Development Specialist

Woda Cooper Companies

  • Columbus, OH
  • Permanent
  • Full-time
  • 17 days ago
Job DetailsJob Location: Columbus, OHPosition Type: Full TimeEducation Level: Bachelor's DegreeSalary Range: UndisclosedDescriptionDuties/ResponsibilitiesThe 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.Reports To:
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,
and tax credit opportunities, often through competitive RFP processes, for the development of
affordable and supportive housing, including new construction and rehab.
  • Locate and secure viable development sites, often through option agreements or joint
venture.
  • Complete financial analysis of all prospective projects to determine funding strategy, and
highest and best use.
  • Develop re-capitalizing and re-structuring strategies for existing assets.
  • Review proformas and other projections to create financially viable construction and permanent
operating budgets.
  • Supervise and work collaboratively with a team of consultants including lenders, attorneys,
architects, engineers, contractors, and others.
  • Work with local and regional elected officials and boards to secure financing, proper zoning,
and other entitlements.
  • Manage and lead the entirety of the real estate development process including financing,
closing, construction administration, and placement into service.
  • Work collaboratively with State Housing Agencies, Services, and Finance Divisions to gain input
on real estate development strategy and create projects that reflect the
community needs, organization’s expertise, and organization’s risk tolerance.
  • Participate in organizational strategic planning and other executive management
processes.
  • All other duties assigned.
BENEFITSWe 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 AREWoda 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.QualificationsRequired 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
to learn the same.
  • Experience working in affordable housing programs including one or more of the following: LIHTC,
USDA Rural Development, Section 8, HOME, etc.Physical Requirements:
  • Must possess a valid driver’s license and insurance.

Woda Cooper Companies