Development Manager

Harmony Housing Affordable Development Inc. (“HHAD”) is among the largest real estate developers of affordable rental housing in the United States. Our mission is to positively impact communities by creating and preserving quality affordable housing for low wealth households. HHAD is a wholly owned subsidiary of Harmony Housing, a 501c3 not-for-profit owner of affordable housing with an expanding portfolio of owned assets across the country.

Our fast-growing organization is currently seeking an experienced Development Manager to join the expanding Development team. This individual is responsible for overseeing the planning, execution, and advancement of specific projects within our multi-family development portfolio. This role involves supporting a development team and ensuring projects are closed on time and within budget. This position works in close coordination with HHAD’s Finance and Construction teams and is based in our Raleigh, North Carolina office, reporting to the Senior Development Manager.

The Development Manager will support the Development Team in overseeing and executing all aspects of affordable housing development. This role will involve managing specific project components, coordinating with internal teams and external partners, and ensuring compliance with funding and regulatory requirements. The Development Manager is responsible for advancing projects from conception to completion, with a focus on schedule adherence, financial oversight, and stakeholder coordination. This position requires a great deal of autonomy and accountability, along with strong experience in critical thinking and problem solving, negotiating, networking, and teamwork.

Primary Duties and Responsibilities:

• Project Management & Execution
• • Assist the Development Team in managing multiple affordable housing projects.
  • Assist with specific project components, including schedules, funding applications, design, and entitlement processes.
  • Track and report project milestones, ensuring timely completion of tasks.
  • Schedule, document, and manage development-phase meetings.
• Financial & Legal Coordination
• • Collaborate with the Development Team to assemble funding applications for LIHTC, tax-exempt bonds, , and other financing sources.
  • Assist in negotiating and reviewing purchase and sale agreements, development agreements, and other legal documentation.
  • Coordinate due diligence activities, ensuring timely review and compliance with financial and legal standards.

• Stakeholder & External Relations
• • Support the Development Team in representing the organization in meetings with local officials, planning commissions, and community groups.
  • Support the D in maintaining relationships with governmental agencies, investors, lenders, and other key stakeholders.
  • Prepare materials for public meetings and assist in leading community engagement efforts.
• Design & Construction Integration
• • Collaborate with internal construction teams and external designers to ensure project goals are met.
  • Identify potential risk and recommend mitigation strategies throughout the development process.
• Team Collaboration
• • Partner with internal teams, including underwriting, construction, finance, and accounting, to ensure cohesive project execution.
  • Provide regular updates and progress reports to the Development Team and other senior leaders.
  • Mentor and support junior team members, fostering a collaborative work environment.

Experience, Skills, and Abilities Required:

• Bachelor’s degree in business, real estate, finance, urban planning, or a related field; a Master’s degree is a plus.
• Minimum of 3-5 years of progressive professional experience in affordable housing development, real estate investment, or a related field.
• Familiarity with land use, public financing, and entitlement process.
• Maintain relationships with developers, owners, management agents, and brokers throughout the designated region.
• Identify design teams, trade partners, and consultants based on location and project specific requirements.
• Familiar with affordable housing mechanisms (e.g., programs such as LIHTC and tax-exempt bond financing, FHA mortgage insurance programs, as well as Agency debt products (Fannie, Freddie, USDA), and familiarity with other affordable housing funding programs and compliance regulations.
• Ability to work both independently and as part of a team in a fast-paced environment.
• Demonstrated excellent analytical, problem-solving, and decision-making skills with varying amounts of available information.
• Ability to recognize and mitigate investment risks; strong negotiation skills.
• High-energy, accurate, organized, highly detailed, and results-oriented professional with demonstrable ability to successfully manage multiple projects and successfully work under pressure of strict deadlines.
• Excellent written, oral, and public speaking communication skills with an ability to clearly and concisely express ideas, thoughts, and concepts verbally and in writing to diverse teams.
• Advanced computer skills (Microsoft Office Suite, Adobe, SharePoint, and SmartSheet and other similar programs).
• Exceptional customer service and interpersonal skills, with the ability to build and maintain relationships with internal and external stakeholders.
• Ability to manage daily responsibilities and projects with minimal direction, while also working in close collaboration with a team to provide solutions where needed.
• Ability to maintain a “big picture” focus while attending to incredibly detailed work and providing thorough documentation.
• Resourceful, flexible and maintain the ability to react and respond quickly towards positive outcomes.
• Strong personal standards and values consistent with HHAD’s core values (entrepreneurial, integrity, caring, and excellence).

A satisfactory background check will be required as part of the selection process.

At Harmony Housing Affordable Development, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Harmony Housing Affordable Development is an EEO employer.

This job description is not inclusive of all responsibilities, skills, requirements, efforts or working conditions associated with this position. While this job description is intended to be an accurate reflection of the current position, management reserves the right to modify the position or to require that other or different tasks be performed when circumstances change. This job description replaces all previous descriptions for this position.