JOB ID: 1455
PATH Ventures is a maturing organization with leadership dedicated to high-quality work. Its pipeline of innovative projects offers an exciting opportunity to produce critically needed housing resources and enhance the experience, capability and role of the organization.
PATH Ventures is a non-profit developer of permanent supportive housing with projects located throughout California. Recognizing that homelessness is fundamentally a housing issue, PATH, one of the largest homeless services providers in California, created PATH Ventures in 2007. PATH Ventures works to achieve its mission of ending homelessness by building affordable rental homes for homeless individuals and families with the wraparound supportive services necessary to help residents reintegrate into the community, increase independence, and achieve long-term stability. Since its formation, PATH Ventures has acquired and/or co-developed fourteen residential communities totaling 847 affordable units. In partnership with its co-developers, it has 185 units under construction. PATH Ventures’ service programs are low-barrier and use a Housing First and harm reduction approach, coupled with ongoing supportive services.
The Senior Director of Real Estate Development will leverage their skills and experience in affordable housing best practices to take a significant leadership role in the creation of Housing First communities for the formerly homeless. The Senior Director oversees the real estate development activities of PATH Ventures and supervises and trains the real estate development staff.
The following reflects management’s definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons. Reasonable accommodations may be made to enable individuals with disabilities to perform essential job functions.
- Supervise real estate development staff in the development of permanent supportive housing
- Direct all real estate development operations, including:
- coordinating financial packaging
- securing acquisition, predevelopment, construction and permanent financing
- securing entitlements
- building community support and working with various internal and external stakeholder groups
- supervising architects, consultants, property managers, contractors and other development team members; and
- monitoring development, construction and lease-up processes
- Assist the Executive Director in identifying acquisition opportunities, including defining each project’s services program; developing acquisition and funding options; and evaluating over-all project feasibility
- Oversee the negotiation of all major agreements and financing documents, including limited partnership agreements, loan documents, construction contracts, architectural agreements, and property management agreements
- Oversee overall progress of projects in terms of budgets and timelines
- Work closely and effectively with PATH supportive services team to create supportive service plans and agreements, define each project’s target population and unit mix, and incorporate design recommendations
- Train and support real estate development staff to be effective and technically excellent
- Build and maintain positive and effective relationships with external partners, including banks, investors, government lenders, and consultants, such as general contractors, architects, and others
- Maintain a working knowledge of significant developments and trends in the field
- Work with the Executive Director to report to the Project Review Committee and Board of Directors on the progress of development projects and to request approval of new projects
- Work with the Executive Director to advocate for policies, programs and funding that support and expand permanent supportive housing
- With the support of the Executive Director, create departmental policies and procedures that promote high quality products and an effective work environment
- Serve as an articulate, visible and effective spokesperson for the organization and its projects
- Work with departments at PATH in furtherance of PATH Ventures real estate projects and to define procedures and processes that facilitate the organization’s work
- Experienced and technically proficient in all aspects of affordable housing real estate development, including finance, entitlement and design, construction, lease-up and operations
- Able to analyze complex data, perform sophisticated analysis, and make appropriate recommendations and decisions
- Excellent interpersonal skills and a team-building spirit
- An entrepreneurial and creative approach to problem-solving
- Resilient, versatile and flexible
- Commitment to the mission of providing affordable homes and supportive services to our state’s most vulnerable populations
- Well-organized and detail-oriented, with excellent analytical skills
- Proficient in sophisticated real estate finance analysis using Excel, project management software, and word processing software
- Experienced supervisor
- Good presentation skills- excellent oral and written communication skills;
- Ten or more years experience in housing development, business, finance, urban planning or a related field, preferably for a non-profit, government agency or private financial institution, OR
- A relevant Master’s degree with seven years or more experience in housing development, business, finance, urban planning or a related field
- Job will include some evening and weekend hours
- Employment Eligibility Verification
- Reliable transportation
- Updated tuberculosis test
- Successful completion of background screening
- Able to obtain First Aid/CPR certification as provided by PATH
- Driving is an essential function of this position
- Must have Valid CA Driver's License
- Must provide proof of insurance coverage
- Must be able to qualify for PATH insurance coverage
The employee may be in contact with individuals and families in crisis who may be ill, using alcohol and drugs, and who may not be attentive to basic personal hygiene, health and safety practices. The employee may experience a number of unpleasant sensory demands associated with the client’s use of alcohol and drugs, and lack of personal hygiene. The employee must be ready to respond quickly and effectively to many types of situations, including crisis situations and potentially hostile situations. The noise level in the work environment is usually moderate in an office setting. Sometimes work may become stressful when working under pressure.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand, sit, walk, stoop, talk, hear, reach above and below shoulders; use hand and finger dexterity, keyboarding and making and receiving telephone calls. The employee may be required on occasion to lift and or carry up to 20 lbs.
PATH (People Assisting The Homeless) provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, PATH complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
How to apply:
Please visit the Path Career Site
to apply online. Search for Job #1455
to submit your application. A resume is required.