Development Manager

Make a difference and join the DCA Team!  DCA provides employees with more than just a means to make a living.  We are committed to helping Georgia's families live more abundantly with a greater sense of hope and fulfillment.  If public service, a great environment, and the desire to enrich the lives of others motivate you to do your best work, you should consider joining the DCA Team.  

OUR MISSION

To help build strong, vibrant communities.

OUR VISION

For Georgians of today and tomorrow to have the opportunity to live and work in thriving communities.

OUR CULTURE

We are a diverse team of highly competent and committed professionals who strive to help people and communities thrive through technical expertise, innovative thinking, and a passion for making a difference.  Team members are at their best when collaborating and supporting each other as they perform challenging and dynamic work.

General Description

The Georgia Department of Community Affairs (DCA) is a state organization dedicated to partnering with communities to help create a climate of success for Georgia's families and businesses. DCA offers a fast-paced, challenging, and dynamic environment that requires attention to detail, a commitment to quality work, and the ability to work effectively as a versatile team player.

Overview of Job:

The Georgia Department of Community Affairs (DCA) is seeking a Development Manager in the Office of Housing Finance.

The Office of Housing Finance is responsible for allocating, underwriting, monitoring construction, and overseeing development for multifamily properties funded with the Housing Tax Credit across Georgia. Annually, the Office of Housing Finance oversees hundreds of awarded properties in the pipeline and funds hundreds of millions of dollars for new developments. Once Housing Tax Credit properties are completed, oversight is transitioned to the Office of Portfolio Management, which oversees each property for a thirty-year period of affordability.

The Development Manager will oversee the Development Team, which will be responsible for various areas associated with the pipeline of properties that have already received a housing tax credit award from the Department of Community Affairs.  This position requires strong technical knowledge of financing complex multifamily properties, including the Federal and State Low-Income Housing Tax Credit Program.  The position requires very strong problem-solving skills and the ability to navigate multiple layers of complex government programs.  Interaction is primarily with high-level state and local government leaders, the Internal Revenue Service, the Department of Insurance, the Department of Housing and Urban Development, the Department of Treasury officials, and the development community. The ability to analyze and manipulate data from multiple sources to inform strategic housing analysis is required.

CORE RESPONSIBILITIES INCLUDE:

•          Serve as partners' primary contact for issues and questions once developments have received a Housing Tax Credit award

•          Provide construction updates to senior management

•          Oversee the final front-end reviews of housing tax credit developments and issuance of the IRS Form 8609, ensuring properties exhibit strong financial health and satisfactory construction standards

•          Oversee and approve any changes post-award, including but not limited to project concept changes and deadline extensions

•          Coordinate with Construction team and Office of Portfolio Management to ensure properties smoothly transition in the thirty-year affordability period

•          Ensure pipeline maintains architectural, financial, and data integrity

•          Manage and empower a team of three staff members

•          Communicate regularly with external partners about developments in the pipeline (including developers, contractors, architects, consultants, investors, and lenders)

•          Provide regular pipeline status updates and insights to Division leadership

•          Monitor and manage other various tasks assigned by the Division

PREFERRED KNOWLEDGE, SKILLS, & ABILITIES

•          Professional or education experience in multifamily development and/or underwriting

•          Knowledge of financing used in affordable housing or multifamily development

•          Understanding of partnership structures

•          Ability to read code, laws, or statute, including but not limited to IRS Section 42

•          Ability to identify, analyze, improve, and/or streamline problems and processes

•          Ability to perform financial analysis or modeling

•          Ability to maintain organizational and attention to detail

•          Ability to work in a fast-paced environment while remaining adaptable and calm

•          Ability to be actively listen and learn from others

•          Advanced knowledge of database, programming, or spreadsheet software, including Microsoft Excel, Emphasys, and/or R

•          Skill in oral and written communication

QUALIFICATIONS

•          Bachelor's degree in accounting, finance, real estate or related field from an accredited college or university

•          Four years of full-time experience in underwriting, multifamily construction, finance, real estate, accounting, housing, or public policy

•          Working knowledge of real estate and accounting principles

•          One year of project management or team management experience

Note: An equivalent combination of education and job specific experience that provided the knowledge, experience and competencies required to successfully perform the job at the level listed may be substituted on a year-over-year basis.

Preferred Qualifications - External:

Preference will be given to applicants who in addition to meeting the minimum qualifications possess at least one year of professional experience in multifamily underwriting or comparable field.

WORKING CONDITIONS (TRAVEL, HOURS, ENVIRONMENT)

This position is currently designated as a hybrid (part in-office and part remote/Telework) position.  This position is full time (40 hours per week) and may require occasional overtime.  Local periodic travel may be required. 

PHYSICAL / SENSORY REQUIREMENTS:

Work is principally stationary, but the person in this position needs to occasionally move about inside the office to access file cabinets, office machinery, etc., and constantly operates a computer and other office equipment.

Must be able to remain in a stationary position 50% of the time.

Must be able to perform office-related duties.

Must be able to operate office equipment.

Must be able to establish and maintain effective working relationships with employees, tenants, and community agencies and other entities that provide services.

Must be able to perform essential job functions, with or without reasonable accommodation.

Must be able to perform essential job functions in an environment that will sometimes include increased levels of work-related stress.

Must maintain punctuality and attendance as scheduled.

NOTE: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, age, disability, protected veteran status, or any other characteristic protected by law. All qualified applicants will be considered but may not necessarily receive an interview. Due to the large volume of submissions received by this office, information concerning application and/or interview status cannot be provided.  Selected applicants will be contacted for next steps in the interview process.  Applicants who are not selected will not receive notification.  This position is subject to close at any time once a satisfactory applicant pool has been identified.

DCA is an Equal Opportunity Employer. If you need accommodation for an interview, please contact the Human Resources Office at (404) 679-4845

Hiring is contingent upon satisfactory results of employment verification, background, criminal records investigation and motor vehicle reports.

This job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the business and requirement of the job change.  This job posting may close at any time upon gaining a sufficient applicant pool from which to select a qualified candidate.

All duties and responsibilities listed are considered to be essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities.  Marginal functions of the position (those that are incidental to the performance of the job duties) have not been included.   However, the omission of specific statements of duties does not exclude them from the position if the work is similar, related, or logical assignment to the position.

DCA is an Equal Opportunity Employer. If you need an accommodation for an interview, please contact the Human Resources Office at (404) 679-4845

Hiring is contingent upon satisfactory results of employment verification, background, criminal records investigation, and motor vehicle reports.

This job description does not constitute an employment agreement between the employer and the employee and is subject to change by the employer as the needs of the business and requirement of the job change.  This job posting may close at any time upon gaining a sufficient applicant pool from which to select a qualified candidate.

All duties and responsibilities listed are considered to be essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities.  Marginal functions of the position (those that are incidental to the performance of the job duties) have not been included.   However, the omission of specific statements of duties does not exclude them from the position if the work is similar, related, or logical assignment to the position.