to the mission and values of CSC
- Demonstrates respectful and effective communication with co-workers, residents, families and vendors
- Protects the privacy and confidentiality of information related to residents, families, staff and general CSC operations
- Communicates a positive image about CSC to the community
- Conducts them/him/herself in a safe manner by adhering to all CSC safety practices, rules and standards throughout the work day
- Maintains a professional appearance that is appropriate for his/her/their position
- Reports to work on time, provides advance notice for time off, completes timesheets accurately and appropriately manages CTO (combined time off)
- Demonstrates a commitment to integrity in work habits and use of CSC resources
- CSC’s mission and operations require that an employee is prepared to perform duties as assigned that may be outside his/her principle responsibilities
Working Conditions and Physical Demands:
The Community Developer must have the physical and mental abilities to perform the essential job duties listed above. However, reasonable accommodation may be extended to help perform those duties. The job may entail long periods of sitting/standing at a desk, and prolonged periods of computer work. The work entails significant self motivation. Regular travel between sites will be required to fulfill job responsibilities. Occasional travel to meetings and seminars may be required. A valid drivers license is required.