Real Estate Development Officer

Description

Avesta Housing is looking for a dynamic and self-accountable individual to manage the development and rehabilitation of affordable multi-family rental housing in Maine and New Hampshire. 

About Avesta Housing 

Avesta Housing is a local leader in housing development, property management, and assisted living solutions. Founded in 1972, our nonprofit organization serves individuals and families in need of quality affordable housing in Maine and New Hampshire.

Our employees selected Avesta Housing as a 2024 Best Places to Work in Maine because of our opportunities for career advancement, friendly workplace culture, impressive benefits and compensation, responsive managers, and company values!

What it’s Like to Work Here 

Our team members have positive attitudes, are creative problem-solvers, and share a dedication to housing equity and inclusion for all. Our shared commitment to improving the lives of others and strengthening our communities through affordable housing gives us purpose and inspires our best work. Our workplace culture and continuous opportunities for growth have resulted in Avesta Housing being a popular place to work.

What We're Looking For

The person who is ready for this opportunity will have 3 or more years’ experience in real estate development and meet the following requirements:

• Strong project management and financial underwriting skills
• Well-organized
• Creative and proactive problem-solver
• Good communication skills, including public comment and presentations
• Excellent analytical skills
• Ability to work under pressure and meet tight deadlines

Requirements

• Bachelor’s Degree required; Master’s Degree in real estate, urban planning, finance, business, or a related field preferred.
• Thorough knowledge of multifamily housing finance including proficiency with pro formas.
• Thorough knowledge of the real estate development process and relevant regulations, including land acquisition, municipal approvals, zoning, environmental review, design, and construction.
• Demonstrated ability to execute successful real estate development projects, manage multiple work streams simultaneously, and operate with a high degree of independence.
• At least 3 years of financial underwriting, project management, real estate development, or other relevant experience.
• Experience with LIHTC, HUD, RD, State housing finance agencies or other housing finance entities

Click HERE to view the full Development Officer job description.

This is a full-time (37.5 hours/week) position, and the annual salary range is $80,000 - $90,000.

Work Location 

This position will be in-person at Avesta’s Portland headquarters with an opportunity to move to a hybrid work setup in the future. Additional travel in Maine and New Hampshire will be required, and dependent on the location of development projects.

Benefits

We have excellent employee benefits, including: 

• Employer-paid health and dental plans for employees;
• Flexible spending and dependent care accounts;
• 401(k) retirement savings plan with immediate vested match of up to 6%;
• Employer-paid basic life, long-term and short-term disability;
• Free wellness services for benefits-eligible employees and their dependents;
• 13 paid holidays;
• Up to 8 weeks paid parental leave;
• Generous earned time, starting with 22 days in first year of employment;
• Professional development assistance;
• Employee referral bonus program; and
• Tuition reimbursement

Ready to Apply? 

If this job sounds like a fit for you, please click through to our Employment Application. A resume and cover letter that tells us how your experience is relevant to this role are required.