What are the responsibilities and job description for the Development Specialist position at Woda Cooper?
Duties/Responsibilities
The Development Specialist helps lead a team that oversees all aspects of affordable real estate
development: site acquisition, land use, and zoning analysis; financial feasibility, packaging,
grant writing, and closing; construction administration; and permanent conversation and transfer to
operations. Extensive experience with affordable and/or supportive housing development including
usage of low-income housing tax credits (LIHTC), tax exempt bonds, state/federal capital programs,
and mixed-financed deals is essential.
The Development Specialist reports to the President of Woda.
Duties/Responsibilities:
- Obtain capital from a variety of public and private sources including municipal, state, federal,
affordable and supportive housing, including new construction and rehab.
- Locate and secure viable development sites, often through option agreements or joint
- Complete financial analysis of all prospective projects to determine funding strategy, and
- Develop re-capitalizing and re-structuring strategies for existing assets.
- Review proformas and other projections to create financially viable construction and permanent
- Supervise and work collaboratively with a team of consultants including lenders, attorneys,
- Work with local and regional elected officials and boards to secure financing, proper zoning,
- Manage and lead the entirety of the real estate development process including financing,
- Work collaboratively with State Housing Agencies, Services, and Finance Divisions to gain input
community needs, organization’s expertise, and organization’s risk tolerance.
- Participate in organizational strategic planning and other executive management
- All other duties assigned.
BENEFITS
We offer competitive wages and annual bonus opportunities. Benefits include:
- Medical, Dental and Vision
- Short Term Disability and Life Insurance
- 401k with Company Match
- 100% Employee-Owned Company with the Employee Stock Ownership Plan (ESOP)
- Cell Phone Discount
- 12 Days Paid Time Off
- 8 Paid Holidays & 2 Floating Holidays!
- Fitness Reimbursement
WHO WE ARE
Woda Cooper Companies, Inc. is a rapidly growing development, construction, and property management organization dedicated to the creation of quality affordable housing to benefit those who need it most. We are an employee-owned, passion-driven group that changes each community of which we are a part. We manage over 14,000 housing units in 16 states, proudly serving seniors, veterans, and other economically challenged groups. We seek ambitious, talented individuals who want to grow with a rapidly expanding company whose success is not only measured in dollars and cents, but in lives changed. With a development portfolio of $1.5 billion, Woda Cooper consistently ranks among the top affordable housing developers and owners in the country by Affordable Housing Finance.
Required Skills and Abilities:
- Willingness to travel to our 16-state footprint and beyond.
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Teams, Outlook).
- Strong time management skills.
- Strong critical-thinking skills.
- Careful attention to detail.
Education and Experience:
Bachelor’s degree required.- 1-3 years in affordable housing real estate development preferred.
- Experience presenting and interacting with local, county, and state governments or willingness
- Experience working in affordable housing programs including one or more of the following: LIHTC,
Physical Requirements:
- Must possess a valid driver’s license and insurance.
