Director of Development and Asset Management

HOUSING AUTHORITY OF THE CITY OF LI

Director of Development and Asset Management

Livermore, CA
Full Time
Paid
  • Responsibilities

    About the Opportunity

    The Livermore Housing Authority (LHA) is seeking a strategic and hands-on Director of Development and Asset Management to lead and execute the Agency’s real estate development and portfolio strategy.

    This is a unique opportunity to shape the future of affordable housing in Livermore. You will drive new development, acquisitions, and repositioning efforts while ensuring the long-term financial and operational success of the Agency’s housing portfolio.

    As a small and dynamic agency, this role is ideal for someone who enjoys both big-picture strategy and rolling up their sleeves—you’ll lead initiatives while directly managing projects and working closely with consultants, partners, and stakeholders.

    What You’ll Do

    Lead Development Strategy

    Build and execute a pipeline of affordable housing projects including new construction, acquisitions, and repositioning

    Identify and evaluate development opportunities, partnerships, and sites

    Perform feasibility analysis, financial modeling, and risk assessment

    Manage Full Lifecycle Development

    Oversee projects from concept through stabilization (pre-development → construction → lease-up)

    Structure and secure financing (LIHTC, bonds, grants, and other funding sources)

    Negotiate development agreements and coordinate with legal, financial, and development partners

    Ensure projects are delivered on time, within budget, and in compliance

    Oversee Construction & Delivery

    Monitor construction progress, budgets, and contractor performance

    Review change orders, pay applications, and project close-outs

    Ensure compliance with prevailing wage, Section 3, and applicable regulations

    Drive Asset Management Strategy

    Monitor financial performance of the Agency’s housing portfolio

    Analyze budgets, cash flow, and long-term capital needs

    Lead capital planning, refinancing, and repositioning strategies

    Ensure compliance with regulatory agreements and funding requirements

    Collaborate on Property Operations

    Partner with property management to ensure strong operations and occupancy

    Establish performance expectations and monitor KPIs

    Support lease-up strategies for new developments

    Secure Funding & Financial Sustainability

    Lead competitive funding applications (LIHTC, HOME, CDBG, etc.)

    Identify new funding sources and financing opportunities

    Partner with Finance on long-term portfolio strategy

    Serve as a Key Leader & Representative

    Act as LHA’s lead real estate representative with public agencies, developers, and partners

    Present projects and strategy to executive leadership and the Board

    Build strong relationships with local jurisdictions and funding partners

    Operate in a Lean, High-Impact Environment

    Perform hands-on work including financial modeling and due diligence

    Manage multiple projects independently

    Leverage consultants effectively while maintaining ownership of outcomes

    What We’re Looking For

    Minimum Qualifications

    Bachelor’s degree in real estate, urban planning, business, finance, or related field

    At least five (5) years of progressively responsible experience in:

    Affordable housing development

    Real estate finance and/or asset management

    Demonstrated experience managing projects through the full development lifecycle

    Preferred Qualifications

    Experience with LIHTC and public funding programs

    Experience working with a housing authority or public agency

    Strong understanding of affordable housing regulations and compliance

    Key Skills & Expertise

    Affordable housing development and finance

    Financial modeling and pro forma analysis

    Asset management and portfolio strategy

    Project and construction management

    Negotiation and stakeholder engagement

    Ability to work independently in a fast-paced, evolving environment

    Why Join Livermore Housing Authority?

    Impact: Shape real, tangible affordable housing outcomes in the community

    Schedule: 9/80 schedule and potential hybrid work environment

    Stability & Benefits:

    CalPERS pension

    Medical, dental, and vision insurance

    Life and long-term disability insurance

    457 retirement plan option

    Generous leave and 16 holidays + 1 floating holiday

    Additional Information

    • Valid California driver’s license required
    • Occasional evening meetings and travel may be required
    • Employment subject to background check

    To view the full job description please visit: https://livermoreha.org/employment-opportunities.html